RBI acquires partners’ equity stakes and will identify a new local operating partnertransaction shows commitment to drive long-term growth in China Restaurant Brands International announced that a subsidiary of RBI has acquired from TFI Asia Holdings BV (TFI) and Pangaea Two Acquisition Holdings XXIII, Ltd (Cartesian) all their equity interests in[Read More…]
Tag: china
Coca-Cola’s net revenue up by 3% to $47Bn
Global unit case volume grew 2 per cent in Q4, led by China, Brazil, and the United States, while full-year volume saw a 1 per cent increase, driven by growth in Brazil, India, and Mexico The Coca-Cola Company has reported robust financial and operational results for the fourth quarter and[Read More…]
Wellness or the Wallet? What Consumers are Saying When it Comes to Preventive Health
Christian Philippsen, Managing Director, BENEO, Asia Pacific If you were given three to four additional hours in a week, would this time be given to health or wealth? According to a recent survey[1] by a multinational insurance firm, the answer revealed a staggering 85 per cent of those in Singapore[Read More…]
Growing trend of walnut exports from India: A global perspective
According to Mordor Intelligence, the Walnut market size is anticipated to be $9.26 billion in 2025, rising to $11.77 billion by 2030 The Indian appetite for walnuts has continued to rise since COVID-19, as the country’s rapidly rising population learns about its health benefits. Traditional and modern retail shops, including[Read More…]
Australia’s wine exports exceed $2.5 billion in 2024
Strong return to mainland China offsets declines in other markets In the 12 months that ended December 2024, Australian wine exports increased by 34 per cent in value to $2.55 billion and by 7 per cent in volume to 649 million litres, according to Wine Australia’s Export Report. The increase[Read More…]
Sidel adds high-speed aseptic lines to China’s CR Beverage
At CR Beverage’s Yixing and Chengdu plants, Sidel installed three high-speed aseptic complete lines featuring the Aseptic Combi Predis FMa for tea and plum juice CR Beverage, one of China’s leading bottled water brands, has invested in three of Sidel’s complete high-speed aseptic lines to meet increased consumer demand for[Read More…]
Korean seaweed leads global market with record growth
The export value of Korean gim surged by 25.8 per cent year-on-year, reaching a record high of $997 million in 2024 South Korea’s dried seaweed exports have experienced remarkable growth, driven by the popularity of Korean kimchi and ramyeon noodles. Dried seaweed, or ‘gim’ in Korean, has become a significant[Read More…]
Australia’s record-breaking wine exports to China
In November 2024 alone, South Australian wineries sold 11.8 million litres of wine, valued at more than $93 million Recent data from the Australian Bureau of Statistics (ABS) reveals that South Australian exports to China have reached new record levels. The state’s efforts to diversify its markets are proving successful,[Read More…]
Australian seafood to make impact in Chinese market
South Australian Southern Rock Lobster fisheries remain the state’s most valuable wild catch fishery with exports valued at $40 million in the year to October 2024 South Australia’s Southern Rock Lobster is ready to splash back into the Chinese market after officially lifting trade restrictions. Valued at over $20 billion[Read More…]
Saudi’s Tanmiah Food partners with China’s Chengdu Design & Research Institute
This collaboration is considered an essential part of Tanmiah’s long-term strategy to boost food security Tanmiah Food Company, a market-leading provider of fresh and processed poultry and other meat products, announced that it has formed a strategic partnership with Chengdu Design & Research Institute (CDI), a Chinese contractor firm with[Read More…]
