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June Issue of Asia Food & Beverages!
ALCOHOLIC DRINKS (Wine, Champagne etc exclude Beer)
FOOD & BEVERAGE INGREDIENTS
FUNCTIONAL/NUTRITIONAL/HEALTH DRINK (eg. Vitamin, Protein)
PACKAGING & TECHNOLOGY
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VEGETARIAN FOOD/MEAT SUBSTITUTES
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Hormel Foods to consider buying China’s condiment producer
US-based Hormel Foods Corp., the well-known producer of Spam canned meat and Skippy peanut butter, is one of several companies identified that will bid for ...
Tyson Ventures to invest into sustainable alternative protein source
Tyson Ventures, the venture capital arm of Tyson Foods, one of the world’s largest food producer, has co-led a group of investors into providing US$2.2 ...
Chinese investors negotiating to buy Spanish meat producer
Chinese investment firm, Kam Fung Group Company Ltd is negotiating to buy a 95% stake in Spanish meat producer Incarlopsa in a transaction that will ...
Impossible Foods success in capital raising signify serious market possibility for plant-based meat
US-based Impossible Foods has successfully raised US$114 million in convertible note financing provided by Singapore-backed Temasek, and Sailing Capital, a Shanghai and Hong Kong-based global ...
Famous Amos to have new ambitious owner
Famous Food Company Pte Ltd, an investment holding company, and 51% owned by Malaysia’s Harrisons Holdings (M) Bhd, has entered into a memorandum of understanding ...
Lucrative soft drink industry attracts investments from new and old players
According to latest statistics, the Vietnamese beverage segment remains very attractive to investors, with growth potential 3 times higher than the average growth rate in ...
TH Group to up dairy investments and expand to Singapore
In 2018, TH Group has set its goal of expanding into the Vietnamese fresh milk market as it plans to invest hundreds of millions of ...
Vinamilk to invest in 4 hi-tech dairy farms in Thanh Hoa by 2020
Vietnam Dairy Products JSC or simply, Vinamilk will invest in 4 high-tech dairy farms in the north central province of Thanh Hoa until 2020, said ...
Hoang Long Tea opens US$1.76 million tea facility in Ha Giang
An official ceremony was held recently to open a Long Tra tea processing plant with a total investment of Dong 40 billion ($1.76 million) in ...
Pinoy poultry giant aims to takeover NZ’s Tegel Group
Philippines’ poultry giant, Bounty Fresh Food has made a US$308.5 million takeover offer for New Zealand’s struggling Tegel Group Holdings as it seeks to expand ...
Nestle to pay US$7 billion for exclusive right to sell Starbucks coffees, teas
Giant food conglomerate, Nestle will pay Starbucks Corp US$7.15 billion in cash for exclusive right to sell the US chain’s packaged coffees and teas around ...
Coca-Cola to diversify into Yogurt Segment through partnership with Beijing LePur
The Coca-Cola Co China is expanding into the yogurt segment with an investment in Beijing LePur, as part of its overall goal to boost innovations ...
AgroFresh to open ‘SmartFresh’ Innovation Center in partnership with major fruit retailer
US-based AgroFresh Solutions, Inc., a global leader in maintaining/extending freshness of agricultural products has recently announced its partnership with Pagoda, the largest fruit chain retailer ...
FrieslandCampina to invest US$123 million in China market alone in 2018
Netherland-based FrieslandCampina, is setting asight US$123.5 million in investment for China market alone in 2018, followed by smaller investments in the next following years.
The investment ...
Aussie infant formulas to penetrate into China’s US$1.5 billion Goat Milk market
Although demand for the traditional infant milk remains resilient in China, two Aussie milk producers have shifted their focus partially into the goat milk infant ...
Nestle’s entry into A2 milk nutrition creates short-term challenges for a2 Milk Co
Nestle has recently launched an A2 baby nutrition product in China under its Illuma brand. The announcement brings anxiety to earlier but smaller entrants like ...
Kirin to up capacity by 60% at its Myanmar Brewery
To meet growing demand for beer in Myanmar, Kirin Holdings will invest up to US$30 million to expand the production capacity of its Myanmar brewery ...
Nissin Foods partners Kagome to sell Vegetable Juices in HK
Nissin Foods Co., Ltd., an instant noodle producer has entered into a joint venture (JV) with Kagome Co Ltd to sell vegetable juice beverages in ...
Mitsui JV to rollout Bulgarian yogurt drink in Indonesia
A dairy processing joint venture (JV) involving Japanese trading giant Mitsui & Co. is rolling out a Bulgarian yogurt drink in Indonesia to capitalise on ...
Indian group to invest in rice industry in ASEAN
India-based Saba Industries Group, a major manufacturer and exporter of rice and other commodities in the region, plans to invest US$100 million in Southeast Asia’s ...
Valio opens new Head Office in Shanghai
Finnish dairy firm, Valio is expanding further into China with the recent opening of its new head office in Shanghai.
The new office will focus on ...
Marine Harvest to invest in a Salmon factory in China
Norway-based salmon company, Marine Harvest has disclosed plan to open new plant in China this year.
With the Chinese market now re-opening to Norwegian salmon producers, ...
Nestle subsidiary to invest into medical food, skincare
Nestle Health Sciences, a subsidiary of Nestle SA, together with Galderma, Nestle Skin Health's medical solution unit, have recently invested more than Rmb 1 billion ...
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