Probiotic supplier Ganden says its recent acquisition by Kerry Group will allow it to fast-track the growth of its products in Asia, with China and India having bene identified as two markets that are "impossible to ignore".
As New Zealand marks the one-year anniversary of its Free Trade Agreement (FTA) with South Korea, Fonterra Co-operative Group says it is looking to grow sales of its dairy products there, particularly cheese.
Despite Asia Pacific being a region with high incidence of cardiovascular diseases (CVDs), sales of cardiovascular health positioned foods and beverages are not high, writes Maria Mascaraque from Euromonitor International.
The chairman of Murray Goulburn Co-operative Co. Limited (MG), Philip Tracy, has announced that the board of directors has appointed Ari Mervis as the new CEO and MD of MG and MG Responsible Entity Limited.
Now one of Asia’s fastest-growing markets, South Korea offers greater export opportunities for countries like New Zealand as tariffs are cut through free-trade agreements, according to an American market report.
Health and safety officials in South Korea said that they found a meningitis causing bacteria in a French baby formula product but the company in question said the product was deemed safe following tests.