More than 160 senior industry figures from Asia-Pacific and beyond gathered at the Grand Hyatt in Singapore recently for the inaugural Food Vision Asia.
A wine region over 15,000 kilometres from Tuscany is emerging as a primo producer of Italian varieties and styles, and has even matching the Italians at their own game.
Savola Group, Saudi Arabia’s biggest food producer, reported a 80.3% fall in first-quarter net profits, missing analysts’ forecasts and after an exceptional gain made a year ago.
Global colours major GNT Group has opened an affiliate office in Dubai to service GCC countries which, the company says, are “becoming aware of the need for real colour solutions”.
Urban Cultivator has appointed Italian Food Masters as its sole distributor to supply its hydroponic gardening appliances to consumers and food service operators in the United Emirates.
Fajr Capital, a private equity investor in high-growth markets across the Middle East and Asia, has completed its acquisition of Cravia Group, one of the fastest-growing food and beverage platforms in the Middle East.
Global nutrition company Usana Health Sciences has received approval for its China subsidiary to expand its direct selling operation to eight more provinces and municipalities within the country.
Snack food manufacturer Haldiram’s is getting closer to agreeing a possible US$200m investment deal after recently holding talks with top-tier private equity funds, according to media reports.
Australian dairy is one of four agricultural industries that will benefit from a government-funded Rural Research and Development for Profit project to improve the efficient use of nitrogen.
Delfi Limited, formerly Petra Foods, and Orion Confectionery have formed a joint venture in Indonesia that will command 50% of the country’s retail chocolate market, the firms estimate.
Russian agricultural holding Miratorg is hoping to start supplying meat to McDonald’s outlets in China, according to CEO Viktor Linnik, who added that this could be an important part of the company’s global expansion strategy.
Nestlé has once again been named Australia’s top food and beverage employer out of a pool of 150 private and public companies selected from the country’s biggest satisfaction survey.
Australian rice exporter SunRice has been forced to hold off on a planned ASX floatation until one of its joint-venture partners has carried out a review.
Avani Davda will take over as managing director of Godrej Nature’s Basket, the speciality food chain chain, while her predecessor, Mohit Khattar, will take on a new group-level role at Godrej Group.
Kerala-based extracts manufacturer Arjuna Natural will launch a new standardised nitrate sports nutrition ingredient this month that claims to help athletes work out harder for longer.
KFC has been on an innovation offensive in greater China over the last couple of weeks. After news emerged that its concept store in Shanghai was staffed by voice-activated robots, the company’s Hong Kong operation has since announced the trial launch...
Natural health major Blackmores has signalled its intention to market traditional Chinese medicines to China and beyond, possibly even in the coming year, after it agreed to buy Global Therapeutics, a Byron Bay-based leader in the Australian market.
Australian dairy ingredient processor Burra Foods has announced a change in shareholding in the company as part of its plans to improve market access and raise capital to expand its processing facility in Korumburra, Victoria.
Vitec Nutrition, Lallemand Animal Nutrition’s New Zealand entity, is to merge with local player, Nutritech International, to become the dominant supplier of animal nutrition technologies in that market.
Establishing cellar doors in China to provide a winery experience directly to consumers is proving a successful formula for a South Australian wine company.
The feed market is said to be a significant growth driver for Hamburg based functional ingredient producer, Stern Wywiol Gruppe, which had 12% growth overall in 2015.
Investments in Iran should start to prove easier in the future, according to SIG Combibloc as it partners with Zarin Jam Marina to launch 21 varieties of its SunStar beverage in combidome cartons, across the Middle East/Africa (MEA) region.
One of China’s most ambitious cattle breeders and genetics companies, Xinjiang Tianshan Animal Husbandry Bio-engineering Co, has blamed a fall in beef and mutton prices for what it predicts is a $2m loss in the first quarter of 2016.
While Asia might be an appealing target for local and international food, beverage and supplement companies to release new products, only two in 10 launches this year will still be on shelves 12 months later.
Candia, a French milk producer, has joined Zhejiang International Business in a joint-venture which it hopes will deliver EUR145m (US$161m) in sales of branded UHT milk and baby milk in China by 2020.
A new government grant worth AUS$4.8 million to help develop advanced measurement technology in the meat industry has been welcomed by Meat & Livestock Australia (MLA).
In a bold move, CJ CheilJedang, Korea’s biggest food company, has acquired China’s Ningbo Zhenhai Haide Bichem in a US$30.9m deal that will pave the way for Seoul-based CJ to expand in the growing global functional amino acids market.
German social media campaigners have called for pork to be placed in the halal section of supermarkets to challenge the “cruel” way animals are slaughtered, but critics argue this is an Islamophobic attack.
E-commerce startup Chocozonia has upped its distribution to include Cadbury, Nestlé and Mars products as well as homemade Indian chocolates after spotting an unmet need for an online confectionery channel in India.
Are you looking to explore the Asian market for new business opportunities? Food Vision Asia is looking for individuals who are interested in forming a delegation to represent Europe’s trade interests, and form new commercial relationships within Asia’s...
Denmark’s Vilomix has signed a deal with a Vietnamese integrated feed and food producer, Hung Vuong, to build a new premix and vitamin factory in Lang An province in Vietnam.
Chinese consumers are able to buy a fuller range of Mondelēz products, including Oreo Colorfilled, an online platform where people can customize their own Oreo packaging, thanks to the Mondelēz’s latest partnership with Alibaba.
Auckland Airport is to build a new distribution centre for Fonterra’s New Zealand consumer business (Fonterra Brands New Zealand), the two companies have announced.
The final programme for Food Vision Asia event has been announced ahead of its inaugural edition in the region, which takes place in Singapore from April 27-29.
Today’s consumers claim to want bold, authentic flavors, but many still shy away from unrecognizable foods – giving manufacturers the difficult task of presenting new products or flavors in a familiar way that still respects their authenticity.
Four of the world’s biggest food companies have moved swiftly to cease trading with Malaysian firm IOI after it fell foul of sustainable palm oil rules, but NGOs say it’s too little too late.
The Australian Livestock Exporters’ Council (ALEC) has welcomed government reform to streamline export certification processes, but harbours concern over the amount it will save meat producers.
