Japan’s Asahi Group Holdings is set to bid $4.87bn for SABMiller’s Eastern European beer operations in the Czech Republic, Poland, Hungary, Slovakia and Romania, according to reports.
Chinese fishmeal prices have fallen by 9% in the last month due to a decline in domestic demand as the summer season for aquaculture approaches an end.
China’s organised food-service industry has been growing at a rate of over 11% over the last two years and was worth more than RMB3.2bn (US$480m) in 2015.
Shanghai’s food safety watchdog ordered the meat supplier that was at the centre of an expired meat scandal in 2014 to pay fines for producing and selling substandard products.
Japan’s Toyo Rice Corporation has secured a world record for high-priced rice after a limited quantity of its super-premium grains were made available earlier this year through its web site.
The rise of China’s functional food and dietary supplement industry is continuing to outstrip overall economic growth, and will continue to do so with sports nutrition and goods for the elderly likely to drive future increases.
The New Zealand government has given the go-ahead for Chinese food operator Shanghai Maling to buy a 50% stake in meat processor Silver Fern Farms for $261 million.
China has imported 52,825 tons of liquid milk in July this year, a 35% increase compared to the same period last year, according to the latest report from the Dairy Association of China (DAC), as imported dairy products are cheaper than locally produced...
The global poultry industry is entering a period of enhanced market conditions as China’s historic production slump brings a welcome buoyancy to a string of poultry exporters.
A new Mintel report shows that Chinese consumers drank an additional 545m liters of sports drinks in 2015 compared to the previous year, a 25% volume growth.
Asian markets outside of China, notably South Korea and Japan, were the biggest buyers of US beef in July, according to trade data from the US Meat Export Federation.
Brazil has seen exports of grape juice drinks soar in Japan, but wine exports are struggling to get a foothold abroad, according to IBRAVIN Brazilian wine institute.
Hong Kong authorities have warned the public against buying mooncakes with high levels of sugar, fat and sodium ahead of the Mid-Autumn festival later this month.
The UK-China Joint Centre for Probiotics Research is focusing on specific probiotic applications, and plans to use GM techniques to engineer highly targeted microorganisms to fight specific pathogens.
The Asian Development Bank has issued a US$125m loan to Inner Mongolia Saikexing Breeding and Biotechnology Group to and expand the domestic supply of milk in China.
High-quality drinking water from Australia is being touted as a perfect companion product to help quench China’s thirst for “clean and green” infant milk powder.
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Fonterra’s project to align and enhance its supply chain from New Zealand to mainland China has seen a reduction in the time it takes to get UHT products to market from more than 100 days to 34.
Quinoa is what’s up in WutsupBaby’s line of infant and toddler cereals. It has won over East Asian consumers, reflected by its 10% revenue increase in the past 10 months. Now, the California-based company is ready to sell stateside.
Asian sugar production is expected to see its first deficit in over five years after a drought last year prompted by El Niño-induced pulled output down to a five-year low, resulting in a period of high raw material prices.
The purchase of a Uruguayan beef processor by a giant Chinese industrial conglomerate looks well-timed as China dangles the prospect of a free trade deal before the Latin American nation.
Investigations into the health of pigs exported from Jiangxi are underway after Chinese authorities blocked trade following a warning from Hong Kong’s Food and Environmental Hygiene Department (FEHD).
Sales at Chinese infant nutrition firm Biostime dropped by 14% in the first half of 2016 to RMB1.46bn (US$220m), with the Biostime brand – which accounts for 86% of the company’s sales – down 5.4% and the value brand Adimil down 65.7%.
China’s number four dairy farming firm Saikexing has secured a $125m loan to reduce environmental pollution, improve food safety, and expand the supply of milk within China.
Yonekyu Corporation, one of Japan’s leading processed meat companies, has applauded the impact of Sealpac’s thermoformers on its production lines, claiming the equipment is “extremely strong”.
China, India and Saudi Arabia’s growing markets are spurring global demand for food processing machinery, which is expected to grow at an annualised rate of around 8% until 2020.
US beef exporters continue to gain market share as they battle with Australia for dominance in Japan, despite the favourable tariffs enjoyed by Australia’s producers, according to trade data.
