News & Analysis on Food & Beverage Development & Technology
South Asia radius
Most food labelling in India shows an inaccurate representation of the salt that packaged products contain, a major study has found. The research comes at a time when growth in salt-related deaths in the country is surging.
Egypt’s Domty has released details of its forthcoming initial public offering (IPO), with plans to sell 49% of the company for up to US$144m.
Turkish food producer Pinar plans to grow its presence in the GCC with new facilities and products, building on the high market penetration of its labneh in the region.
Oman’s AATCO opens a new factory plant in Jeddah, as OFIC releases new details about its Dhofar dairy project, and the government considers investing in Iranian agriculture.
India
India's INR140bn (US$2.8bn) soft drink industry has called on the government to reverse an increase in excise duty on beverages.
Fiji bean-to-bar chocolate brand Fijiana Cacao hopes to enter Europe after rebranding and revitalizing the domestic cocoa sector.
Japan
Japanese researchers have devised a method to make one of the sweetest natural sweeteners even sweeter in a development that will be seen as a breakthrough at a time when consumers are moving away from sugar.
India
Baskin-Robbins India will now offer beverages in addition to ice creams after entering into an exclusive tie-up with fruit juice manufacturer Manpasand Beverages.
UAE food producer NFPC has broken ground on its new 752,000m2 Kizad factory, and revealed the first phase will be dedicated to its Lacnor, Oasis and Milco beverage divisions.
Fonterra has reduced its forecast farmgate milk price for the 2015/16 season by 6% from $2.80 (NZ$4.15) per kgMS to $2.63 (NZ$3.90) per kgMS.
US beef exporters are “bitterly disappointed” at Saudi Arabia’s continued ban of their products, even as other producers have bans lifted, according to a US Meat Export official.
Twelve weeks of supplementation with extracts of Aster spathulifolius Maxim may reduce body weight by over 4%, says a new study from Korea.
China's Sentai Foods is celebrating International Women’s Day by selling a gift box of its new range of pre-cooked meat snacks.
Egyptian food producer Faragalla will grow its milk, tomato and frozen vegetable lines this year, following US$200m of investment in 2015, its chairman told FoodNavigator.
India
India’s burgeoning ready-to-drink coffee market will be worth over US$480m by 2020 after seeing annual growth of 3.2% since 2015, according to a report by Mordor Intelligence.