For someone more acquainted with ingredients expos in Europe and the US, walking around the vast halls of Food Ingredients Asia-China (FIC) in Shanghai today made me realise what a small percentage of the continent's nutrients industry fills those...
US-based confectioner Hershey has announced plans to open a new factory in Asia as it embarks on a ‘five core brands’ strategy to realise potential in selected emerging markets.
Neptune Technologies & Bioressources has secured “new and firm orders amounting to US$25M for calendar year 2013” for its krill oil, driven by strong demand from Asia.
India’s nutraceutical market is booming, but food manufacturers will have to pay heed to growing trends of fortification and customisation to truly unlock the value, a white paper has said.
There has been a fundamental and significant shift in global business moves, with Asia now bypassing EU and US markets to work directly with Latin America and this is a trend set to stay, according to Mintel analyst.
A deal to supply Stemtech International - the leading player in stem cell nutrition supplements - with one of its proprietary marine plant extracts will establish Marinova as the undisputed world leader in Fucoidan, claims the Australian biotech firm.
The Chinese are drinking more beer and buying more expensive varieties, but multinational brewers need to innovate to seize growth opportunities presented by groups such as female drinkers, says Mintel.
Indian’s fast growing seafood industry has received another boost after China reopened its doors to the country’s exporters after a year of uncertainty after a revision in Chinese regulations.
Australia might have hit a roadblock in its beef trade with Indonesia but it is not going to be a long term obstacle, according to a new report from Rabobank.
The Indian state of Gujarat faired miserably in a study backed by India's food regulator that looked into the quality and nutrition standards of milk across the country.
Australian beer manufacturers are being affected by the trend toward ready-to-drink (RTD) spirits, but there is solace in the premium beer segment, a new report from research firm IBISWorld says.
India is embarking on ambitious plans to increase its spice exports, further increasing its domination of the world’s spice trade, experts from the sector said.
European Food Safety Authority (EFSA) rulings on health claims has caused a ‘softer’ market approach from EU manufacturers and Europe can learn a lot form Asia on what it does best – basic nutritional ingredients like vitamins and minerals, says Mintel.
Specialty ingridients maker Naturex is banking on a growing trend towards healthier and more natural products in China to boost the market for its newly approved Thaumatin fruit extract.
Australian manufacturers have been busy innovating to keep the chocolate and confectionery market afloat amid tough economic times, volatile commodity prices and import competition, a report shows.
Chinese online supermarket giant, Yihaodian, is set to launch wines from New Zealand, France and the US on its site – offering a complete business solution for new international entrants, according to a market expert.
China-made infant formula milk powders as well as other domestically sold dairy products are manufactured to increasingly higher standards according to a leading group.
A mature palm oil market and scarce land for expansion in Malaysia means Indonesia is set to underpin increased production due to its considerably younger profile, a Rabobank report suggests.
Thailand is set to economically merge with its geographical neighbours by 2015, but its food industry will withstand economic pressures and flourish over the next decade, the head of the country’s top food institute said.
Cognitive performance products for Asia’s ageing population are an under-exploited segment, laced with growth opportunities, according to a Leatherhead analyst.
The white spirits segment in India is easily outstripping other liquor segments on the back of increased consumption of vodka among the country’s increasing youthful population.
China’s US$500bn rural consumer market holds huge growth opportunities for the fast-moving-consumer-goods (FMCG) segment, with juices and teas set to soar, according to Nielsen.
Australian consumers and retailers will have to decide whether to support local food producers or watch the sector diminish, the head of beverages supplier Coca-Cola Amatil (CCA) said.
In a first, a Thai food major is taking its operations across the Indian Ocean to Africa, hoping to capitalise both on available resources and rising consumption in the region.
Demand for bread and ramen noodle products made with domestic wheat varieties is growing in Japan but the country needs to invest in its weak local production of the grain, government institute says.
Thailand’s food processing industry should capitalize on Myanmar's new open economy given its geographical and historical advantage, a top food institute had said.
New Zealand’s food and beverage industry must shift to producing end products in a bid to drive its export market, but this transition will require hefty foreign capital, a Ministry report said.
Developing demographic-specific formulations and validating health claims must be a focus for probiotic manufacturers targeting Asian markets, according to an industry analyst.
The consumption of soft drinks and confectionery is estimated to be falling due to health concerns in Australia, while healthy offerings are seeing growing demand.
Genetic modification is an on-going problem in Asia’s basmati rice network and it is a problem that importers need to be vigilant in curbing, according to an industry expert.
The Indian packaged food industry is expected to touch US$30bn by the year 2015 on the back of growing awareness, busier lifestyles, and a booming economic environment.
China’s food and beverage market is undergoing consolidation – much of which is being achieved through rampant acquisitions across new market sectors and countries, according to an analyst.
Tea will be affirmed as the national drink of India within 12 months, a government official has said – a move that should benefit beleaguered local growers.
Developing non-MSG, better-for-you instant noodles will surge market value in China’s commoditised market sector, according to Mintel research director.
China’s food sector needs to be more innovative and better educated if it is to ensure food security and health for its population, but efforts to secure this will take collaboration, according to president of DuPont China.
A burgeoning ‘urban demand’ for healthier foods is fast driving Asia Pacific’s wholegrain and high fibre foods market; set to hit US$6.8bn by 2012, according to report.
An IGD report has confirmed China as the world's biggest food and grocery market; bigger than America and forecast to hit US$1.46 trillion by 2015. Multinational interest in the market is ramping up, but do they really understand this gigantic but...
China’s food and grocery market has outgrown the US market and is now the biggest in the world and forecast to hit US$1.46 trillion by 2015, according to a report.
China is concerned about the environmental footprint of food manufacturers, more-so than the US, according to new research, prompting a re-think for firms who base Asian environmental strategies on Western consumer demands.
US farm management company, Stevia Corp, has formulated stevia-supplemented fish feed in a bid to drive sustainable aquaculture and increase production volumes across Asia.
Dairy-derived ingredients are in strong demand across Australia and New Zealand, with cheese powder and whey proteins forecast a CAGR of 3% between 2010 and 2015, according to Euromonitor.
Chinese consumers are embracing healthier alternatives of carbonated soft drinks, but beverage manufacturers are being very slow to respond to this changing trend, a new report by UK market research firm Mintel shows.
Indian food giant Hindustan Unilever (HUL) is driving wider industry take-up and certification of certified sustainable palm oil (CSPO) via Green Palm certification.