Flash Coffee will be officially launching in Surabaya, Indonesia in July 2023 Singapore-based tech-enabled coffee chain Flash Coffee has announced the successful completion of its Series B financing round led by White Star Capital, raising a total of $50 million following its latest closing. Existing investors including White Star Capital,[Read More…]
Beverages
Fonterra opens new centre in China for beverage innovation
Providing a new platform to explore the diverse use of Fonterra products in beverages Fonterra, headquartered in New Zealand, has established a fifth application centre in China but unlike the other four, the newest one is focused on beverage applications. It is based in China’s southern city of Shenzhen and[Read More…]
Indian FMCG brand Dabur makes additional investment of Rs 9.68 B in Nepal
For capacity enhancement and diversification of products Indian fast-moving consumer goods (FMCF) company Dabur has decided to make an additional investment of Rs 9.68 billion in Nepal. The Investment Board Nepal and Dabur Nepal have signed a Memorandum of Understanding for the construction, operation, and management of capacity building and[Read More…]
Starbucks announces launch of innovative line of coffee beverages in Japan
Japan is Starbucks third global market to introduce Oleato beverages American multinational chain of coffeehouses Starbucks has announced the launch of an innovative line of coffee beverages called “Oleato” an innovative alchemy of Starbucks finest arabica coffee infused with Partanna extra virgin olive oil at more than 60 select stores across Japan[Read More…]
Adelaide to be home to world-first no and low alcohol wine research facility
The NOLO industry is extremely strong in Australia and growing year by year The University of Adelaide in Australia will be home to the world’s first trial-scale research facility for no and low alcohol (NOLO) wine. The project has been supported with a $1.98 million investment from the Government of[Read More…]
Informa Markets” bolsters cooperation, announcing the launches of the 30th “ProPak Asia 2023” and “FI Asia 2023
MICE market is expected to grow after the full-scale ease of COVID-19 restrictions, focusing on drawing over 50 percent foreign exhibitors of cutting-edge innovations Informa Markets Thailand announced the launches of two major events this year – “ProPak Asia 2023” on June 14–17, 2023, and “FI Asia 2023” (Food Ingredients[Read More…]
Singapore’s Nutri-Grade labelling influences consumers to make healthier choices: Study
Consumer choices in an experimental online grocery store indicate the likely impact of a new labelling system in Singapore Singapore’s new mandatory labelling system—called Nutri-Grade (NG)—is likely to encourage consumers to purchase beverages with lower sugar content, suggests a trial by researchers at Duke-NUS Medical School. Instituted by the Singapore[Read More…]
Japan’s Sea Vegetable Company unlocks applications of seaweed as food ingredient
Sea Vegetable has succeeded in crossing seaweed and fermentation to create seaweed kombucha Sea Vegetable Company, a startup culturing seaweed in Aki, Kochi Prefecture, Japan, has announced the launch of Re-seaweed brand and will release its product “Aonori Shoyu” (seaweed sauce) on March 20 simultaneously in Japan and overseas. Re-seaweed is the brand name of[Read More…]
Yakult introduces Nutri-Grade B drink in Singapore
The latest addition will be on shelves with a retail price of SG$ 3.70 per pack Yakult Singapore, a brand well-known for its premium probiotic cultured drinks, has launched its next biggest product, Yakult Gold. This new line of drinks catering to health-conscious consumers that are concerned about their sugar[Read More…]
Vinamilk proudly announced two of its products, Vinamilk Green Farm and Vinamilk 100% Organic
Vinamilk Green Farm and Vinamilk Organic have been awarded the prestigious Clean Label Project (CLP) certification from the U.S. The Clean Label Project (CLP) is a US-based non-profit organization conducting tests and evaluation of products with a series of strict criteria on residues of heavy metals, microplastics, as well as[Read More…]