Oatly has unveiled a cost-cutting plan after posting another disappointing set of results, with a $107.9m net loss on net revenues up 7% to $183m in the third quarter (+16.7% to $199.7m on a constant currency basis), with gross profit margins of just...
Nutrient quality in plant-based beverages should be considered on a par with sustainability credentials, researchers say as they assessed the quality as well as quantity of micronutrients in common plant-based drinks.
Seafood heavyweight Thai Union has called for more big brands dealing in protein to hop into the alternative protein sector – but stressed that the motivation for this needs to be more centered on food security than profit margins.
Plant-based foods and beverages co-manufacturer SunOpta continues to see strong growth across its plant-based milks portfolio especially in oatmilk, which is growing at more than twice the rate of the broader oatmilk segment.
The ability to accurately convert consumer demands and preferences into real, technical product concepts remains a key challenge for the plant-based sector in the APAC region, according to industry experts at Roquette.
Nestle Malaysia saw its profits for the third quarter take a hit year-on-year due to rising commodity costs and poor exchange rates, with firm predicting that this challenging situation will not abate any time soon.
Regulatory pressure from Asian governments will drive food and beverage firms to use natural colours, with it rapidly becoming less of a trend and more of a necessity.
Global and regional plant-based protein brands should be prepared to face a reticent crowd should they plan to enter Japan at this juncture, according to the CEO and co-founder of alternative egg firm UMAMI United, Hiroto Yamazaki.
The Quaker Oats, Frito-Lay and Pringles maker has launched a series of videos showcasing how it is working with farmers in Thailand, Greece, India and Brazil to help them adapt to climate change.
Guaranteeing the supply chain stability of natural colours to ensure manufacturers can be assured of product consistency has taken on extra importance in the post-COVID-19 era, claims GNT.
Economic growth and rising health awareness are being tipped to propel nut-based products to be come household staples in Vietnam over the next decade.
Soy peptide supplementation may help to improve both motor and memory function in community-dwelling older adults, alongside an exercise regimen, a Japanese study has found.
Plant-based brands in China aiming to be listed in mainstream supermarkets and convenience stores are still having to educate retailers about the category, as well as extol the virtues of their own products.
Consumers in the Asia Pacific region will continue to be strongly driven by products with clean label and positive nutrition claims moving into the new year, with food and beverage brands also set to boost innovation to meet these demands.
Malaysian plant-based protein firm the Ultimeat Group plans to tailor its formulation and packaging to every market it intends to enter from 2023 to 2024.
South Korea has announced new plans to utilise rice flour as a substitute for wheat flour where possible to combat rising inflation and supply chain challenges.
India’s edible oils and food giant B. L. Agro Industries is gearing up for a rapid increase in production as it seeks to cement its position in the domestic market.
Japanese food giant Ajinomoto has highlighted alternative proteins and frozen foods as two of the firm’s key growth strategies, in its first public report issued since its new leadership took over office earlier this year.
China’s plant-based and cultured meat market is getting increasingly competitive, but industry collaboration and product localisation are going to be crucial if it is to become more ‘relevant’ to consumers.
Flavour enhancement products today need to not only cater to consumers’ clean label demands, but also be made using clean energy if firms wish to capitalise on the current wellness and sustainability trends that are on the rise in the China and Middle...
Increased consumer demand for premiumisation and alternative protein products, as well as inflation-driven price hikes, are driving the need for technology such as Artificial Intelligence (AI) in traditional ‘commodities’ that have so far not been exposed...
Disease outbreaks, such as swine flu affecting pork quality and the COVID-19 pandemic hitting supply chains, have raised the profile of plant-based products among lower-income consumers in Thailand, according to a brand CEO.
Tetra Pak is testing a fibre-based barrier to replace the conventional aluminium layer on its aseptic carton packaging in a bid to slash carbon emissions while still maintaining shelf life.
Major Australian supermarkets have been urged to refocus their pricing, product and e-commerce strategies to fulfil consumer demands for affordable products and convenient shopping, as inflation rockets.
Food and beverage major CP Foods has identified the strengthening of its water management, food safety standards and healthy product innovation as key strategies to help the company with its business sustainability ambitions.
The expertise of global food corporations and VC firms is urgently needed to drive the Thai foodtech system and help build a regulatory framework for novel foods, while also offering more support to start-ups.
Olam says it is on a mission to improve low consumer awareness of ‘natural and sustainable’ alternative nut butters in Asia in a bid to open up new product development opportunities for the entire category.
Tyson’s plant-based innovations are complementary and not competitors to its existing traditional meat products, claims its Vice President Commercial for APAC in the first part of our exclusive interview.
Firms across the Asia Pacific spreads industry have highlighted free-from ingredient labels and flavour localisation as key growth drivers, regardless of the category of spreads they are in, from nut butter to fruit jams to cheese spreads.
Thai Union has outlined ambitious goals for its in-house plant-based meat and seafood range OMG Meat over the next three years, including for its alternative protein sector to be bringing in US$30mn of revenue by 2025.
The Asian plant-based protein start-up scene is geared to grow 25% by 2025 as more Asians look into flexitarian diets and firms region-wide strive to develop products better suited to their palate.
Food and beverage brands making oat-based products could stand to capitalise from the results of a new Australian study showing significant potential for oats to be included into more diets, including gluten-free.
Plant-based meat in a dry, ambient format could provide the alternative protein industry with cleaner and more convenient options that can simultaneously also offer longer shelf-life and stability.
Plant-based beverage specialist Vitasoy is hoping to expand the reach and consumer awareness of its new barista milk series in South East Asia, specifically in Singapore, after having secured significant success in Australia.
Extreme weather events from heat waves and droughts to ‘hundred-year storms’ happening every two years, the impact of climate change is obvious. And few industries are witnessing the impact as much as botanical supply chain.
Thai plant-based meat firm Let’s Plant Meat has launched a wave of new Thai-focused plant-based meat and seafood products to meet rising demand in the region, which the firm says is being driven by both consumer health awareness and rising meat prices.
Vietnamese rice product specialist Duy Anh Foods is using fruits and vegetables as crucial ingredients in its novel product innovation drive, having developed unusual combination products including watermelon vermicelli and dragonfruit rice paper thus...
Singapore food giant OTS Holdings aims to export its plant-based brand ANEW to markets where plant-based awareness, penetration and adoption rates are already high to overcome the Asian consumer reluctance to “let go” of conventional meat.
One of China’s plant-based protein pioneers will be sharing exclusive insights on how the sector plans to accelerate its growth at our forthcoming Growth Asia Summit in Singapore.
Attaining global leadership in the tempeh or traditional fermented bean cake market requires innovative formulations and securing buy-in beyond health-conscious vegan consumers, according to the founder of Singapore’s Angie’s Tempeh.
From sustainability advances to embracing alternative production methods, major players Thai Union and CP Foods, plus alt-protein pioneers Shiok Meats and OmniFoods have shared their exclusive insights on how the industry can meet Asia’s seemingly insatiable...
Nestle Malaysia believes that the rest of 2022 will be a tumultuous time for the food and beverage giant with supply chain and commodity costs continuing to rise, even after having pulled off a stellar performance by leading the ASEAN zone growth for...
Edible oils giant Sime Darby believes that the future of the oils and fats industry lies in product innovation for the plant-based and wellness sectors, and has upgraded its research and development to provide both industry and consumers with more of...
Snacking giant PepsiCo has highlighted food security, healthier choices and packaging as major sustainability and business objectives in the Middle East and Asia.
Indonesia’s mushroom protein firm Meatless Kingdom is set to embark on a business strategy revamp, including international distribution and a focus on flavour enhancement.
Food and beverage multinational CP Foods has big plans for its new plant-based Meat Zero line and other alternative protein innovations, citing strong category growth and rising consumer health consciousness as its main motivations for leaping into the...
The industry exec who has overseen Impossible Foods’ expansion across Singapore and the UAE will be shining the spotlight on the tools for sustained plant-based success in APAC at our forthcoming Growth Asia Summit in Singapore.
