Stevia supplier GLG Life Tech has said its business is likely to increase by 50 to 60 percent in 2011 compared to a year earlier, mainly due to increased demand in China.
Pittsburgh-based supplement retailer GNC is reported to favor an initial public offering (IPO) after reports claim that interest cooled from Chinese dairy giant Bright Food Group Co to acquire the company.
GLG Life Tech’s joint venture in China has been given the go-ahead by Chinese authorities to provide its stevia-derived sweeteners for use in foods and beverages, the company has said.
New Zealand opposition party members are calling on the government to fortify the country’s flour supply and bread output with folic acid, following reports of the success of a similar program across the Tasman Sea in Australia.
Increasing demand for western style pastries in Thailand is behind ingredients supplier Unifine’s goal to expand its presence in that market this year.
Cereal Partners Worldwide (CPW), an alliance of Nestlé and General Mills, said that a large percentage of its cereal brands sold in Australia including Cheerios have been endorsed by the Heart Foundation there through its Tick programme.
Indian authorities have urged greater investment in the functional foods sector to join the battle against malnutrition and obesity, and promote wellness among the country’s 1.1bn population.
The first 100 per cent single source chocolate from Vietnam is being launched by Belgian B2B producer, Grand-Place, who in a bid to increase output is investing heavily in improving the quality of the cocoa beans from the region.
The mainstreaming of functional foods has created an increasingly sophisticated nutritional landscape that is leading into food choices being driven by genetic expression, according to new market research.
International Flavors and Fragrances (IFF) has said it plans to invest $100m in two new flavor facilities in Asia over the next three years, responding to increasing demand from Asian food manufacturers.
Soy ingredients company Solae opened a food application centre in Shanghai yesterday, promising to cut product development times for Asia-Pacific customers.
Vitamin charity Vitamin Angels and DSM’s Sight and Life are addressing vitamin A deficiency in Indian children by establishing a sustainable supply and distribution system promoting “local ownership” of the deficiency problem.
Demand for convenience and ready-to-eat food in India will explode over the next five years as a major shift in food-purchasing habits by the growing numbers of middle-class city dwellers takes hold, according to new research.
Fusion Nutraceuticals has developed a new process for developing granulated zero-calorie sweeteners that better imitate the taste and functionality of sugar with nearly ten times fewer calories, the company has said.
Ingredients supplier Beneo is to present its naturally-derived low glycaemic functional carbohydrate isomaltulose at a health conference in Mumbai, India later this week.
Chinese consumers are becoming increasingly receptive to international soft drink brands but success does depend on an appreciation of local flavour preferences, according to Datamonitor.
Cargill is to acquire Indonesian starch and sweetener company PT Sorini Agro Asia Corporindo, deal designed to help it better serve its customers in the Asia Pacific region.
Stevia supplier GLG Life Tech has entered into a joint venture with China Agriculture and Healthy Foods Company Limited (CAHFC) for the sale and distribution of stevia-sweetened foods and drinks, GLG has said.
Beijing Gingko Group (BGG) has signed an agreement that will see the European branch of Premium Ingredients International (PII) become the exclusive distributor of BGG’s liquorice extracts.
France and India have hailed the “strategic importance” of the Asian country’s food processing and agricultural sectors as they unveiled plans to achieve bilateral trade reaching €12bn by 2012.
Rabobank has changed its view on the likely role of China and India in global dairy markets. It has abandoned the view that the countries will reach self-sufficiency soon and now predicts that they will call on the world market more frequently in the...
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).
Recovery in the chocolate market is underway in the US, Brazil and China but Western Europe has been slow to rebound and Eastern Europe still shows negative growth rates, said Barry Callebaut as it released robust full year results for 2010.
The United States has not appealed a final World Trade Organization (WTO) ruling issued this week that a US ban on Chinese poultry imports was illegal, officially ending the trade dispute.
The American citric acid industry has asked the US Department of Commerce to investigate possible circumvention of antidumping and countervailing duties in place for citric acid imported from China.
Sensient Technologies has opened a new plant in Guangzhou, China, including offices and laboratories for the production of flavors, colors, fragrances, and pharmaceutical coatings, the company has said.
Arla Foods Ingredients has developed a whey protein isolate to replace egg whites in nougat for a Chinese customer facing problems with inconsistent egg quality.
A scheme based on a computer-aided process simulation tool can optimise the cocoa manufacturing process in Malaysia and double output, claims new research.
The Indian confectionery market witnessed the launch of over 200 products in various categories last year, thus ranked, according to Datamonitor, in the top 20 in terms of global new product launches in 2009.
Japan’s Consumer Affairs Agency has said it intends to ask food makers to voluntarily label the trans fat content of their products, according to Kyodo News International.
Stevia supplier GLG Life Tech has finalized a joint venture with Global Agrisystem Private Limited (Global Agri), a Katra Group company, to commercialize its stevia extracts in India and the Middle East, the company has said.
A World Trade Organization (WTO) panel has ruled that a US ban on Chinese poultry is illegal – the first such reprimand for legislation brought in under the Obama Administration.
DSM is launching a new line of natural flavours led by authentic taste needs in the Asia Pacific region, which can help flavour firms construct flavours with complex notes that appeal to different market preferences.
The chocolate category still accounts for over half of new confectionery product launches in Japan, but the functional segment is beginning to steal some of the limelight, according to a new report from market researchers Datamonitor
Although the food and drink flavouring market in Southeast Asia is “growing enormously”, consumer tastes are still cost-driven and traditional, according to top flavour producer IFF.
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.
The significant and rapid growth in demand for food safety and quality checks in India has been the driver behind the opening of a new state-of-the-art testing laboratory in the country, said Eurofins Scientific.
The Korean functional food market hinges on obtaining the nation’s precious ingredient claim approval, but breaking that barrier opens the floodgates to huge market potential, according to an industry expert.
A cranberry ingredient from US firm Proprietary Nutritionals Inc (PNI) can be supported by a health claim in the Korean market, after the nation’s regulator approved a claim linking it to urinary tract health.
Experts from a US food safety watchdog are training scientists from Bangladesh on techniques to help eliminate health hazards from the country’s burgeoning aquaculture industry.
