Feihe International Inc., formerly known as the American Dairy, has announced that it intends to sell its two dairy farms in China to a Chinese Investment Company.
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.
Food manufacturers in India may have to gradually reduce the salt content in their packaged food products if a proposal from the Indian Council of Medical Research (ICMR) is accepted as a standard.
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 Indian food retail sector may see an upswing in the very near future after a government panel agreed to recommend a policy change that will see foreign companies such as Tesco and Walmart be able to sell to Indian consumers.
Indian buffalo meat exporters have come under the scanner for possible foot-and-mouth disease (FMD) contamination in Philippines, local media has reported.
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.
Taiwan has said it would intensify checks on imported products into the country after a batch of concentrate for a Coca-Cola product was found to contain a preservative banned in the country.
US chocolate giant Hershey reported net income of $130.12m for the second quarter, with net income for the period up o $129.56m from $117.05m in the same quarter in 2010.
The Indian press is reporting that Danone is in “advanced talks” to buy the nutrition division of billion-dollar Indian pharma-focused firm, Wockhardt’s, for a price as high as €180m.
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.
The Australian Competition and Consumer Commission (ACCC) has announced that it does not believe that supermarket operator Coles broke any competition rules when it dropped the price of it’s house brand milk to AU$1 a litre
The National Association of Smallholders, Malaysia (NASH), which represents 240,000 Malaysian small farmers, has in an open letter strongly protested the Australian palm oil bill.
India's new food safety act will strengthen better the ability of regulators and the government to handle food contamination incidents, the head of one of India's top food research institutes has said.
Local industry and government must cooperate to develop policies and regulations to ensure safe and sustainable nutraceutical products, Simon Pettman, executive director of the International Alliance of Dietary Supplement Associations (IADSA) has said.
Standard Chartered Private Equity (SCPE) has invested about US$56m in India-based bottler Varun Beverages Ltd, as a new market report hints at untapped potential in India's soft drinks market.
After several years and several “dialogues” with the European Food Safety Authority (EFSA), Japanese supplier Kaneka has won a positive Novel Foods opinion for its weight management liquorice extract.
Volumes were boosted by continuing growth in emerging markets for SABMiller, who remained tight-lipped on its Fosters bid in its first quarter results.
The first organic dairy factory has opened in Lebanon, Romania’s market is growing at 20%+ and in India, forecasts are for quadruple growth by 2015 as developing economies embrace organic production of foodstuffs.
Food testing in India got a boost last week when a key government-owned research institute received a grant to set up a new state-of-the-art food laboratory.
The food processing industry in India will be forced to adopt new technologies and improve their productivity if the foreign direct investment into multi-brand retail is allowed.
Food and beverage makers should be prepared to move away from the conventional marketing strategies when it comes to countries like India and China, a white paper from UK-based Healthy Marketing Team said.
There has been no let up in the soaring prices for guar gum, with little hope of a downward trend emerging in the coming months, warns a hydrocolloid expert.
China and India are expected to lead a 30 per cent increase in global liquid dairy consumption over the current decade, according to new research from Tetra Pak.
Malaysia's Department of Islamic Development has approved halal certification for the Islamic Foundation Bangladesh, a move that opens up the Malaysia market to halal food makers from Bangladesh.
The incoming chief of Australian supermarket giant Woolworths Ltd has said that the chain will welcome food products out of New Zealand on its shelves, despite its policy of buying local first.
Nestlé has paid out bought €1.2bn for a majority stake in leading Chinese confectionery maker Hsu Fu Chi, with the Swiss group flagging up access to extensive production capabilities and a major distribution network as its wins.
Sri Lanka will now longer allow the import, transport, storage, packaging, distributing, and selling of food products in packaging that can cause health problems to the human body.
A rising demand for flour stabilization and fortification has prompted Germany-based flour treatment solutions provider Mühlenchemie GmbH & Co. KG to open its own production plant and research centre in China.
The Indian spice sector has been given a wake up call after EU inspectors uncovered a raft of weaknesses in the country's safety procedures to prevent aflatoxin contamination that means exports cleared by officials may fail to reach European standards.
A new study has suggested that there are undeclared allergens in many commercial processed food products in Thailand, which could cause allergic reactions.
Asahi is to proceed with two Australian and New Zealand soft drinks deals, with the aim of becoming one of the world’s top food and beverage companies.
The Indonesian cocoa processing sector is ripe for further investment from multinational food manufacturers, a spokesperson from the country’s investment authority said.
The Australian Medical Association (AMA) has called for a compulsory ban on television junk food advertisements in Australia, saying industry self-regulation has failed.
An Australian bill requiring palm oil to be explicitly labelled has come in for harsh criticism from food industry representatives, after it was passed by the Senate last week.
Unscrupulous food processors, corrupt officials, incomplete regulations and ignorance of the laws are some of the ongoing defects in China’s food safety system, said a report by the country’s legislators this week.
Ingredients giant Barry Callebaut has confirmed its positive midterm outlook after posting a 7.3 per cent rise in sales volumes over the first nine months of the fiscal year.
