Forget India and China: Indonesia is driving Asia’s middle-class boom
The opportunities to engage with Southeast Asia’s growing middle-class are abundant, but marketeers will also need to nurture the consumer up the value chain to ensure success.
Archives for March 27, 2014
Naturex battles botanical adulteration with supply chain security
High-priced botanicals like bilberry and saw palmetto continue to attract counterfeiters and adulterers, meaning supply chain integrity is more important than ever, the world’s biggest herbal extract player has said.
Firmenich bolsters Asia-Pacific presence
Firmenich, the largest privately held flavour and fragrance company, is ramping up its Asia-Pacific presence as it banks on the region’s increasing awareness of health and wellness.
Baby food boom in China is emptying Australian supermarket shelves
Australia’s baby food industry grew by 9% in value in 2013, thanks mainly to growing demand from China’s expanding middle class for safe and quality milk formula, said a new report.