Swiss firm Nestle ranks second in terms of innovation targeted at Asia's emerging markets, claims a fresh 'business vitality' index from the Global Intelligence Alliance Group (GIA).
Doehler has opened a new applications centre in the Middle Eastern hub of Dubai, in a bid to tap the high-growth market and aid development of products to suit local tastes.
Symrise today inaugurated a new pilot plant for flavour encapsulation at its Singapore facility, which the company says is one more step in its expansion in the region.
Swiss chocolate company Barry Callebaut is to purchase a 60 per
cent share of Malaysia's KL Kepong Cocoa Products in a move
designed to increase its sourcing capacity in Asia.
Barry Callebaut reported increased sales volume for the first
quarter of this fiscal year as a result of a mounting trend for
food manufacturers to outsource their chocolate needs.
The world's leading spice manufacturer McCormick has bought
Epicurean International's portfolio of Thai cooking ingredients and
convenience foods for $97m (€77m).
Swiss biotech giant Syngenta has attributed a fall in reported
first quarter sales of 5 per cent, or 1 per cent in constant
exhange rates (CER), to a strengthening of the dollar.
Soft drink consumption is the principal factor behind the growth in
global drinks, with health playing an increasingly important role
in consumer choice.
The EU's food safety regulator has published an action plan to
prevent foot-and-mouth (FMD) disease from entering the bloc again,
calling for more controls on the import of animals, meat and meat
products.
Intense price competition from Asia for the common food additive
citric acid bites into European suppliers, with producer ADM
announcing plans to close its Irish plant.
Growing consumer awareness of the health benefits of soya
consumption is reinvigorating sales of soy drinks in south-east
Asia, according to a new report from OrganicMonitor. And while the
category is dominated by Asian manufacturers,...
Following the Avian 'flu crisis in Asia, a major UK food retailer
is already promising its customers that all its chicken products
can be fully traced. Are European consumers getting jittery about
chicken, and what effect could...
Thailand's tardy admission that its poultry industry is being
decimated by an outbreak of Avian 'flu brought forth a swift EU
response. A ban on Thai imports into the bloc was put in place
almost immediately.
Carrefour is to expand its business in South Korea and Japan, two
markets where the phenomenally successful retailer has struggled to
make money in recent years. But will the focus on different store
formats, better adapted to the...
While the major soft drink producers continue to innovate and
launch new products in saturated markets in the west, it is Asia
which is likely to power growth in the global soft drinks market
over the next five years, according to...
PT Unilever Indonesia plans to invest an estimated $500 million
(€512m) in the next 10 years in Indonesia, an official with its
parent company said Wednesday, Dow Jones reports.
Cargill has sold 55,000 tonnes of Thai raw sugar to Russia, the
world's top sugar importer, for January shipment at undisclosed
prices, trade sources told Reuters on Thursday.
Effective control of the global threat of Foot-and-Mouth Disease
(FMD) requires a concerted international strategy to combat and
control it at the source, including in particular more assistance
to the developing countries where the...
