Chinese dairies need to up R&D spend
Chinese dairies need to invest more in R&D to capitalise on future growth in added value products like milk drinks, cheese and yoghurts, advises a new report from consultants McKinsey.
News & Analysis on Food & Beverage Development & Technology
Chinese dairies need to invest more in R&D to capitalise on future growth in added value products like milk drinks, cheese and yoghurts, advises a new report from consultants McKinsey.
China's Mengniu dairy says it has been named the sole dairy supplier to Hong Kong Disneyland, as well as the American entertainment park's hotels.
Philippines-based Universal Robina will spend P5.6 billion (€87m) this year to expand its branded foods range and increase its presence in other Asian markets, URC president Lance Gokongwei told reporters last week.