Market News | HKTDC Food Expo

Sep 2022

The Food and Drug Administration is proposing to update the definition for the implied nutrient content claim “healthy” to be consistent with current nutrition science and federal dietary guidance. Comments on this proposal may be submitted through 28 December.

Sep 2022

Sam Say founded Bolaven Farms — a coffee business with a vision to make delicious coffee, empower farmers and steward watersheds — in Hong Kong in 2007. Say shared his passion for the Proceso Puro Circular Coffee System, a net-zero emissions approach to coffee that captures the intrinsic quality of coffee cherries at harvest, empowers growers with equitable and inclusive social arrangements and promotes soil and watershed conservation.

Sep 2022

India has banned the export of broken rice and imposed a 20% duty on the export of other grades of rice, effective from 9 September 2022. The export duty will cover white and brown rice, which make up more than 60% of India’s exports. Parboiled and basmati rice are exempted.

Sep 2022

Under new rules for bulk food management recently released by the Guangdong Administration for Market Regulation, bulk food business operators must obtain certain business licences. They must also have business premises appropriate for the varieties and quantities of the bulk foods concerned.

Sep 2022

Foreign and domestic food facilities, including food facilities located in Hong Kong and mainland China, that do not properly renew their registrations with the Food and Drug Administration can be locked out of the U.S. market. Renewals for these registrations are due by the end of 2022.

Sep 2022

The National Health Commission recently released its 14th five-year plan for food safety. The plan covers 15 tasks, including improving food safety standards, raising the level of risk detection and recognition and implementing nutrition plans targeting the general public and dietary initiatives.

Sep 2022

Headquartered in Singapore, EZY Gardening was founded in 2019 to provide at-home hydroponic gardening solutions. Its founder, William Quek, believes that growing healthy food at home should be easy and fun for everyone. He is optimistic about the potential of key Asian markets including Hong Kong and Japan, and plans to set up local farms and promote hydroponic gardening to consumers.

Sep 2022

Among the many mainland cities to have rolled out consumption stimulus initiatives, the capital’s programme has proven particularly effective.

Sep 2022

The CPSC has provisionally accepted a settlement in which a company has agreed to a US$5 million penalty to resolve charges that it knowingly imported all-terrain vehicles without the CPSC-approved ATV action plan required by federal law, although all but US$1.25 million of this penalty will be suspended.

Sep 2022

Fred Chu, the co-founder of Nosh Produce in Singapore, started his indoor vertical farming business in 2020. In an interview with HKTDC Research, he talked about the increasing demand for fresher and healthier crops from the domestic market. Customers are not only choosing healthier food products but also paying more attention to the production process.

Go to Page