News

The second year of an industry development program aimed at driving sector investment and job growth has launched in Queensland. Future Food's goal is to help food businesses to scale up.

Anheuser-Busch InBev will not proceed with its planned listing of its Asia Pacific unit on the Hong Kong Stock Exchange, citing several factors including "prevailing market conditions".

An antioxidant found in red wine and blueberries is being dubbed by researchers as a potential supplement in preserving muscle mass and strength in astronauts heading to Mars.

Nestlé has developed a new 70 per cent dark chocolate from cocoa fruit, using leftover material from cocoa plants as the sweetener rather than adding sugar.

Fonterra will shave 11 years off its coal target by reducing its reliance on coal.

Universal Robina Corp, which owns Snack Brands Australia, and German-based snack food maker, Intersnack Group have announced a strategic partnership. URC will sell 40 per cent of its business in Australia and New Zealand to Intersnack.

A distribution deal between Made Group and Coca-Cola Amatil will see its beverage brands Rokeby Farms and Impressed expand into 50,000 restaurants, cafes and convenience stores around the country.

The World Health Organisation's European division has criticised the region's baby food market as it found a large proportion of products are high in sugar and incorrectly marketed for children under the age of six months. WHO has developed a draft Nutrient Profile Model as a result to combat misleading marketed products.

Campbell Soup Co. announced it will sell its European snack food business, Kelsen Group, for $300 million to an affiliate of Italian company, Ferrero.

Thirty years ago the Brook family started making artisan mueslis in their kitchen. Now they produce more than 780 tonnes of products a year and have opened a whole new business venture, Cape Byron Distillery.

Craveable Brands, operating Red Rooster, Oporto and Chicken Treat stores across Australia and Asia, has been sold to PAG Asia Capital. It is the Hong Kong based private equity buyout arm of investment firm PAG.

Queensland’s Food Technology and Manufacturing Exhibition returns to Brisbane this month! The triennial FoodTech Qld expo is on 28-30 July 2019 (Sunday to Tuesday) at the Brisbane Convention & Exhibition Centre. This year’s theme is “Creating new lines in manufacturing” and aims to deliver nothing less.

Findings from a study of more than 100,000 people over nine years suggests that reducing sugary drinks may reduce cancer risk.

Drought-tolerant grape varieties from Cyprus will soon be trialled for suitability in Australian conditions, with researchers from the University of Adelaide hoping the vines will be able to grow “with minimal to no irrigation”.

Targeting the right consumers and markets is essential when exploring export options. Export Connect’s Najib Lawand lays out six essential steps for success.