Industry Trends

June 2023

See what has been happening in Asia’s food and beverage industries over the last weeks. What are experts and industry magazines talking about?

What has been happening?

Lab-grown meat worse for the planet? Overcoming taste challenges in sugar and salt reduced F&B, Artificial intelligence: The future of food or the end of humanity, and more. Find out what journals and industry experts have been discussing in the last four weeks.

Latest Industry Articles

Could lab-grown meat actually be worse for the planet?
The Malay Mail

Some US$2 billion (RM8.9 billion) dollars have already been invested in cultured meat technology. However, research from the University of California may have thrown a spanner in the works by challenging the ecological argument that often supports the legitimacy of this kind of research. In fact, lab-grown meat could be up to 25 times more harmful to the planet than regular beef.
Overcoming taste challenges in sugar and salt reduced F&B
Food IngredientsFIrst

Brands are increasingly challenged to produce great tasting foods that deliver less sugar and salt. This is especially true as front-of-pack labeling schemes like the Nutri-Score become more widespread worldwide. In the UK, foods that are too high in fat, salt or sugar (HFSS) are subject to marketing restrictions and prohibited from occupying space near the checkout counter.
Artificial intelligence: The future of food or the end of humanity?
FoodNavigator Europe

While some fear AI spells the end of the humanity, others are optimistic the technology will optimise food production and achieve ‘what has previously not been possible’.
‘Plastic is yesterday’s material’: Sustainable packaging innovator Xampla on how it can allow global food and beverage brands to deliver ‘breakthrough’ new product developments
BeverageDaily

Meet Xampla, the British company innovating solutions for two separate industry challenges: plastic pollution and the protection of valuable vitamins and nutrients. Food-Navigator Europe caught up with Stanley Mitchell, Head of Business Development at Xampla, to learn more about the company’s pioneering work that hopes to enable sustainable nutrition for today’s conscientious consumers.
WHO advises against non-sugar sweeteners for weight control, experts flag scientific limitations
Food IngredientsFIrst

The World Health Organization (WHO) has stated long-term use of non-sugar sweeteners (NSS) does not have long-term benefits in reducing body weight and may have undesirable effects, such as the risk of type 2 diabetes, cardiovascular diseases and premature mortality in adults. However, some experts find the supporting evidence insufficient.
Global beverage alcohol market volume growth slows
BeverageDaily

Volume growth in the global beverage alcohol market is expected to slow to +1% per annum over 2022-2027, according to the latest analysis from IWSR. India, Mexico and Brazil are expected to take over from the US and China as volume growth drivers.
Can ‘foods to avoid’ save your health?
Daily Tribune

Appetizing as it may look, yet it seems to lead to lifetime regrets. Sometimes food can heal. But it only does wonders when we consume them at the right time and in appropriate quantities. In my decades of diet counseling, let me share with you my top five foods to avoid to keep a healthy life: Deep-fat-fried foods. Submerging food in a large volume of oil is not good for one’s health. It may give you comfort in your mood or satisfy your cravings.
How a Malaysian bee farmer is fermenting honey into... “Asgardian” mead
The Malay Mail

There’s a saying: When life hands you lemons, you make lemonade with it. What happens when life hands you something else, say honey? If you are Jeff Lau, a 33-year-old ultra marathon runner and bee farmer, then you do the obvious thing and ferment the surplus honey into… mead.
China expands use of B vitamins into sports drinks, raises maximum dosage of taurine
BeverageDaily

China’s food safety authorities have allowed the use of vitamin B1, B2 in beverages for special purposes, such as sports drinks, while the maximum permitted dosage of taurine has been raised.
Solar Foods’ protein from thin air debuts in Singapore as chefs create novel menu
Food IngredientsFIrst

Solein – the sustainable protein developed by Finnish food tech company Solar Foods – is being tasted today for the very first time in Singapore. This landmark moment for the F&B industry is being slated as a historical day that will showcase the potential of this novel protein which has been grown out of thin air.
Carpe diem for EU firms to invest in Vietnam’s food processing industry

Vietnam Plus

The EU firms have an especially advantageous position to enter Vietnam’s food processing market due to the close trade ties between Vietnam and the bloc, as well as a favourable image of European products among Vietnamese consumers, according to Vietnam Briefing news site.

The Big Read: Buy local but at what price? Costlier Singapore produce could hamper quest for greater food security

Channel NewsAsia

Though local food produce costs more than imported ones, Ms Doreen Chan still believes she is getting more bang for her buck by buying local, as they are “fresher” and “better in quality”. “I like hydroponic vegetables because they are much cleaner to me,” said the 76-year-old, who works in the healing services industry. “I get local eggs too, like Seng Choon eggs, which I find to be fresher than imported eggs. They’re more expensive, by a dollar or so, but the quality of local produce is so much better.”

El Niño fails to affect Thai food prices

Bangkokpost.com

The Internal Trade Department says the droughts caused by the El Niño weather phenomenon have yet to affect the prices of local goods.

Asean food security reserve board discusses solutions to address food-related issues

NST Online

Jakarta: The Asean Food Security Reserve Board (AFSRB) convened a meeting on June 7 in Bogor district, Indonesia’s West Java province, to address food-related challenges such as the food crisis, El Nino and food reserves.

Food industry looks to the future

Bangkokpost.com

Thailand’s future food industry is projected to grow 5% this year, driven by emerging trends and increasing demand for healthier and more environmentally friendly food options.

Vietnam's food, beverage companies remain upbeat despite downturn

XinhuaNet.com

While worries about a possible recession have led to shrinking consumer buying power, the food and beverage businesses in Vietnam remain optimistic about their performance this year, Vietnam News reported on Monday.

Malaysia’s halal food sales expected to reach RM50b this year, says minister

The Malay Mail

The local halal food sector is seen to be growing as sales of halal food is expected to reach RM50 billion this year, said Minister in the Prime Minister’s Department (Religious Affairs), Datuk Mohd Na’im Mokhtar. He said in efforts to become the centre of the global halal industry, the government has introduced various initiatives aimed at improving the quality of halal products and attracting more foreign investments to Malaysia.

Sugar self-sufficiency seen possible with production of 2.4-2.5 million MT

BusinessWorld

The Philippines needs to produce about 2.4 to 2.5 million metric tons (MT) of sugar to be considered self-sufficient, a Sugar Regulatory Administration (SRA) official said. “Maybe we need to produce about 2.4 to 2.5 million metric tons to be called self-sufficient. So, our (objective) is really how to make the farmers improve their production,” SRA Acting Administrator and Chief Executive Officer Pablo Luis S. Azcona said at a Laging Handa briefing on Wednesday.

Malaysian expo offers Halal trade doorway

Daily Tribune

Entering the lucrative halal market among Islamic countries may become easier through the 19th edition of the Malaysia International Halal Showcase which is touted as a gateway for global businesses seeking to access the fast-growing global industry.

Vietnam introduces food, beverage products at Thailand's trade show

Vietnam Plus

Nearly 160 Vietnamese food producers are displaying their products at Thaifex Anuga 2023 in Thailand – the largest food and beverage trade show in Asia for retailers, supermarkets, hotels, and restaurants to introduce the latest products and innovations in the food and beverage industry.

ADB calls for more ASEAN investment in health, nutrition

BusinessWorld

The Association of Southeast Asian Nations (ASEAN) needs to build resilience against future public health crises by raising investment in health and nutrition, the Asian Development Bank (ADB) said. “Providing adequate healthcare services within and across the ASEAN community is a challenge, given interconnections of access to healthcare for everyone with poverty, water and sanitation, as well as with peace, stability, and governance,” the ADB said in a report.

Dairy development: Malaysia looks to update four-decade-old milk regulations to prevent food safety and fraud concerns

FoodNavigator Asia

The Malaysian Ministry of Health (KKM) has released a statement seeking public opinion to update the local statutes governing food safety and quality of milk products in the country, citing concerns of fraudulent or unsafe products falling through the cracks.

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