Morinaga Milk's financial results for the last year saw a slight dip overall, with net sales falling 0.1% (¥530m) year-on-year to ¥592,087m, but the firm is targeting sales success with its higher-value functional products.
A one-stop dairy hub that will offer a range of research and development, processing, warehouse and tech services could help Singapore firms slash costs and increase export opportunities.
New blockchain technology – HalalChain – has been launched to enable consumers to trace and track halal products, in an attempt to overcome difficulties posed by scores of accreditation schemes and regulatory uncertainty.
Turkey has become Nestlé’s fastest growing market in the Middle East, Europe and North America, with the firm set to plough in TRY 100m (US$22m) to expand capacity and build new plants.
Hershey is rumored to be selling Golden Monkey to China’s state-owned food processing company COFCO as early as next month, but it has declined to comment on the speculation.
Indonesia and the UAE will drive growth in the global US$55bn halal packaged food and drinks market over the next five years, with China also performing strongly despite its minority Muslim population.
More personalised formats, a growing number of unmanned outlets, and soaring online sales are set to be key features of Asia’s food retail landscape, according to a regional expert.
Kuwait-based livestock transport and trading company Al Mawashi has taken immediate action for the future of its livestock trade by beginning to build its own flock and increase capacity following alleged threats by Australia to end sheep trade.
A new Hong Kong vegan brand, Right Treat, has introduced its first product in Hong Kong — a plant-based pork alternative called Omnipork or “new pork” in Cantonese.
Japan’s largest convenience store chain, 7-Eleven, has launched a 24-hour delivery service, Net Konbini, to compete with e-commerce players such as Rakuten and Amazon.
TL Tradewinds Co. Ltd. has rapidly expanded the market for lotus seed snacks in Asia and now the Thai social enterprise is working on plans to open up the category in Europe.
Canada is aiming to boost its position in the global meat market by initiating discussions with China in order to strengthen trading relationships and to pursue other opportunities across the agricultural sector.
Nestlé Breakfast Cereals from Cereal Partners Worldwide (a joint venture between Nestlé S.A and General Mills) will be sold in India this year, Nestlé India said.
Walmart Inc recently announced it has signed “definitive agreements” to purchase a controlling stake in Flipkart, but was it due to the threat of Amazon dominating the market or the opportunities that India’s largest online retailer brings that sealed...
Irish company Kerry has launched ‘Great Culinary Taste,’ which it says is a “simple approach to help bridge the gap between the great authentic taste that consumers are looking for and what our customers can produce at scale.”
Ghana Cocoa Board (Cocobod) has secured $35m from the China Eximbank to build a cocoa processing plant, and now is seeking an additional $1.5bn to further aid its cocoa production.
Ten agri tech and food tech start-ups from Australia, India, Israel, Japan, Korea and Taiwan are vying for US$100,000 in the second Future Food Asia award.
China’s leading grocery retailers are forecast to grow at nearly double the rate of the country’s total grocery retail market by 2022, with experts highlighting five factors that will accelerate their advance.
Manufacturer Matakana Superfoods is looking to establish a retail presence outside of Australia, Chile and its native New Zealand, after enjoying considerable success in the organic food segment through online sales.
A burgeoning food industry in South East Asia, excellent growth opportunities and the need to better cater to customer demands have prompted flavours firm Silesia to open a new plant in Singapore.
Daigou shoppers are believed to have accounted for $800m of 'unofficial' supplement exports from Australia to China in the past year, dwarfing the $320m figure for official exports.
Beef and Lamb New Zealand (B+L NZ) has relaunched its origin brand, designed to enhance the position of New Zealand’s red meat sector on a global scale.
New Zealand food producer Smartfoods has signed a lucrative deal with Alibaba’s Tmall on the back of previous success with smaller e-commerce platforms.
Japan is proving to be a fertile export market for a Scottish craft beer wholesaler, which is seeing significant growth in Asia as consumers demand look for more premium brews.
Tyson Ventures - the venture arm of meat packer Tyson Foods - has co-led a $2.2m funding round in Israeli cultured meat (aka 'clean' meat) start-up Future Meat Technologies, four months after investing in US-based cultured meat firm Memphis...
A unique mother-son duo’s plant-based dairy start-up in Bangalore, India, has been growing business rapidly, with new products to be launched within the next three months.
UAE-based frozen meat halal manufacturer Al Islami Foods has sold a minority stake to Mitsubishi Corporation to drive further growth in the global halal market.
Ingredients company Azelis has sealed a new distribution partnership for Indonesia - the latest in a number of ventures that have seen the firm rapidly expand its footprint in Asia Pacific.
Wattle Health Australia recently signed a distribution agreement with International Supplies and Distribution Company (ISDC), a Chinese firm specialising in premium food products.
Major food and drink firms are increasingly incorporating influencer marketing into their advertising mix, but the best results are only achieved when brands move beyond seeing it as a simple cash for content or comments transaction.
Philippine poultry giant Bounty Fresh Food has mounted a NZ$437.8m (US$308.5m) bid for New Zealand’s struggling Tegel Group Holdings as it seeks to expand into international markets.
