New Zealand sees decrease in sheep numbers
Sheep numbers in New Zealand have dropped 3.2% to 29.8m in the year to 30 June 2014, according annual data from Beef + Lamb New Zealand’s (B+LNZ) Economic Service.
Archives for August 12, 2014
Global Halal market to hit $1.6tn by 2018
The global Halal food market will be worth US$1.6tn by 2018, up from US$1.1tn in 2013, according to a report commissioned by Dubai Chamber of Commerce.
Cash rich and time poor, more Australians opt for ready meals
The number of Australians opting for frozen or chilled ready-meals continues to grow, according to new figures from Roy Morgan Research.
Agthia shows 21% profit growth despite food division loss in H1
Abu Dhabi’s Agthia Group announces a first-half profit of US$28.5m, up 21% year-on-year, but says its consumer food division lost US$3.9m in the period.
Mazola eyes major growth after factory upgrade
Following a major manufacturing upgrade, Mazola in the Middle East is targeting 25% growth in sales over the next two years, and plans to extend its range of products.
Australia
Virtual bottleshops see steady growth as more Aussies buy online
Amid news that online shopping while under the influence of alcohol is now a recognised phenomenon, a growing number of Australian adults are using the internet to buy alcohol.
India
Having parted from Auchan, Max now joins Spar to open 30 Indian stores
Max Hypermarkets will introduce 30 Spar hypermarkets in India after the retailer signed a partnership agreement with the Netherlands-based retailer.
Australia
FTAs crucial to Australia’s agribusiness future
Australia must give priority to inking more Free Trade Agreements (FTAs) if it has to secure its agribusiness future, according to a new report by global agribusiness specialist Rabobank.
Inspired by beauty jellies - Laboratoire PYC develops anti-ageing supplement for Asian skin
France-based Laboratoire PYC has expanded its range of nutricosmetics with an anti-ageing nutritional supplement based on a new on-the-go powdered concept.
GCC ‘key market’ for NZ agribusiness – report
The Gulf Cooperation Council countries are key markets for New Zealand’s agriculture industry, and firms should be targeting them as a priority, according to a Rabobank report.