The Chinese population’s growing affluence is offering opportunities for premium and healthier products, says the CEO of the China Food Company (CFC) Plc, as the company posts better than expected revenues.
The milk and processing industry in Australia will see industry revenue increase by an annual 2.2 per cent to reach AU$8.2bn over the next five years, a new industry report suggests.
International wine manufacturers should look to cultural preferences for niche and premium red wines to be successful in China, according to an industry analyst.
Nestlé is investing a total of $320m in expansion projects in Indonesia and Thailand in an effort to target health conscious consumers in Asia, the company said.
China’s latest food safety clampdown has seen the arrest of 32 people involved in an illegal ring that made and sold tonnes of discarded cooking oil recovered from drains and gutters.
Online shopping company yihaodian.com has launched a collection of virtual supermarkets for mobile users throughout Shanghai’s metro system, with researchers claiming the development could offer NPD potential for food and drink brand owners.
A lack of an appropriate cold chain infrastructure and increasing food losses in India has opened the doors for Ingersoll Rand India Ltd to begin offering cold chain consultancy services in the country, the company said last week.
In an attempt to rebrand its pitch to Indian customers who are yet to transition towards healthier food products, Nestle India Ltd has phased out its existing probiotic dahi (curd) product in India for a new brand.
The Australian Food and Grocery Council (AFGC) has criticised a new smartphone app launched by anti-obesity activists who have been pushing for the traffic light system for food labels, saying it does not follow global guidelines.
A top food industry consultant in Australia has sounded an alarm on the declining competitiveness of the Australian food processing sector, citing the strong Australian dollar and supermarkets as the main reasons.
A New Zealand survey has suggested that the country’s food labels are difficult to understand and lacking in detail – allegations that the country's food industry body has rejected.
A new report raises serious doubts about the future prospects of Australia’s dairy exports, citing various reasons why the country's production levels will not be able to keep pace with demand for dairy.
Indonesian consumers are driven to spend more on food and beverages during Ramadan, bringing opportunities for manufacturers, according to a new Nielsen study.
Volatile commodity prices, changing consumer trends and a saturated market are some of the key factors that have restricted Australia's snack food manufacturers, says a new report.
Demand from the food industry will see the market for Omega-3 ingredients rise substantially over the next few years, a report from the market research and consulting firm MarketsandMarkets said.
Socio-economic factors in India have resulted in an opportunity for ready-to-eat (RTE) meals in the country, prompting Mumbai, India-based Agro Tech Foods Ltd to venture into the segment.
Independent Japanese inspectors have found the first case of radioactive contamination in a sample of rice since the Fukushima Daiichi nuclear plant accident five months ago, on March 11.
Consumer groups have urged the Australian government to make alcohol health warning labels on liquor beverages mandatory to help reduce the harm caused by alcohol.
Bringing a halt to genetically modified (GM) food trials would undermine competitiveness, according to one expert responding to the destruction of a GM wheat trial at a CSIRO farm in Canberra.
FoodNavigator-Asia spoke to suppliers at the recent Vitafoods show in Geneva about launching new foods and supplements on the Asian market. What are the main challenges? And where are the most promising opportunities?
The leading source of news for the food and beverage industry in Europe and North America has now expanded to Asia, drawing on the knowledge and expertise of experienced local journalists.
Asia Pacific markets are ripe for functional foods development as a response to the increasing prevalence of western diets, says Katrina Diamonon, consumer analyst at market researcher, Datamonitor.
A new Nielsen study on shopper trends shows an increase in promotion-seeking as a result of inflationary concerns, providing opportunities for manufacturers to gain strong shopper and brand loyalty.
Malaysian halal food makers have a number of opportunities in China's food market, especially in the Muslim population provinces, a statement from the Malaysia External Trade Development Corporation (MATRADE) said.
Food giant Nestlé has announced plans to double its dairy output in Pakistan, where there is growing consumer demand for branded milk, according to Mintel.
Nestlé’s Nescafé brand is to increase its footprint in Vietnam through a CHF 230m (€219m) investment which will be used to set up a new coffee factory in the region.
A dairy co-operative based out of the town of Waikato in New Zealand has become the first company in the country to achieve a new international food safety standard.
The price of milk and milk-based products in India is set to surge on the back of a variety of natural and human factors, including a shortage of rainfall in the monsoon months.
Archer Daniels Midland Company (ADM) has announced that it will expand its cocoa processing capabilities at its facility in Singapore to enable it to keep pace with growing demand for cocoa and chocolate products from Asian markets.
In a major demonstration of its commitment to the safety and quality of food made in China, the country’s regulators have cracked down on law-breaching businesses and people in the food industry.
Nestlé Sri Lanka has launched an up-market omega-3 fortified infant formula developed at its Swiss-based research centre, as it boosts activity on the south Asian island.
GLG Life Tech Corporation has moved fast after a patent approval in China last month to set up a local unit for Stevia formulations and then introducing the company’s first product line.
The Beneo-Institute (Gmbh) has said that its prebiotic fibre, oligofructose, has been approved for use for more products in India, having previously approved for use in bakery items.
The New Zealand Commerce Commission says there are no grounds for an investigation of wholesale and retail milk pricing practices in the New Zealand market that is 90% dominated by Fonterra.
Demand for immune health ingredients in Asia is growing at an annual rate of 6.2 per cent, with revenues expected to reach US$1.46bn in 2016 from US$958.6m in 2009, a research report from consulting and research firm Frost & Sullivan predicted.
Indonesia is the focus of an extension of Nestlé’s sustainable Cocoa Plan initiative, with the Swiss food group aiming to pump $4m (€2.7m) into bean production in that country.
The rising economic prowess of India is expected to spur a huge change in how people consume milk in India, benefitting organised dairy companies present in the country.
A report commissioned by Fonterra to investigate the fairness of the dairy giant’s milk pricing has faced criticism from its competitors, according to news reports.