Developing markets in Asia and Africa risk being sidelined in the efforts to create a more sustainable food system, unless inclusion and affordability are placed front and centre to improve nutrition.
Australia’s plant-based pioneer v2food is aiming to strengthen its position in the category through the acquisition of ready meals brand Soulara, with portfolio expansion and broadening sales channels as growth drivers.
Nestle Malaysia believes that the strength of its core brands such as KitKat and Maggi, as well as the advantages of its large local production operations, will serve it well in overcoming current ‘subdued’ consumer sentiment in the country.
Increasing demand for heathier products coupled with manufacturing advances is giving pre-packaged avocado firm Freshcourt optimism to expand across Asia and the Middle East.
Dubai-based frozen desserts brand House of Pops has identified three key drivers to propel its next stage of growth, namely expansion of product line-up, increasing market presence, and offering of private label services.
Food and beverage major Nestlé Professional claims there is a need to move away from marketing keywords such as “plant-based” and focus on elevating the taste of alternative protein products to boost “natural” uptake and sector growth.
Plant-based dairy brands in India are continuing to steer away from using conventional dairy terms on their product labels until regulators issue greater clarity on what is permitted.
Emerging technologies such as 3D food printing (3DFP) are unlocking opportunities to develop nutrient-rich and personalised plant-based substitutes for traditional meat, say researchers.
Food industry experts in Thailand remain optimistic over the potential of plant-based meat in the country despite slower-than-expected uptake, citing hybrid innovation as one of the growth opportunities.
Thailand’s JD Food believes that coconut clusters are the snacking industry’s answer to demands for a perfect combination of healthy and affordability, having launched a dedicated brand to cater to consumer demand.
Insect foods start-up Plento is set to launch its range of baked crisps containing pea protein and cricket flour, which the firm claims counteract nutrient limitations of snacks made solely from plant-based protein, in South Korea this February.
We take a closer look at five of the top trends that look set to shape the Asia Pacific food and beverage industry in 2024, from the newly-emerged ‘premium affordability’ to the evolution of plant-based protein, the rise of RTD beverages and more.
After a hugely successful second event in 2023, our Growth Asia Summit returns for 2024 with a new July date and an agenda packed with the latest food, beverage and nutrition growth opportunities.
A plant-based diet may have the potential to lower the risk of gestational diabetes mellitus (GDM) during pregnancy, according to researchers in Fujian Province, China.
South Korean plant-based food brand UNILMEAT has opened an online store specially catering to the US market to satisfy consumer demand following positive growth and sold-out launches.
Singapore-based OATSIDE has recently expanded its product line-up to include a range of ice creams as part of its growth strategy, on the back of burgeoning popularity of its oat milk products across Asia.
Food and beverage products with tea bases and botanical-infused flavours or aromas are seeing a surge in popularity amongst consumers in APAC, with more and more people seeking out ‘refreshing’ sensations.
Singapore-based plant-based brand Thoughtful Food has launched a range of cleaner label, ready-to-eat (RTE) meals in anticipation of its ambitions to start exports across the region and globally.
Singapore-based plant-based products firm Thoughtful Food believes that the sector needs to look more closely at dry and ambient innovation as a key driver, particularly for brands seeking to solve ultra-processing challenges or go more clean label.
Tofu and beverage brand Vitasoy hopes the performance of its soy milk and tea businesses in Asian will help it bounce back from manufacturing and logistical challenges faced in Oceania over the past six months.
The better-for-you snacks sector in Asia Pacific will need to step up its focus on product functionality and freshness if it is to build on the boom it has enjoyed in recent years.
Nestle India has launched a variety of new products focused on millets as a key ingredient this year, in an effort to increase consumer acceptance and awareness via familiar product formats while also aligning with the Indian government’s International...
Why do people buy meat alternatives? A new study reveals that values focused on one’s relationship to a group, such as ‘self-transcendence’, are far more likely to influence their decision to buy meat alternatives than ‘self-focused’ values such as a...
The nutritional value of plant-based meats is limited by lack of key micronutrients, although they contain significantly less saturated fat, indicates an assessment of products on the Hong Kong market.
The nut butter industry in Asia Pacific is targeting pricing strategies and novel applications as it seeks to achieve mainstream success beyond being ‘just a spread’, according to industry experts.
China-based clean label brand Haofood is putting extra efforts into innovation while maintaining focus on taste and affordability to boost consumer adoption of plant-based diets.
Chinese 3D food printing firm MOODLES believes that this technology needs to be efficiently incorporated into the production of personalised nutrient-rich staple foods that consumers will eat on a daily basis if the sector wants to grow locally.
Hybrid innovation with meat and plant-based ingredients, affordability and a focus on the needs of flexitarians is needed to boost the protein sector in APAC over the long-term.
A new study reveals the key differences in nutrient intake when an animal-based diet is replaced with plant-based alternatives, with calls for greater in-depth research and consideration of such factors manufacturers when developing new products.
Plant-based and better-for-you vegetable snacks firm Nudie Snacks is targeting the Middle East market with its larger packaging size strategy on the back on a growing trend of consumers demanding not only healthier snack alternatives but also shareable...
Stronger government regulatory support and the ‘debunking’ of myths surrounding hemp are still at a ‘crucial’ stage in Asia, the success of which is key to unlocking its active nutrition potential.
While dairy is the basis of protein nutrition, the use of plant-based and precision fermented protein is bound to increase in products such as infant formula, healthy ageing, and sports nutrition, says dairy multinational firm Friesland Campina.
Japanese plant-based meat firm Tastable hopes its experience in texture modification will help it successfully commercialise and grow its new Nikuvege brand.
The plant-based industry in Asia Pacific will need to further boost product diversification and hybrid innovation strategies it is to continue to grow amid a slowdown in the West.
Australia and New Zealand are lagging behind when it comes to alt-protein innovation and advances, with capital and commercialisation challenges holding the sector back.
Nissin has committed to further product development plans for instant noodles using alternative proteins, after a first launch featuring plant-based ‘eel’ was well received in Japan.
Singapore-based plant-based brand noomoo says it wants to be the ‘first’ Asia brand with an ‘all-encompassing’ range of products across plant types and categories, while focusing on B2B and online sales before expanding into physical retail channels.
Malaysian newcomer postbiotic firm My Myracle has commercialised a series of postbiotics using solely bacteria from plants instead of other common sources, such as faeces of healthy individuals or animals. It says that using plant-derived bacteria is...
Australian plant-based producer v2food says that consumers should not discredit the entire category based on a single negative experience, stressing it is still relatively young, especially when compared to the traditional protein sector.
Price premiums, unsatisfactory taste, and a persistent perception of over-processed products are the most common barriers to plant-based meat consumption in Asian markets.
South Korean firm PlantEat believes that innovation must result in minimal sensory changes and products should remain as familiar as possible in order to boost consumer transitions to healthier diets.
Singapore start-up Hegg has launched its eggless Japanese mayonnaise in the domestic market and is looking to capitalise on growth opportunities across Asia with ‘localised flavours.’
Plant-based, better-for-you alternatives, and functional snacks dominate the latest accelerator cohort in Australia led by a Woolworths-backed accelerator.
The burgeoning plant-based dairy sector in China will need to quickly shift from its first generation focus on emotions and sensory properties to more functional innovation in order to ensure continued growth in the local market.
Thailand’s Eatvolution has developed a chickpea rice alternative that is richer in nutrients and lower in carbohydrates as it seeks to entice increasingly health-conscious consumers as well as diabetic patients.
Tetra Pak believes that food and beverage brands today need to meet consumers’ increasing emotional needs in terms of feeling ‘empowered’ when making purchasing choices, such as offering them innovative product options that are healthier or more sustainable.
The APAC plant-based dairy industry believes that controversy surrounding the use of dairy terms for plant-based product labelling is unlikely to happen in this region despite contention in other markets, citing differences in local consumption drivers...
NZ-based Off-Piste Provisions has outlined how consumer demands for healthy convenience food and a ‘chewing experience’ are key drivers guiding its product development strategy amidst plans for Australia and United States expansion.
Healthier snacking brand Hey! Chips is looking to overcome the dominance of ultra-processed snacks in the market by innovating with whole ingredients to make scalable clean label products.
Singapore-based OnlyEg has rapidly grown its presence in various markets across the Asia Pacific and Middle East regions with a focus on the taste and texture of its ‘no sacrifice’ plant-based eggs, available in a multitude of ready-to-eat (RTE) formats.