Asia’s fastest growing convenience market is Vietnam – which is set to achieve annual growth of 37.4% over the next four years – according to grocery think-tank IGD.
Drinks giant Heineken saw a £238M boost to sales last year, revealed in its full-year results for 2016, despite weaker performance in Africa and the Middle East.
One of the world’s largest exporters of poultry BRF – which operates a factory in the UK – has launched a subsidiary to target the growing halal processed foods market in the Middle East.
A new range of freeze-dried cultures designed to add texture and flavour in set yogurts was unveiled at last month’s Gulfood Manufacturing show in Dubai (November 7–9).
Food and drink manufacturers should be making more of ‘big data’ if they want to better understand the sales impact of their products, a business analytics software provider has claimed.
Mondelēz International reported a 1.1% increase in organic revenue to £5.2bn ($6.4bn) in its third-quarter trading update this week, despite lowering its full-year growth forecast from 2% to 1.6%.
Yildiz Holding has brought together its core biscuit, chocolate, and confectionery businesses to form a new £3.58bn multinational firm called Pladis, intended to become “a global leader” in the sector.
Nestlé and R&R, a leading ice cream company based in the UK owned by PAI Partners, have signed an agreement to set up Froneri, a global ice cream and frozen food joint venture (jv).
Premier Foods’s formation of a new business unit and the launch of Ambrosia rice in China are spearheading the firm’s plans to step up global sales in three key markets.
Maclean’s Highland Bakery is boosting its workforce and doubling its packing capacity thanks to funding from Clydesdale Bank, with plans to take on an additional 12 staff.
United Biscuits' (UB's) investment in Nigeria's A&P Foods has catapulted the business to its target for international sales to represent 20% of its business three years early.
Perthshire whisky distillery John Fergus & Co has teamed up with Indian alcoholic-beverages company Kyndal to invest £6.7M in a new Glenrothes distillery, which is expected to lead to exports worth £3.6M and to create 15 jobs.
Following its success in Germany, the Middle East and Spain, the German energy drink Effect is being launched in the UK by MBG International Premium Brands in partnership with UK healthy drinks manufacturer, Feel Good Drinks.
Food firm Kerry Group has posted promising half yearly figures despite UK brands flat-lining in spreads and frozen food as a result of heavy promotions and the horsemeat effect.
Ingredion's new functional native starch - Indulge 1720 - is a clean-label co-texturiser designed to enable dairy manufacturers to deliver thick and creamy - yet cost-effective - indulgent yogurt products.
Cargill and Arasco are creating a new starches and sweeteners joint venture in Saudi Arabia to meet growing demand in the confectionery, bakery and juice sectors in the region.
ADM Cocoa has restructured its organisation into five key regions and business units as it looks to enhance the level of service and support offered to customers by its global cocoa and chocolate team.
The UK meat industry is missing out on a £1bn export opportunity in the Middle East because it has failed to adopt Food Standards Agency (FSA) guidelines on halal, an expert has warned.
National Starch Food Innovation is promoting the use of its functional starch-based solution Precisa Pulp 02 can in a variety of juice bases, including peach, apricot guava, pear, and mango. The goal is to aid the creation of cost-optimised beverages...
Total Scottish exports will reach £12.5bn within five years, fuelled partly by soaring food and drink sales to the Middle East, predicts the Scottish government.
Rising demand in the Middle East and Russia is prompting the Scottish Salmon Company to invest £40M in 10 new fish farms that will create 100 extra jobs within five years.
Chocolate manufacturer Highland Chocolatier is investing £200,000 in quadrupling the size of its production area in a bid to expand capacity to meet rapidly rising demand.
We live in uncertain times. I am sure I’m not alone in being concerned by recent global events that are the backdrop to other worries closer to home, such as the fragile state of our economy and the impact of swingeing public sector cuts.
Food ingredient and enzyme company Danisco has taken a new milder yogurt culture global after it has shown “tremendous” success in China, the Middle East and North Africa.
