The global insulated packaging market saw a rapid growth from 2013, and is projected to grow at a CAGR of 5.12% from 2015 to 2020, to $14.2bn by 2020, according to market research company MarketsandMarkets (M&M).
Making its debut at Vitafoods Asia, the Market Insights Hub will offer independent micro-presentations from industry leaders with the aim of helping visitors and exhibitors better understand the business landscape and optimise opportunities in the region.
AstaReal will introduce an innovative new form of astaxanthin at Vitafoods Asia 2014. The EL25 product features cold water-dispersible beadlets with 2.5% astaxanthin content and is optimised for use in powder formulations.
The new breed of shoppers in the Asia-Pacific region, buoyed by growing incomes and increasing choice, are more “demanding” of retailers, according to Nielsen.
It is no coincidence that China is leading the way across the Asia-Pacific region by moving towards natural foods. With the country’s industry sullied by an ever-evolving tale of lax food safety standards - with the will to improve in this department...
Symrise today inaugurated a new pilot plant for flavour encapsulation at its Singapore facility, which the company says is one more step in its expansion in the region.
Chocolate giant Cadbury will spend NZ$20 million (€10.3m) to expand
production of chocolate crumb in New Zealand, allowing it to meet
forecast growth in demand from the Asia-Pacific region, it
announced yesterday.
