Tetra Pak say a new production line at one its plants in China will boost output to 20bn liquid dairy cartons annually to ‘keep up with market demand’.
Asia Pacific will see a 9% CAGR in its emulsifier market until 2017, fuelled by China, driven by a sustained demand for natural emulsifiers and low-fat foods in a burgeoning processed foods segment, according to a report.
Asian agribusiness, Wilmar International, has secured a 10.1% shareholder stake in Australian food giant Goodman Fielder, and will consider further investment.
The Australian Food and Grocery Council has expanded its services to cater for small-to-medium (SME) enterprises in the country’s A$108 billion food and grocery manufacturing sector.
Digital marketing innovation and a strong, direct relationship with consumers is key to successful brand building and sales force in India, according to PepsiCo.
Two US companies have joined the board of the US-China Health Products Association (USCHPA) pushing its total membership up to 13, adding industry knowledge and voice to the voting sector of the association.
Global consultancy firm Intertek Cantox International has expanded its food regulatory services in Asia with a new office in Beijing dedicated to assisting food ingredient manufacturers conform to regulatory requirements and enter the Chinese marketplace.
India-based botanical extract specialists, Olive Lifesciences, has invested US$434,000 in a new research and development facility near Bangalore to drive new product development (NPD) and product assessment for the nutraceutical and food markets.
A new manufacturing facility in Shanghai will enable flavour manufacturer Frutarom to tap into the vast opportunities in the savoury application sector in China and Southeast Asia.
PepsiCo’s push into the healthy foods market in India is truly on its way with the company launching ‘healthier’ variants of some of its most popular food products.
China’s vast yet underdeveloped dietary supplements market needs a full regulatory reform to realise true growth through a transparent and open marketplace, according to an industry expert.
Synthite Industries, the India-based oleoresin extraction firm, has said that it would use its recently announced acquisition in China to clear a path to the Southeast Asian market.
An undisclosed investment from Asia’s largest agribusiness Wilmar International will enable US flavour giant Blue Pacific Flavors to focus on expanding its research capacities.
China-based Shanghai Pengxin Group has been granted an extension until February 7 to finalise the purchase of New Zealand Crafar Dairy farms, KordaMentha, the farms’ receivers announced today.
New Zealand’s natural products industry has exceeded revenues of NZ$1billion (US$823.2m) which highlights the significance of this sector and its growth potential, especially in exports, according to an industry expert.
Rampant acquisitionist Naturex will make 3-4 European and North American acquisitions in 2012, once it completes a deal with an unnamed Asian supplier by the end of March, CEO, president and founder, Jacques Dikansky has told this publication.
Even as Chinese companies gobble up Australian food and beverage manufacturing interests, one Australian wine maker has reversed the tables by buying up a Chinese concern to expand its market.
The focus for manufacturers in Singapore needs to be on the export market, and in particular functional and health foods, according to industry official.
A strong Chinese investment in the Australian wine company Ferngrove has enabled it to expand its premium bottled wine business and successfully enter and market to China, according to the firm’s managing director.
International wine makers will reap the benefits of the Chinese New Year period where wine consumption will at least double, according to industry experts.
US ice cream brand Baskin-Robbins has timed entrance into Vietnam carefully via a franchise with a local food company amid a snowballing economy and emerging middle class with a taste for luxuries, the company said.
New Zealand’s food and beverage sector does have the growth potential to reach government targets of tripling exports over the next 15 years, with opportunities in processed foods and beverages, according to report.
With an eye on the small but growing halal food market in China, Malaysia-based Fahim Technologies has expanded its halal integrity solution services to the country’s autonomous Muslim-populated province of Ningxia.
Asia holds growth promise amid a volatile global economy for multinational food companies, especially in the functional food sector, according to industry report.
The Indian tea industry – the world’s biggest – Is set to almost double in just three years – leaping from US$3.7bn to US$6.3bn by 2015 as health benefit awareness rises, according to the Associated Chambers of Commerce and Industry of India (ASSOCHAM).
Coca-Cola India has set up a division to innovate, sell and distribute juices, energy and powder drinks in order to garner a higher share of the growing non-fizzy drinks market in India.
Sichuan-based Hao Ji Group is investing 60bn Chinese yuan (US$9.45m) to boost noodle production at two main sites to a capacity of more than 700,000 tonnes of noodles with up to 12 varieties of Chinese grains.
India’s foreign direct investment (FDI) law for its retail sector was put on hold earlier this month following political opposition, but this will not impede internationals entering, according to an analyst.
Danisco will expand production of its Live Culture Inoculant (LCI) cultures in China to meet the growing demand for fresh dairy products and dietary supplements in the country.
China is not an emerging market; it is well and truly emerged and continues to change at a rapid pace that will go on disturbing the global food and beverage market for years to come, according to expert.
The Indian government is considering boosting production of protein-rich food such as meat, fish, eggs and milk in a bid to curb inflation – with the prime minister involved in discussions.
Chinese consumers are more willing to trial new grocery products online, offering huge opportunities for international brand owners looking to enter the market with new products, says new study.
Efforts to boost Hong Kong’s reputation as a premier wine hub in Asia are paying off with a quality certification programme bearing fruit, said the organisation behind the scheme.
Thanks to a rapidly rising demand for milk and milk products, India’s dairy sector is expected to be worth US$100bn by 2015, said a study released by the Associated Chambers of Commerce and Industry of India (ASSOCHAM).
Leading cocoa manufacturer Barry Callebaut and exporter, P.T. Comextra Majora have teamed up on a new processing facility to satisfy the growing demand for cocoa products in the Asia Pacific region.
Thailand's organic industry is now a 400m Thai Baht business since the National Innovation Agency (NIA) started a government initiative in 2006 to help organic farmers and food production companies raise the level of their products and to hike up...
A Rabobank report released last week claims Indonesia will lead Southeast Asian growth over the next decade, based on global demand for key commodities and stable domestic needs.
Bagrry’s India is looking to grab its bowl of the fast growing Indian breakfast cereal market on the back of new product innovations and a rapidly growing demand.
China has a snowballing interest in the seafood market and while this is driving the global industry, it is also putting pressure on it, according to industry expert.
China Tontine Wines Group, one of the largest wine producers in China, is looking to expand its current offerings with its intended acquisition of Yantai Baiyanghe Winery.
Danish business in China was celebrated at a business awards ceremony on Saturday, but the future needs to be focused on combining operations with Chinese management, according to business expert.