Australian soup manufacturers will easily be able to mitigate the costs associated with the recently announced cuts in sodium levels in the country, says a food industry expert.
The vinegar processing industry in Shanxi province has implemented a new training scheme to nurture more qualified vinegar practitioners in a bid to improve the industry.
A market for Indian honey in the North American market has prompted Intertek to launch a honey certification service for manufacturers and exporters in India.
Global food manufacturer Heinz has for the second time in as many months publicly criticised Australian grocery sector – this time for creating an ‘inhospitable’ market.
Two major food manufacturers in Australia have shut down factories under external pressures including the rise of the Australian dollar, high cost of raw materials, supermarket price wars and government policies.
India-based rice exporter Kohinoor Foods Ltd has formed a joint venture with US-based spice maker McCormick for the marketing of basmati rice and other food products in India.
Mumbai-based food processor ADF Foods Ltd, which garners a majority of its sales revenue from overseas markets, is now looking to penetrate deeper into its home market of India.
Spice maker McCormick reported a 13 percent rise in its first quarter earnings, boosted by cost savings and strong domestic and Asian sales, the company said on Tuesday.
Booming sales of omega-3 fortified cooking oil in China may show how countries with nutritional deficiencies can boost the nutritional intakes of a population, said a leading omega-3 figure.
Danish food ingredient supplier Palsgaard is building a new US $30m emulsifier factory in Asia, with production scheduled to start in the second half of 2012.
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.
Ohly has officially opened a new yeast extract plant in Harbin, China, giving it an Asian production arm to complement existing plants in the US and Europe.
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.
There is evidence that European potato starch suppliers are losing
out to Chinese competitors, as anti-dumping measures drive rampant
growth for leading Chinese starch maker.
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.
Two Singaporean firms, Tee Yih Jia Food and Super Coffeemix, are
working with Chinese firm Jiangsu Hengshun Sauce and Food on
building the world's largest vinegar factory in Zhenjiang city,
Jiangsu province.
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.
The Thai government has announced a series of planned investments
by Chinese companies, one of which includes a THB 500 million
(€10m) aimed at a leading Thai cooking oil business.
