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Market Insights

Sustainability and health concerns are driving Australian consumers to plant-based meat alternatives, but the taste experience of these products continues to fall short, according to research carried out by Kerry. In 2022, Kerry carried out research with over 1,500 consumers across four countries — US, UK, Australia, and Brazil —...
Singapore and New Zealand have strengthened their bilateral collaboration by signing two partnerships to accelerate innovation in trade, food and technology. New Zealand Prime Minister Rt Hon Jacinda Ardern and New Zealand’s Minister for Trade and Export Growth, Hon Damien O’Connor, attended the partnership signings as part of the trade...
Despite its growing popularity, the alternative protein scene still faces many challenges with cost and production. Agatha Wong speaks with Gautam Godhwani, managing partner of Good Startup, to find out how the production of alternative proteins can be optimised to attract more consumers. Alternative protein, despite having entered the mainstream,...
To formulate better products for their customers, brands must understand the trends that have shaped consumers’ priorities and preferences in recent years. By Vicky Davies, global marketing director, performance, active and medical nutrition, FrieslandCampina The food and nutrition industry has seen rapid change in the trajectory of consumer trends in recent...
Consumers will stop buying a product when its original price has risen by an average of 40%, according to a new survey commissioned by PR agency Ingredient Communications and conducted by SurveyGoo. Just over 1,000 US and UK consumers answered a series of questions designed to reveal just how price-sensitive...
The HMT (Healthy Marketing Team), a global brand-building agency specialising in food and health, has released an annual report looking at what will impact consumer choices of food and health products in 2022. The report highlights mental well-being as the overarching trend with manifestations from across the globe in...
According to current analysis by Reports and Data, the global industry is valued at US$9.08bn in 2018 and is expected to reach $15.78bn by the year 2026, at a CAGR of 7.1%. Automation has now become a necessity in the food and beverage industry to maintain quality, enhance production speed, and...
The beverage industry has been undergoing change as manufacturers adapt to shifting consumer preferences and demands. Consumers seek beverage products that provide added functionality to their lives, enhance their overall health and are available in convenient formats for hassle-free consumption, according to the Beverage Trends Driving Change infographic and...
A new report from Food Industry Asia (FIA) has revealed that although 81% of Filipinos believe that following a healthy, balanced diet is their own responsibility, they also want more support from the industry. Among this support, they want more visibility of reformulated food and beverage products, increased communications...
Survey findings also reveal a healthy appetite for collaboration, yet challenges around consumer understanding, funding and economic uncertainty remain. Changing consumer preferences, such as the demand for alternative meat products, are a major driving force with regard to the adoption of emerging technologies amongst agrifood companies, according to a new...