Consumer concerns over the rising price of seafood needs to be addressed by the industry before sustainability as a purchase driver play a bigger role.
Indian tea specialty company Teabox has launched the nation’s most expensive tea yet, priced at INR200,000 (US$2,890) per kilogram, with the company likening it to ‘champagne’.
The founders of Coconut Beach credit their affordable price to familial relationships with coconut growers in Thailand, and they want their product to reach the masses.
Tetra Pak has opened its first Customer Innovation Centre in Dubai, with six more around the world to follow by 2017, the company announced last week at Gulfood Manufacturing.
Dumex – Danone’s infant nutrition business in Asia – has announced plans to reduce the price of its infant formula products in China by up to 20% in response to an investigation into its and other manufacturers’ pricing practices in the country.
