International Flavors and Fragrances (IFF) has said it plans to invest $100m in two new flavor facilities in Asia over the next three years, responding to increasing demand from Asian food manufacturers.
Soy ingredients company Solae opened a food application centre in Shanghai yesterday, promising to cut product development times for Asia-Pacific customers.
Demand for convenience and ready-to-eat food in India will explode over the next five years as a major shift in food-purchasing habits by the growing numbers of middle-class city dwellers takes hold, according to new research.
Ingredients supplier Beneo is to present its naturally-derived low glycaemic functional carbohydrate isomaltulose at a health conference in Mumbai, India later this week.
Stevia supplier GLG Life Tech has entered into a joint venture with China Agriculture and Healthy Foods Company Limited (CAHFC) for the sale and distribution of stevia-sweetened foods and drinks, GLG has said.
Japan’s Consumer Affairs Agency has said it intends to ask food makers to voluntarily label the trans fat content of their products, according to Kyodo News International.
DSM is launching a new line of natural flavours led by authentic taste needs in the Asia Pacific region, which can help flavour firms construct flavours with complex notes that appeal to different market preferences.
Although the food and drink flavouring market in Southeast Asia is “growing enormously”, consumer tastes are still cost-driven and traditional, according to top flavour producer IFF.
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.
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.
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.
Cargill has entered into an agreement to acquire the edible fats and oils business of Goodman Fielder in Australia and New Zealand, which it says will aid efficient future growth in the region.
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.
Burgeoning demand for flavours from Chinese food manufacturers has led to rapid growth in the last decade and encouraged more foreign firms to set up operations there, says Leatherhead.
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.
Extracts from the Asian plant Osmanthus fragrans may prevent browning of foods, and offer an alternative to formulators looking to tap the ‘natural’ wave.
Swiss firm Nestle ranks second in terms of innovation targeted at Asia's emerging markets, claims a fresh 'business vitality' index from the Global Intelligence Alliance Group (GIA).
The levels of salt and sugar in breakfast cereal formulations targeted at children are slammed in Australia after consumer group finds key 'cereal' offenders are "heavy on marketing spin and light on good nutrition".
Salt reduction targets for food products sold in Australia are expected to be set in October 2009, subject to development and agreement between the government and the food industry.
Only one year after moving into Taiwan, US bakery firm Dunkin'
Donuts plans to open 100 new shops in Shanghai and the surrounding
provinces over the next ten years, the company announced last week.
Honk Kong based funds management firm, Value Partners, could be set
to invest in the growing Chinese monosodium glutamate (MSG) and
fermentation market, according to local news reports.
The Indonesian government is currently reviewing its laws on
artificial sweeteners and will consider banning them from food if
expert evidence suggests they present health risks, according to a
report.
Globalisation is creating a challenging environment for Australia's
food industry but has also opened up new markets with strong
potential, finds a new report.
The rapid growth of China's fast food industry is boosting demand
for frozen French fries and other processed potato products,
helping to offset a downward trend in more mature markets due to
consumer health concerns, reveals...
Hanmi Whole Soymilk Co has launched a new soy-based soup on the
South Korean market, using novel packaging to differentiate the
product in the increasingly competitive soyfoods market.
China's fresh tomato and processed tomato production is set to
surge this year, driven by unusually high prices on the domestic
and world markets that have boosted planted areas.
Indonesia's largest noodle producer Indofood Sukses Makmur has
joined forces with the world's biggest food company Nestlé to
create a new joint venture which will expand production and
marketing of the two firms' various...
Although new EU regulations could bring increasing opportunities
for Asian food companies, many European businesses see it as a
threat. But whilst Hungarian food canning companies say their
future existence could be threatened, manufacturers...
With the market for canned food doubling in size in the course of
the last eight years, further growth is expected in line with the
rapidly expanding China economy in the coming years.
Nutrition House, part of the consumer goods group Pan Group, has
expanded its frozen ready-to-eat meals line with the launch of a
line of vegetarian meals, claimed to be the first product of its
type on the market in Thailand. The...
Innovative snack launches dominate this week's offerings from
Mintel's GNPD, featuring everything from a rice cracker salad with
dressing to a honey flavoured vitamin fortified drink.
The latest launches from Mintel's GNPD database reveal an emphasis
on snacks and dairy products this week, with a varied selection of
new ranges from Vietnam, Singapore and the Philippines that focus
on healthy properties.
Aside from conducting desk research to understand snacking preferences and taste profiles among consumers in the Asia Pacific, Givaudan also embarked on...
As discussions around female empowerment widen, and advances in women’s health access and provision accelerate, the implications for business, healthcare,...
Data shows that consumers’ liking and thirst for plant-based beverages is growing rapidly, especially in Malaysia, Singapore, Philippines and Indonesia....