Page 9 - Plant Based Development News Today

We are speak to experts from major brands to assess the five top trends that look set to shape the Asia Pacific food and beverage industry in 2022, including top post-COVID-19 developments, pricing and taste importance in the plant-based sector, the rise in sustainable palm oil sourcing and more.

The world’s first plant-based alternative wagyu brand Waygu has detailed how it plans to expand across South East Asia, after close to a year of research to ensure compatibility with local taste buds.

McCormick is hoping to apply the trends it has discovered from global and foodservice markets into innovating new flavour products for retail in Australia, on the back of its new local HQ being launched next year.

Fifty-year-old Australian firm Continental Taralli is modernising its marketing and product development approach to stay up-to-date with current food trends such as gluten-free and healthy snacking, as it seeks to solidify its appeal amongst younger consumers.

Singapore plant-based meat and seafood manufacturer Growthwell Foods has launched its latest consumer brand HAPPIEE!, which will be produced at a newly established innovation, R&D and manufacturing centre.

Australia’s largest organic children’s snacking brand Whole Kids is expanding its presence in its strongholds of ANZ with plans to enter local Aldi stores, as well as launch products into South Korea via a partnership with Baby Shark creator Pinkfong.

Japanese confectionery company Ezaki Glico recently launched its Almond Koka brand in China and in just two months has become the top selling almond milk product on Tmall.

China-based HEROTEIN is hoping to become the first company in the country to commercialise hybrid plant-cultivated meat products, believing that this alternative is a solution for the system to overcome current affordability and taste challenges.

In this episode of our Food and Beverage Trailblazers podcast we speak to Ahmad Syafik Jaafar, Co-founder of Malaysia’s NANKA, about the niche hybrid plant-meat product category and the potential of using these as a ‘transitional’ product for consumers wanting to go fully plant-based.

Japan has laid out regulations for the labelling of plant-based products, with observers suggesting they are industry-friendly and should not pose problems for brands.