Brands manufacturing plant-based products in the APAC region have highlighted format innovation as a crucial factor in bringing down costs to a level that can satisfy local consumer demands in the short-to-mid term.
Asahi has highlighted plans to focus more strongly on its canned beer and healthier innovation businesses as it braces itself for cost pressures in Japan from October.
Australian consumers are not shifting to more healthy diets, even when it is cheaper to do so, with a lack of time and ‘unhealthy food promotions’ the two main obstacles.
Government buy-in will be crucial for cultured meat firms looking to hit cost parity for their products by 2030, with experts claiming that it will be an uphill battle go head-to-head with traditional meat products in terms of price by the end of this...
Flavour and high costs remain two of the biggest challenges that the cell-based meat sector needs to overcome before production for everyday consumers can be realised, but its potential benefits for customisation are unrivalled, according to a recent...
Beef and lamb farmers in New Zealand have seen fuel prices rise by nearly 20% in the last 12 months, following a recovery in the value of international oil.
Almarai announced a 14.4% increase in annual profits, to US$510m, but said it expected costs to rise US$133m in 2016 due to increased costs, as it bought US land worth US$31.8m.
Coca-Cola Amatil (CCA) MD Terry Davis has responded to an attack from the CEO of retail giant Coles, who claims that Coca-Cola costs Australian consumers too much at a 60% price premium over Asia.
