Australia-based Retail Food Group (RFG) will acquire the assets of New Zealand-based Evolution Coffee Roasters Group (ECRG) in a deal the latter expects will bolster its existing portfolio of products in the region.

The traffic light labelling system may have lost steam in Europe but in Australia, the debate has again been reignited with a new study on the nutritional content of muesli.

Asia Pacific markets are ripe for functional foods development as a response to the increasing prevalence of western diets, says Katrina Diamonon, consumer analyst at market researcher, Datamonitor.

Fosters is advising shareholders to ignore SABMiller’s (SAB) latest takeover bid, saying the offer price “undervalues the company”.

Malaysian halal food makers have a number of opportunities in China’s food market, especially in the Muslim population provinces, a statement from the Malaysia External Trade Development Corporation (MATRADE) said.