Nikko Retail Corporation expanded its distribution network for Asahi Beer from its China's Shenzhen Tsingtao Beer Asahi Breweries.

The global fertilizer market, valued at $202 billion in 2023, is projected to grow at a CAGR of 2.7 percent between 2024 and 2032. Asia-Pacific leads both markets due to significant agricultural activity, growing populations, rising income among the middle-class, and changing dietary preferences in the region.