Food safety and robotics will be taking centre stage at the upcoming AusPack 2017.
A significant rise in number of veggie and vegan foods available in Australia has been observed over the past few years, and Mintel Global New Products Database (GNPD) reports vegan food launches grew by 92 percent between 2014 and 2016.
Western Australia’s (WA) Premier Colin Barnett was in Singapore recently to commemorate the international launch of Western Australia Worth Sharing, an export-focused agriculture brand.
Chinese drugmaker Shanghai Pharmaceuticals and private equity firm Primavera Capital have agreed to buy Australian vitamin maker Vitaco for A$313.7 million (US$239 million).
A wheat variety, termed ‘Tungsten’, developed in Western Australia could boost the nation’s export market, according to researchers. After 10 years in development, the seed produces the highest protein wheat on the market. This higher protein content could provide Australian farmers with a competitive edge against countries that have been delivering wheat with higher protein content to some of the country’s key customers like Asia.
Beijing-based investment management company Tsing Capital plans to establish an AU$1 billion (US$752.3 million) fund for specialist food and agriculture investment in Australia.
A new dairy plant, as part of the joint venture between Au Lait Australia and Nature One Dairy, will establish a direct link for Darling Downs dairy farmers to the Asian dairy market.
To help Australians find out more about where their food comes from, new country of origin food labelling laws have come into effect in Down Under.
Tyrrells, the UK food manufacturing company, has unveiled plans to expand its brand into the Australia and Asia Pacific markets, less than a year after the company invested in Yarra Valley Snack Foods.
Sydney-based company Made by Cow has obtained the approval of the New South Wales Food Authority to sell a bottled ‘cold-pressed raw milk’ that uses cold pressure as an alternative to the conventional heat pasteurisation.