The plant-based protein market is estimated to be valued at USD 10.3 billion in 2020 and is projected to reach USD 15.6 billion by 2026, with a CAGR of 7.2 percent, according to Research and Markets. Some of the major factors driving the growth of the plant-based protein market include growing demand in the…
Preventive Healthcare Measures To Combat Lifestyle Diseases Steer Demand for Nutritional Lipids
Frost & Sullivan’s recent analysis, Global Nutritional Lipids Market Powered by Changing Preferences for Alternative Sources, 2020, reports that increasing consumer awareness about the health benefits of nutritional lipids and the widening scope of Omega-3 in the pharmaceutical space are expected to boost the market over the next five years. The…
Coca-Cola Trials New Plastic-Free Packaging In Vital Sustainability Movement
The Coca-Cola Company is trialling its first paper bottle prototype, which consists of a paper shell with a recyclable plastic lining and cap, in Hungary. Following the news, Alice Popple, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Coca-Cola trialling a new paper bottle comes…
Givaudan Launches AI Tools For Next Generation Product Development
Givaudan Taste & Wellbeing has launched its unique Advanced Tools for Modelling (ATOM) which use state-of-the-art artificial intelligence to optimise food and flavour formulation and facilitate co-creation and collaboration with customers. Aligned with the company’s 2025 strategy and intent on leading the way in digitalisation, these pioneering tools open new…
Nestlé’s First Vegan KitKat Is Coming Soon!
Nestlé is fulfilling the wishes of plant-based fans around the world by launching a vegan KitKat in 2021. The new vegan KitKat – called KitKat V – will be launched later in the year in several countries across the globe. It will only be available through the KitKat Chocolatory and selected retailers, to test the opportunity for…
New Plant-Based Eating Experience Launched In Singapore
Green Monday Group, the sustainability champion and creators of OmniFoods, the all-purpose plant-based meat analogue, has launched Singapore’s first Green Common - a one-stop culinary destination for plant-based eating. The 3,000-square-foot eatery and grocery concept store at VivoCity makes eating sustainably more accessible to Singaporeans, bringing the world’s leading plant-based…
Planteneers Introduces Plant-Based Cheese Alternatives With Improved Nutritional Profile
According to Innova Market, “plant forward” is a worldwide phenomenon and one of the Top Ten Trends for this year. The rising popularity of plant-based products, especially among flexitarians, will according to industry experts lead to growing demand for new formats, plant proteins and higher-end alternatives. One example is cheese…
Kerry Sees Accelerating Global Consumer Demand For Healthier Beverages
Kerry, the Taste & Nutrition company, has released The Right Taste for Healthier Beverages, a white paper that examines the rising demand around the world for healthier and tastier beverages. Today, around a third of global consumers are now what Euromonitor terms “immunity seekers”. Often, this “seeking” begins with choosing…
Meal Replacement Trends In China As Consumers Seek Fitness F&B Products Amid COVID-19
With obesity suggested and accepted to increase the risk of severe symptoms and complications of COVID-19, 44 percent consumers in China are interested and actively buying food and beverage (F&B) specifically designed to support fitness/exercise. These health-conscious Chinese consumers are turning to the meal-replacement trend for combating weight management issues and…
The 5th Asia-Pacific Food Safety International Conference Ended On A High Note With 80 Speakers Advancing Towards A Safer Food Supply
Food borne illnesses, food fraud and other safety and quality issues create significant adverse health, social, and economic impact across Asia as it does globally. PolyU’s Food Safety Consortium (FSC), as the Hong Kong affiliate of the International Association for Food Protection (IAFP), organised the 5th Asia-Pacific Food Safety International…
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