Changes in consumer tastes offer crucial GCC investment opportunities
Food and beverage manufacturers must keep on top of the Gulf’s fast-changing tastes, workforce trends and government zeal for healthy diets.
Archives for August 22, 2017
China
New Hope in line for Moy Park takeover
China’s biggest chicken supplier has been linked to a potential acquisition of Britain’s Moy Park.
Cinnamon supplements alleviate metabolic syndrome in Asian Indians: RCT
Regular cinnamon supplementation counters all aspects of metabolic syndrome in Indian adults, according to a trial led by the University of Delhi.
UAE sin tax set to double price of energy drinks from October
The UAE will impose a sin tax on soft drinks and energy beverages from October 1 to “help build a healthier and safer society”.
Coca-Cola Amatil eyes up potential of Coca-Cola No Sugar
Coca-Cola Amatil says it has been a ‘challenging’ first half for its Australian business, but highlights the potential of new products such as Coca-Cola No Sugar.
Project to safeguard Qatari commodity supplies gets finance
Qatar Islamic Bank has backed Doha-based contractor Al Jaber Engineering to construct a 530,000 square-metre “food-security” facility at Hamad Port to meet local demand for sugar, rice and cooking oil.
UAE consumer F&B spending continues rapid ascent
Consumer spending on food and non-alcoholic beverages amounted to almost US$25bn last year, according to Euromonitor International.
India
FSSAI gets involved in Indian culinary tradition
India’s food regulator is developing a recipe archive to preserve the country’s food heritage, as part of a number of initiatives that include setting up cuisine hubs and organising food festivals.
Agilent to add jobs and increase production in Singapore
Agilent Technologies is to invest S$85m (€53m) in Singapore to more than double production capacity.