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.
The Asian food market has seen value growth but a volume slowdown and manufacturers need to be innovative to succeed in driving development of the sector amid an economic downturn, according to industry report.
GE Food and Beverage Solutions is targeting China due to considerable growth in the food and beverage sector and the growing trend towards greener manufacturing, the company said.
Changing consumer eating patterns and greater western influence has seen an upward trend in the bakery industry in Malaysia, but trade group urges education drive to enhance the sector’s growth potential.
Thailand’s chocolate confectionery segment showed it jumped 20% last year to reach THB3.360bn ($0.1bn), notes UK market analysts Mintel in a new review.
Asia is the fastest growing omega-3 market and global association, GOED, plans to cultivate a responsible market through education and quality controls, with a specific focus on China.
Six years after it abandoned them, PepsiCo has announced the relaunch of its flavoured colas in the Mumbai market, with an inclination to expand the launch to the rest of India has well.
Growing demand for infant nutrition products in the Asian region have spurred Dutch dairy group FrieslandCampina Domo to splash €130m to upgrade two of its plants with completion expected by November 2013.
The Kiwi meat industry is in the process of investigating whether it would be feasible for it to set up an online trading auction to sell export meat products as part of its Red Meat Sector Strategy.
A surging demand for chicken, meat and eggs is putting the Indian poultry sector on the path to being a US$27.2bn industry by 2015, finds a new report.
New Zealand’s dairy firms, including Fonterra, are looking to buy up farms in India’s burgeoning dairy sector, but may not find going down that road free of bumps, a new government report indicates.
The market for protein bars and ready-to-drink beverages in India is still too small to be financially significant, but it is expected to grow gradually over the next decade, claims Solae.
Coca-Cola Amatil (CCA) has opened two new blowfill lines costing AUS $35m at its Australian bottling facility in Adelaide, in a move that it said would significantly reduce its use of PET resin and energy.
The island nation of Sri Lanka could potentially be a new, inexpensive hub for food manufacturing companies wanting to tap the booming Indian food market, especially its southern parts.
