News & Analysis on Food & Beverage Development & Technology
The world’s biggest dairy company, Fonterra, believes that global foodservice growth is being driven by the emerging Asian markets, where it estimates the category will increase at around 13% per year until at least 2016.
With its eye firmly on the Korean food market, US-based sweetener major Stevia Corp. has inked a memorandum of understanding with Taekyung Nongsan, the Korean food ingredients manufacturer, to grow its business in the peninsula.
Iraq has considerable untapped growth potential across all market sectors – despite its continuing political troubles, according to research organisation Grail Research.
Cat lovers need never drink alone again thanks to Japanese pet supplement company B&H Lifes, which has developed a wine product for felines.
China’s bakery and cereal sector is expected to grow by almost US$15bn up to 2017 as this predominantly Western export continues to take hold in Chinese homes.