A panel within India’s food safety regulator has recommended the approval of stevia as natural alternative to sugar for soft drink concentrates, chewing gums and other processed food products.
Indian awareness of lactose intolerance is growing rapidly, leading consumers to seek reduced reduced lactose and lactose-free products without compromising on taste, according to a Novozymes South Asia executive.
A new online grocery site offers a competitive advantage for large-volume brand owners, amid pressure from the growing private label trend in Australia.
India-based Generix Lifesciences Pvt. Ltd. is betting on changing lifestyle patterns and an increased awareness of health and fitness issues in India for its new nutraceuticals business.
Galactofructose specialist Solvay has inked a deal with 20-year-old Indian company, Lactose India, to take the Belgian firm’s digestive health ingredient into the Indian market for the first time.
Intra-regional finesse is a necessity not a luxury when it comes to doing business in the many markets of the Asia-Pacific, as leading suppliers Chr Hansen and Danisco relayed at the recent Vitafoods Asia trade show in Hong Kong.
PepsiCo has entered into a partnership with China’s Ministry of Agriculture in an initiative aimed at helping farmers deploy more advanced irrigation and crop techniques to increase yield.
A new Malaysian initiative will set up a new food product network that will take locally made food products to overseas markets, according to Malaysia’s Federal Land Development Authority (FELDA).
A newly developed natural food colouring made from beetroot extracts could be a solution to replacing carmine colours made from insects, according to ingredient producer Synthite.
Indian consumers are increasingly aware of environmental and sustainability practices in the food industry but are unable to afford eco-friendly goods, according to a Nielsen survey.
NutraIngredients and our brand new sister site, FoodNavigator-Asia.com, recently attended the first Vitafoods Asia trade show in Hong Kong, where we found 100s of thriving healthy foods, food supplements and ingredients companies eyeing and displaying...
Improved performance within Fonterra’s ingredients businesses worldwide has seen the firm announce a record turnover of NZ $19.9bn (€11.6bn) in 2010/11.
Food and beverage companies may be forced to seek other Asian countries to source, produce and manufacture products from as China’s low-cost advantage diminishes, a new report suggests.
The Chinese population’s growing affluence is offering opportunities for premium and healthier products, says the CEO of the China Food Company (CFC) Plc, as the company posts better than expected revenues.
A German fund is buying up acres of New Zealand farm land meant for dairying, saying that its is extremely bullish on that sector in the country, thanks to the spiking demand from developing economies.
The milk and processing industry in Australia will see industry revenue increase by an annual 2.2 per cent to reach AU$8.2bn over the next five years, a new industry report suggests.
Chinese ingredients supplier Fenchem reports that sales of eye health carotenoids lutein and zeaxanthin have doubled in a year to break the million-dollar mark for the first time – even as a marigold shortage sets in.
Spanish ingredients company Premium Ingredients is poised to launch two new pizza topping ingredients targeted at cutting casein levels to reduce end product cost.
Vidhi Dyestuffs Mfg. Ltd (VDML) is looking to nearly triple production capacity for synthetic food colours as it struggles to keep up with rapidly increasing demands, the company said.
Alfa Laval announced it has secured a SEK 100m (€11m) contract to supply equipment to an Indian baby food company as demand for processed products continues to grow.
Nestlé is investing a total of $320m in expansion projects in Indonesia and Thailand in an effort to target health conscious consumers in Asia, the company said.
Online shopping company yihaodian.com has launched a collection of virtual supermarkets for mobile users throughout Shanghai’s metro system, with researchers claiming the development could offer NPD potential for food and drink brand owners.
Alliance Tuna International Inc. has entered into a joint venture with New Zealand’s Prime Foods Ltd and has a new subsidiary in General Santos City to import and process salmon.
Archers Daniels Midland (ADM) is tapping into a growing edible oil demand in India through its acquisition of two oilseed processing facilities in India, the company said.
A top food industry consultant in Australia has sounded an alarm on the declining competitiveness of the Australian food processing sector, citing the strong Australian dollar and supermarkets as the main reasons.
Indonesian consumers are driven to spend more on food and beverages during Ramadan, bringing opportunities for manufacturers, according to a new Nielsen study.
Demand for gourmet yoghurt has seen a small yoghurt maker from New Zealand attract interest from a multi-million dollar player that would see its products on shelves in thousands of stores in Japan.
Socio-economic factors in India have resulted in an opportunity for ready-to-eat (RTE) meals in the country, prompting Mumbai, India-based Agro Tech Foods Ltd to venture into the segment.
Abbott has said it will invest US$230m to build a new nutrition manufacturing facility in China, representing the company's largest investment in China to date.
India's biggest consumer products company and the biggest retailer have joined to co-develop and co-brand a line of bakery products, in what could be a sign of changing retail patterns for food products in India.
The Philippines wants to be self-sufficient in rice and corn by 2013 and the 5.5% agricultural growth in the first half of 2011 could mark a positive start, according to the country’s agricultural secretary.
Australia-based Retail Food Group (RFG) will acquire the assets of New Zealand-based Evolution Coffee Roasters Group (ECRG) in a deal the latter expects will bolster its existing portfolio of products in the region.
Japan’s Asahi Group Holdings today announced an agreement to acquire 100% of Independent Liquor from Pacific Equity Partners and Unitas Capital in a 97.6bn Yen ($1.28bn) deal.
Asia Pacific markets are ripe for functional foods development as a response to the increasing prevalence of western diets, says Katrina Diamonon, consumer analyst at market researcher, Datamonitor.
A new Nielsen study on shopper trends shows an increase in promotion-seeking as a result of inflationary concerns, providing opportunities for manufacturers to gain strong shopper and brand loyalty.
Bright Food’s acquisition of Manassen could be reassuring for consumers, according to an industry analyst, amid rumours that it is hoping to buy a 75% stake worth A$400m.
Australian food manufacturer Goodman Fielder Ltd is set to open a new dedicated gluten free bakery in Huntly, New Zealand next month in order to cater to the rising demand for such products there.
The rising economic prowess of India is expected to spur a huge change in how people consume milk in India, benefitting organised dairy companies present in the country.
US chocolate giant Hershey reported net income of $130.12m for the second quarter, with net income for the period up o $129.56m from $117.05m in the same quarter in 2010.
The Indian press is reporting that Danone is in “advanced talks” to buy the nutrition division of billion-dollar Indian pharma-focused firm, Wockhardt’s, for a price as high as €180m.
Local industry and government must cooperate to develop policies and regulations to ensure safe and sustainable nutraceutical products, Simon Pettman, executive director of the International Alliance of Dietary Supplement Associations (IADSA) has said.
Standard Chartered Private Equity (SCPE) has invested about US$56m in India-based bottler Varun Beverages Ltd, as a new market report hints at untapped potential in India's soft drinks market.
Volumes were boosted by continuing growth in emerging markets for SABMiller, who remained tight-lipped on its Fosters bid in its first quarter results.
The first organic dairy factory has opened in Lebanon, Romania’s market is growing at 20%+ and in India, forecasts are for quadruple growth by 2015 as developing economies embrace organic production of foodstuffs.
The food processing industry in India will be forced to adopt new technologies and improve their productivity if the foreign direct investment into multi-brand retail is allowed.
China and India are expected to lead a 30 per cent increase in global liquid dairy consumption over the current decade, according to new research from Tetra Pak.
