Read more on 2023 clean label and nutrition trends, price hikes driven by EU deforestation law, insect protein in APAC and much more in our 10 most-read APAC F&B stories for October 2022.
Click through the gallery to see them all.
Read more on 2023 clean label and nutrition trends, price hikes driven by EU deforestation law, insect protein in APAC and much more in our 10 most-read APAC F&B stories for October 2022.
Click through the gallery to see them all.
Consumers in the Asia Pacific region will continue to be strongly driven by products with clean label and positive nutrition claims moving into the new year, with food and beverage brands also set to boost innovation to meet these demands.
Read the full story here.
The EU's recent approval of its controversial deforestation regulation is expected to drive up the cost of palm oil and other affected commodities, and thus food and beverage prices, amid ongoing inflationary pressures that have already affected a majority of countries globally.
Read the full story here.
Insect protein-based foods in the Asia Pacific region have a distinct advantage in terms of production costs and are ahead of the curve when it comes to technology, but market readiness still remains the main bottleneck for the sector to fully thrive locally.
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The Japanese government has found no evidence of genetically modified (GM) food ingredient crops posing any risk to surrounding biodiversity in its latest nation-wide study, seemingly further supporting the case for GM foods to be granted wider berth in the local food supply.
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Nestle India has highlighted the incorporation of traditional ingredients into children's foods as a key strategy to boost parent confidence in a product's nutritional benefits, on the back of its latest ragi-based cereal launch.
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Global flavours giant McCormick has revealed that product innovation with spicy flavours that can bring the heat is going to be key for snacking firms in Indonesia to achieve significant growth.
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Beverage giant Suntory believes that a focus on 'forward-looking' sugar reduction will remain crucial for firms to overcome the risk of sugar taxes and achieve significant, long-term growth in the region over the coming few years.
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Johnnie Walker believes that post-COVID-19 innovation within the alcohol industry now needs to move beyond flavour variation and to focus more on digitalisation, globalisation and sustainability aspects to satisfy consumer demands.
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Malaysian plant-based protein firm the Ultimeat Group plans to tailor its formulation and packaging to every market it intends to enter from 2023 to 2024.
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Major Australian beverage firms including Coca-Cola and PepsiCo have increased their sugar reduction commitments for non-alcoholic beverage products in a further push to demonstrate the efficacy of industry-led initiatives over taxation.
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