Breaking News on Food and Beverage in Asia Pacific |
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Asian bird flu is back in the headlines again this week, after a woman in Thailand died from the infection H5N1. Medical experts believe that the death was caused by human contact, a fact that could force a re-think over regulations to contain the spread of the disease on poultry farms.
China's beer market - the biggest in the world - is continuing to consolidate into the control of just a handful of major companies, but while international brewers have certainly been quick to stake their claims, there are still a number of home-grown brewers with strong market positions.
Vietnam is banking on burgeoning tea exports to Russia, earmarking it as a primary market for the future. With exports growing at 30 per cent in the last year, the Vietnam Tea Association (VTA) wants to push total exports up to 15,000 tons by 2010.
Tetra Pak, the European packaging giant, has inaugurated a new liquid food packaging plant in Beijing this week, the latest step in its bid to profit from the rising Chinese interest in dairy products.
Philippines-based company PCI Worldwide is investing P27.6 million (€400,000) into the production and export of carrageenan, a gum that is derived from red seaweed and is commonly used as an additive in the food industry.
US companies Walmart and Heinz are both in the throes of expanding in the China market, while the country's biggest fats and oild company, Fengyi, makes its first entry into the North-Western market.
Danish brewer Carlsberg has acquired a 34.5 per cent stake in Wusu Brewery, located in the Xinjiang Autonomus region. The move represents Carlsberg's ambitions to increase its presence in the less developed Western provinces.
With coffee sales in China growing by 90 per cent in the five years up to 2003, international companies are queuing up to carve up their slice of a market. Although tea is still the mainstay, the rapid switch to all things western means that coffee looks set to rival the national drink in next to no time.
Poultry producers across the Asia Pacific region have been told by the World Organisation for Animal Health and the UN Food and Agriculture Organisation that the avian influenza epidemic in Asia is a 'crisis of global importance' and will continue to be an issue of concern to the international community.
Global prices for ingredients such as soy and wheat are still vulnerable to increases as global harvests could be impacted by weather risks and generally low stocks, something that will inevitably hit the China market hard as it is increasingly turning to imports to feed demands.
InBev has acquired the remaining 50 per cent of Lion Group's beer business in China $131.5 million. The move gives the leading international brewer a 100 per cent controlling stake in the business, further enhancing its operations in the growing China market.
China's food industry grew by 26.2 per cent in the first six months of this year. And despite rising power and ingredients prices, The China National Food Industry Association says that continued economic strength, backed by strong food sales should mean that the industry will achieve year-on-year growth of 20 per cent.
The UN's World Health Organisation (WHO) urges countries across the globe to improve ways they can respond to potential threats to the food supply.
A new report suggests that while the benefits of sourcing in China outweigh the additional logistics costs, western companies must still be prepared to deal with significant procurement and sourcing issues if they are to prosper.
Wine made from the Chinese herb wolfberry - long associated with a variety of health benefits including its use as a preventative against diabetes and impotence - is in line for a marketing push after receiving UK investment.
China's soft drink industry continues to boom, with market analysts Canadean estimating that continued growth now means annual production is in excess of 20 billion litres. And with retail prices continuing to fall and expendable income growing, the rise is expected to be maintained.
Australia's food watchdog reassures consumers on the safety of a genetically modified corn refined for use in a range of food products after new research sparks rumours.
Singapore-based QAF limited, one of South East Asia's leading food companies, has said that its wholly owned subsidiary, Singfood Investment has entered into an agreement with Mega Ocean Holdings to acquire a 27 per cent stake in China Delisi, one of China's leading meat processors.
SABMiller's Chinese joint venture, China Resources Breweries, has acquired the Chinese brewing interests of Australian-based Lion Nathan, which entails three breweries in the populous Yangtze River Delta Region. After losing out to Anheuser-Busch in the battle for Harbin earlier on this year, the investment will be seen as vital to the company's efforts to boost its presence in the China beer market.
The World Health Organisation met in Beijing this week to discuss key threats to the safety of the world's food supply chain, including a number of issues specific to the Asian Pacific region.
The region's news round-up includes details about Nestle's expanding news production in Inner Mongolia, 'healthy' bread boosting bread sales for Gardenia in Malaysia as well as plans for China and Vietnam authorities to combine forces in order to progress food production and processing in Yunnan province and Northern Vietnam.
American Dairy, one of the leading manufacturers of milk powder products in China, has completed its new soybean powder mill - a move that firms up its presence in the all-important soybean processing sector.
The consumption of baking mixes in the Asia Pacific region may be low, but a rash of new launches on the market suggests that all that might be set to change, as time-starved households move towards quicker, easier alternatives.
AXM Pharma has become the supplier for food grade multivitamins produced by Supplement Sciences, which will henceforth be marketed under the Sunkist brand.
Western food manufacturers need to target the masses as well as the economic elite if they are to truly take advantage of an expanding market.
Major international brewer InBev says that the rapid growth of its interests in the China market have been one of the key factors that has helped it achieved a 5.5 per cent growth in its net profits for the first six months of the year, despite overall volumes in the Asia Pacific region falling and a lack lustre performance in Western Europe.
New Zealand Milk is installing customer relationship management (CRM) software in 22 operating companies across 18 countries.
Last year's drought conditions had most Australian dairy producers fearing the worst for 2004, but a new report suggests that the situation for all four main dairy product categories - yoghurt, cheese, drinking milk and dairy spreads - is likely to be much better than had previously been expected.
For the fifth year running, Unilever has topped the Dow Jones Sustainability Index (DJSI) in the food production category, an assessment that could prove lucrative.
International brewery giant Anheuser-Busch is predicting double digit returns for shareholders this year, citing strategic growth in the booming China market as one of the main reasons.
China's booming manufacturing sector is facing up to some tough realities caused by the incredible speed of its expansion. As a result power shortages are now a significant problem for many in food and drinks businesses, which is leading to production disruption.
In Asia rising meat consumption is being fed by an increasing number of highly refined and processed product launches. A look at the Mintel's databases reveals that pâte, meat balls, cheese-filled hotdogs are all on the menu.
Polish food oils manufacturer Elstar Oils has confirmed that it is starting a joint venture company with the Malaysian palm oil giant Premium Nutrients Berhadze.
China's massive drive to reduce the damage done by vitamin and mineral deficiency, particularly to children, is paying rich dividends for its economy, say children's charity UNICEF and the Chinese Ministry of Health.
Both Tsingtao and Philippines-based San Miguel are in the process of starting up drinks production facilities in southern China, while the Coca Cola company has denied allegations that its products sold in the country contain drugs.
The Vietnamese Ministry of Agricultural and Rural Development has said that it is working with Australian authorities in an effort to reduce waste caused during the production and harvesting of temperate fruits.
The consumption of chilled foods in China has been limited by a lack of refrigerators. That is until the last few years, when rising incomes and the increasing every day use of cooling equipment has started to bring about a dramatic shift in the eating patterns of the average Chinese family, as the latest report from Access Asia testifies.
Cargill Health & Food Technologies has said it will enter the arachidonic acid (ARA) business through a new joint venture agreement with Wuhan Alking Bioengineering, the leading ARA producer in China serving the Chinese infant formula business.
Japanese technology developer Mediaseek says it has established a joint operation aimed at stamping out the widespread problem of counterfeit food and beverages in China.
With retail sales of yoghurt set to continue significant growth this year in the Asia Pacific region, the number of niche launches, particularly those focusing on health-giving qualities, is on the increase, as the latest look at the Mintel database confirms.
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