Westernised eating habits and the desire for convenient foods to fit into busy working lives are driving demand for food and beverage enzymes in South Asia, according to the president of Novozymes Asia.
Direct foreign investment in the Indian food processing industry rocketed 175 per cent during 2009-10 to reach $279.33m and now plays an important role in developing the sector, according to the national government.
Nestlé chocolate products recorded double-digit growth in emerging markets, driven partly by the performance of the lowest priced products in its portfolio, said the group as it posted gains of 7.5 per cent in net profit for the first six months of the...
Fonterra has insisted that the New Zealand-based dairy is 100 per cent confident in its products as one of its Chinese customers faces an investigation into tainted milk claims.
Vietnamese soft drinks consumption has held up in the face of the global recession with growth levels higher even than neighbouring China, according to new market research.
Increasing obesity in children in China will stimulate demand for healthier bakery and cereal products, claims Datamonitor in a new report that shows that China ranks fourth in new bakery product launches in the global market in 2009.
More melamine tainted dairy materials have been seized by Chinese food safety authorities, raising suspicions that it may be from the same batch that should have been destroyed following the 2008 scandal.
Seasonings and flavorings firm McCormick has signed an agreement to purchase a 26 percent share in Eastern Condiments Private Limited, an India-based spice and seasoning business, the company has said.
Around US$30bn worth of investment is needed to “revolutionise” India’s food processing sector to boost the volume of processed products to 10 per cent of overall output by 2015, according to a new report.
Chocolate that suppresses appetite and delivers oral health benefits has been highlighted in a new survey of confectionery product launches in the Asia-Pacific region conducted by Datamonitor’s Product Launch Analytics.
Dietary supplement and functional food ingredients company, BI Nutraceuticals is adding a fifth mill at it’s Suzhou manufacturing capacity to boost output by 35 percent in response to customer demand.
Vitafoods event director Chris Lee explains the massive opportunity that awaits Vitafoods Asia exhibitors in Hong Kong in 2011, and hints at further new locations in the future.
PepsiCo plans to invest $2.5bn over the next three years in China as the company turns towards the less developed central and western areas of the country for growth opportunities.
The organisers of the Vitafoods trade show, which opened its doors in Geneva this morning, have announced that the first ever Vitafoods Asia show, to take place in Hong Kong in September 2010.
Products such as confectionery, biscuits and juice products are experiencing double-digit growth in China with this consumer demand fuelling an increase in the country’s sugar imports, according to a USDA report.
Political decisions encouraging biofuel production from palm oil is causing deforestation in Indonesia and not the low tonnage sourced by Kit Kat maker Nestlé, according to the chairman of the Swiss based food company.
Tens of thousands of Chinese children sickened by melamine-tainted milk showed signs of kidney damage months afterwards - with the potential for long-term harm a serious concern, said new research.
SABMiller has reported disappointingly flat beer sales as South African volumes continue to slide and heavy snow and wet weather suppress Chinese demand.
India’s probiotics market has been highlighted by researcher Frost & Sullivan as a “major growth market of the future”, with annual growth of 22.6 per cent until 2015.
As levels of obesity continue to rise on a global scale, Nutraingredients looks at the market for weight management dietary supplements, food and beverage products.
The globe’s two biggest food firms, Nestlé and Kraft, have launched internal investigations after a Greenpeace report claimed both purchase palm oil from Indonesian company PT Smart whose parent group Sinar Mas allegedly engages in widespread illegal...
Unilever has halted all purchases of palm oil from Indonesian company PT SMART after a Greenpeace report alleged that its parent group Sinar Mas is engaged in widespread illegal deforestation and peatland clearance in Indonesia.
Australia's almond production is expected to rise by 25 per cent in 2010 - up from 36,500 tonnes this year to 46,100 tonnes, announced the Almond Board of Australia (ABA) during its annual trade visit to India.
The strong trend toward natural products is unlikely to encroach significantly on the market for artificial sweeteners, according to sucralose manufacturer JK Sucralose.
JK Sucralose has announced that it intends to expand capacity at its Jiangsu, China plant to 4,000 metric tonnes by 2020, confident that the market is set to skyrocket.
The Indian Government has unveiled proposals to double the size of its food processing industry within the next five years by increasing funding and improving technology and infrastructure in the sector.
Joint ventures in food processing and food retailing are planned by the Netherlands in India’s eastern and north-eastern states - providing it can find partners able to comply with international safety standards, according to the publication Business...
A shortfall of 10m tons of cold storage facilities for agriculture produce is holding back the nation’s food industry including its rapidly developing food processing sector, according to a new report from financial specialists KPMG and Assocham; the...
US pharmaceutical firm Abbott has made a significant push in the Indian nutrition market, following its acquisition this week of some of the nation’s leading infant and adult nutrition brands.
Despite low levels of public awareness compared to western markets, functional foods and ingredients are finding growth in areas of India, as consumers switch on to the promise of healthier foods, beverages and supplements.
New Zealand’s Food Safety Authority has received a dozen responses supporting a proposal to allow the manufacture, sale and import and export of unpasteurised dairy products, and which would open up a new global market.
A New Zealand company has applied to the UK Food Standards Agency (FSA) for novel foods approval to market its honeybee venom to alleviate the symptoms of arthritis.
The Australian market for heart-healthy foods or supplements could be a tough one to crack, but consumer signs indicate that it holds potential for manufacturers willing to make the extra awareness-raising efforts.
While analyst suggests Asian food and drink companies are behind their Western counterparts in driving product innovation, manufacturers in the region may still be able to lead in way in meeting western demand for certain functional goods.
The impact of last year’s contamination of certain Chinese dairy products with the industrial chemical melamine continues to be felt across the industry with new research suggesting global interest in milk-based drinks has slowed.
Tate & Lyle has lost its sucralose patent case as the International Trade Commission gave its final ruling on Monday that Chinese manufacturers did not infringe the sugar giant’s patents.
Scotch whisky makers see trade talks taking place next month between Korea and the EU as another major step in its continued attempts to develop further into Asia’s spirit markets.