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Trends > Emerging Markets

News in brief

Aryzta sees strong performance in emerging markets

Speciality bakery firm Aryzta has announced revenue growth of 9.6% in a first quarter (Q1) in a trading update issued yesterday.

Ocean freight connections offer cheaper solution for getting small loads to Asia – DHL

Ocean freight connections allow chocolate and pastry manufacturers to transport smaller shipments from Europe to Asia at lower costs than air freights, according to transportation firm DHL Global Forwarding.

Cargill to open its first Asian cocoa processing plant

Cargill has revealed plans to expand its cocoa and sugar operations in the emerging markets of Brazil and Indonesia.

Navigating the Asia Pacific food industry? Welcome to FoodNavigator-Asia.com

The leading source of news for the food and beverage industry in Europe and North America has now expanded to Asia, drawing on the knowledge and expertise of experienced local...

GLG granted Stevia patent in China

A fully owned subsidiary of GLG Life Tech Corp has been granted a patent in China for its stevia extraction process.

General Mills taps into ‘frugality fatigue’ as Americans tuck in to affordable treats

As the economy remains in the doldrums, Americans are showing signs of “frugality fatigue” while food is increasingly “playing an important role in helping consumers cope”, according to trend watchers...

CSM opens bakery mix facility in China

CSM has opened a new facility for dry bakery mixes and mixes in China, which will allow it to step up capacity to meet demand from Asia and better serve...

Emerging markets drive record Barry Callebaut half year net profits

Strong performance in emerging markets and a strategic focus on customer segmentation rather than individual products have driven Barry Callebaut to record half year profits.

News in brief

BASF increases propionic prices in Europe and Asia

BASF has announced a price increase in Europe and Asia for propionic acid – a widely used ingredient across a raft of sectors including food, plastics and pharmaceuticals.

News in brief

Build a BRIC strategy fast, IGD urges industry

Brazil, Russia, India and China will feature in the top five biggest grocery markets by 2015, with China set to snatch the top spot from the US in 2012, predicts IGD.

News in brief

Nestlé invests in South African cereal factory

Nestlé is investing around CHF 67m into two new factories in South African, one of which will produce two of its cereal products.

Thailand the immediate focus of Unifine in Asian expansion

Increasing demand for western style pastries in Thailand is behind ingredients supplier Unifine’s goal to expand its presence in that market this year.

Frozen bakery buys see Kerry capitalise on Asia-Pacific growth

Kerry Group has strengthened its presence in Asia-Pacific region after acquiring General Mills’ Australian bakery businesses for a sum believed to be around €20m.

Ohly opens yeast extract plant in China

Ohly has officially opened a new yeast extract plant in Harbin, China, giving it an Asian production arm to complement existing plants in the US and Europe.

DuPont and USDA team up to tackle emerging food safety threat

A new joint project between DuPont Qualicon and the US Department of Agriculture (USDA) aims to develop testing to detect hard-to-identify strains of E.coli that are not regulated and have...

Buoyant Australian almond crop forecast as Asian snack demand grows

Australia's almond production is expected to rise by 25 per cent in 2010 - up from 36,500 tonnes this year to 46,100 tonnes, announced the Almond Board of Australia (ABA)...

Bunge building export terminal to meet Asian grain ambitions

Bunge has begun construction on a new grain export terminal it claims will be the first such structure to be built in North America for twenty years as part of...

Unilever finds strength in emerging markets and innovation

Unilever’s activities in the developing and emerging markets and the US have proved key to growth in Q1, but private label presents a challenge to brands.

Companies look to Asia as an economic buffer

Food and beverage companies should look to Asia to bolster their business in times of economic crisis, while differentiating their products closer to home, according to a Frost and Sullivan...

Major international project to boost South Asian cereal production

The International Rice Research Institute (IRRI) has announced a $30m collaborative project which aims to boost South Asian cereal production by five million tonnes a year.

Ministers on board with ‘Southampton six’ phase-out

UK ministers have agreed with a Food Standards Agency proposal on voluntary phasing out of the ‘Southampton six’ food colours by the end of 2009, according the agency’s chief executive.

Emerging markets and flavours a boon for Symrise

Symrise has reported good sales growth in local currencies the first half of 2008 driven by flavours and emerging markets, although fragrance growth was hit by the drop-off in consumer...

Ocean Spray goes for Asian bakery market

Ocean Spray is continuing to push into the Asia-Pacific bakery market with a new partnership with Taiwan-based baker ChiaTe, the company announced yesterday.

Cereal makers missing emerging market boon

A large number of global breakfast cereal manufacturers are failing to take advantage of the potential for their products in markets such as Eastern Europe and Asia, according to consumer...

Tate & Lyle woos Asia with R&D drive

Tate & Lyle has opened a new research and development centre in Shanghai, China to help manufacturers develop food products that are targeted to the preferences of Asian consumers.

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