Mengniu to boost brand awareness with Disneyland deal
China's Mengniu dairy says it has been named the sole dairy supplier to Hong Kong Disneyland, as well as the American entertainment park's hotels.
News & Analysis on Food & Beverage Development & Technology
China's Mengniu dairy says it has been named the sole dairy supplier to Hong Kong Disneyland, as well as the American entertainment park's hotels.
Philippines-based Universal Robina will spend P5.6 billion (€87m) this year to expand its branded foods range and increase its presence in other Asian markets, URC president Lance Gokongwei told reporters last week.
Chinese dairies need to invest more in R&D to capitalise on future growth in added value products like milk drinks, cheese and yoghurts, advises a new report from consultants McKinsey.