As Vitafoods Asia closes its doors on a successful three-day debut edition in Hong Kong today, event director Chris Lee shares impressions of the show with Shane Starling, and ponders refinements to the event in 2012.
Nestlé has paid out bought €1.2bn for a majority stake in leading Chinese confectionery maker Hsu Fu Chi, with the Swiss group flagging up access to extensive production capabilities and a major distribution network as its wins.
A rising demand for flour stabilization and fortification has prompted Germany-based flour treatment solutions provider Mühlenchemie GmbH & Co. KG to open its own production plant and research centre in China.
DSM has signed a joint venture agreement with a Chinese biotechnology company that will give the Dutch ingredients supplier its first enzyme manufacturing plant in China.
CSM has opened a new facility for dry bakery mixes and mixes in China, which will allow it to step up capacity to meet demand from Asia and better serve local tastes.
Nestle is planning to buy a 60 per cent share in China’s Yinlu Foods Group for an undisclosed sum, in a move that will help household brand Yinlu gain more traction in the Central and Western regions of the country.
Aker BioMarine has signed its first agreement to supply a Chinese supplement maker with its branded krill oil, in a deal that paves the way for a new category in the country.
China-Biotics has filed five new patents for its probiotics as it plans to enter new condition areas like feminine hygiene and infant diarrhea, and microencapsulated probiotics for harsh manufacturing conditions.
GLG Life Tech has posted higher third quarter profits, driven by increased stevia sales in China, growing demand for natural products in North America and global health concerns, the company has said.
The Chinese milk industry is still struggling to recover from the effect of the melamine crisis that rocked the industry in September 2008, says the latest report from USDA’s Global Agricultural Information Network (GAIN).
China’s reputation as an ingredient supplier has suffered from a spate of food safety problems – but the food industry should not paint all China-based companies with the same broad brush, says stevia supplier GLG Life Tech.
Stevia supplier GLG Life Tech has signed an exclusive supply agreement with Fengyang Xiaogangcun Yongkang Foods High Tech Co. Ltd. (FXY) for distribution of its stevia products in China.
Revelations that Chinese authorities waited five months before informing the public that 42 tons of carcinogen-contaminated food oil had been released onto the market are likely to inflict further damage on the country’s already tarnished food safety...
Danone has agreed to sell its stake in China Huiyuan Juice Group for significantly less than what Coca-Cola offered before its acquisition bid was blocked last year by Chinese competition authorities.
Products such as confectionery, biscuits and juice products are experiencing double-digit growth in China with this consumer demand fuelling an increase in the country’s sugar imports, according to a USDA report.
Emerging markets continue to attract both food processors and equipment suppliers, with AMF Bakery Systems, a leading supplier of bakery equipment in North America, recently expanding its footprint in the Asia Pacific region.
The different language, culture and regulatory set-up may make running an ingredients company in China a daunting proposition for Western executives. But Yossi Gohary, general manager of Solbar Ningbo, says it’s all about cultural compromise.
Companies are spying opportunities to market soy based products as a replacement to dairy following the melamine milk crisis that hit China and echoed across the globe.
China is one of five nations worldwide set to drive massive growth
of in the carbonated drinks market by 2011, according to a new
report by consumer analyst Euromonitor.
China, South America and Europe combined to offset disappointing
performances in North America and South Africa during brewer
SABMiller's third quarter.
Asian Citrus, China's largest orange plantation owner, is readying
to launch high-value, freshly squeezed orange juice for wealthier
Chinese consumers happy to spend more on convenient food products.
China will remove the import duty on Indonesian cocoa from 1
January next year, a move likely to increase demand for the beans
from the world's third biggest producer.
If the Chinese government gives in to mounting international
pressure to revalue its currency, it could spell the end of cheap
exports, a move that many anticipate would have a knock-on effect
on raw materials costs for the food industry....
Almost 300 people were hospitalized in Shanghai last week, after
suspected food poisoning by pork containing a banned animal feed
additive, the state media Xinhua reported on Friday.
The Swedish supplier of food testing equipment, Biacore
International, is taking over from its sales agent in China and
launching a full business operation in the market.
US soft drinks giant Pepsi opened its first research and
development centre outside the US in Shanghai yesterday, signaling
its commitment to the fast-growing Chinese market.
Uni-President, Taiwan's biggest food group, is looking for private
equity to allow it to expand further in the Chinese beverage
sector, according to a report.
PepsiCo has announced it will invest another $850m in China over
the next three years in recognition of the country as a rapidly
emerging market for soft drinks and snack foods.
French dairy giant Danone has received approval from the Chinese
authorities to more than double its existing stake in China's
biggest dairy company, Tom Armitage reports.
The world's biggest food retail groups are continuing to strengthen
their positions in the massive Chinese market, buoyed by a recent
relaxation of the regulations requiring them to use local partners.
Carrefour and Wal-Mart...
Wal-Mart has reversed its decision not to allow trade unions for
its store workers in China. Bowing to pressure from government
authorities, the move comes as a strong sign that international
food and beverage businesses must heed...
As retail regulations in China are set to undergo big changes, many
leading multinational retailers are queuing up in readiness to
capitalize on more liberal trading conditions. Simon Pitman
takes a closer look at the changes to find...
With coffee sales in China growing by 90 per cent in the five years
up to 2003, international companies are queuing up to carve up
their slice of a market. Although tea is still the mainstay, the
rapid switch to all things western...
In Asia rising meat consumption is being fed by an increasing
number of highly refined and processed product launches. A look at
the Mintel's databases reveals that pâte, meat balls, cheese-filled
hotdogs are all on the menu.
Mirroring China's record economic growth, mergers and acquisitions
activity has boomed to record levels this year. According to
PricewaterhouseCoopers M&A activitity in both Hong Kong and
China grew 168 per cent in the first...
Farming in China needs serious investment if domestic food
production is to keep up with rising food consumption. But with a
growing emphasis on food quality and safety, future investment in
the sector looks seems an inevitable route...
