Read more on palm oil industry concerns over EUDR workstream model, Nestle Malaysia's financial results, Coca-Cola's ASEAN focus and much more in our 10 most-read APAC F&B stories for March 2024.
Click through the gallery to see them all.
Read more on palm oil industry concerns over EUDR workstream model, Nestle Malaysia's financial results, Coca-Cola's ASEAN focus and much more in our 10 most-read APAC F&B stories for March 2024.
Click through the gallery to see them all.
Significant doubts remain as to whether the EU’s new deforestation workstream model will be sufficient to allay fears raised by palm oil producing nations, especially in relation to sustainability and smallholder farmers.
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Nestle Malaysia believes that the strength of its core brands such as KitKat and Maggi, as well as the advantages of its large local production operations, will serve it well in overcoming current ‘subdued’ consumer sentiment in the country.
Read the full story here.
Coca-Cola Europacific Partners (CCEP) believes that a recent Philippines acquisition and portfolio realignment in Indonesia stand it in good stead to capitalise on future growth in Asia Pacific.
Read the full story here.
The New Zealand Ministry for Primary Industries (MPI) has launched a new food allergen labelling guidebook targeted at food and beverage manufacturers, importers and retailers to ease companies into newly-enforced regulatory requirements.
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Members of the Philippines government are calling for regulations that would officially ban manufacturers from using added sugar as an ingredient in foods for young children aged three and below.
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Singapore-based beverage heavyweight Yeo Hiap Seng (Yeo’s) has predicted a challenging year ahead after reporting a near doubling in profits but a significant overall drop in revenue, citing ongoing inflation and soft consumer spending as key factors.
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Dairy giant Yili says that clean label and high protein content are now just as important to Chinese consumers as fortification.
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Mondelez International-owned Cadbury Australia has revamped the packaging for its Easter series to meet consumer demand for sustainable packaging, and as part of the firm’s long-term efforts to reduce plastic use and wastage.
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Singapore-based firm Prefer believes that its bean-free coffee alternative is ready for entry into the wider Asian market this year, banking on affordability, sustainability and customisation benefits to drive growth
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Global cheese giant Bel Group believes that innovation in APAC requires hyper-localised strategies to see success, due to a wide variation in consumption habits across the region
Read the full story here.