News & Analysis on Food & Beverage Development & Technology
Australia-based Cauldron Ferm has received funding from the Queensland Government to develop a first-of-its-kind precision fermentation facility in Mackay, which is expected to reduce costs and raise production capacity significantly.
Japanese dairy giant Meiji will invest USD28m into its US subsidiary to increase production capacity of its hero brand Hello Panda, aiming to raise overseas sales ratio to 10% or more by 2026.
The Asia Pacific functional beverage industry is increasingly seeing consumer demands for sugar reduction, label transparency and allergen aversion becoming commonplace.
There is no slow down in the interest around gut health in maintaining wellness across different life stages, especially set against the backdrop of Asia's ageing population.