Magners has taken its latest step to boost its business in APAC’s soaring cider market by ‘refreshing’ its look and introducing an exclusive new flavour.
Asia-Pacific is now the leading region for new probiotic product launches across food, drinks and supplements, with firms innovating in the confectionery, dessert and fermented food sectors.
Australians are more and more influenced by social media when it comes to choosing their food, with Generation Y leading new eating trends, according to a survey into buying habits.
Rising exports of South Korean instant noodles, dried seaweed and beer to China have bucked dipping food and beverage trends following Seoul’s decision to deploy a US-backed missile defence system.
Chinese authorities may have introduced more stringent infant formula rules, but New Zealand exports are continuing to soar, with Australia and New Zealand Banking Group (ANZ) economists forecasting they will soon top NZ$1bn for the first time.
India’s dietary supplement market will expand at an estimated compound annual growth rate (CAGR) of almost 12% over the next four to five years, with tech start-ups driving overall interest in health and wellness.
Gulf food processing is among the key sectors ripe for investment as India continues to strengthen its historic economic ties with the GCC, according to a new report by Alpen Capital.
Global palm oil production is expected to grow by 6m tonnes this year, after output was hit hard in 2016 due to the strong effects of the lingering El Niño weather system from the previous year.
China’s convenience food market has rebounded after five years in the doldrums, with over 1,800 manufacturers forecast to generate revenues of RMB390bn (US$59bn) this year.
Though McDonald’s has the most customers in Australia’s fast-food market, it is well off the pace in terms of consumer approval, according to a new analysis.
One of the biggest sources of brand loyalty among Australians is national identity, with as many as seven in 10 making the effort to by food and beverages with a homegrown logo.
China’s poultry inspection protocols have been judged “equivalent” to those used by the US Department of Agriculture, paving the way for the world’s second biggest producer to gain access to the world’s largest poultry market.
Demand for functional food and drink has shot up in APAC, particularly in China, where 80% of the population claims to want to make their diets more healthy. And four key health concerns are driving sales.
China’s US$1tr investment in its “One Belt One Road” (OBOR) trade strategy is expected to accelerate the growth of the global Islamic food market and make halal products much cheaper for consumers.
For the majority of Australian craft beer drinkers (64%), knowing who owns the beer they drink is important, according to the 2017 Australian Craft Beer Survey.
APAC’s nutrition industry needs to do more to educate consumers that preventative approaches leading to healthy ageing must be adopted at a younger age.
After months of industry speculation, American e-commerce giant Amazon finally confirmed in March that it will expand into Australia by the end of 2018.
The sheer scale of demand for Australian and New Zealand goods in China has been revealed in a striking report—though indications suggests that cross-border e-commerce might soon have reached its peak.
Saudi Arabia has imported roughly twice as much American corn and associated products this year due to a change in government policy and more competitive prices for the commodity.
Supplement firms looking to set up shop in China should not buy into local businesses’ promises of guan xi (connections), and should be mindful that it could take up to four years of preparation to enter the market.
Mars’ share in China’s chocolate confectionery market has been dropping since 2013, but the company maintains its leading position with 36.7% market share in 2017, Euromonitor’s latest data shows.
An “important driver” of the Bangladeshi economy, the fish farming industry has grown 25-fold in three decades, with farmers having little cause to rely on NGO and goverment support.
The ever-growing importance of e-commerce sales for supplements in APAC was underlined in our first state of the industry survey, with almost 70% of respondents believing the channel will ultimately become as important as brick-and-mortar retail.
Not only are Australian Millennials less likely to drink alcohol than their parents, only around half have consumed grog in the past month—compared to 65% of Gen X-ers and 72% of boozy Boomers.
Southeast Asians are increasingly leading healthy lifestyles, with as many as three in four urban Indonesians and a third of Thai city residents saying they have been striving to improve their diets this year.
Major drinks companies in Singapore - including Coca-Cola, PepsiCo and Nestlé - have agreed to limit the sugar content of their drinks, committing to a maximum sugar content of 12% in all their drinks by 2020.
China’s appetite for instant noodles has been shrinking sharply in the face of growing popularity for food delivery and better awareness of healthier foods.
China will overtake the US as the largest dairy market by 2022 whilst India takes fourth place from 2021, according to research by Euromonitor International.
Foreign soft drink manufacturers have taken control of more than half of Vietnam’s US$4bn non-alcoholic drink market for the first time, as local players work out how best to compete.
Heavy discounting by start-ups backed by internet majors Tencent and Alibaba have made online food delivery the fastest-growing online segment in China.
The Iranian dairy industry is beginning to expand. This growth domestically is being complemented by the country’s dairy companies now looking to export to countries such as Russia.
Tipped to grow at an annual rate pushing 10%, the Philippines grocery retail market is expected to become the fifth-biggest in Asia by 2021, according to new data by IGD.
Three out of four respondents in the first NutraIngredients-Asia State of the Supplements, Health & Nutrition Survey believe their firms will post better financial results this year than last.
