Well-being, digital advancement, localization and speed are amongst the major trends and opportunities that global snack manufacturing giant Mondelez has identified as crucial to shaping the future of snacks in APAC and beyond.
Nestle Australia is set to launch its new cane sugar-free Milo 30% Less Added Sugar next month after over two years of development – but consumers will getting less beverage for their buck due to higher production costs.
Malaysia plans to develop a whole new category of tourism based solely on durians, banking on the rising appeal of the ‘king of fruits’ to foreigners, which has seen exports soar and a raft of NPD featuring durian ingredients.
Nestlé China is harbouring two highly ambitious goals – it wants to cut down the speed to market of new products and brands from 18-24 months to six to eight months and aims to launch 170 new products for this year.
New Zealand peanut butter firm Fix & Fogg has hedged its bets on high quality, healthier nuts and creative, New Zealand-themed product variations in an attempt to expand further in the Asia Pacific region.