The supply of cell lines is expected to be a bottleneck in the growth of cultivated protein, Roslin Tech offers a critical solution for building Nutreco’s potential future “cell feed” proposition. Nutreco announced it has taken a minority share in Scotland-based Roslin Technologies Limited (“Roslin Tech”) in the company’s recently[Read More…]
Company News
Tachiz Group-Bringing Delicious and High Quality Customizable Popping Boba to The World
Tachiz Group takes pride in using selected natural ingredients and its rigorous testing process to ensure the highest quality of its popping boba before reaching the stores. Specializing in producing the fun and tasty popping boba, liquid-filled bubbles of fruit-flavored juices bursting with deliciousness, Tachiz Group is excited to bring[Read More…]
Yum China Reports Third Quarter 2022 Results
Yum China Holdings, Inc. reported unaudited results for the third quarter ended September 30, 2022. Total Revenues grew 5%; System Sales grew 5% in constant currency, despite temporary closuresDelivered $316 million Operating Profit, representing 77% growth, through strong execution Opened 621 net new stores year-to-date, on track to meet full-year net new store target[Read More…]
Morinaga Milk Industry announces the commencement of local production and sales of Morinaga Milk-branded products in Vietnam
Vietnam is one of the countries with the highest growth potential leading up to 2050, with a population of about 98.5 million (2021) and a projected economic growth rate of around 6% from 2023 onward, according to the World Bank. In particular, the yogurt market is growing at an average[Read More…]
CP Foods received a Highly Commended in Sustainability Award from SET Award 2022
The company is dedicated to delivering high-quality and safe foods to ensure food security as well as developing innovations and modern technology to achieve long-term growth and promoting best practices on human rights throughout the supply chain. Charoen Pokphand Foods Public Company Limited (CP Foods) received a “Highly Commended in[Read More…]
Azelis partnership with Symrise and strengthens the food & nutrition presence in India and Indonesia
Symrise specializes in creating inspiring flavor ingredients and solutions and is recognized for its taste balancing options and natural ingredients that meet consumer demands and market trends. Azelis, a leading global innovation service provider in the specialty chemicals and food ingredients industry, is delighted to announce a new partnership with[Read More…]
International Experts Recommend Nuts and Dried Fruits as Part of a Healthy Diet
The International Nut and Dried Fruit Council hosted a historic meeting of global health researchers, where diabetes was defined as a key topic for investigation The world’s leading researchers gathered for NUTS 2022 to discuss the current and future of health research on nuts and dried fruits. NUTS 2022 was[Read More…]
Yili Recorded a Total Revenue of RMB 93.9 billion over Q1–Q3 FY2022
Yili manages to maintain solid growth amid the pandemic demonstrates the dairy giant’s strong resilience. Both Yili and the industry will expect rapid growth as soon as the macroeconomic environment recovers. Yili Group recorded a total revenue of RMB 93.861 billion (USD 12.94 billion) over the first three quarters of[Read More…]
Bord Bia – Irish Food Board exhibited at the Food Ingredients Asia trade show in Bangkok
Bord Bia introduced European dairy products from Ireland to Thailand distributors, importers, and media representatives. To coincide with FI Asia, Bord Bia – Irish Food Board hosted a Sustainable European Dairy from Ireland Trade Seminar on October 6th. The seminar offered expert insights on how quality, safety and sustainability are[Read More…]
Barry Callebaut introduces the second generation of chocolate
Barry Callebaut, the world’s leading manufacturer of high-quality chocolate and cocoa products, announced more than 140 years after the emergence of the first generation, the introduction of the second generation of chocolate. Barry Callebaut redesigned the making of chocolate – known as the Cocoa Cultivation & Craft principle (CCC) – to recognize the[Read More…]