Competition for European suppliers of honey has ramped up with
Brussels clearing the way to end a two year ban on food imports
from China which should pave the way for cheaper raw materials for
honey formulations.
Joining the growing ranks of ingredients companies taking root in
China to defend their market position, US starch and sweeteners
firm Corn Products International has linked up with Shandong Juneng
Electric Power Group Golden Corn...
US food giant General Mills is to increase wholesale prices on
several categories of foods in response to rising raw materials
costs. The increase is thought to be between two to nine per cent
on selected lines.
As grain stocks are depleted across the world, China's food
producers have found sourcing the commodity an increasingly
expensive and time consuming issue, writes Simon Pitman.
However, a report from independent intelligence...
A British Pig Executive (BPEX) delegation is visiting Beijing at
the end of the month to encourage British exports to China, the
world's biggest market for pork.
As one door closes another one opens with the Food Ingredients Asia
show that ended in Shanghai last week now replaced by the finished
foods exhibition SIAL China. At the opening event this week EU
agriculture commissioner Franz Fischler...
Food ingredients companies head off to China with agriculture chief
Fischler next week on a mission to boost trade relations and create
new business opportunities for the food industry.
European food ingredients companies working in the rapidly emerging
Chinese food market can look forward to getting a slice of the €135
billion trade exchange between the two blocs.
Bush administration trade officials were not the only ones to
welcome China's decision to allow a raft of GM products from
biotech giant Monsanto. This week the American Soybean Association
hails the move as 'good news'.
Top line growth for suppliers to the food industry will have to be
delivered through innovation and focused branding strategies, finds
a new report, at the same time stressing that emerging markets
could threaten the ingredients industry.