Singapore-based OATSIDE has recently expanded its product line-up to include a range of ice creams as part of its growth strategy, on the back of burgeoning popularity of its oat milk products across Asia.
Bringing you the top 10 most-read start-ups stories from the food and beverage industry in 2023, featuring firms such as The Mad Foodies, Bira 91, All G Foods and more.
Singapore-based plant-based brand Thoughtful Food has launched a range of cleaner label, ready-to-eat (RTE) meals in anticipation of its ambitions to start exports across the region and globally.
We reveal the top 10 most viewed brands stories from the APAC food and beverage sector in 2023, featuring household names like Nestle, Kraft Heinz, Coca-Cola and more.
Nestle’s star coffee brand Nescafe believes that its keystone soluble coffee products continue to play a crucial role in recruiting and converting consumers in the Asia Pacific region to enter the wider category.
New liquid sweetener brand Zerup believes its products will open new avenues for more beverages in Singapore to go zero-sugar with no compromise on taste, helping firms to comply with the local Nutri-Grade requirements more easily.
We bring you the top 10 most popular supplier stories from the APAC food and beverage industry in 2023, featuring Ingredion, AAK, FrieslandCampina and many more.
Japanese beverage giant Suntory expects a “slight demand fluctuation” for its products in light of price increases from April 2024, but does not anticipate a major impact on sales.
Singapore-based plant-based products firm Thoughtful Food believes that the sector needs to look more closely at dry and ambient innovation as a key driver, particularly for brands seeking to solve ultra-processing challenges or go more clean label.
Middle Eastern giant Baladna is refocusing investments into projects targeting food security in more overseas markets as well as its new cheese production operation, marking a strategic shift despite positive financial results for FY2023 to date.
Beverage heavyweight Kirin Holdings has outlined plans to implement ‘aggressive measures’ across beer and sugar-free innovation, to recover from the negative impact of cost increases.
Haleon is aiming to develop personalised self-care solutions, including health supplements and digital wearables, for supporting areas such as healthy ageing, cognitive health, women’s health, gut microbiome, and general wellbeing.
South Korean nutricosmetics brand Vital Beautie, owned by K-beauty giant Amorepacific, has launched a retinol-based dietary supplement that claims to be safe even for people who are sensitive to the ingredient.
Tofu and beverage brand Vitasoy hopes the performance of its soy milk and tea businesses in Asian will help it bounce back from manufacturing and logistical challenges faced in Oceania over the past six months.
India-based The Brooklyn Creamery is making headway in the Middle East by catering to the buying behaviours and eating habits of consumers in the region, including healthier options and innovative flavours.
Morinaga says its postbiotic, marketed under the brand LAC-Shield, has been added into Thailand’s positive list of ingredients that could be used in general foods and beverages, opening new opportunities for functional foods development in the South East...
Cargill-owned Aalst Chocolate is putting “substantial investment” into insights-driven R&D, customised products, and strengthening of its bean-to-bar supply chain to push growth in Asia and beyond.
Singapore-based start-up Noce Nuts says that consumers are willing to pay a premium for nut butters that are customised to their preferred taste and texture, including reduced sugar and salt options.
Hindustan Unilever India (HUL) believes that strong market competition is on the way in the tea category from smaller players in the country, despite having successfully maintained profitability in the third quarter of the year.
Asahi’s star-performing beer product Asahi Super Dry has helped to sustain the firm’s profitability and international growth even amid cost setbacks at its new domestic brewery in Tosu.
Kirin says that revenue from LC-Plasma, its flagship immune health ingredient, has grown significantly even during spring and summer this year, although these are seasons when consumers tend to take fewer precautions against infectious diseases.
Middle Eastern food and beverage heavyweight Agthia has pledged to focus more investment into the digitalisation of its business as well as the creation of new snacking innovations in order to sustain the positive growth and profitability seen in the...
Snacking giant Mondelez has highlighted continued strong demand for its snack brands such as Oreo and Cadbury in emerging markets as key to its Q3 profitability, playing down threats from cheaper supermarket private label products.
Kirin Holdings’ health science-focused arm Kyowa Hakko says the versatility and stability of its postbiotic ingredient has enabled it to continue to enjoy commercial success beyond the surge of COVID-19.
Nestle India has launched a variety of new products focused on millets as a key ingredient this year, in an effort to increase consumer acceptance and awareness via familiar product formats while also aligning with the Indian government’s International...
Japan's FANCL is focusing on metabolic health supplements that target blood cholesterol, blood sugar, and body fat, for its nutrition business in the second half of FY2024.
PepsiCo has highlighted collaborations with entrepreneurs as a ‘vital’ part of its strategy to achieve sustainable operations in the APAC region, amid the crowning of its regional Greenhouse Accelerator champion.
World-first liquid shio koji brand Hanamaruki has big plans to ride on the growing umami and wellness trends in South East Asia, after seeing success in western and East Asian markets.
Beer heavyweight Carlsberg Malaysia has decided to persist with its portfolio premiumisation strategy and a new Sapporo partnership despite concerns over ‘weak’ consumer sentiment and diminished profitability in the third quarter of 2023.
Auckland-based nut butter producer Forty Thieves is investing in social media content creation and influencer marketing to target online consumers, whom it says have increasingly shorter attention spans.
China dairy giant Yili has secured ‘record high’ financial results in the first nine months of its financial year driven by liquid milk and ice cream category growth.
Nestle is debuting a new infant formula containing a proprietary blend in Hong Kong in November 2023. The blend is said to be an “all-round” nutrition for supporting multiple growth areas, including digestive, bone, and cognitive health.
Sunsweet’s ingredients arm is optimistic that stable recovery is incoming for prunes and prune-derived products in Thailand on the back of rising demand after a standstill during the pandemic period.
Saudi Arabian F&B heavyweight Almarai has posted significant growth and profits in the first nine months of 2023 driven by stringent cost management and gains in the poultry category to offset Egyptian currency challenges.
Personalised nutrition innovators need to better consider the entire ecosystem spanning health data collection and analysis, alongside new products, says an industry expert from Nestle.
Thailand-based Hippo Energy Drink believes that its combination of health, natural ingredients and low sugar offerings can help it build on its initial success in South East Asia and take on major brand competitors in the category.
Nestle is hopeful that its new nutritional labelling and marketing strategy will play a strong part in its sales recovery, after seeing a drop in sales across many APAC markets due to ‘historic’ inflation and foreign exchange challenges.
With this month’s launch of thick-cut, decadent Texas Toast made with and without gluten and slathered with real butter, garlic and cheese, Rudi’s Bakery is entering a new phase of “reinvention and reinvigoration” that recently reappointed CEO Jane Miller...
This round-up features HSA Group’s insights on innovation drivers in Yemen, House of Pops’ collaboration with a Lebanese food company, demand for clean label and sugar-reduction beverages in the Middle East, key factors behind Saudi Arabia’s rapid food...
Plant-based and better-for-you vegetable snacks firm Nudie Snacks is targeting the Middle East market with its larger packaging size strategy on the back on a growing trend of consumers demanding not only healthier snack alternatives but also shareable...
Affordability is emerging as the main driving factor for insect-based foods in the APAC region, possibly even more significant than its often-lauded protein or sustainability factors.
China liquor heavyweight Yanghe Distillery is looking to establish itself more firmly in international markets, banking on the expansion of its baijiu portfolio with mid-to-premium ranges as well as its trademark ‘mellow’ flavour.
Snacking giant Lotte Thailand hopes to increase brand appeal beyond kids by developing more products targeted at older consumers and catering to all religions with more halal and vegetarian offerings.
India’s Beyond Water has launched its first ready-to-drink (RTD) iced tea in India, tapping on high-quality tea sourcing and consumers demand for healthier beverages.
The Netherlands-based food tech company Meatable says it has managed to reduce costs and raise production efficiency of its cultivated meat products, which are on course to be launched in Singapore by next year.
Blackmores is set to ramp up advertising to boost brand awareness in China and Indonesia, while also formulating new products with Kirin’s ingredients post the Japanese giants acquisition of the firm.
Australia’s Kommunity Brew believes that hemp has the potential to feature more widely in its NPD and innovation strategies, amidst the addition of more local acquisitions to its healthier beverage portfolio.
