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The twin trends of health and wellness alongside indulgence and enjoyment are driving APAC dairy industry growth and opening up a raft of new innovation opportunities, according to industry leaders including Fonterra, Yili, Parag and more.
The Asia Pacific insect protein industry will need a substantial amount of both big brand and retailer support alongside regulatory developments in order to move past its longstanding 'nascent' status towards more mainstream progress.
The major novel protein technology sectors in APAC covering cultivated meat and precision fermentation now see scaling up and subsequent product affordability as the next important evolutionary milestone for the sector as regulatory pushbacks ease.
The nut butter industry in Asia Pacific is targeting pricing strategies and novel applications as it seeks to achieve mainstream success beyond being ‘just a spread’, according to industry experts.
Emotional marketing to better connect with consumers as costs increase and innovation across the wholegrain space are two key ingredients for APAC bakery success, according to industry heavyweights such as Lotte and Julie’s.