Singapore-based multinational conglomerate Tolaram has revealed plans to diversify its focus and enter the Asian food market starting with the alternative protein sector, after several decades of dominating the African noodle industry.
A new Australian government report on imported food inspections has revealed that nutritional label errors are the most common issue found amongst foods entering the country, showing a worrying leap year-on-year.
Foreign food companies looking to benefit from South Korea’s e-commerce boom are being advised to prioritise localisation to maximise reach, with the nation’s per capita online transactions having been revealed as the highest worldwide.
Mars Australia has stepped up its use of predictive technology and big data to boost its understanding of post-COVID-19 consumer purchasing behaviour, as well as accelerate its new product development and innovations.
Consumers across the food and beverage landscape will simply walk away from brands that merely pay lip service to sustainability concerns, argues Fonterra’s APAC CEO, who believes that many are already ‘voting with their wallets’.
A company specialising in crocodile products is attempting to expand into the sports nutrition market for its supplement product – a capsule containing pure crocodile blood – after a recent human clinical research yielded favourable results.
COSMAX NBT is opening its fifth and final personalised nutrition store in October under the South Korean government’s personalised nutrition sandbox project, with the firm believing that the concept is rapidly gaining traction with consumers.
Singapore-based WhatIF Foods recently launched its first Bambara groundnut (BamNut) milk into the market, and is confident that its R&D has produced products capable of standing out whether in terms of creamy mouthfeel or dairy-like functionality.
Nestle has revealed that its newly-upgraded R&D centre in Singapore will place heavy focus on areas such as food upcycling and plant-based innovation, while also announcing the launch of a new ASEAN-specific R&D Accelerator.