Chinese tastes moving to cereals in spite of last year’s predictions
China’s bakery and cereal sector is expected to grow by almost US$15bn up to 2017 as this predominantly Western export continues to take hold in Chinese homes.
Archives for October 16, 2013
Fonterra: Asia behind global foodservice growth
The world’s biggest dairy company, Fonterra, believes that global foodservice growth is being driven by the emerging Asian markets, where it estimates the category will increase at around 13% per year until at least 2016.
Stevia Corp. inks deal with Korean food ingredients maker
With its eye firmly on the Korean food market, US-based sweetener major Stevia Corp. has inked a memorandum of understanding with Taekyung Nongsan, the Korean food ingredients manufacturer, to grow its business in the peninsula.
Iraq tipped by industry experts for future potential
Iraq has considerable untapped growth potential across all market sectors – despite its continuing political troubles, according to research organisation Grail Research.
Wine for cats launched in Japan
Cat lovers need never drink alone again thanks to Japanese pet supplement company B&H Lifes, which has developed a wine product for felines.