Company

Osotspa Public Co. Ltd, the producer of M-150 and Shark, is facing a bleak outlook in the saturated energy drink market in Thailand. With blue collar customers representing the bulk …

China’s top 2 bubble tea producers, Mixue and Guming are planning to raise up to US$1 billion and US$500 million respectively via IPO listing in Hong Kong. Mixue Group originally …

Century Pacific Food Inc. said that its plant-based meat alternative brand, unMEAT continues to show strong potential in the Philippines and several markets abroad. unMEAT Global Marketing Director Faye Matriano …

Sojitz Corporation together with Sojitz Asia and Sojitz Vietnam had acquired all shares of DaiTanViet Joint Stock Company (NEW VIET DAIRY), which is the largest wholesaler of commercial foods in …

Sime Darby Plantation Bhd (SDP) has become the world’s first palm oil company to have its net-zero targets approved by the Science Based Targets initiative (SBTi). The validation by the …

Taokaenoi Food & Marketing is all set to increase its market share in Thailand’s seaweed-snack market, which is currently estimated at 65%. According to a latest report by Thanachart Securities, …

Current Foods, FoodSquared, Revo Foods and other alternative-seafood producers have recently established Future Ocean Foods, an organisation to promote the Seafood Alternative category. Future Ocean Foods’ membership includes 36 businesses …

Dole, one of the world’s leading producers and distributors of high quality fresh fruits, remains bullish of the Chinese market. During the 6th edition of CIIE exhibition in Shanghai recently, …

Producers of meat alternatives like plant-based or lab-grown meat have gone through challenging times to see their products gaining acceptance in the marketplace. One major reason for this is the …

China’s largest bubble tea chain, Mixue Bingcheng, is preparing for a US$1 billion IPO listing in Hong  in 2024. The decision to list in Hong Kong instead of mainland China, …

Vietnam’s leading dairy player, Vinamilk has continued to build cooperation memorandum with leading Chinese partners as one of its ways to expand into the China market. After visiting Vinamilk facilities in …

MANE Indonesia has been awarded the 2023 LPPOM MUI Halal Award for Fastest Growth in Halal Products. LPPOM MUI is a leading Halal Inspection Agency in Indonesia that provides halal …

Food Empire Holdings is exploring a stock-market listing in Hong Kong to give the Singapore snacks and drinks business broader access to funding. Food Empire is the owner of Kracks …

Aalst Chocolate, a Cargill-owned company, has recently celebrated its 20th year anniversary since its founding with plans to grow its Asia Pacific (APAC) market via its unique ‘bean to bar’ positioning …

New Zealand-based dairy giant Fonterra is developing plans to cut costs by around NZ$1 billion (US$600 million) until 2030, as it needs to weather the challenging market amidst slump in …

Unilever, the renown manufacturer of Magnum, Cornetto, Wall’s and Viennetta ice cream brands, will continue to focus on China market in terms of investment and growth. President of Unilever’s ice …

Tipco, Thailand’s leading juice drink producer drinks, has partnered with GreenYellow, in which the latter has successfully invested and installed solar power plants at Tipco’s factories with an installed capacity …

Asia’s largest brewer, Budweiser Brewing Company APAC, is projecting the China market for beer to continue growing in the 2nd half of 2023 despite challenges, said  its CEO Jan Craps. …

US-based Tyson Foods is currently seeking a buyer for its Chinese poultry business. The sale signifies growing worries among multinational food players that the mainland economy is on the verge …

Netherland-based cultivated-meat firm, Meatable has admitted that it will not be making profit from the sale of its initial products in the market. Daan Luining, Co-Founder and CTO of Meatable …

Vietnam remains the biggest market for Taiwan-based monosodium glutamate (MSG) producer, Vedan despite 18.1% dip in revenue to US$82.3 million in the first half of 2023. The decline is attributed …