Over the last fi ve years, China's disposable per capita income has surged by an average of 11.3 percent, says market consultant Kline & Company. With more money, its citizens are driving up personal care expenditures up by 13.4 percent each year, visiting beauty spas, dermatologists and plastic surgery clinics more often.
(1 September 2008) Regional trade shows such as the Food Ingredients Asia 2008 in Bangkok, Thailand this month are reasons why companies would spend months preparing themselves for. These shows are l...
(1 September 2008) According to estimates by Dairy India, the size of the dairy market is expected to grow by more than double reaching Rs 5,20,780 crores ($122,825 million) by 2011. New opportunitie...
(1 September 2008) NEW MILK POWDER PROCESSING FACILITY IN CHINA’S HAILUN CITY Emerald Dairy Inc. has begun construction of a new milk powder processing facility in Hailun City, Heilongjiang Province....
(1 September 2008) School Health Annual Report Program (SHARP), a Delhi-based national non-governmental organization (NGO), has launched its child health and women empowerment program at Kumar Shala,...
(1 September 2008) ResearchInChina has released its latest report called Investment Report of China Food & Beverage Industry, 2000-2008. The report analysed investment projects financed by 45 listed ...
(1 August 2008) A Cornell study has found that giving recombinant bovine somatotropin (rbST) to one million cows would enable the same amount of milk to be produced using 157,000 fewer cows than i...
(1 August 2008) NEW PRENATAL PRODUCT FOR EASTERN EUROPE Martek Biosciences says life'sDHA is now available to Eastern European consumers in the new Pregnium prenatal supplement from Walmark. It is...
(1 August 2008) According to RNCOS’ new report ''Indonesian Food, Beverages and Tobacco Market Forecast till 2011'', the country’s consumer expenditure on food, beverages and tobacco had grown at ...
Germany's METRO Group is making plans to open its first Metro Cash & Carry wholesale store in Kazakhstan in the summer of 2009. The Group officially agreed to the investment with the Government of the Republic of Kazakhstan on Wednesday, a move which will extend METRO's activities to 33 countries.
Trent Ltd, the retail arm of the Tata group in India, is likely to invest around Rs 20billion ( €0.3 billion ) over the next five years in the roll out of 50 Star Bazaar hypermarket stores, according to Indian press reports.
The recent credit crunch has led all the major supermarket chains in the UK to increase promotions of cheap, unhealthy food, according to the country's National Consuner Council (NCC).
Auchan has published half year results for the first time as a result of new European regulations governing transparency. Although there has been a slow-down in mature markets, emerging markets remained buoyant for the French company and as a result sales for the first six months of 2008 were 9.4% higher than in 2007 reaching EUR18.7 billion.
Price promotions and the decision to only partially pass on food price inflation to customers have led to a downturn in second quarter margins for Ahold. Net sales for second quarter 2008 were EUR 5.8 billion, down 0.8% from the same period last year. At constant exchange rates, net sales increased by 7.3%.
Despite the credit crunch, drinks giant, Diageo reports another year of strong organic growth with net sales up 7% and operating profit up 9%. Sales rose to £8.09bn up from £7.48bn last year while sales volumes increased by about 3%.
