A healthy diet is for now out of reach for low-income Australians, with climate change affecting the ability of food systems to provide sufficient nutritious and affordable foods at all times new research has revealed.
With consumption almost tripling over the last six years, China has leapfrogged France and Italy to become the world’s biggest red wine market, with surging demand for the variety in stark contrast to that for its inauspicious white counterpart.
Despite a healthy majority of the Australian population agreeing that they try to buy Australian-made as often as possible, it’s not always easy for them to put their money where their mouth is, as locally produced items become less widespread.
Mintel has asked the question “What will consumers be buying into in 2014?” From this, the media intelligence agency has identified some key trends that are set to have an impact on the food and beverage market across the Asia-Pacific region.
India’s buffalo meat (carabeef) exports to Southeast Asia are growing fast, thanks to rising demand in China, even though the world’s second-biggest economy has not officially opened its doors to India in this sector.
Chinese consumers who follow food and beverage brands on social media are likely to spend up to 160% more on their purchases each week, according to a study into the impact of “online brand storytelling” across the Asia-Pacific region.