Indian dairy brand Epigamia believes that its new single-serve, ready-to-eat (RTE) desserts range will tap on rising local consumer demand for choice and individual preferences when it comes to sweet treats.
Kao Corporation has entered into an agreement with Kirin Beverage Company Limited for the transfer of Healthya, a functional tea-catechin beverage brand, to focus its resources on other business areas to achieve its targets for FY2027.
Thai beverage firm Dutch Mill is renewing its focus on its Arabus coffee range, having launched a wide variety of ready-to-drink products aimed to provide convenient yet affordable coffee options for consumers in the region.
Dubai-based frozen desserts brand House of Pops has identified three key drivers to propel its next stage of growth, namely expansion of product line-up, increasing market presence, and offering of private label services.
Japanese food and beverage giant Kirin Holdings has announced that it is implementing a fourth round of price hikes within the past 12 months in order to cope with current ‘difficult’ conditions, including production cost increases.
The APAC tea sector need to focus on functionality and format innovation and not just increasing blend varieties if it is to enjoy sustained growth, according to Sri Lanka and Europe-based tea specialist English Tea Shop.
Confectionary giant Mondelez believes that inflation affecting cocoa and sugar, as well as ongoing political tensions in the Middle East are major challenges that it will need to overcome this year, despite having announced ‘record’ profits fror 2023.
Japanese beer giant Asahi is hopeful that its recently-completed large-scale group restructuring strategy to establish individual regional headquarters will maximise its competitive advantages across its four major markets.
Kirin has reported strong revenue growth for its non-alcoholic beverage business, driven by demand for health functional drinks and especially those in small-volume PET bottles, the company said in its FY2023 financial results.
Beer giant Carlsberg Malaysia has renewed its commitment to investing into both its premium products strategy as well as e-commerce presence, despite seeing poorer year-on-year performances on both fronts in the last year.
China-based Evergreen Food has developed a huge portfolio of convenience-focused ready-to-use seafood products in a bid to expedite exports of local seafood dishes that would usually be too complicated to prepare without expertise.
Thailand’s Tawandang Distillery believes that the use of scorched jasmine rice in its liquor products, and what it claims to be the ‘most-advanced’ distillery in the region will give it a competitive edge.
Thailand’s JD Food believes that coconut clusters are the snacking industry’s answer to demands for a perfect combination of healthy and affordability, having launched a dedicated brand to cater to consumer demand.
Indian startup Salud Beverages is expanding its range of ready-to-drink alcoholic drinks, while also branching out into a fashion line, music playlists, and a collection of NFTs, as it seeks to appeal to consumers new to the market.
Saudi food manufacturing major Saudia Dairy and Foodstuff Company (SADAFCO) seeks to raise operational and supply chain efficiencies through its newly built depot in Makkah, amid rising demand from neighbouring markets.
Nestle Singapore and upcycling specialist firm KosmodeHealth are looking at new product innovations with valorised ingredients in an effort to move forward with their award-winning upcycling collaboration.
Insect foods start-up Plento is set to launch its range of baked crisps containing pea protein and cricket flour, which the firm claims counteract nutrient limitations of snacks made solely from plant-based protein, in South Korea this February.
India’s Hemp Horizons believes that a innovation approach combining the nutrition of hemp seeds with the wellness benefits of Ayurveda could hold the key to the sector appealing to a larger consumer base.
Exclusive insights from major brands GNC and Life-Space, alongside thriving Indonesian firm YouVit and pioneering research from Singapore's Centre for Healthy Longevity will be featured at our Growth Asia Summit 2024.
Thai natural fruit juice specialist Manee Manao is banking on the ongoing watermelon smoothie craze dubbed ‘tangmo-pun’ in South Korea to boost the success of its new frozen watermelon puree export business.
Singapore-based OATSIDE has recently expanded its product line-up to include a range of ice creams as part of its growth strategy, on the back of burgeoning popularity of its oat milk products across Asia.
Nestle’s star coffee brand Nescafe believes that its keystone soluble coffee products continue to play a crucial role in recruiting and converting consumers in the Asia Pacific region to enter the wider category.
New liquid sweetener brand Zerup believes its products will open new avenues for more beverages in Singapore to go zero-sugar with no compromise on taste, helping firms to comply with the local Nutri-Grade requirements more easily.
Singapore-based plant-based products firm Thoughtful Food believes that the sector needs to look more closely at dry and ambient innovation as a key driver, particularly for brands seeking to solve ultra-processing challenges or go more clean label.