Markets & trends

Consumers seek Ramadan bargains as UAE ups subsidies

Consumers seek Ramadan bargains as UAE ups subsidies

By Eliot Beer

Saudi, UAE and Egyptian shoppers are prepared to switch brands for a bargain even as they increase their food spend during Ramadan—a time when the UAE Ministry of Economy pays US$68m on food subsidies.

Beef is seen by China's financial sector as one that offers attractive margins

China tipped for beef boom

By Mark Godfrey

A respected brokerage is betting Chinese companies with access to overseas beef supply will make strong profits by importing and selling the red meat this year.

The global energy drink sector is set for robust growth but could regulations and health concerns chill expansion? ©iStock

Sector to grow 40% by 2020

The world’s unquenchable thirst for energy drinks

By Shane STARLING

Global sales of energy drinks hit €38.2 billion last year and will be worth €53.4bn in 2020 according to Euromonitor International, even as regulatory winds blow ill beneath the sector's wings. 

Demand for meat, especially poultry, is rising in Myanmar

Meat demand rises in Myanmar

By Jessica Mudditt, in Yangon

Meat consumption in Myanmar has grown due to an influx of tourists and investment, while a limited manufacturing base presents new opportunities for international suppliers.

Reforms to Pakistan's import duty could triple halal meat production in the future

Pakistan cuts duty for meat industry equipment

By Kaswar Klasra, in Islamabad

The Pakistan government has reduced custom duty on machinery imports used in the livestock and meat industry from 5% to 2% to encourage investment in the meat industry.

The new law could also boost halal meat trade with Malaysia and Indonesia

Philippine halal law to drive meat export growth

By Jens Kastner

Outgoing Philippine President Benigno Aquino has signed into law a consolidated measure on halal exports, which may help boost the country’s meat exporters in the Middle East.

Asia-Pacific nations lead in growth of ethical labels market

Asia-Pacific nations lead in growth of ethical labels market

By RJ Whitehead

China, the United Arab Emirates and Australia are expected to be the fastest-growing vegan markets between 2015 and 2020, according to data from Euromonitor International’s newly launched ethical labels database.

'Many Europeans still don’t know that they eat on average 61 kilos of soy per year, mostly embedded in their meat and dairy products,' said WWF senior advisor Sandra Mulder. © iStock

Call for EU action plan as firms shirk responsibility on soy

By David Burrows

The EU needs a deforestation action plan after a World Wide Fund for Nature (WWF) analysis of the bloc’s largest food companies showed many are using consumer ignorance to dodge their “massive responsibility” when sourcing soy.

The halal market is expected to grow significantly over the next four years

Halal labelling expected to grow

By Oscar Rousseau

The prevalence of halal labelling is expected to grow by a quarter between now and 2020, according to market research firm Euromonitor International. 

One to watch: the Japanese wine market. Pic: iStock

Japanese wine drinkers are becoming more adventurous: report

By Rachel Arthur

Wine drinkers in Japan are becoming more adventurous and showing an increased interested in wine, according to Wine Intelligence. And, in fact, the country is rated as one of the most attractive wine markets in the world. 

 Meat consumption in China has risen in line with the country's booming middle class

China calls for lower meat consumption

By Mark Godfrey

Chinese people need to eat less red meat, a leading Chinese government health agency has recommended in a landmark review of the country’s eating habits.

Asia: Rapid urbanization, consumer interest in health & wellness, and a large population. Pic: iStock/fpdress

What will global beverage consumption look like in 2021? Region by region data

Unprecedented growth for Asia beverage market

By Rachel Arthur

Asia’s beverage market will experience unprecedented growth, taking two-thirds of global incremental consumption by 2021, according to figures from Canadean.

Iranian meat suppliers experience export problems to CIS

Iranian meat suppliers experience export problems to CIS

By Vladislav Vorotnikov

Despite hopes from Iranian meat exporters that they could increase supplies to the Commonwealth of Independent States (CIS), deliveries to the region, including most of the post-Soviet Union area, are not yet happening.

AstaReal was one of the founding members of NAXA, along with Cyanotech and Algatechnologies of Isreal. Algatech photo.

Founding member AstaReal withdraws from NAXA

By Hank Schultz

Founding member AstaReal has withdrawn from the Natural Algae Astaxanthin Association, while at the same time the association announced a new member, Chinese company Yunnan Alphy Biotech Company, Ltd.

Germany and Spain have overtaken Denmark as Europe's top pork exporter

China’s pork imports booming

By Oscar Rousseau

China’s pork imports more than doubled in March 2016 as environmental regulation slammed the brakes on domestic production for the country’s largest producers.

Ginkgo producers need to gain a detailed understanding of the value chains of their products, say researchers. © iStock.com / Malgorzata Biernikiewicz

How to shut down the illicit ginkgo trade

By Annie Harrison-Dunn

Research into the adulteration and poor manufacturing practices of ginkgo products has highlighted the need to reign in unregistered food supplements containing the botanical. 

Raw mung bean sprouts. Picture: sommail/Istock

PLUS: Canada investigates Hepatitis A outbreak from berries

More than 150 sick in Australian Salmonella outbreak

By Joseph James Whitworth

A Salmonella outbreak which has sickened more than 150 people in Australia has been linked to raw mung bean sprouts.

Alpaca meat is being considered a superfood by some in Australia

Alpaca meat hot on Australia’s menu

By Oscar Rousseau

Think-tanks all over the world have called for the need to diversify protein to ensure a more sustainable food economy, but is eating alpaca meat a step too far? 

The deal comes as part of Holland & Barrett’s plans for major international expansion to make its global franchises bigger than its UK and Ireland core.

1000 Holland & Barrett franchise stores to open in India

By Annie Harrison-Dunn

Health and nutrition retailer Holland & Barrett has secured a £20m (€25.44m) deal with Indian hospital chain Apollo Hospitals, an agreement which will see 1000 franchise stores open across India over the next five years.

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