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Malaysia could soon join Singapore to be one of the first manufacturers in the region to produce their own cultivated meat.

Cell AgriTech Sdn Bhd is setting up the country’s first cultivated meat production facility in Penang at a cost of RM20 million (US$4.5 million).

The pandemic had led to higher incidence of sedentary living as consumers were locked in the comfort of their homes. This has also indirectly led to higher consumption of comfort foods with high fat and sugar contents. As a result, this has led to growing cases of obesity especially among Malaysians. Latest study conducted ...

The largest ice cream factory in Southeast Asia has just been completed in the Philippines.

The new Aice ice cream factory is the first smart ice cream factory in the Philippines under the Aice Group, a subsidiary of Mengniu. The project, constructed by China State Construction Engineering Corporation (CSCEC) is located at the international ...

The Board of Investments has recently approved the construction of Pesos 980 million (US$18 million) zero-waste sardines manufacturing facility proposed by Mega Prime Food Inc. in Sto. Tomas Batangas.

The facility is in line with the government’s goal to ensure Filipinos have access to affordable and nutritious food in the country.

Mega Sardines is ...

Malaysia-based Fraser & Neave Holdings Bhd (F&N) has strengthened its foothold in the Indochina market by securing extended rights from Nestle SA and Nestec S.A. (Nestle) as the exclusive manufacturer and distributor for Nestle Bear Brand of sterilised milk in Cambodia.

Under the new arrangements, F&N will now manufacture, distribute and market Bear Brand ...

Yakult Honsha Co., Ltd. has recently announced that Wuxi Yakult Co., Ltd. (Wuxi Plant), a production subsidiary of Yakult (China) Corporation has started production of Yakult 50 Billion Light, a high value-added fermented milk drink.

With the commencement of production at Wuxi Yakult Plant 2, the Yakult Group now has a total of 7 ...

Chinese meat processor, Zhejiang Huatong Meat Products is partnering with 2 Fuzhou-based companies, Fuzhou Farming Group and Fuzhou City Lvyuan Industry, to invest Rmb 7.6 billion (US$1.1 billion) in building a pig breeding cluster near eastern Jiangxi province.

This major investment occurs despite the dwindling prices of pork since the beginning of the year.

L Catterton, a leading global consumer-focused investment firm, has announced its investment in Partner Pet, the top domestic premium freeze-dried pet food company in China.

The investment, coupled with L Catterton's expertise in the pet food sector, will help Partner Pet to cement its leading position in the fastest-growing segment of the country's pet ...

China’s leading dairy player, Mengniu is building an ice-cream factory in central China as it seeks to shorten its supply chain to meet the growing demand for quality ice cream in south-western China.

Mengniu has unveiled plan to set up a new Rmb 1.5 billion (US$216.3 million) manufacturing facility in Meishan in Sichuan Province, ...

Fable Foods, an Australian start-up focusing on mushroom-based meals, has recently secured US$8.5 million Series A funding from investors which include Singapore-based K3 Ventures and former global CEO of Yum! Brands among others.

Fable aims to use the fund for R&D and for expansion into the UK, Singapore and North America markets. This year, ...

The Philippines’ Board of Investments (BOI) has commenced the development of the Philippine Plant-based Food Industry Roadmap, starting with an industry appraisal study. The country boasts of a handful of regionally well-known plant-based brands from Century Pacific (unMEAT), Monde Nissin (Quorn) and San Miguel (Veega) amongst others.

BOI has unveiled that it has partnered ...

Japanese confectioner, Ezaki Glico Co. has recently inaugurated its largest-ever factory for its mainstay ‘Pocky’ chocolate snack in Indonesia, aiming to supply to the growing demand from domestic market as well as from neighbouring Southeast Asia and North American markets.

According to a company spokesperson, Indonesia will be Glico's ‘new growth engine’ due to ...

Unilever will continue to invest in Vietnam, where it currently has 2 plants, said its CEO Alan Jope.

Jope said that the FMCG giant will invest not only in production but also development of brands and people.

Presently, most of Unilever’s output in Vietnam is sold locally, as such ...

Suntory Pepsico Vietnam, a beverage joint venture between PepsiCo Inc and Suntory, has received the approval to inject an additional US$38.8 million into its plant in the Mekong Delta city of Can Tho for the development of new tea and pure drinking water manufacturing lines.

The tea and drinking ...

Lotte Vietnam Co., Ltd. has recently inaugurated the new Lotte My Phuoc Factory in Binh Duong Province, Vietnam.

The new factory will produce Bouchee cake and Choco Pie under Lotte Chocolat brand, which will be launched in the domestic market in April this year.

Gocho Eiichi, President of Lotte Co., Ltd said that Lotte's ...

Vietnam processed food industry boasts of an average growth of 10% annually, however this industry still lacks competitiveness as a large proportion of its raw materials are imported.

As such, there is a huge potential for the development of domestic raw material processing enterprises. Asia Ingredients Group (AIG) is mentioned as one of the ...

Hindustan Unilever Ltd will sell its non-core atta brand 'Annapurna' and salt business under the brand 'Captain Cook' to a Singapore-based company, Reactivate Brands International (RBI) for Rs 604 million (US$7.37 million).

According to a statement by Hindustan Unilever, the decision to divest is in line with the stated intent of exiting non-core categories ...

Singapore-based Esco Aster is planning to open an 80,000 sq.ft cultivated meat plant in Changi, Singapore which will be ready to produce up to 500 tonnes of ‘meat’ annually in 2025, making it the nation’s largest plant of its kind for this niche segment.

In 2021, Esco Aster had the world's first licensed commercial ...

Malaysia’s major dairy producer, Farm Fresh has unveiled its RM83.9 million (US$18.6 million) acquisition of the country's largest homegrown premium ice cream chain, Inside Scoop, marking its expansion into the downstream business.

The move paves the way for Farm Fresh to expand vertically and diversify its risk by no longer depending on a single ...

Lactasoy Co, a major producer of soy milk, is set to resume investment up to the tune of Bt 600 million (US$17.3 million) in 2023 amidst a recovering market after the pandemic.

Lactasoy’s General Sales Manager, Monlika Chiraphadhanakul, said that the value of Thailand's soy milk market has increased to Bt 19 billion (US$549 ...

The flourishing Bt 70 billion (US$2 billion) Pet Food Industry in Thailand has led to Mars Petcare (Thailand) Co, a pet food company, to invest US$10 million to open a product testing facility at its factory in Amata City Industrial Estate near Chon Buri.

The APAC Pet Center is the first integrated pet food ...

On 6 March, Siam Makro signed a memorandum of understanding (MoU) with SPC Samlip, a South Korean leading bakery producer.

Both partners agreed to establish joint venture (JV) to implement bakery production and distribution business in Thailand, and operate in-store bakery shops to produce and distribute packaged bakery products at retail and wholesale channels ...

According to latest report by GlobalData, Japanese-based snacks giant Calbee plans to invest up to US$1 billion over the next 3 years in mergers and acquisitions, equipment upgrades, and automation to boost efficiency and accelerate growth. The move forms part of the company’s plan to establish itself as a ‘Made in Japan’ brand in China and ...




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