China Tontine Wines Group, one of the largest wine producers in China, is looking to expand its current offerings with its intended acquisition of Yantai Baiyanghe Winery.
Danish business in China was celebrated at a business awards ceremony on Saturday, but the future needs to be focused on combining operations with Chinese management, according to business expert.
The Asian food market has seen value growth but a volume slowdown and manufacturers need to be innovative to succeed in driving development of the sector amid an economic downturn, according to industry report.
GE Food and Beverage Solutions is targeting China due to considerable growth in the food and beverage sector and the growing trend towards greener manufacturing, the company said.
Changing consumer eating patterns and greater western influence has seen an upward trend in the bakery industry in Malaysia, but trade group urges education drive to enhance the sector’s growth potential.
Thailand’s chocolate confectionery segment showed it jumped 20% last year to reach THB3.360bn ($0.1bn), notes UK market analysts Mintel in a new review.
Asia is the fastest growing omega-3 market and global association, GOED, plans to cultivate a responsible market through education and quality controls, with a specific focus on China.
Six years after it abandoned them, PepsiCo has announced the relaunch of its flavoured colas in the Mumbai market, with an inclination to expand the launch to the rest of India has well.
Growing demand for infant nutrition products in the Asian region have spurred Dutch dairy group FrieslandCampina Domo to splash €130m to upgrade two of its plants with completion expected by November 2013.
The Kiwi meat industry is in the process of investigating whether it would be feasible for it to set up an online trading auction to sell export meat products as part of its Red Meat Sector Strategy.
A surging demand for chicken, meat and eggs is putting the Indian poultry sector on the path to being a US$27.2bn industry by 2015, finds a new report.
New Zealand’s dairy firms, including Fonterra, are looking to buy up farms in India’s burgeoning dairy sector, but may not find going down that road free of bumps, a new government report indicates.
The market for protein bars and ready-to-drink beverages in India is still too small to be financially significant, but it is expected to grow gradually over the next decade, claims Solae.
Coca-Cola Amatil (CCA) has opened two new blowfill lines costing AUS $35m at its Australian bottling facility in Adelaide, in a move that it said would significantly reduce its use of PET resin and energy.
The island nation of Sri Lanka could potentially be a new, inexpensive hub for food manufacturing companies wanting to tap the booming Indian food market, especially its southern parts.
A panel within India’s food safety regulator has recommended the approval of stevia as natural alternative to sugar for soft drink concentrates, chewing gums and other processed food products.
Indian awareness of lactose intolerance is growing rapidly, leading consumers to seek reduced reduced lactose and lactose-free products without compromising on taste, according to a Novozymes South Asia executive.
A new online grocery site offers a competitive advantage for large-volume brand owners, amid pressure from the growing private label trend in Australia.
India-based Generix Lifesciences Pvt. Ltd. is betting on changing lifestyle patterns and an increased awareness of health and fitness issues in India for its new nutraceuticals business.
Galactofructose specialist Solvay has inked a deal with 20-year-old Indian company, Lactose India, to take the Belgian firm’s digestive health ingredient into the Indian market for the first time.
Intra-regional finesse is a necessity not a luxury when it comes to doing business in the many markets of the Asia-Pacific, as leading suppliers Chr Hansen and Danisco relayed at the recent Vitafoods Asia trade show in Hong Kong.
PepsiCo has entered into a partnership with China’s Ministry of Agriculture in an initiative aimed at helping farmers deploy more advanced irrigation and crop techniques to increase yield.
A new Malaysian initiative will set up a new food product network that will take locally made food products to overseas markets, according to Malaysia’s Federal Land Development Authority (FELDA).
A newly developed natural food colouring made from beetroot extracts could be a solution to replacing carmine colours made from insects, according to ingredient producer Synthite.
Indian consumers are increasingly aware of environmental and sustainability practices in the food industry but are unable to afford eco-friendly goods, according to a Nielsen survey.
NutraIngredients and our brand new sister site, FoodNavigator-Asia.com, recently attended the first Vitafoods Asia trade show in Hong Kong, where we found 100s of thriving healthy foods, food supplements and ingredients companies eyeing and displaying...
Improved performance within Fonterra’s ingredients businesses worldwide has seen the firm announce a record turnover of NZ $19.9bn (€11.6bn) in 2010/11.
Food and beverage companies may be forced to seek other Asian countries to source, produce and manufacture products from as China’s low-cost advantage diminishes, a new report suggests.
The Chinese population’s growing affluence is offering opportunities for premium and healthier products, says the CEO of the China Food Company (CFC) Plc, as the company posts better than expected revenues.
A German fund is buying up acres of New Zealand farm land meant for dairying, saying that its is extremely bullish on that sector in the country, thanks to the spiking demand from developing economies.
The milk and processing industry in Australia will see industry revenue increase by an annual 2.2 per cent to reach AU$8.2bn over the next five years, a new industry report suggests.
Chinese ingredients supplier Fenchem reports that sales of eye health carotenoids lutein and zeaxanthin have doubled in a year to break the million-dollar mark for the first time – even as a marigold shortage sets in.
Spanish ingredients company Premium Ingredients is poised to launch two new pizza topping ingredients targeted at cutting casein levels to reduce end product cost.
Vidhi Dyestuffs Mfg. Ltd (VDML) is looking to nearly triple production capacity for synthetic food colours as it struggles to keep up with rapidly increasing demands, the company said.
Alfa Laval announced it has secured a SEK 100m (€11m) contract to supply equipment to an Indian baby food company as demand for processed products continues to grow.
Nestlé is investing a total of $320m in expansion projects in Indonesia and Thailand in an effort to target health conscious consumers in Asia, the company said.
Online shopping company yihaodian.com has launched a collection of virtual supermarkets for mobile users throughout Shanghai’s metro system, with researchers claiming the development could offer NPD potential for food and drink brand owners.
Alliance Tuna International Inc. has entered into a joint venture with New Zealand’s Prime Foods Ltd and has a new subsidiary in General Santos City to import and process salmon.
Archers Daniels Midland (ADM) is tapping into a growing edible oil demand in India through its acquisition of two oilseed processing facilities in India, the company said.
A top food industry consultant in Australia has sounded an alarm on the declining competitiveness of the Australian food processing sector, citing the strong Australian dollar and supermarkets as the main reasons.
Indonesian consumers are driven to spend more on food and beverages during Ramadan, bringing opportunities for manufacturers, according to a new Nielsen study.
Demand for gourmet yoghurt has seen a small yoghurt maker from New Zealand attract interest from a multi-million dollar player that would see its products on shelves in thousands of stores in Japan.
Socio-economic factors in India have resulted in an opportunity for ready-to-eat (RTE) meals in the country, prompting Mumbai, India-based Agro Tech Foods Ltd to venture into the segment.
Abbott has said it will invest US$230m to build a new nutrition manufacturing facility in China, representing the company's largest investment in China to date.
