The Asia-Pacific infant formula market size was valued at $11.4 billion in 2017, and is projected to reach $26.8 billion by 2026, with China, India and emerging South East Asian markets particular hotpots.
Many dairy companies and cooperatives have turned to R&D to improve profits, going beyond milk, yogurt and cheese, looking to create functional ingredients that can be added to a wide range of products.
Asia-Pacific’s active and sports nutrition was valued at $1.4bn in 2019, and is forecast to hit $2.3bn by 2023 as consumers increasingly prioritise health, wellness and fitness.
Asia continues to battle the double-burden of malnutrition and obesity, leading to projections that the reformulation market will rocket from $65bn today to $110bn by 2025 and the fortification sector will surge from $70bn to $125bn by 2030.
How can food brands deal with the challenge of meeting increased demand among consumers for products deemed ‘natural’ and that come with ‘cleaner’, ‘shorter’ labels, whilst also providing products with a full nutritional profile?
Asia is tipped to be the largest region for plant-based food consumption in the $21bn global finished product market by 2025 on the back of consumers’ ethical, health and environmental concerns, plus extensive product innovation.
The APAC probiotics market is predicted to grow from $17.5bn in 2018 to more than $25bn by 2025, while the prebiotic market is set to enjoy almost double-digit CAGR over the period, as benefits far beyond digestive health are more widely understood.
By 2050 there will be 1.3 billion people over the age of 60 in APAC, up from around 650 million today, with vast gains predicted for products that help boost immunity, bone, joint, muscle, cognitive, heart, skin, eye and digestive health.
Salt reduction offers an important opportunity to improve population health. So what is the industry doing to combat our addiction and prove it is worth its salt?
The Unlocking Innovation Webinar Series, will seek the game changers, disruptors and pioneers who are unlocking innovation in the food & beverage industry - with a focus on NPD, preventative health, start-ups and sustainability.
The COVID-19 pandemic places the link between diet and wellness into sharp relief. The connection between obesity and higher morbidity rates highlights the stark reality that poor diets lead to negative health outcomes. A divergence in consumer behaviour...
Agile start-ups and challenger brands have disrupted the food sector through their short NPD pipelines and close consumer relationships. Many an ambitious food entrepreneur launched businesses with an eye to becoming the next unicorn and investment in...
If there has been one ‘winner’ from the coronavirus crisis, many would point to the environment. A shutdown in our daily lives, including a massive drop in air travel, has resulted in a tangible improvement to air quality and reduction in carbon emissions....
What will the coronavirus crisis mean for the big innovation drivers that have shaped the food industry in recent years? How will the pandemic alter consumer attitudes to food? With diet and health front-of-mind for many, we are likely to see a continued...
As non-communicable disease rates continue to escalate food formulators are responding to the pressing need to cut the amount of salt, fat and sugar in our diets. Flavour is a key piece of the puzzle. From ingredient development that can enhance perception...
Never has the food industry been so concerned about sustainability, and the meat sector is no different. Without significant investment of time, money and research right now, there is no future for the industry, and processors around the globe are working...
FlavourTalk Raw Materials Exhibition (11th March) is the twelfth of the highly acclaimed table-top events, which offers delegates a unique opportunity to meet suppliers of raw materials from companies in Europe and beyond.
