Market-watchers in India have recently been speculating that PepsiCo is poised to make a bid for an Indian crisp manufacturer as a means to grab greater control of snacks in developing Asian markets.
In the year to June 2013, almost three quarters of the country’s NZ$93m weekly average fresh produce expenditure went on supermarket fruit and vegetables, meat, bread, deli foods and fish.
“The most common mistake by western fast moving consumer good (FMCG) companies who launch new food and beverage brands in emerging markets is that they jump straight in to a Pleasure position with their brands.”
British supermarket chain Tesco and state-run China Resources Enterprise have quashed growing media speculation with the announcement of exclusive talks between the two majors to combine their Chinese retail operations and form what will become the biggest...
In data that has surprised many industry analysts by the speed of its growth, China’s packaged water consumption has been skyrocketing, to the point that the country poised to become the world’s biggest consumer.
Still drinks continue to attract new consumers in Indonesia and Coca-Cola Amatil was smart to expand its Minute Maid range with new flavour variants there last year, Canadean insists.
Manjushree Technopack, which works with Coca Cola, Pepsi and Bisleri Indian bottled water, has announced its FY14 Q1 results as it plans to build a second factory in Bangalore.
In spite of a lingering undercurrent of suspicions toward food made in China after a high-profile series of scares there, the country's domestic food and beverage production continues to grow.
Tesco has announced plans to combine its Chinese retail operations with consumer goods company China Resources Enterprise (CRE) in a bid to form the leading multi-format retailer in China.
Cadbury’s Indian arm has revealed plans to build the biggest chocolate plant in the Asia-Pacific region. The Indian plant, in Andhra Pradesh, will come at an investment of more than Rs1,000cr (US$163m).
A deluge of early monsoon rains is expected to help produce a bumper Asian rice crop this season, the United Nations Food and Agriculture Organisation has predicted.
In a country where demand for beans far outstrips supply, a new Nescafé’s coffee centre of excellence in the Philippines has been designed as a starting point to improve the quality and quantity of the local crop.
India is providing fertile ground for private equity and venture capital firms, judging by the high level of interest they have shown towards agri-business companies, which currently amounts to spending of US$126m over the first six months of 2013.
The head of SAB Miller’s JV in China says the firm should be gunning for a 30%+ beer market share as it seeks to consolidate its position as market leader, but major takeover targets are scarce.
North American producers once led the bi-orientated film market but the industry is mostly now in the hands of Asian owners, according to PCI Films Consulting.
Indian consumers have universally steered towards healthier breakfast options over the last decade and oat cereals have far outpaced other choices, Nielsen research shows.
Nestlé says its newly opened $238m soluble coffee factory in Vietnam will meet growing demand in the region, and will allow it to better adapt products to local preferences.
Gruppo Campari tells BeverageDaily.com that Australia is an historical heartland for spirit-based RTDs as it targets Asia Pacific growth by buying its first dedicated production facilities in the country.
GlaxoSmithKline’s (GSK’s) brands Lucozade and Ribena are tempting targets for Far Eastern trade players such as Suntory Holdings that wish to establish a bridgehead in the UK, says an M&A expert.
Carlsberg tells BeverageDaily.com that Indian consumers expect ‘bang for buck’ with higher alcohol beers, as it launches the world’s first fruit-flavored strong beer tailored to the nation’s tastes, Tuborg Booster Strong.
The Roundtable on Sustainable Palm Oil (RSPO) has given five of its Indonesian members 48 hours to submit satellite images of their plantations, as evidence that they are not responsible for the forest fires that have engulfed several South East Asian...
New Zealand’s Economic Development Ministry has released a report that suggests the country is on the way to becoming a major fresh fruit supplier to new markets in Asia.
Tetra Pak has teamed up with its parent company, Tetra Laval, and the government of the Republic of the Union of Myanmar to launch a school milk programme in the hope of improving milk consumption at critical growth ages.
With the bunting barely cleared away following Coca-Cola’s triumphal march on Rangoon earlier this month, the company’s local partner has already indicated more celebrations are on the horizon.
The impression I have always had when travelling abroad is that people overseas think of India as a Hindu-dominated country with a minority sprinkling of other religions. While that its true in essence, it is a fallacy when you talk in numbers.
Last month, Synergy, the Irish-owned flavours and ingredients company, opened a new manufacturing facility in Thailand, making it the latest in a long line of Western companies tapping the country as a major outpost.
The EU is likely to backtrack rapidly on sanctions to stop cheap Chinese solar panel ‘dumping’ in the bloc, given alarms that possible tariffs on wine exports would hurt a ‘terminally stagnant’ French economy.
Western Australian researchers hoping to demonstrate improved cardiovascular function among coffee lovers have found that drinking too much of the brew may actually be linked to worsening of the metabolic syndrome.
The chairman of Taiwanese food and drink major Want-Want has topped the Forbes Taiwan rich list for the second year running on the back of a booming snacks business in China.
Export expansion has boosted Manjushree Technopack's full year figures, as the Bangalore-based plastic packaging manufacturer adds to capacity with two newly built factories.
According to a new report by market researcher Mintel, China’s fast food and takeaway market is expected to reach RMB1.8tn (US$294bn) by 2017. The increase, it says, will be largely bolstered by rising economic power in lower-tier cities.
The number of wealthy Indians choosing organic food products has grown threefold over the last five years, according to a survey by the Associated Chambers of Commerce and Industry of India (Assocham).
Despite runaway spirits growth in Asia, 20% of global brands do not have a Chinese website, and mobile sites tend to lack investment, but Hennessey and Johnnie Walker are strong in key markets.
Yesterday, we looked at how energy drinks, in spite of their small market size, have been enjoying an effervescent year of growth in Asia, to the point the continent now accounts for two out of every five litres sold.
Even though energy drinks forms the smallest category of soft drink consumption in Asia, one industry research company has hailed it as the most dynamic.
Heineken has signed a JV to produce and sell Heineken beers in Burma (Myanmar), and plans to build a $60m brewery there, following Carlsberg, Coke and Pepsi into the country.
Last year, China was once again led the world in alcohol consumption, having swigged through more than 59bn litres of alcohol, according to market research firm Euromonitor.
Carlsberg CEO Jorgen Buhl Rasmussen says the firm is currently less concerned with building Asian margins than securing growth in a key region, particularly in markets such as China and India.
Consumers in New Zealand are spending more on healthier and ethical chocolate variants - a move that has aided growth in the burgeoning sector, an analyst says.
