Philippines cocoa and chocolate firm Cacao Culture is riding the rising consumer demand for healthier products to draw younger consumers to the traditional local drink tablea, also dubbed the ‘healthiest form of hot chocolate available’.
Chinese consumers are taking on average two to three supplement products weekly, with improving immunity, overall health, and digestive system as the key reasons, according to new survey findings by Herbalife.
Chinese plant-based start-up All Plants is intending to expand its SKUs from 8 to 11 this year, with the latest products involving fresh oat milk, and oat milk with functional benefits to target younger consumers.
Global snack giant Mondelez International has revealed that it is taking a new approach dubbed ‘humaning’ in its marketing and product innovation post-COVID, arguing ‘empathy and localisation’ are needed to win over consumers.
Beverage giant Coca-Cola has observed a rise in demand for beverages with zero-sugar and reduced-sugar formulations in the South East Asian region, which became even more pronounced after the COVID-19 pandemic hit.
Philippines-based coffee firm Varacco is looking to give instant coffee makers a run for their money with their patented ‘dip’ coffee products, which boasts the benefits of pure coffee with added convenience.
The Thai food industry has seen growth in both the manufacturing and export sectors so far in 2021 after overcoming last year’s pandemic slump – but the authorities are urging domestic food firms not to drop their guard yet.
Japanese brewery giant Sapporo is debuting its first hard seltzer products and a beer-like beverage across supermarkets and convenience stores nationwide, as it looks to strengthen its home-consumption portfolio amid the COVID-19 pandemic.
US-based alternative protein firm Nature’s Fynd has its eye on both the alternative meat and alternative dairy markets in Asia, and is confident it can tackle both of these simultaneously with its highly versatile fungi protein.