News & Analysis on Food & Beverage Development & Technology
Affluent and health-conscious Egyptians will be behind significant growth in the country’s better-for-you food sector, but multinationals may suffer from the weak Egyptian pound, says Euromonitor.
A project in South Australia’s Coonawarra region has brought remote sensors and aerial imagery to maximise irrigation efficiencies in one of Australia’s most famous wine growing areas.
Having the right team to execute on an idea is the key to attracting investment capital, experts say. But finding the right idea, that’s a bit more of a stretch and can provide a bigger payoff.
Food producers and regional governments will have to work together to tackle the Middle East’s health crisis - but brands must avoid a number of pitfalls, say two leading marketing consultants.
By cancelling the corn temporary purchase and storage policy after eight years, Chinese authorities may have precipitated a seismic shift in the country’s corn and its deep-processing industries through this crucial supply-side reform.
The Korean government is stepping up its food industry promotion in the Middle East with a new regional office and new initiatives, with the aim of growing food exports by 10% year-on-year.
Saudi food producer Savola has slashed its dividend after announcing an 80% fall in first-quarter profits year-on-year, with food revenues falling 8.6%, brought down by its edible oil operations.
C&C Group has signed a new partnership with Mahou India to brew and distribute selected Tennent’s beer lines in India.
Saudi Arabia has announced further restrictions on energy drinks, with fines to be levied against outlets serving the beverages, but the impact will be minimal, according to Euromonitor.