A Chinese food giant has emerged as the leading contender to buy United Biscuit’s (UB’s) KP Snacks business, according to the state-owned China Daily newspaper.
The Philippines has emerged as a top destination for US food and beverage manufacturers, says the US Department of Agriculture’s (USDA) Foreign Agricultural Service (FAS).
The Australian Food and Grocery Council (AFGC) has called on fast action to be taken to reform the country’s food processing sector in light of a recently published Senate report.
With fish consumption rates soaring and wild fishing stagnating, efforts must be pumped into the sustainable growth of aquaculture, a new report suggests.
Heineken has struck an agreement with the board of Fraser and Neave (F&N) to acquire the latter’s interest in Asia Pacific Breweries (APB) for over S$5.1bn, as one analyst told BeverageDaily.com that the Dutch brewer was paying over the odds to ensure...
Snacks and soft drinks brand owners looking to build traction in Indonesia should target local convenience stores amid a soaring trend for young, wealthy consumers to socialise in this retail space, Euromonitor says.
Indian spirit imports will soar to five million cases or 55m litres by 2015, says the Associated Chambers of Commerce and Industry of India (ASSOCHAM).
Manufacturers must refocus efforts on Tier III and IV cities in China and delve into e-commerce to re-ignite consumer spending in the fast moving consumer goods (FMCGs) sector amid a slow, according to analysts.
Wine makers in New Zealand are planning to use an “influence the influencer” strategy in an aim to increase their market share in China’s booming wine market.
Religious and cultural values in Asia combined with food safety concerns in the EU and US has spurred Chinese ingredients firm Fenchem Biotek to develop vegetarian softgel supplements.
The unique flavours of Filipino foods should captivate the global market and underpin a surge in exports, according to the Philippines’ Department of Trade and Industry (DTI).
US premium alcohol specialist Winery Exchange has struck up a partnership with a local Chinese food and importing company in a bid to cash in on the lack of brands in China’s wine market, the MD said.
PepsiCo and its snacks arm Frito-Lay has opened a news snacks factory in Wuhan, China to expand further into central and western parts of the country by catering to local tastes.
Emulsifier and stabilizer specialist Palsgaard has commenced work on its US$30m production plant in Malaysia; chosen for its raw material access and strong logistics, the CEO said.
Indonesian herbal drug specialist Dexa Laboratories will push its natural diabetic product into European and wider Asian markets, following success in its domestic market.
PepsiCo is pumping more than 50 new products into India’s dynamic and surging snacks sector but it needs to be sensitive to localised differences to secure stable growth, according to an analyst.
India’s bottled water industry is poised for stark growth pushed by pure drinking water shortages and a rising awareness of water-related health issues, a new report said.
This week’s Food Ingredients Asia-China (FIC) expo in Shanghai had ‘Asia’ in its name but don’t be fooled by the moniker – this is very much a Chinese show (at least on the exhibitor side); and a vast one that demonstrates the variety, volume and sheer...
Belgian bakery ingredients firm Puratos has a new manufacturing and innovation centre in China that will be dedicated to developing products for the local Asian taste requirements.
For someone more acquainted with ingredients expos in Europe and the US, walking around the vast halls of Food Ingredients Asia-China (FIC) in Shanghai today made me realise what a small percentage of the continent's nutrients industry fills those...
US-based confectioner Hershey has announced plans to open a new factory in Asia as it embarks on a ‘five core brands’ strategy to realise potential in selected emerging markets.
Indian herbal extract specialist Olive Lifesciences is targeting the South American region with its marigold-derived food colouring, as demands in Mexico, Peru and Chile outstretch local production.
India’s nutraceutical market is booming, but food manufacturers will have to pay heed to growing trends of fortification and customisation to truly unlock the value, a white paper has said.
Vitafoods Europe 2012 is a good place to come face to face with business in Europe’s lucrative health and nutrition market, according to Chinese firms exhibiting in the China Pavilion.
India is embarking on ambitious plans to increase its spice exports, further increasing its domination of the world’s spice trade, experts from the sector said.
Clean label starches and phosphate replacers are the key focus for UK ingredients firm, Ulrick & Short, as it enters the Asia Pacific market for the first time via a distribution partnership in Thailand.
Vitafoods Europe saw 12% more attendees (11,594 ) pass through its doors in Geneva this year with show producer Informa casting its eyes forward to the second edition of Vitafoods Asia in Hong Kong in September.
Food major Future Group has announced that it has inked a deal with rice processor LT Foods that includes the setting up of the latter’s new facility at the group’s new food park.
Vitafoods Europe 2012 in Geneva attracted companies from all over the world, including Asia, with three dedicated pavilions to China, India and Korea housing smaller ingredients firms from each market.
Chinese online supermarket giant, Yihaodian, is set to launch wines from New Zealand, France and the US on its site – offering a complete business solution for new international entrants, according to a market expert.
Asia’s functional food market is still a new target area for pharmaceutical firm Vésale Pharma and working with regional agents will prove essential in gaining traction in the market, according to president.
A local Chinese company has developed a curcurmin ingredient for the global market but a sales representative told FoodNavigator-Asia at Vitafoods Europe that India is a strong competitor and Europe is a difficult market to penetrate.
A mature palm oil market and scarce land for expansion in Malaysia means Indonesia is set to underpin increased production due to its considerably younger profile, a Rabobank report suggests.
Thailand is set to economically merge with its geographical neighbours by 2015, but its food industry will withstand economic pressures and flourish over the next decade, the head of the country’s top food institute said.
In a first, a Thai food major is taking its operations across the Indian Ocean to Africa, hoping to capitalise both on available resources and rising consumption in the region.
