APAC Foodservice Spending Surpasses Pre-Covid Levels in 2024

While consumer foodservice value nears pre-pandemic levels in 2024, dining-in at restaurants will not return to pre-pandemic level until 2028 in Asia-Pacific, according to a Euromonitor expert. After a disappointing 2022, when consumer foodservice was badly hit by stringent restrictions and economic challenges, its revenues grew 12 percent to surpass…

More Asia-Pacific Brands Are Infusing Functional Ingredients Into New Food Categories

Given the mounting consumer proclivity towards healthier eating habits, functional foods and drinks will gain more traction in the APAC market in the coming years. By Bobby Verghese, Consumer Analyst at GlobalData. With the novel coronavirus disrupting day-to-day lives, consumers have become more focused on their personal health and wellbeing. They…

Specialty Fats for Healthy Living

In a pandemic climate, there is an increasing demand from consumers for healthier food options to meet their lifestyle goals. With this rise in demand, the bakery and confectionery industries are rapidly shifting towards clean-label and healthier choice ingredients for their finished products.  In the middle of this ongoing quest…
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