Australia’s ‘better’ carob given boost by demand for healthy chocolate
Global demand for healthy, natural foods is helping to drive a resurgence in carob production in Australia, which currently supplies just 1% of the world’s market.
Archives for October 3, 2016
China
Market update: Fishmeal prices fall as season end nears
Chinese fishmeal prices have fallen by 9% in the last month due to a decline in domestic demand as the summer season for aquaculture approaches an end.
Thai Union pays $46m for final stake in Tri-Union Frozen Products
Thailand’s seafood producer Thai Union has bought out the remaining 18% stake in its US subsidiary Tri-Union Frozen Products (TUFP) for a fee of over $46m.
China’s restaurant chains show good revenues in growing market
China’s organised food-service industry has been growing at a rate of over 11% over the last two years and was worth more than RMB3.2bn (US$480m) in 2015.
Fast growth for Chinese functional drinks, but still a long way to go
Functional drinks sales in China have seen growth far in excess of the wider soft drinks industry over the last five years.
Fonterra drops sugar in children’s yogurt by 40%
Fonterra’s Anchor Uno has reformulated its children’s yogurts, with 40% less sugar than the original product.