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SIAL China’s weekly snapshot of the global food and beverage industry.

Fonterra to debut fresh milk in China via Alibaba

Fronterra has teamed up with Chinese e-commerce giant Alibaba on a deal that will see the New Zealand dairy business sell its first fresh milk in China. The move comes at a time when Chinese consumers are consciously seeking products that are fresh, nutritious and safe, according to Fonterra’s Greater China President. [Full article]

Chinese spent 603 bln USD eating out last year

China’s catering and food delivery markets were booming in 2017, with revenue exceeding USD 600 billion and USD 30 billion, respectively. Chinese, Western, Japanese, and Korean cuisine were all popular menu choices. [Full article]

Barry Callebaut sees China's potential as one of the world's biggest chocolate markets

According to analyst firm Euromonitor, China’s chocolate confectionery sector is expected to grow from USD 2.8 billion today, to approximately USD 3.9 billion by 2021. Leading this growth are increasing chocolate savvy consumers. [Full article]

Why Yum China Holdings, Inc. Stock Popped 53.2% in 2017

Yum China opened 133 new locations in 2017, bringing its total to 7,600. This expansion, as well as consistent growth, helped the firms share price increased 53.2% in 2017. [Full article]

SIAL China, Asia’s largest food innovation exhibition, is held annually in Shanghai from May 16 to May 18. For more information, go to www.SIALChina.com, or contact us at: info@sialchina.cn

Tags : Fresh Milk Chocolate Yum China Alibaba

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