The plethora of products hitting retail shelves bears testimony to the rising interest and uptake of free-from products in Asia-Pacific. Contributed by GlobalData. Consumer behaviour—more so in relation to their choice of what they consume—is largely a product of their economic wellbeing, awareness of surroundings and an innate desire to…
Organic Foods Get A Coronavirus Boost
Ecovia Intelligence expects demand for organic & sustainable foods to remain strong after consumer fears subside in the future. The coronavirus pandemic is leading to a surge in demand for organic and sustainable foods. Retailers across the globe are experiencing hefty sales increases for organic products. Ecovia Intelligence expects the…
Functional F&B Products: Focus On Brain, Eye & Skin Health For Thais
Consumers' health status, personal interests and life priorities continuously change with age. Demanding lifestyles of Thai consumer combined with early signs of ageing often trigger middle-aged consumers to become more concerned about their health, nutrition and resulting in increased interest in using functional food/drinks. Latest research from Mintel, the world’s…
Reinventing Ramadan & Eid Festivities In “Restricted Living”
Since mid-April, with the implementation of the Large-Scale Social Restrictions (PSBB) policy, Indonesia has entered the "Restricted Living" stage during the COVID-19 pandemic. This has inevitably led to significant changes in the traditions and patterns of consumer behavior in welcoming and celebrating Ramadhan and Idul Fitri, that the industry players…
Heart Health Ingredients
Growth in awareness of the effects of CVD and consumer adoption to drive the heart health ingredients market. Contributed by Suraj Nagvenkar, Assistant Manager, Food and Beverage from MarketsandMarkets Research. Heart health ingredients represent a growing category of products that are emerging along the lines of functional foods and nutraceutical…
Sugar & Sweeteners: Evolving Trends In Asia Pacific
Increasing health awareness among consumers, coupled with government regulations in the form of sugar levies, give soft drinks and confectionery brands across the Asia Pacific (APAC) region an opportunity to innovate and reformulate, says GlobalData, a leading data and analytics company. Rising Prevalence Of Health Concerns There has been a…
Mintel Forecasts Online Grocery Sales Will Grow An Estimated 33 Percent During 2020
The latest research from Mintel reveals the online grocery market is forecast to grow by 33 percent in 2020 to reach an estimated value of £16.8 billion, up from £12.7 billion in 2019. This phenomenal rise follows four consecutive years of slowing growth: in 2019 growth fell to a historic…
Food Hydrocolloids—Growing Focus On Manufacturing Of Convenience Foods To Escalate Industry Demand
The global food hydrocolloids market depicts the presence of a highly fragmented and competitive vendor landscape, says Transparency Market Research on the basis of a recently published report. Such competitiveness mainly exists thanks to the presence of innumerable businesses. Achieving product innovation, participating in mergers and acquisition, and pouring huge…
COVID-19’s Impact On Food & Drink Markets In Southeast Asia
New research from Mintel reveals the changes in consumer sentiment and behaviour surrounding food and drink categories as a result of the spread of COVID-19 across Southeast Asia. Tan Heng Hong, APAC Food and Drink Analyst, Mintel said: “The global spread of COVID-19 is forcing Southeast Asian consumers to cope…
Tonic Water Market—Growth, Trends, and Forecasts
The global tonic water market is projected to increase at a CAGR of 7.1 percent during the forecast period: 2020 to 2025. Tonic water is a carbonated soft drink in which quinine is dissolved. Originally, tonic water was used as a medicine against malaria but now it has significantly lower…