Private equity firm Lazard Australia is in talks with potential strategic partners in Asia to sell a portion of its stake in Australian biscuit maker Unibic Pty Ltd, Unibic’s managing director Michael Quinn told Reuters last week.
Puratos is launching its bakery enhancers in the Middle East and in Asia in response to growing demand for “western type” cakes with a long shelf life, said the firm.
At Vitafoods Europe 2011, Jess Halliday caught up with event director Chris Lee to talk about the show’s ambitious expansion plans into Asia and South America.
Australian biotech firm Marinova has reported “exceptional” demand in the US and Asia for its fucoidans, bioactives from brown seaweed researchers believe could help to explain the health and longevity of the Japanese.
Eight of the top 12 soy drink consuming countries are Asian with Hong Kong residents consuming the most at 17 litres per year each, according to TetraPak data.
Immature rice grains may contain ‘a remarkable amount of bioactive compounds’, giving them great potential for applications in nutraceutical foods, according to new research.
Pakistan’s Sindh state is set to make the iodisation of salt compulsory in a bid to eliminate iodine deficiency disorders in the state, where over 50 per cent of the population is at risk.
Spice maker McCormick reported a 13 percent rise in its first quarter earnings, boosted by cost savings and strong domestic and Asian sales, the company said on Tuesday.
The United Nations is promoting the use of zinc supplements in Nepal to battle acute infant diarrhoea that kills 15,000 under-5s per year in the Himalayan state.
The market for the sweetener sucralose is poised for growth, with global production expected to top 15,000 tonnes by 2018, according to the world’s second largest sucralose producer.
The Asia Pacific high intensity sweetener market is bouncing back from the blow dealt by the financial crisis – but while new growth is on the cards, natural sweeteners like stevia are expected to challenge old favourites in the next five years, according...
Danish food ingredient supplier Palsgaard is building a new US $30m emulsifier factory in Asia, with production scheduled to start in the second half of 2012.
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.
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.
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...
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.
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.
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.
Westernised eating habits and the desire for convenient foods to fit into busy working lives are driving demand for food and beverage enzymes in South Asia, according to the president of Novozymes Asia.
Second quarter income for US chocolate maker, Hershey, fell 35 per cent due to factors such as charges related to its supply chain efficiency programme and the joint venture in India but Asia remains a focal area, said the company.
China, India and the US must make firm commitments to sourcing sustainable palm oil if any meaningful progress is to be made on tackling deforestation, according to one UK government minister.
Chocolate that suppresses appetite and delivers oral health benefits has been highlighted in a new survey of confectionery product launches in the Asia-Pacific region conducted by Datamonitor’s Product Launch Analytics.
Vitafoods event director Chris Lee explains the massive opportunity that awaits Vitafoods Asia exhibitors in Hong Kong in 2011, and hints at further new locations in the future.
The organisers of the Vitafoods trade show, which opened its doors in Geneva this morning, have announced that the first ever Vitafoods Asia show, to take place in Hong Kong in September 2010.
As levels of obesity continue to rise on a global scale, Nutraingredients looks at the market for weight management dietary supplements, food and beverage products.
Australia's almond production is expected to rise by 25 per cent in 2010 - up from 36,500 tonnes this year to 46,100 tonnes, announced the Almond Board of Australia (ABA) during its annual trade visit to India.
A new partnership with chemical group Solvay will enable the distribution of a low dosage prebiotic food ingredient with multiple food and drink applications within Europe, the Middle East and Africa, claims Tate & Lyle.
A $1bn food processing investment is being planned for Thailand by the Chinese venture management firm China Science and Merchants Investment Management Company.
The importance of the Codex Alimentaria in developing regulatory harmony in a region like Asia where rules differ so greatly, has been emphasised at a recent event hosted by the Asian arm of Belgian consultancy, EAS.
While analyst suggests Asian food and drink companies are behind their Western counterparts in driving product innovation, manufacturers in the region may still be able to lead in way in meeting western demand for certain functional goods.
Swiss firm Nestle ranks second in terms of innovation targeted at Asia's emerging markets, claims a fresh 'business vitality' index from the Global Intelligence Alliance Group (GIA).
Food and beverage companies should look to Asia to bolster their business in times of economic crisis, while differentiating their products closer to home, according to a Frost and Sullivan analyst.
A supply and demand imbalance within the global milk ingredient market is expected to stabilise in the next few years on the back of strengthening demand in Asia, suggests a new report.
Barry Callebaut has sold its Van Houten Singapore consumer chocolate business to Hershey so it can concentrate on its manufacturer and gourmet customers targeting the Asian market.
DSM says the buoyancy of the European heart health ingredients market is being matched by some Asian countries where western-style diets and lifestyles are taking hold and bringing concomitant health problems.
Symrise today inaugurated a new pilot plant for flavour encapsulation at its Singapore facility, which the company says is one more step in its expansion in the region.
New Zealand-based dairy group Fonterra says that a branded milk powder marketed in Bangladesh has been cleared for sale in the country after impendent testing found the product free from the industrial chemical melamine.
Hong Kong officials say they have found dangerous levels of melamine in a brand of eggs imported from China prompting fears that the chemical has found its way into animal feed.
New Zealand dairy group Fonterra is facing criticism over lethal contaminated milk powder supplied through its Chinese joint venture, but says action was delayed as it had to go through the correct procedures in China.
New Zealand dairy and dairy ingredients giant, Fonterra, has launched its high-calcium dairy drink, Anlene Concentrate in Malaysia, after an encouraging year on the market in Thailand.
