Breaking News on Food and Beverage in Asia Pacific |
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US soft drinks giant Pepsi opened its first research and development centre outside the US in Shanghai yesterday, signaling its commitment to the fast-growing Chinese market.
Sales of crackers, cookies and breakfast cereals are rising fast in Indonesia thanks to higher incomes and the large and growing population.
Thailand's chicken processors say they will soon recover their export sales, badly damaged by the bird flu crisis, by offering their international customers premium, cooked products.
The rise in Muslim purchasing power and growth in consumer-led movements will give Asian food makers with halal certification access to new markets, believes a halal industry expert.
The world's biggest instant noodle maker, Indofood, said yesterday that its 2005 net profit fell 68 per cent on the prior year to IDR124 billion (€11.4m).
Uni-President, Taiwan's biggest food group, is looking for private equity to allow it to expand further in the Chinese beverage sector, according to a report.
The Chinese arm of US food giant Heinz said this weekend that its latest tests confirm once again that its baby cereal products marketed in China contain no genetically modified (GM) ingredients.
Food and beverage firms making premium products will cope best with the current surge in price of both Chinese and imported sugar, with higher margins to cover the rise in costs.
The not-for-profit group GAIN will launch 10 new projects to supply vitamin-enriched food to developing countries in Asia, it said yesterday.
New Zealand's DB Breweries launched its first ready-to-drink beverage (RTD) yesterday in a bid to expand its business.
Australia's biggest listed food company Goodman Fielder is on the acquisition trail, with room to spend up to A$400 million (€237.3m) on its expansion, said chief executive Peter Margin yesterday.
The American xanthum gum maker CP Kelco has completed its purchase of China's Shandong Gold Millet Biological Products, paving the way for its expansion into the local and surrounding markets.
US-based Novelis said yesterday that it will add an extra 100,000 tons capacity to its majority-owned Korean aluminium plant over the next two years.
An overhaul of China's tax regime should boost the bottom line of the country's spirits producers thanks to a cut in the consumption tax normally levied on hard alcohol.
Chinese consumers are choosing to eat out on a regular basis, suggest new figures released by the government yesterday.
The Australia and New Zealand food regulator has approved the use of medium chain triglycerides for the production of vitamins in infant formula, an allergen-free alternative to commonly used vegetable oils.
An RFID tracking system designed to slow the spread of avian flu will be tested this month by China's poultry industry, currently facing flagging demand and low prices following several outbreaks of the disease in different provinces.
Dynasty Fine Wine Group, one of China's top three wine makers, is set to increase its production capacity to 50,000 tons this year, to meet fast-rising demand for the drink in an increasingly affluent population.
Malaysian trade officials may set up a new agency to oversee halal food governance, as the country seeks to play a greater part in the fast-developing halal food sector.
Australian dairy group National Foods has signed an agreement to buy the specialty cheese maker Lactos from France's Bongrain.
The US government is set to open free trade talks with Malaysia, predicting that an agreement could double exports of American goods, including food, to the country by 2010.
A guide to help the food industry understand new country of origin labelling rules, set to be launched in Australia this June, has been unveiled by the country's health minister.
Residues from star fruit, a waste product from the juicing process, is a rich source of extractable antioxidants, says research from Singapore.
Chr. Hansen has developed a new dairy culture specifically designed for making dahi - a traditional ethnic yoghurt consumed in India.
Ginger could help protect against kidney damage, a condition said to threaten one in three diabetics, if the results of an animal study published in Food Chemistry are also seen in humans.
China has launched an inquiry into benzene in soft drinks after authorities in the UK and US found drinks containing benzene above the countries' legal limits for drinking water.
Pomegranate peel yields double the amount of antioxidants than the pulp, and has 'more potential as a health supplement' claim Chinese researchers.
Drinking more than two cups of green tea a day could cut the risk of dementia by half, claims a population-based study of elderly Japanese subjects.
Tetra Pak has rolled out it's A3/Flex packaging line worldwide, claiming no other carton packaging line around can offer food producers the same versatility.
Tension escalated this week over bird flu, after France criticised other countries for banning its poultry and a new report warned of a "steady erosion" in global consumption and prices this year.
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