Latest food news & analysis in Asia
As the Thai economy shifts away from being agricultural- to more skilled-based, as well as industry-and-commerce-focused, many consumers are...
September saw Aldi, which has done so much to shake up the UK's grocery market, announce plans for further investment in the country. In the...
It emerged this week that French dairy giant Danone could be preparing to pull its Dumex infant formula brand from Vietnam. It is not yet cl...
Prolonged economic recession, increasing competition and sector-specific challenges such as seasonality confront ice cream makers in Russia....
Mondelez International's top-line performance in China has been patchy since the US snacks giant was established four years ago. Biscuits has been Mondelez's main business in China and challenges in the category meant, for example, the Oreo maker saw its sales in the country fall in 2014. A recovery from Mondelez's biscuit arm in China, plus growth from its chewing gum stable, helped the company's sales grow in 2015 - but sales fell in the first six months of this year. Speaking to just-food after announcing a significant push into China's chocolate market, Stephen Maher, the president of Mondelez's business in the country, discusses how he sees the prospects for the company in the market.
China is central to Mondelez International's growth strategy but it has not always been an easy ride for the snacks giant since its formation in October 2012. However, the US company is confident about its prospects in the country and signalled its optimism with the launch of European chocolate brand Milka in August. Dean Best spoke to Stephen Maher, the president of Mondelez's business in China, to find out more.
Australian cereal maker Sanitarium has announced that its Weet-Bix breakfast cereal product is being relaunched in China under the name Nutri-Brex.
New Zealand dairy giant Fonterra is reportedly conducting an internal review after reports that Chinese police had arrested 19 people in Shanghai on suspicion of selling around 300 tonnes of the company's expired milk powder.
Chinese dairy firm Yili is issuing CNY9bn-worth (US$1.33bn) of new shares to fund investments including the acquisition of a stake in the country's largest organic milk producer, China Shengmu Organic Milk.
Thai food giant Charoen Pokphand Foods is building a production plant in Thailand to produce "healthy soup" aimed at "elderly people and patients".
This week, the UK government announced how it hopes to support the country's food exporters, French cheese giant Bel said a deal had been struck to buy a majority stake in dessert and snack maker MOM Brands and Brazilian meat group BRF said it plans to invest in the soon-to-be-listed pork arm of state-backed, Chinese agri-food operator COFCO.
South Korean prosecutors have reportedly indicted 22 Lotte officials, including founder Shin Kyuk-Ho and current chairman Shin Dong-bin, over corruption allegations.
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