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Global food MNC Thai Union has revealed that it is eyeing several major business opportunities to be found in the hemp and CBD sector, from alternative proteins to supplements.
Alternative protein company WTH Foods is launching an R&D facility in the Philippines in Q1 2022 to develop products better catered to consumers in the country and the wider South East Asia region.
Malaysian jackfruit firm NANKA has developed a range of alternative meat patties using young jackfruit pulp as a base, and is looking to achieve significant penetration in both the hybrid and plant-based meat markets.
Australia’s Ulu Hye has taken the dairy-free milk concept a step further with its world-first jars of concentrated Mylk Bases made from nuts and seeds, making for products with longer shelf life, lower prices per litre, and increased sustainability credentials.
The search for the Beyond Meat or Impossible Foods is on and could very likely be coming from Asia, according to an ex-Beyond and Impossible VC fund manager.