Large Format Food Retailers In Asia Set To Grow 3.3 Percent A Year It has been forecast that Asia’s large format retailers will be set to expand by 2022. Supermarkets and hypermarkets in Vietnam, India and the Philippines will see double digit growth in the next five years. In all…
PepsiCo Buys SodaStream In US$3.2 Billion Deal To Make New Inroads
PepsiCo acquires SodaStream in an effort to push more healthy alternatives to consumers and give it a stronger foothold in the in-home beverage market, say analysts at Well Fargo. The deal is expected to close by January 2019, according to Ramon Laguarta, CEO-Elect and President at PepsiCo, SodaStream. He notes…
New Zealand Moves From `Volume To Value’ In Their Food & Nutrition Sector
Damien O’Connor, New Zealand’s agricultural minister said that nation is launching a $40 million initiative to move the agricultural sector from `volume to value’. Currently, New Zealand’s food and fibre industry delivers $42 billion in export revenue and are the backbone of the country’s economy. The initiative is a move…
What Do Millennials Want?
Putting young 13-year-old Alina Morse, founder of Zolli Candy, on the cover of its September 2018 issue of Entrepreneur magazine does not only spotlight the next generation of entrepreneurs but also identifies millennial consumer habits that are creating leaders in business. Launched in 2015, Zolli Candy produces a line of…
PepsiCo CEO Indra Nooyi To Step Down
PepsiCo CEO, Indra Nooyi, To Step Down as PepsiCo’s CEO following more than a decade of strong performance, announced the company’s board of directors. The company’s board has elected Ramon Laguarta as PepsiCo’s new CEO. Nooyi is slated to step down on 3rd October but remains chairman until early next…
Anellotech Produces A Collection Of Renewable Chemicals Identical To Fossil-Based Counterparts
Anellotech Produces A Collection Of Renewable Chemicals Identical To Fossil-Based Counterparts Anellotech, the technology partner of beverage giant Suntory, has enabled the latter to achieve a 100 percent bio-based plastic bottle for its drink products. The company uses Bio-Thermal Catalytic (Bio-TCat) technology to convert biomass feedstocks such as wood, sawdust…
New Zealand Bans Single-Use Plastic Bags
New Zealand’s government has announced that it will phase out single-use plastic bags by 2019, a move Greenpeace is calling a win for people power and another big step towards addressing the global plastic pollution crisis. “This could be a major leap forward in turning the tide on ocean plastic…
US FDA Concludes Review Of Sugar From The First GM Sugarcane Variety
US FDA Concludes Review Of Sugar From The First GM Sugarcane Variety The United States Federal Food and Drug Administration (FDA) concluded recently that raw and refined sugar produced from Brazil's first genetically-modified sugarcane variety, called CTC20BT, is safe. The US FDA focused its safety assessment on sugar because it is the…
Soymilk With Chickpea Protein?
Soymilk With Chickpea Protein? South Korea’s Seoul Dairy Cooperative (SDC) is launching ‘Achimae’ Soymilk (meaning Morning Soymilk), a nutritionally-rich, morning soy milk drink with chickpea protein, designed to be served as a warm, on-the-go breakfast. This is the first product to appear on store shelves in SIG’s innovative Heat&Go packaging,…
Cage-Free Production Systems In Thailand
CP Foods’ transition to cage-free production systems in Thailand highlights growing animal welfare movement in Asia. Consumers have been taking a closer look at how their food is produced, catalysing a major shift in the global food industry towards more ethical sourcing methods. As this humane transformation around the world…
- Advertisement -
- Advertisement -
