Beverages
China still world’s thirstiest country, Apac sees stagnant growth
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.
Archives for May 6, 2013
Market research
More Americans than Aussies prefer Australian-made products
While it is well known that Australians claim to favour locally produced goods, more people in the US are likely to opt for brands with a Made in Australia label on them.
Asian margins matter less than growth in key markets, Carlsberg CEO
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.
CCA boss defends Aussie Coke prices after blistering Coles attack
Coca-Cola Amatil (CCA) MD Terry Davis has responded to an attack from the CEO of retail giant Coles, who claims that Coca-Cola costs Australian consumers too much at a 60% price premium over Asia.
Research
Kiwi blackcurrants can reduce mental fatigue
New Zealand’s blackcurrants can help stressed executives manage their busy work days, early research suggests.
Cargill starts construction of $100m Indonesian cocoa processing plant
Ingredients supplier Cargill has broken ground on its first cocoa processing facility in Asia located in Gresik, in the East Java region of Indonesia.
Commodities
World waits to learn the impact of China and India’s rice market surge
The recent rise of India as a rice exporter and of China—somewhat unexpectedly—as an importer is paving the way for increased uncertainty to the global market for the crop, according to one expert at the International Rice Research Institute (IRRI).