Archives for August 6, 2014

China

China to claim second most valuable bakery and cereals market by 2018

The Chinese bakery and cereals market, which is already the world’s largest in volume, is set to become the second most valuable by 2018 as more urban dwellers consume pick-me-up snacks on-the-go. 

China’s biggest pork company WH Group succeeds in Hong Kong IPO

WH Group, China’s largest pork company and a major shareholder in Henan Shuanghui Investment & Development Co, which acquired Smithfield Foods for US$7.1 billion in 2013, has successfully floated on the stock exchange of Hong Kong (HKEx).

Nestlé wants all of its children’s range to meet the ‘60/40+’ criteria by the end of 2014

Ten years after introducing the 60/40+ initiative Nestlé aims for all of its foods and beverages for children to comply with the initiative’s criteria.