The research team concluded that consumer acceptance could pose more of a challenge than technological and scientific limitations A Zurich University study found that the main obstacle to cultured meats is consumer fears that the alternative protein is unnatural. The research team said it hypothesised that lab-grown meat was perceived[Read More…]
Company News
Herbalife launches $90M fund to accelerate China growth
The company claims that it has adopted a different business model in China. American nutrition supplements company Herbalife Ltd. has created a China Growth and Impact Investment Fund to accelerate growth of its business in China. The RMB600 million ($90 million) fund will focus on five key areas: new acquisitions[Read More…]
India leads the packaged tea market in 2017, followed by China
While India is the leading market for retail volume sales globally, Turkey takes the lead when it comes to per capita consumption. According to a research by market intelligence agency Mintel, India was the world’s largest packaged tea market in 2017, consuming a total volume of 678,200 tonnes worth of packaged[Read More…]
Rising demand for OPO in China’s formula market
A growing body of scientific research is behind the popularity of OPO in China’s infant formula market A growing body of scientific research is behind the popularity of OPO in China’s infant formula market, according to Advanced Lipids, one of the leading providers of the ingredient. OPO, also known as[Read More…]
AB InBev’s ZX Ventures opens craft brewery in China
The facility represents AB InBev’s first dedicated craft beer facility in Asia. AB InBev’s venture capital division ZX Ventures has announced the opening of a new craft brewery in Wuhan, China in order to tap into the growing market for premium beers in the country. The facility represents AB InBev’s[Read More…]
I-Mei Foods signs agreement with Lohas Biotech
The agreement was signed and exchanged between I-Mei Foods General Manager Luis Ko and Lohas Biotech Chairman Jian Ming-ren. I-Mei Foods and Lohas Biotech jointly hosted a press conference in Taipei to sign an agreement for future cooperation on development of food products made from the Shampignon mushrooms. The agreement[Read More…]
Higher dangers connected with overweight What’s more corpulence for Asia.
According to the World Health Organization, individuals with body mass indexes (BMIs) of 25.0 kg/m2 to 29.9 kg/m2 are considered overweight and BMIs of 30.0 kg/m2 and above are labelled as obese Higher dangers connected with overweight What’s more corpulence for Asia. According to the World Health Organization, individuals with body mass indexes[Read More…]
Growth expected in the vitamin & mineral premixes market
The growth of this market is attributed to the growing demand for fortified food & beverage products, the rise in consumption of compound feed, the growing need for food enrichment due to high processing levels of food products, and customized nature & specificity to individual customer requirements. The vitamin &[Read More…]
ADM debuts innovation centre in Singapore
The 8,900-square-foot facility will serve as the gateway to consumers in Southeast Asia and enable ADM to work closely with consumers to create complete flavor and specialty ingredient solutions. Archer Daniels Midland Co. recently held a dedication and ribbon-cutting ceremony at its flavor and ingredient creation, application, development and customer[Read More…]
Ocado collaborates with Canadian retailer
Both brands will build a shared automated customer fulfillment warehouse in Toronto to serve customers. British online supermarket Ocado has partnered with Canadian retail chain Sobeys, in a move which will see Sobeys utilise Ocado’s ‘smart delivery’ system. Sobeys owns and operates 1,500 stores throughout Canada under various names, including[Read More…]
