See our top 10 most read supplier stories in APAC’s food and beverage industry this year, featuring uncertainty in the palm oil supply chain, 3D-technology to print foods, and innovative packaging.
We reveal the top 10 most viewed regulation and policy stories from the food and beverage industry in 2021, featuring palm oil and halal in Malaysia, hemp and mustard oil in India, chilled foods in China and more.
‘Know who to target’: How AI technology could improve consumer acceptance to palm oil – study By Pearly Neo Experts have suggested that the palm oil industry and food firms manufacturing palm oil-containing products use the power of artificial intelligence (AI) technology to identify the right consumer segments and methods to sway sentiment back in their favour.
Based on a data from consumer behavioural firm 113 Industries, there exist specific segments of consumers that have yet to make a decision about whether palm oil is ‘good’ or ‘bad’, and the industry needs to utilize AI tech to reach these consumers if it hopes to improve the online narrative surrounding palm oil.
Turbulent times ahead? Malaysia palm oil faces uncertain 2021 with price, production and policy challenges The palm oil industry in Malaysia needs to prepare itself for an uncertain year ahead with expected price volatility, production decrease and policy changes in the west, with the government attempting to shift to more value-added products in hopes of providing a boost.
According to data from the Malaysian Palm Oil Council (MPOC), palm oil prices on a global scale are expected to face a lot of uncertainty in 2021, as there are many key factors that could casue changes, all of which are subject to unpredictable changes.
Consumers are opting to buy ‘No Palm Oil’ labelled products in places where these are available due to the sense of ‘emotional protection’ this confers versus any real scientific knowledge, an expert panel has claimed whilst recommending better social marketing as the best tool to fight this.
This was the opinion of the six expert panelists who convened virtually for the ‘Vertical Challenges for Sustainable Palm Oil’s Future’ panel debate, held as part of the international Palm Oil Trade Fair and Seminar 2021 organised by the Malaysian Palm Oil Council (MPOC).
The panellists were: international civil society body Solidaridad Network Asia Senior Advisor Teoh Cheng Hai, the United Kingdom Field Conservation Manager Catherine Barton, legal firm FratiniVergano Partner and ASEAN states advisor Pablo Vergano, MPOC Science & Environment Division Director Dr. Ruslan Abdullah and EngageMinds Hub, Consumer, Food & Health Engagement Research Center Di