This news follows BlueNalu’s recent acceptance into the UK Food Standards Agency’s novel foods regulatory sandbox and growing indicators of consumer interest in the region BlueNalu, a global leader in cell-cultivated seafood, announced the expansion of its strategic partnership with Nomad Foods, Europe’s leading frozen food company, to support the[Read More…]
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CoCo Bubble Tea announces new openings in Southeast Asia
CoCo will open the first store in a multi-store franchise in Kuala Lumpur, Malaysia, with the remaining locations opening later in 2025 Leading tapioca tea brand CoCo Bubble Tea is announcing new store openings in Malaysia and Cambodia later this spring. Along with the new locations, CoCo will seek to further customise[Read More…]
Indonesia’s Flash Coffee secures $3Mn in funding to accelerate growth
The capital will be used to fuel Flash Coffee’s growth trajectory, supporting its goal of surpassing 70 stores across Indonesia in 2025 Flash Coffee, the Indonesia-based coffee chain, announced an additional $3 million in funding to fuel its expansion across the country. The round was led by TA Ventures, a[Read More…]
Australian wine exports rebound on China reopening, but global markets remain fragile
The disconnect between value and volume growth reflects a sharp uplift in the average export value, which climbed 33 per cent to $4.09 per litre FOB, the highest in nearly two decades Australian wine exports have rebounded strongly in the 12 months ending March 2025, largely driven by renewed access[Read More…]
Fonterra to close canning and packaging facility in Hamilton
The site currently packs up to 4000 metric tonnes of powders per year, less than one per cent of the Co-op’s total product volume Fonterra has announced that it plans to close its canning and packaging facility in Hamilton at the end of July. The closure of the Canpac site,[Read More…]
Lactalis and Nestlé collaborate to launch frozen yoghurt
The frozen yoghurt products are made with real fruit,100 per cent Canadian milk Canadian dairy leader Lactalis Canada collaborates with Nestlé Canada to launch into the frozen yoghurt category through a new licensing agreement. The collaboration features eight SKUS under Lactalis Canada’s iÖGO brand, including four bars (strawberry-cheesecake; raspberry-chocolate; cherry[Read More…]
Bakkavor Group to sell China operations to cut debt
The transaction is valued at ¥500 million, approximately £50 million Bakkavor Group PLC announced that it has agreed to sell its Chinese operations to a local buyer in a move aimed at improving profit margins and reducing debt. The London-based fresh prepared food producer—known for supplying salads, sandwiches, and other[Read More…]
Australian wine exports to China exceed $ 1 Bn one year after removal of tariffs
The average value of exports increased by 33 per cent to $4.09 per litre free on board (FOB), the highest average value in almost two decades In the 12 months ended March 2025, Australian wine exports increased by 41 per cent in value to $2.64 billion and by 6 per[Read More…]
Australian traders ‘ visit strengthens trusted trading partnership
Japan is Australia’s ninth largest market for wine by value, importing 11.3 million litres for a total value of $45 million, and the third largest market for Australian agriculture While global trade faces uncertain times, the focus was on reinforcing long-term trusted trading partnerships at the Australian Food and Wine[Read More…]
UNCLE TOBYS and Heart Foundation team up for Aussie heart health
Heart health is a significant concern among Australians, with around 30 per cent of Aussies living with high cholesterol, a known risk factor impacting heart health In a new three-year partnership with the Heart Foundation, UNCLE TOBYS aims to help people in Australia understand the benefits of including rolled oats[Read More…]
