Japanese plant-based meat firm Tastable hopes its experience in texture modification will help it successfully commercialise and grow its new Nikuvege brand.
New Zealand’s Pokeno Whiskey believes that rising demand from younger consumers seeking new and unique flavours in their whiskey will help to drive its latest offering in markets such as Singapore and Hong Kong.
Supplements heavyweight Swisse believes that infusing elements of convenience and novelty into active nutrition packaging and product format design is increasingly important to increase appeal with younger consumers in the APAC region.
Dubai-based ice cream brand House of Pops has tapped into the popularity of Lebanese cuisine in the UAE through a collaboration range that is infused with Levantine flavours.
The New Zealand co-op forecasted improved margins across consumer and foodservice channels for FY24 and said there were indications that demand for milk powders will begin to return from early 2024.
Kirin is looking to back innovations in metabolic health, immunity and brain function, fermentation and microbiota control, and consumer health data technology through its startup innovation fund.
Nissin has committed to further product development plans for instant noodles using alternative proteins, after a first launch featuring plant-based ‘eel’ was well received in Japan.
Chinese snacking sensation San Chun has revealed a focus on the ‘strange and unique’ is behind its transition from a local viral hit to a launch in major supermarkets nationwide.
Beer giant Asahi is tweaking the taste and packaging of its long-time product, the Asahi Super Dry, and says that today’s consumers are seeking out an “elevated experience” through a brand story, healthier options, and flavour innovations.
Thailand-based Bangkok Cookies is planning to expand its presence into more export markets as well as eyeing plans for local supermarket retail after having achieved resounding success as a souvenir product in the travel retail scene.
Japanese brewery giant Kirin has announced the launches of two beverages – one alcoholic and one non-alcoholic – as it continues its efforts to tap novel ready-to-drink innovation opportunities.
Product innovation, technology and data alone are no longer sufficient to make strides in the China beverage sector with consumers increasingly wanting ‘emotion and culture’ alongside their drinks, claims Coca-Cola.
Leaders of Kellogg Co.’s soon-to-be divided businesses plan to grow their respective entities by modernizing infrastructure to support additional innovation and returning to near pre-pandemic merchandising levels.
Japanese sauces brand Kikkoman is seeking to cement its foothold in the Indian market via food service partners and retail channels, with the firm believing local consumers are becoming increasingly receptive of international flavours.
Singapore-headquartered Traditional Chinese Medicine (TCM) company Eu Yan Sang is actively pursuing growth in North America’s health and wellness market by targeting not just the Chinese diaspora, but also those who are willing to give the category a...
Singapore-based plant-based brand noomoo says it wants to be the ‘first’ Asia brand with an ‘all-encompassing’ range of products across plant types and categories, while focusing on B2B and online sales before expanding into physical retail channels.
Carlsberg Malaysia believes the end of its exclusive distribution partnership with Asahi is risk-free, and will use the opportunity to double down on its premiumisation strategy.
The India market and increased innovation in health and functional trends hold the key to improved financial performances, claims Korean heavyweight Lotte.
China energy beverage giant EastRoc will continue to use sugar as a primary ingredient in its best-selling products despite rising costs and a rapidly growing sugar-free trend in major cities.
Premium organic tea brand English Tea Shop has designated the Asia Pacific region as its next major target market after a decade of growth in Europe, citing growing consumer demands for premiumisation and products designed for gifting as strong drivers.
Retailer education and collaboration is vital to cracking the US’s fledgling zero and low-alcohol sector, says New Zealand’s AF Drinks, which believes American consumers are ready to embrace the category.
Carlsberg has pledged to continue with its premiumisation drive in Malaysia and Singapore despite seeing its higher end beers suffer a significant slump as consumers tighten their belts.
Cheese heavyweight Bel has called for local brands to simultaneously develop local innovations alongside introducing more traditional western concepts in order to drive faster industry growth in China
Singapore-based REVIT is eyeing a bigger market share in the anti-hangover category with its gummy product, on the back of sales numbers that have been tripling month-on-month since its launch in January this year.
Saudi Arabia’s sovereign wealth fund Public Investment Fund (PIF) has set up a new firm called Sawani Company to catalyse the growth of the local camel dairy sector, as part of its efforts to transform the country’s economy.
Functional beverage specialist firm +PW has set its sights on the ‘huge’ China market for its collagen-enriched RTD drinks, planning to bank on its convenient consumption format and unique flavour formulation to overcome market challenges.
The a2 Milk Company (a2MC) said its infant milk formula business in China grew 8.4 per cent for the financial year ending on June 2023 and that it would focus on growing its cross-border e-commerce (CBEC) and lower tier cities presence.
Middle East food and beverage heavyweight Agthia is looking to expand further in major date-consuming markets worldwide after a profitable first half of the year, with plans to boost production and processing capabilities already in motion.
Japan brewery major Asahi believes that upcoming local regulatory changes and global-scale events will serve as major catalysts to accelerate the growth of the beer category this year.
Grape King Bio will focus on its healthy ageing and women’s health nutrition portfolios in China, which it believes are two sectors poised for growth in the country.
South Korean firm PlantEat believes that innovation must result in minimal sensory changes and products should remain as familiar as possible in order to boost consumer transitions to healthier diets.
Singapore start-up Hegg has launched its eggless Japanese mayonnaise in the domestic market and is looking to capitalise on growth opportunities across Asia with ‘localised flavours.’
Singapore-based Curated Culture has big plans to enter the ‘sports and wellness’ space in the APAC region with its probiotic tea products, which the firm has stressed is ‘not kombucha’.
New Zealand’s Alps 2 Ocean Foods is launching a protein-rich and nutrient-fortified beef bar made from male calves that are otherwise killed shortly after birth or made into lower-value ground beef – a move that the firm believes is more sustainable for...
Plant-based, better-for-you alternatives, and functional snacks dominate the latest accelerator cohort in Australia led by a Woolworths-backed accelerator.
Energy drink giant EastRoc Beverages has set its sights on South East Asia as a key export destination after having established itself as one of the largest brands in China, planning to retain its original best-selling recipe for its initial entry.
Hindustan Unilever Limited (HUL) has highlighted it will be proceeding cautiously in managing its food business for the rest of the year despite positive results in Q2FY2023, citing continued volatile climate changes and inflationary pressures.
Thailand-based snacks firm Food Onwards believes it has a strong shot at revitalising the fish skin snack category via a localised take on its product manufacturing process and flavour selection.
Thailand’s Eatvolution has developed a chickpea rice alternative that is richer in nutrients and lower in carbohydrates as it seeks to entice increasingly health-conscious consumers as well as diabetic patients.
Hamada Syuzou recently launched its craft gin that introduces local botanicals to its traditional alcoholic beverage range, and says that high-quality ingredients alongside its product versatility can drive greater global appreciation for Japanese-made...
After more than a year of development and 13 versions of the prototype, Singapore’s Moom Health has completed the formulation of a new supplement that is specifically targeted at relieving premenstrual symptoms (PMS) and painful period cramps.
Thailand’s Boonprasert Confectionery is evolving its innovation strategy to focus on the development of novel formats and functional offerings to meet changing consumer needs in and out of its home market.
Chinese food and beverage heavyweight Jinmailang has highlighted five key factors that it believes should lay the foundation for innovation food firms’ innovations strategies to ensure that new products are practical, realistic and sustainable.
Tetra Pak believes that food and beverage brands today need to meet consumers’ increasing emotional needs in terms of feeling ‘empowered’ when making purchasing choices, such as offering them innovative product options that are healthier or more sustainable.
The APAC plant-based dairy industry believes that controversy surrounding the use of dairy terms for plant-based product labelling is unlikely to happen in this region despite contention in other markets, citing differences in local consumption drivers...
NZ-based Off-Piste Provisions has outlined how consumer demands for healthy convenience food and a ‘chewing experience’ are key drivers guiding its product development strategy amidst plans for Australia and United States expansion.
