Thai seafood giant Thai Union has highlighted its ambient product business as the main sales growth booster for the company in the first half of 2024, further supplemented by rising tuna prices and its rapidly-growing value-added product category.
The next stage of evolution for the plant-based seafood sector in APAC is likely to come from the sea itself, in the form of proteins from marine-based plants such as seaweed and kelp, according to seafood giant Thai Union.
The plant-based space is nowhere near hitting the premium space yet, with affordability fundamental in driving demand amid deepening consumer economic concerns, says Thai Union.
Manufacturers of plant-based seafood need to ensure they get the sensory experience right if the sector hopes to reach the scope and consumer acceptance that other plant-based meat alternatives have achieved, according to Thai Union.
Seafood heavyweight Thai Union has called for more big brands dealing in protein to hop into the alternative protein sector – but stressed that the motivation for this needs to be more centered on food security than profit margins.
Thai Union has outlined ambitious goals for its in-house plant-based meat and seafood range OMG Meat over the next three years, including for its alternative protein sector to be bringing in US$30mn of revenue by 2025.
Seafood major Thai Union has taken the unprecedented step of partnering with NGO Sustainable Fisheries Partnership (SFP) and opening up its entire supply chain for auditing under the body’s internationally recognized Seafood Metrics system, to boost the...
Global seafood giant Thai Union says it is placing a significant focus on microalgae omega-3, besides its usual marine sources, as it seeks to diversify its ingredients business.
Seafood giant Thai Union has unveiled a raft of new sustainability initiatives, spanning employee rights, climate change and food loss, as it pledges to build on the high scores it received in the international Dow Jones Sustainability Indices (DJSI).
Global food MNC Thai Union has revealed that it is eyeing several major business opportunities to be found in the hemp and CBD sector, from alternative proteins to supplements.
Seafood multinational giant Thai Union is using the principles of forensic science to prevent food fraud, leveraging on DNA technologies to provide traceability and authentication for its seafood products.
Global seafood giant Thai Union has pinpointed traceability to be the ‘backbone of sustainability’ in its upcoming sustainable seafood strategy, SeaChange 2025, with a strong emphasis on tech transformation.
The ingredient arm of Thai Union Group is exploring further new product development (NPD) opportunities from tuna as it seeks to expand its functional protein offering by emulating the success of the dairy industry in moving into high-value ingredients.
Thai Union’s head of global innovation reveals why the firm has taken an interest in and invested multiple insect protein firms, as well as the importance of this to diversify and manage its product portfolio for the future.
Asian seafood giant Thai Union has revealed plans to launch a range of plant-based products comprising both seafood and non-seafood items this year in response to high consumer demand - and believes its longstanding seafood expertise will give it an edge...
Seafood giant Thai Union has revealed how it is looking to broaden its healthier products portfolio including ready-to-eat (RTE) meals, on the back of significant investment in Singapore low-GI firm Alchemy Foodtech.
Thai seafood giant Thai Union has opened a South East Asian operation in Singapore dedicated to food tech ventures, citing the excellent opportunities to make good regional collaborations as a major deciding factor for choosing the city-state to set up...
