News & Analysis on Food & Beverage Development & Technology
Cheaper production costs and higher quality products have led foreign companies to dominate most Chinese dairy markets, but high margins and booming demand have put local firms in pole position in the yoghurt market.
China direct
China-owned pork giant Smithfield Foods will sell its products on China’s second-biggest e-commerce portal in a three-way deal with Henan Shuanghui Investment and Development.
Campbell Soup’s global biscuits and snacks division has brought Tim Tam single-serve packs to the US and has set about educating consumers on the Tim Tam Slam.
After many rumors over the potential sale of Australia’s Murray Goulburn Co-Operative Co. Limited, Canadian dairy company Saputo Inc. has emerged as the company that will take over the cooperative.
Five animal feed and genetic firms have joined the US government on an agribusiness mission to India to grow exports and tackle trade issues.
Membership services, snack-style products and interactive packaging will help drive Asia-Pacific's supplement sales to US$56bn by 2022 — an almost $10bn increase from 2016’s figure.