News & Analysis on Food & Beverage Development & Technology
New data from Japan’s most recent consumer diet and lifestyle survey has revealed that product affordability and local origins are the most important drivers for Japanese consumers when it comes to making food purchases.
The South Korean Ministry of Food and Drug Safety (MFDS) has named the 11 top-performing food and beverage firms in the country for 2023, with the first and second rankings going to CJ Cheiljedang and Lotte respectively.
Snacking giant Mondelez says affordability, portion control and portfolio variety as important growth drivers for the AMEA snacking industry in an era when consumers have become increasingly fastidious about their spending.
South Korea’s domestic demand for red ginseng has slowed down in the past year, but the sector is seeing opportunities overseas, especially in neighbouring East Asian countries and Vietnam.