Snacking giant Mondelez International believes that baked snacks are set to play a major role in propelling the APAC market , underscoring this belief with the launch of its new US$5mn bakery-focused facility in Singapore.
Start-ups need to be helped to act faster to drive returns, while MNC's need assistance to overcome the challenges of carrying out disruptive innovation in-house, says the CEO of Nurasa, which recently launched a new food innovation facility in Singapore...
New Zealand hard seltzers brand Everyday Weekend believes that APAC consumer demands for affordable, convenience and novelty are driving the growth of RTD products in the region.
Kobayashi Pharmaceutical reported an “extraordinary loss” of nearly US$25m (JPY$3.86bn) in its Q1 results due to the recall of its contaminated red yeast rice products, raw materials, and compensation of medical expenses.
Anlene Indonesia has launched a new adult milk powder infused with habbatussauda, a black seed claiming to have multiple health benefits, which has long been revered by the Muslim community.
Australian popped grain specialists Real Foods says consumer health and convenience demands led it to develop a new Corn Thins mini bites range that is now available in Woolworths supermarkets.
China herbal tea brand Wanglaoji says Indonesia is one of its fastest growing markets in South East Asia (SEA) and could potentially become its biggest market in the region in the next couple of years.
Thailand-based plant-based specialist firm Buono believes that the success of its business can be credited to its portfolio variety which focuses on more unique products as opposed to meat replacements.
Nestle believes that a growing demand in the Asia Pacific for customisation, convenience and colder coffee options make this region the optimal launchpad for its new espresso concentrates.
UK’s Vector Consumer has enhanced its collagen supplement portfolio with the acquisition of New Zealand-origin Dose & Co, and hopes to tap on its experience in Asia to grow the brand's presence in the region.
Nestle India is forming a joint venture with Dr. Reddy’s Laboratories to boost the reach of its nutraceutical products, such as Nature’s Bounty and Optifast, across India.
Brewery giant Carlsberg Malaysia has pledged to pour in additional investments to boost select parts of its SAIL business strategy, with priority given to areas such as premium and zero-alcohol innovation, digitalisation and supply chain efficiency improvement.
Amorepacific-owned brand Vital Beautie says that its “diet line-up” is now complete with the launch of a new jelly product that helps manage blood sugar levels for people who have difficulty controlling carbohydrate intake.
Food and beverage giant Nestle has maintained its optimistic stance on returning to ‘normalised’ non-price driven growth this year, despite seeing some setbacks in the Asia Pacific and US markets in the first three months of 2024.
Indian plant-based nutra brand OZiva’s has launched a Bioactive Gluta fizzy drink to target common skin concerns in the country and to tap into growing demand for glutathione.
Singaporean supplements firm Sainhall is making a comeback venture into the healthy snacking category with its DeeFruit fruit snacks range, looking to tap on the rising demands for convenience and wellness in the region.
Thai-based spice and seasonings specialist firm Nithi Foods hopes to tap the dual rising consumer demand for authentic Asian flavours and at-home snacking to grow its new range Kitchen Kitchen.
Investment in technological and digital upgrades coupled with new product launches and sustainability advances have been underlined by Carlsberg Malaysia as it seeks to ‘future-proof’ its business.
South Korean tea brand Osulloc believes that the future of the tea category lies in blended teas that can bring out ‘optimal combinations’ of scent and flavour as opposed to traditional single-variety teas.
Singapore cultivated seafood firm Umami Bioworks believes that strategic mergers are crucial to overcome doubts about the sector and achieve buy-in from major brands which can help the category scale-up.
Kirin wine brand Mercian is partnering with Chilean wine giant Concha y Toro to launch a series of premium products including Japanese wines with a globalised flavour profile to improve its worldwide reach.
Korean health and beauty retailer CJ Olive Young is launching Health+, a wellness-focused feature within its mobile app, to strengthen product curation and offer customised recommendations.
China’s infant formula giant Feihe says group profit was down 33.5 per cent in FY23, as the country struggles with raising its birth rate despite introducing a three-child policy three years ago.
Elivity, a new longevity supplement brand, has made its debut in Singapore and it aims to move Asia’s understanding of the category beyond the use of nicotinamide mononucleotide (NMN).
Singapore-based Lion Brewery has launched its pioneering nitrogen-infused stout in a canned format to cater to easier at-home consumption, as it looks to give market leader Guinness a run for its money.
Japanese firm DyDo DRINCO recently released functional beverages targeted at skin-conscious female consumers, as well as beverages fortified with magnesium and vitamin D, nutrients that the firm says is lacking in the Japanese diet.
New Zealand dairy giant Fonterra has predicted a volatile year ahead despite stellar performances from its China business and consumer product portfolios in the first half of the year, especially with milk prices expected to rise in the next few months.
The campaign marks the first time Carlsberg will run a global campaign across all of its 120 markets: rolling out in Europe, the UK, Asia and South America throughout 2024 and into 2025.
Taiwan-based Blossom Tea has developed a range of granulated tea crystals which it believes will help it to tap on both convenience and health trends in markets across the Greater China region.
The APAC cheese sector is being driven by a generational shift in consumer demand for nutrition, affordability and convenience, all of which need to be met if the category is to fulfil its potential.
The crucial role that probiotics, prebiotics and postbiotics can play in improving health and driving industry growth opportunities will take centre stage at the Growth Asia Summit 2024.
Entries are rolling in for the NutraIngredients-Asia Awards 2024, designed to recognise the brightest and best ingredients, products and initiatives.
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Beer drinkers in Asia are steadily following the European trend of increasingly seeking low-carbohydrate products, opening new opportunities for brands in the premium drinks segment.
The US is hoping to see a resurgence in beef exports to Japan on the back of a post-pandemic increase in tourism and new retail opportunities, after reporting a 23% drop in 2023 to shipments valued at $1.8bn.
Nestle has launched a new milk powder containing mulberry leaf extract, tryptophan, vitamin B, and minerals in China to support sleep quality in adults.
Carlsberg Malaysia is optimistic about its chances to conquer the country’s premium Japanese beer market this year with new partner brand Sapporo, with the latter formally replacing Asahi as the firm’s major premium Japanese offering since January 2024.
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.
Japanese dairy giant Meiji is set to release a new Foods with Function Claims (FFC) product that it says would support eye accommodation and improve sleep quality.
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
Bayer’s nutritional business declined for the past year due to a weaker market environment in China and South East Asia, the company said in its FY23 financial results.
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.
Singaporean surimi brand Dodo is looking to expand and diversify beyond its successful frozen foods business with the launch of its first surimi snacks range, which it believes has long-term mainstream potential.
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.
Haleon says that its vitamins minerals supplements (VMS) portfolio has gained shares in an overall declining market in FY23, led by growth in its core VMS brands Centrum, Caltrate, and Emergen-C, with the CEO saying that the firm is “optimistic” on the...
