Vietnam-based fruit multinational Les Vergers du Mekong is banking on its centralised production location and fresh fruit-only guarantee to expand its presence in retail markets across Asia, on the back of a successful leap from HORECA to modern trade...
Nestle Malaysia saw its profits for the third quarter take a hit year-on-year due to rising commodity costs and poor exchange rates, with firm predicting that this challenging situation will not abate any time soon.
FrieslandCampina said its 2’-fucosyllactose trademarked Aequival has been approved by Australia’s and New Zealand’s authorities for use in infant milk formula, and that it is on track in expanding its human milk oligosaccharide (HMO) portfolio.
Ensuring that brand focus is maintained after joining a larger company is crucial to sustain and boost growth, according to sugar replacement start-up Swiftlet which has become part of Vietnamese conglomerate Senix Health Group.
ProPhase Labs, a genomics testing firm and dietary supplement marketer, has signed an agreement with an Abu Dhabi-based artificial intelligence firm to expand its genomic testing capabilities.
The Quaker Oats, Frito-Lay and Pringles maker has launched a series of videos showcasing how it is working with farmers in Thailand, Greece, India and Brazil to help them adapt to climate change.
Taiwan's psychobiotic specialist Bened Biomedical has conducted a soft launch of its first set of finished consumer products sold under the same brand name in a bid to conquer the global markets.
Recent changes in Thailand’s sustainability-linked financing rules are set to deliver a boost to the ‘Blue Finance’ sector, which is good news for firms dabbling in this area such as seafood heavyweight Thai Union.
Beverage giant Suntory believes that a focus on ‘forward-looking’ sugar reduction will remain crucial for firms to overcome the risk of sugar taxes and achieve significant, long-term growth in the region over the coming few years.
ASEAN snacks from Lecka, Asian cultivated fish by Bluu Seafood, Thai-focused plant-based meat by Let's Plant Meat and more feature in this edition of Start-up Spotlight.
The winner of NutraIngredients-Asia Awards 2022 Start-Up prize believes its flagship product – a prebiotic fructo-oligosaccharides juice extracted from yacon – could follow in the footsteps of Manuka Honey and become New Zealand’s next big exports success.
Johnnie Walker believes that post-COVID-19 innovation within the alcohol industry now needs to move beyond flavour variation and to focus more on digitalisation, globalisation and sustainability aspects to satisfy consumer demands.
Thailand’s Chiangmai Bioveggie is focusing on exports for its single-ingredients frozen lime juice product, banking on the culinary heritage of limes in many Asian and Middle East markets, coupled with shelf-life benefits, for success.
Australia’s So Soda is hoping for success amid the thriving non-alcoholic beverages category by focusing on flavourful and sophisticated drinks that don’t seek to replicate existing booze products.
Malaysian plant-based protein firm the Ultimeat Group plans to tailor its formulation and packaging to every market it intends to enter from 2023 to 2024.
Bubs Australia is hoping to expand its presence in China via the general trade route through the introduction of its first China-label goat milk infant formula.
Nestle India has highlighted the incorporation of traditional ingredients into children’s foods as a key strategy to boost parent confidence in a product’s nutritional benefits, on the back of its latest ragi-based cereal launch.
There is just one week until our in-person Growth Asia Summit takes place in Singapore, but there is still time for you to snap up some of the last remaining delegate tickets!
The Chinese packaged food sector is set to experience market growth at a CAGR of 5.6% from 2021 to 2026, especially for snacks, savouries, dairy and beverages.
Gencor Pacific is eyeing new product development opportunities aimed at improving the quality of life in individuals who experience the lingering effects of COVID-19 infection, following new trial findings on one of its trademarked ingredients.
India’s edible oils and food giant B. L. Agro Industries is gearing up for a rapid increase in production as it seeks to cement its position in the domestic market.
Japanese food giant Ajinomoto has highlighted alternative proteins and frozen foods as two of the firm’s key growth strategies, in its first public report issued since its new leadership took over office earlier this year.
A New Zealand probiotic company is aiming to broaden the health claims applicable for its flagship probiotic strain BLIS K12 in the area of upper respiratory health, following favourable findings published recently.
Food technology company Aliga Microalgae progresses its plans to scale the microalgae ingredient, chlorella, as an alternative protein after buying an existing production facility in Holland.
Increased consumer demand for premiumisation and alternative protein products, as well as inflation-driven price hikes, are driving the need for technology such as Artificial Intelligence (AI) in traditional ‘commodities’ that have so far not been exposed...
China dairy giant Yili has registered record growth and increased market share in its recently-released H1FY2022 financial report, and has attributed this success to the sales of its value-added dairy products as well as its efforts in rapid new product...
Ensuring the affordability and versatile functionality of products is key to attracting and retaining consumer loyalty when attempting to launch and grow any new category in the protein sector, according to Tyson’s APAC VP.
Disease outbreaks, such as swine flu affecting pork quality and the COVID-19 pandemic hitting supply chains, have raised the profile of plant-based products among lower-income consumers in Thailand, according to a brand CEO.
Food and beverage major CP Foods has identified the strengthening of its water management, food safety standards and healthy product innovation as key strategies to help the company with its business sustainability ambitions.
Key players in China’s infant formula industry have reported a drop in their gross profit margins in the first six months of this year, including the biggest local player Feihe, as well as Health and Happiness Group (H&H Group), and Ausnutria.
Asahi has highlighted plans to focus more strongly on its canned beer and healthier innovation businesses as it braces itself for cost pressures in Japan from October.
Nestle Health Science’s probiotics brand Garden of Life has launched two new probiotics targeted at kids’ growth and immune health on China’s offline retail market.
Olam says it is on a mission to improve low consumer awareness of ‘natural and sustainable’ alternative nut butters in Asia in a bid to open up new product development opportunities for the entire category.
Tyson’s plant-based innovations are complementary and not competitors to its existing traditional meat products, claims its Vice President Commercial for APAC in the first part of our exclusive interview.
The wellbeing and medical nutrition sectors are booming in China and South East Asia (SEA), says New Zealand dairy giant Fonterra, which has introduced a new portfolio aimed at tackling these needs.
Healthier snacks outfit Lecka believes that its all-natural snacks, localised flavours and sustainable packaging will help it attract the attention of millennial consumers across various markets in the South East Asian region.
The Indonesian producer of handmade cheese brand Mazaraat Artisanal Cheese plans to quadruple its daily output by building a second factory and subsequently entering more Asia Pacific markets from 2023 to 2024.
Australia’s Pharmacare Laboratories is growing the market presence of its dietary supplement brand Nature’s Way in South Korea via its first pharmacy deal with local chain Onnuri.
Japanese dairy giant Megmilk Snow has obtained approval from the Japanese government to implement its new sustainability-focused business plan, with completion targeted for 2025.
Thai Union has outlined ambitious goals for its in-house plant-based meat and seafood range OMG Meat over the next three years, including for its alternative protein sector to be bringing in US$30mn of revenue by 2025.
Singapore-based food technology firm ProfilePrint believes it has the capability to establish global standards for the food industry using its digital food fingerprint technology, on the back of partnerships with five of the food and beverage industry's...
The Asian plant-based protein start-up scene is geared to grow 25% by 2025 as more Asians look into flexitarian diets and firms region-wide strive to develop products better suited to their palate.
Brewery giant Carlsberg Malaysia has identified premiumisation as a crucial strategy for the firm to continue achieving profitable growth, even as the firm battles continued inflationary pressures, rising costs and consumer sentiment about price hikes
The a2 Milk Company (a2MC) said it has seen strong sales of its infant milk formula in China via both mother-and-baby stores and domestic e-commerce channels.
