Local dairy growth, plant-based fried chicken, agri-food sector revolution and more feature in our round-up

Rebecca R. Ammons

China dairy growth: Rising consumer income and increased functional product innovation yields large leap​

China’s dairy industry witnessed a large growth in per capita consumption in 2021, backed by rising consumer incomes and firms responding to current trends with the development of functional products.

According to data from the Dairy Association of China (DAC), 2021 saw the per capita consumption of milk in China rise to 14.4kg, a significant increase of 10.6% from the previous year.

“One of the contributing factors to this has been the recovery and rise of consumer income, allowing for a corresponding increase in demand for [quality] products such as dairy,”​ the association said via a formal statement.

Clucking good: Shanghai plant-based ‘fried chicken’ firm Haofood reveals exclusive expansion plans​

Shanghai plant-based firm Haofood has exclusively revealed its ambitious expansion spans, both at home and abroad, after receiving a major funding boost from investors.

CEO Astrid Prajogo outlined plans to achieve a 4,000% to 6,000% growth through advancing its R&D infrastructure, diversifying sales channels and expanding to other regions.

“I feel extremely grateful and honoured. This funding can empower us to accelerate our business.

“When I was about to build Haofood, I intended to do good. I thought… How can I secure a good future for my daughter? She’s 20 now. What kind of life and environment do we want to pass on to them? This makes me think time and again. What I do will come back to me,” ​said Astrid.

Tech revolution: Intense Chinese uptake of digitalisation, robotics propelling food, ag sector​

The rapid adoption of digitalisation and robotics is making serious waves to amplify China’s status in the food and agtech sectors, claims a leading regional investment expert.

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Synthica Energy Announces Development of Food Waste Focused Anaerobic Digestion and Renewable Natural Gas Facility in Houston, Texas

HOUSTON, June 11, 2022–(Organization WIRE)–Synthica Energy, LLC introduced the development of a new anaerobic digestion facility in Houston, Texas. The facility will concentration on changing organic and natural byproducts from foods, beverage, and biofuel producers into Renewable Natural Gas (RNG), therefore lowering the organics at present using up space in […]

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