News & Analysis on Food & Beverage Development & Technology
A consortium of industry big names, including General Mills, Coca-Cola, and Danone, has joined the China Food Tech Hub – a project aimed at partnering outstanding start-ups with major industry players to meet the ever-changing consumer demands in China.
Fonterra farmers in Australia participating in the company’s Fixed Base Milk Price will be paid a guaranteed price of A$6.80 (US$4.74) per kilogram of milk solids (kgMS) for a portion of their milk for the 2019/20 season.
The newest addition to Yowie, which aims to educate children about the animal kingdom and the environment, combines two bite-sized chocolates with a collectible animal toy and a puzzle piece that eventually creates a small world map.
The Asia Pacific region has emerged as a global leader in salty snacking markets and innovation, claiming four of the top five spots for salty snacks product launches last year.
Beverage giant Coca-Cola and New Zealand dairy major Fonterra have partnered in what has been deemed a Strategic Alliance in South East Asia, with the first range of products from this having just been launched in Vietnam under the Nutriboost brand.
Singapore start-up Nutrixin has launched its first functional beverage on the market, an apple peel essence containing five times the polyphenol content of conventional juices and 100 times more quercetin than a fresh apple.