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New Zealand's international reputation is under threat as Fonterra battles its third foodsafetyscandal in six years.
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But foreign players have taken a significant role in niche markets such as milk powder after a 2008 foodsafetyscandal.
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Consumers in Taiwan have been shocked by a series of foodsafetyscandals.
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Foodsafetyscandals have made middle-class buyers wary of buying domestically.
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The deal comes as foodsafetyscandals plague the country.
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In China there is a seemingly endless diet of foodsafetyscandals and growing public anger.
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Japan and China, which are still grappling with fallout from foodsafetyscandals, weighed on APMEA results.
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Bruised by foodsafetyscandals and changing tastes, McDonald's is also selling a big stake in its Japanese arm.
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China has been rocked by a number of foodsafetyscandals in recent years, including contaminated rice and milk powder.
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Aigner gained a reputation as a steady hand when dealing with a series of foodsafetyscandals that disrupted commodity markets.
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Foreign-branded infant formula is a prized commodity in China, where consumers are distrustful of domestic brands given a series of foodsafetyscandals.
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Since the discovery of tainted baby formula in China in 2008, the country has been hit by a series of foodsafetyscandals.