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

Expect a Rise in Wine Sales and Prices in 2018

Wine sales and prices are expected to rise in 2018. With strong demand for higher-priced wines continuing to out-perform the lower priced wines, as people shift towards ‘better’ wines. Trade agreements and changing tastes in China have also helped increase demand for in the worlds fifth largest import market for wine. [Full article]

Britain's May gets $13.26 billion in China deals, Xi promises to build on 'golden era’

With deals worth more than $13 billion, British Prime Minister Theresa May ended her China mission with a pledge from President Xi Jinping to upgrade their “golden era”. Part of the deal will bring more of the UK's food and drink to China. [Full article]

Tyson Foods Has Invested in a Startup That Aims to Eradicate Meat from Live Animals

Tyson Foods, one of the world’s largest meat producers, joins the likes of Cargill, Richard Branson, Bill Gates, by investing in alternative food start-up, as the industry looks to satisfy consumers. [Full article]

Hershey, Mondelez Eye Returns on Shift to Healthier Snacks

Consumers are increasingly eating snacks in place of meals and food makers are betting that a shift toward healthier foods can satisfy consumer demand. It appears that snacking plus health and wellness is where the industry is heading. [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 : Food and Beverage Industry Wine Tyson Foods Snacks

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