News & Analysis on Food & Beverage Development & Technology
Major Chinese dairy firm Mengniu saw its total revenue grow 14.7% to RMB$68.9bn (US$10.2bn) last year. However, its performance still paled in comparison to its top competitor, Yili.
Asahi-Nutifood — the joint-venture firm consisting of Asahi Group Foods and Vietnam Nutrition Food JSC (Nutifood) — has announced the launch of its new range of infant and maternal formula products for the Vietnamese market.
Nestle has signed a strategic agreement with Microsoft to collaborate towards the digitalisation of its business in China, with an eye on expanding this into the global market in future.
Coca-Cola Amatil has announced plans to extend operations of its Amatil X start-up accelerator platform into Indonesia, with a focus on areas such as sustainable packaging and distribution optimisation.
A new carbonated beverage with added vitamins, iron and other nutrients, and which claims to improve skin health, has been introduced to the Japanese market.