News & Analysis on Food & Beverage Development & Technology
China’s Bright Food has snapped up 60% of Weetabix for £1.2bn (US$1.95bn) but industry analysts say the breakfast cereal concept will flop in China and have coined the move as a mere knowledge buyout.
Food Standards Australia and New Zealand (FSANZ) has approved a proposal recommending the sale of raw milk curd cheeses that is now awaiting review from food regulation ministers.
US drug maker Abbott Laboratories has announced plans to establish its first nutrition research and development center in India at Bengaluru.