Oatly has unveiled a cost-cutting plan after posting another disappointing set of results, with a $107.9m net loss on net revenues up 7% to $183m in the third quarter (+16.7% to $199.7m on a constant currency basis), with gross profit margins of just...
By Ulu Hye revamps size of dairy-free mylk base jars amid retail push
World-first dairy-free mylk base creator Ulu Hye has launched smaller versions of its products in preparation for entry into major supermarkets as well as expansion to overseas markets.
New Zealand’s first locally mass-produced oat milk brand Boring Oat Milk has its eye on the discerning APAC-wide coffee crowd after a successful domestic supermarket launch, and is confident that its ‘whisper, not shout’ strategy will stand out on shelves.
Singapore-based WhatIF Foods recently launched its first Bambara groundnut (BamNut) milk into the market, and is confident that its R&D has produced products capable of standing out whether in terms of creamy mouthfeel or dairy-like functionality.
Upfield is launching its plant-based cheese brand Violife into the Middle East, following the introduction of its Flora spread last year, with Asia markets set to follow suit.
Asia’s first pea milk firm Snappea seeks to make the most of its first-mover advantage by emphasising the natural flavour of peas in its products as opposed to simulating dairy, believing that this sets it apart from other milk alternatives in the market.
The plant-based dairy industry in the Asia Pacific region has traditionally seen products such as soy milk and almond milk lead the pack, but recently firms have been utilising many more unique plant-based sources to produce dairy alternatives, or creating...
India’s Epigamia – which is backed by Danone among others - has launched the country’s first branded plant-based yoghurt made with coconut milk as it seeks to transform the Indian dairy industry.
