Skyr is a fermented dairy product, similar to yoghurt. It is originally from Iceland, where it has been consumed for hundreds of years, but its popularity has spread worldwide recently thanks to its pleasantly mild taste, low fat levels and high protein content. Arla Foods Ingredients has developed a new[Read More…]
China
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…]
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…]
Chinese researchers use recombinant IFN against bird flu
The rapid development of poultry farming poses challenges to the prevention and control of infectious diseases. Scientists at the Institute of Microbiology of the Chinese Academy of Sciences, in collaboration with Qingdao Vland Biological Products Co. Ltd. and Qingdao National Animal Protection Engineering Technology Research Center Co. Ltd., have received[Read More…]
Syngenta to acquire Nidera Seeds
Nidera BV is a Dutch subsidiary which was originally acquired when COFCO bought 51% of the shares in 2014. Syngenta has entered into a binding agreement to acquire Nidera Seeds from Swiss agri-business and Chinese grains trader China National Cereals, Oils and Foodstuffs Corporation (COFCO). The Chinese-state owned food processing holdings[Read More…]
China infant formula maker to explore expansion opportunities
New rules from Jan 1 will likely push out players selling regular products, leaving the market wide open for reputable brands that are mostly present only in big cities. China infant formula maker Mead Johnson Nutrition, a transnational company, plans to explore expected opportunities to expand into third-and fourth-tier cities[Read More…]
Chinese researchers bring out a new rice variety
The rice is thought to have several health benefits, including being high in calcium. A team of scientists at Yangzhou University in China have developed several types of rice that can be grown in seawater, potentially creating enough food for 200 million people. Researchers have been trying to grow the grain in[Read More…]
Mead Johnson Nutrition puts focus on China
The company aims to invest more in the R&D sector and strengthening the supply chain management. Mead Johnson Nutrition, a global company focused primarily on infant and child nutrition, is planning to take a more proactive marketing strategy in China in the coming years. The company aims to invest more[Read More…]
CFS bans chicken and egg import from Free State
The CFS has contacted South African authorities over the issue and will closely monitor the information issued about avian flu. China’s Food Safety (CFS) authority has banned the import of chicken and eggs from the Free State with immediate effect. This is due to an outbreak of bird flu in the[Read More…]
