August 2, 2024 | Australia

Transformation of Chinese wine market

China Customs data indicates a significant decline in China’s wine imports for 2023, with a 26 per cent decrease in volume and a 15.2 per cent decrease in value Australian…

August 1, 2024 | Company News

Ajinomoto Health & Nutrition partners with Shiru to develop sweet proteins

The companies plan to jointly develop a sweet protein to replace the sweetening power of sugar and other sweeteners with the benefit of moderating blood sugar levels, which is linked…

August 1, 2024 | Beverages

Tim Hortons announces partnership with UAE’s Union Coop

Currently, 300 Tim Hortons outlets are operating in the region, with the brand planning to continue expanding its footprint in the United Arab Emirates (UAE), Kingdom of Saudi Arabia (KSA)…

August 1, 2024 | Beverages

Reborn Coffee announces strategic venture with China’s Penglai Data Store

Strategic joint venture launches Reborn China to lead all master franchising and integrate cutting-edge AI technology in all store location Reborn Coffee, a leading speciality coffee retailer in the US,…

August 1, 2024 | Australia

CoCo Bubble Tea expands franchise partner support in Australia

Amid growing interest from Australian small business owners and bubble tea enthusiasts, the brand is offering CoCo Bubble Tea is launching a major expansion of franchise opportunities and support in Australia, to…

July 31, 2024 | China

IFF to open state-of-the-art centre in Shanghai

The Shanghai Creative Centre positions the company to capture a greater share of the Asian market IFF, a global leader in food and beverage, home and personal care, scent, and…

July 31, 2024 | Company News

Natural Ventures announces close of $100Mn fund to address food and water security

Natural Ventures, a venture capital fund with offices in the UAE and the Netherlands, completed the first close to focus on global food and water security Natural Ventures, an impact-focused…

July 31, 2024 | Company News

UAE’s Union Coop manages 161K+ digital orders in first half of 2024

The smart app offers several benefits to users, including promotional offers with discounts of up to 75 per cent and exclusive products not available in physical stores Dr Suhail Al…

July 31, 2024 | Africa

PepsiCo South Africa to sell Marmite, Bovril and Savoury Food Ingredients business 

The proposed acquisition demonstrates Lallemand’s ongoing commitment to the Southern African region Lallemand Inc (through its South African affiliate, Rymco Pty Ltd, trading as Anchor Yeast) has agreed to buy…

July 31, 2024 | Australia

Australian wine re-entering China drives export value increase

574 companies were exporting to mainland China in 2023–24, up from 115 in 2022–23 Australian wine exports increased in value by 17 per cent to $2.2 billion in 2023–24, the…