The India food and beverage industry should reach out to its consumers and involve them in designing their food products, says a paper by a faculty member of the Indian Institute of Management, Ahmedabad (IIM-A).
Struggling Australian food firm Goodman Fielder has lowered its full-year 2012 (FY12) earnings forecast as costly restructuring of its baking units and rocky trading conditions slam revenues.
Religious and cultural values in Asia combined with food safety concerns in the EU and US has spurred Chinese ingredients firm Fenchem Biotek to develop vegetarian softgel supplements.
New Zealand has migrated to an industry-designed product recall and withdrawal system, which key businesses say will ensure even greater consumer protection.
US premium alcohol specialist Winery Exchange has struck up a partnership with a local Chinese food and importing company in a bid to cash in on the lack of brands in China’s wine market, the MD said.
The much touted tightness in the chia supply is not being experienced by all suppliers, with Australia’s The Chia Company extending its growing area 100% year-on-year to satisfy demand.
Vitafoods Asia 2012 will delve into three key industry issues that plague operating in the vast region’s functional food and supplements arena – regulation, trends and opportunities.
The Chinese year of the dragon is shaping up as a boon for the New Zealand dairy industry in China, the head of a growing NZ-based infant formula company has said.
PepsiCo and its snacks arm Frito-Lay has opened a news snacks factory in Wuhan, China to expand further into central and western parts of the country by catering to local tastes.
The Codex Alimentarius Commission has set new maximum limits (MRLs) for ractopamine in pig and cattle tissue in an effort to improve the trade of meat containing the growth substance.
Emulsifier and stabilizer specialist Palsgaard has commenced work on its US$30m production plant in Malaysia; chosen for its raw material access and strong logistics, the CEO said.
Indonesian herbal drug specialist Dexa Laboratories will push its natural diabetic product into European and wider Asian markets, following success in its domestic market.
Interview: Samy Jandali, VP Nutrition & Health, North America, BASF
Chat to any major ingredients supplier at a trade show and you can expect to hear liberal use of buzzwords from ‘partnership’ and ‘collaboration’ to ‘open innovation’ says Samy Jandali.
This week’s Food Ingredients Asia-China (FIC) expo in Shanghai had ‘Asia’ in its name but don’t be fooled by the moniker – this is very much a Chinese show (at least on the exhibitor side); and a vast one that demonstrates the variety, volume and sheer...
Belgian bakery ingredients firm Puratos has a new manufacturing and innovation centre in China that will be dedicated to developing products for the local Asian taste requirements.
Australian food firm Goodman Fielder is fusing its bakery business with three site closures as part of a strategic reorganisation of its business to reduce costs and improve efficiency amid struggling sales.
Australian beverage heavyweight Lion has made the first major move towards disrupting the milk manufacturing process by offering permeate-free milk under its brands.
US flavour firm International Flavors & Fragrances has opened another flavour facility in Delhi, India that it says will increase its ability to work on regional taste profiles amid surging demands.
Australia’s food industry body has launched a nationwide public education campaign to highlight the significant cost impacts that a national drink container deposit scheme (CDS) will have on consumers.
Indian herbal extract specialist Olive Lifesciences is targeting the South American region with its marigold-derived food colouring, as demands in Mexico, Peru and Chile outstretch local production.
Fonterra has signed a conditional agreement to acquire the milk processing assets of South Canterbury-based New Zealand Dairies (NZDL), and said the dairy site would boost its export capacity, where it is processing around 150m litres of milk per year...
Vitafoods Europe 2012 is a good place to come face to face with business in Europe’s lucrative health and nutrition market, according to Chinese firms exhibiting in the China Pavilion.
Clean label starches and phosphate replacers are the key focus for UK ingredients firm, Ulrick & Short, as it enters the Asia Pacific market for the first time via a distribution partnership in Thailand.
Vitafoods Europe saw 12% more attendees (11,594 ) pass through its doors in Geneva this year with show producer Informa casting its eyes forward to the second edition of Vitafoods Asia in Hong Kong in September.
Food major Future Group has announced that it has inked a deal with rice processor LT Foods that includes the setting up of the latter’s new facility at the group’s new food park.
Vitafoods Europe 2012 in Geneva attracted companies from all over the world, including Asia, with three dedicated pavilions to China, India and Korea housing smaller ingredients firms from each market.
Asia’s functional food market is still a new target area for pharmaceutical firm Vésale Pharma and working with regional agents will prove essential in gaining traction in the market, according to president.
A local Chinese company has developed a curcurmin ingredient for the global market but a sales representative told FoodNavigator-Asia at Vitafoods Europe that India is a strong competitor and Europe is a difficult market to penetrate.
Kiwi dairy giant, Fonterra, has opened a new innovation centre in Shanghai as part of its strategy to tap into China's mushrooming premium dairy nutrition market.
The Swiss food and beverage firm, Nestlé, has inked a deal with a local government in China’s Inner Mongolia region to build and develop a new dairy farm, according to local media reports.
GS1 Australia has launched an iPhone app called the GS1 GoScan that gives consumers access to extended labelling product data as part of 2012 Food Allergy Awareness Week.
Australian supermarket giant, Coles, has taken the lead in ensuring that its food products are labelled appropriately enough for customers with allergies.
US-based food giant General Mills has agreed to acquire the food brands of Pune-based ready-to-cook spices and sauces maker Parampara Food Products, the company announced at the end of last week.
A US$15m strategic investment from Indonesian agribusiness group, Salim, will increase research and production capabilities and open new market doors for US algae technology firm Heliae.
China’s Bright Food has snapped up 60% of Weetabix for £1.2bn (US$1.95bn) but industry analysts say the breakfast cereal concept will flop in China and have coined the move as a mere knowledge buyout.
Chinese authorities have ordered a temporary end to production at a Coca-Cola bottling plant over production line “problems” - just weeks after confirming the safety of beverage products from the plant.
Shanxi-based Deyu Agriculture has developed a new line of MSG-free, easy-cook noodles that will enable it to delve into an unknown yet lucrative fast moving consumer goods (FMCG) sector in China.
A court order has silenced Hong Kong research company, CER, and ensured the removal of its report damning Abbott’s infant formula product; action the US giant is ‘pleased’ with.
Rumours have been circulating in the media that China’s state-owned Bright Food will snap up British cereal maker Weetabix in an alleged 1bn deal; rumours the Chinese giant has denied.
Probiotic supplier BioGaia has secured an exclusive distribution agreement for its ProTectis infant tablet and drop line in Taiwan as it ‘fills the gaps’ in its market presence across Asia.
