News & Analysis on Food & Beverage Development & Technology
An international consortium backed by a Gulf sovereign wealth fund has agreed to buy Turkey’s biggest poultry producer in a half-billion-dollar deal fuelled by a desire to expand into halal markets.
Cadbury owner Mondelēz International has agreed to pay $13m to settle action brought by US authorities accusing it of breaching foreign trade rules when upgrading a factory in India.
Australia
Software initially developed to safeguard the Canadian poultry industry is now being trialled by Australian wineries to help keep pests and diseases out of premium vineyards.
UAE officials have been applauding themselves for the great strides the country has made by improving its food-safety index rating by a quarter in just three years.
Mondelēz has introduced Cadbury Dairy Milk Silk Oreo to the Indian market after enjoying success with choco-bakery brands in other markets.
There have been changes at Australian formula makers Bellamy’s as CEO Laura McBain has stepped down and been immediately replaced with former COO Andrew Cohen taking over in a temporary capacity.
The US Grains Council (USGC) is ramping up international sales expansion efforts for US generated dried distiller’s grains with solubles (DDGS) after a slowdown in Chinese sales due to a trade dispute.
Thousands of the poorest residents of the war-torn region around Mosul, along with hundreds of thousands of other struggling Iraqis, are being given the chance to earn for themselves again thanks to a new project that is restoring irrigation to 250,000...
The European Union has committed €12m (US$12.7m) in support of efforts to tackle rising hunger among the 14m food-insecure residents of strife-torn Yemen.
India
The government has made maintaining stable prices of all essential food items a priority this year in a bid to manage food inflation and temper unrest.
Singapore food and drink holding company Commonwealth Capital has opened a new $70m production and logistics base in the City State.
Wild banana (M. acuminata), which has long been used in traditional medicine in South East Asia, is worthy of further investigation to assess its functional food and nutraceutical development on a larger scale, a new academic review suggests.
Despite Asia Pacific being a region with high incidence of cardiovascular diseases (CVDs), sales of cardiovascular health positioned foods and beverages are not high, writes Maria Mascaraque from Euromonitor International.