The global natural food and drinks market was valued at US$79.1 billion in 2016, and is estimated to reach US$191 billion by 2023, registering a CAGR of 13.7 percent from 2017 to 2023, according to market intelligence company Allied Market Research. Natural food and drinks refer to food products…
Roquette Opens Innovation Centre In Singapore
A producer of plant-based ingredients, Roquette Opens Innovation Centre In Singapore—its Asia Pacific headquarters—to increase its focus on nutrition and health challenges in Asia. The facilities include a research laboratory, customer technical services as well as its new regional headquarters that will allow the company to develop products that address…
Five Global Food And Drink Trends To Look Out For In 2018
Five Global Food And Drink Trends To Look Out For In 2018 Opportunities are expected to be plentiful in 2018 for natural and unexpected textures, according to a report by market intelligence agency Mintel. Transparency and traceability are increasingly important to consumers. Self-care has become a priority for many…
Singapore Ready Meals Rising In Popularity
Singapore Ready Meals Rising In Popularity Demand for ready-to-eat (RTE) meals has been on the rise as consumer behaviour towards convenience foods grows with busy lifestyles. The food innovation and resource centre (FIRC) at Singapore Polytechnic, an education institution, has worked on 1,000 projects from 620 companies. These projects…
Global Tonic Water Market To Reach Value Of US$2.45 Billion
The global tonic water market is forecast to rise at a compound annual growth rate (CAGR) of 6.1 percent to reach US$2.45 billion by 2025, according to market intelligence agency Transparency Market Research. The market is predicted to reach a value of US$1.52 billion by the end of 2017.…
Winnow Raises US$7.4 Million To Fight Against Food Waste
Winnow Raises US$7.4 Million To Fight Against Food Waste A solutions provider for food waste reduction, London-based technology company Winnow is primed to scale food waste measurement technology internationally following growth capital round. The technology company behind the ‘Waste Monitor’, which helps chefs cut food waste in half by automatically…
Health-Consciousness Fuels The Demand For Functional Dairy Blends
The global dairy blends market was estimated at US$2.18 billion in 2016 and is expected to reach US$4.12 billion by 2023, growing at a CAGR of 9.5 percent during the forecast period, according to market intelligence agency Stratistics MRC. Asia Pacific is anticipated to witness the highest growth rate…
Consumers Strongly Advised To Read List Of Ingredients For Meat Alternatives
Consumers are advised to study the list of ingredients of meat and alternatives so as to reduce risk of confusion, according to TÜV SÜD—testing, certification, inspection and training provider. Consumers Strongly Advised To Read List Of Ingredients For Meat Alternatives Modern menus may list vegan or vegetarian steaks, sausages…
Growth Opportunities For Dairy & Soy In China
Growth Opportunities For Dairy & Soy In China dairy market is forecast to see strong continued growth through to 2021 paired with a high market value of US$50 billion making it a key opportunity for dairy producers, according to market research agency GlobalData. Overall, the country’s dairy market grew…
Bretèche Industrie Changes Name To Linxis Group
Bretèche Industrie Changes Name To Linxis Group An equipment solutions provider for the bakery and dairy industries, Bretèche Industrie is renaming itself to Linxis Group. The management team of the equipment provider and their key financial partner IK Investment Partners have revealed the new name and identity of the company.…
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