Industry Trends

October 2021

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?

Alternative proteins, Infant nutrition, Frozen food, and more. Find out what journals and industry experts have been discussing in the last four weeks.

Latest Industry Articles

Alternative proteins have come a long way, and with the recent surge in interest in China and India, brands like Beyond Meat and Impossible Foods aren't going anywhere
Business Insider

Alternative protein brands like Beyond Meat and Impossible Foods are now options for meat eaters. Fast-food chains and restaurants like Starbucks and McDonald’s helped increase their popularity. Places like China and India are huge opportunities for the growth of plant-based meats.

From infant nutrition to toddler ready meals: What’s trending in kids’ food?
FoodNavigator

Some of the key trends observed in the baby food category are also applicable to children’s food, Marie Breban, market research analyst at Euromonitor International, tells FoodNavigator.

Return to normal sees long-term frozen food growth slow

Food IngredientsFIrst

Singapore- and US-based TurtleTree Labs is teaming up with Solar Biotech in the US to rapidly scale the production of cell-based milk. The move marks an important step into the manufacturing viability of cell-based milk as a practical alternative food source.

Coca-Cola to exit sachet business

BusinessWorld

COCA-COLA Beverages Philippines, Inc. recently announced that it will be exiting the sachet business next year as part of its environmental efforts. The beverage company will also introduce paper straws and remove plastic straws from its juice and dairy products, Minute Maid and Nutriboost.

PHL sugar imports projected at 100,000 MT in 2021/2011

BusinessWorld

SUGAR imports for marketing year (MY) 2021/2022 are projected at 100,000 metric tons (MT), according to the United States Department of Agriculture (USDA). In a report, the USDA’s Foreign Agricultural Service said the current import estimate represents a downgrade from its previous estimate of 150,000 MT.

Tuna canner CNPF diversifies into pet food

Manila Bulletin

Century Pacific Food, Inc., one of the leading branded food companies in the Philippines, is diversifying into the pet food business through its newly developed brand called Goodest.
In a disclosure to the Philippine Stock Exchange, CNPF Executive Chairman Christopher Po said “Pet food is one of the fastest growing consumer goods categories in the Philippines and around the world.” CNPF Executive Chairman Christopher T.

Jollibee Group boosts food safety measures due to COVID
Manila Bulletin

In light of the pandemic, the Jollibee Group is strengthening its food safety culture even further to ensure that food safety practices and measures in all the stores of its various restaurants in the Philippines meet global standards consistently.

Food supplement processing center to rise in Tarlac
Manila Bulletin

A food supplement processing center is set to be established in Pura, Tarlac following the signing of a memorandum of agreement between the Department of Science and Technology (DOST) and the local government unit (LGU) of Pura.

Del Monte-Vinamilk eyes 10% share in PH dairy market
Manila Bulletin

The joint venture of two food giants Del Monte and Vinamilk of Vietnam is eyeing a conservative 10 percent market share in the Philippine dairy market in the immediate term.

EcoWaste warns public vs buying toxic skin whitening products

Manila Bulletin

Toxics watchdog group EcoWaste Coalition has warned the public against buying and using skin whitening products currently sold on the market that use false, misleading or deceptive claims regarding their benefits as they may actually pose health risk to their users. The group made the call after finding that at least 10 products that contain excessive amounts of mercury are being sold online and in beauty product shops and Chinese drug stores in Manila.

PH eyes to become China’s top coconut supplier

Manila Bulletin

The Philippines targets to become the top exporter of coconut products to China, next to other ASEAN countries like Indonesia, Thailand, Vietnam and Malaysia. The 2020 China Coconut Oil Import Source Countries Statistics as reported by the Embassy of the Philippines in Beijing, the Philippines ranked second largest coconut supplier to China, cornering 27 percent of total market share in the country.

Commercialise East Malaysia's unique produce

NST Online

Food agriculture in Malaysia took a backseat after the 1970s as focus shifted to manufacturing, electronics and heavy industries, like steel and car manufacturing, and later, the IT industry with the establishment of Cyberjaya and the Multimedia Super Corridor.

Agrofood sector goals offer much food for thought

NST Online

The Agriculture and Food Industry Ministry welcomes the emphasis on food security, as shown in the 12th Malaysia Plan (12MP), to increase the capacity of the agrofood sector as a sustainable, resilient and high-tech sector that can drive economic growth and improve people’s wellbeing.

Nestle Malaysia unveils Lively Tea with nationwide launch

NST Online

Nestle (Malaysia) Bhd has rolled out an all-new Lively Tea, marking its entry into the world of refreshing tea drinks.

New standards for storing and transporting frozen food in S'pore to boost cold chain ecosystem

Straits Times

New standards for storing and transporting chilled and frozen food were launched on Oct 1, said the Singapore Standards Council (SSC). The standards are aimed at strengthening Singapore’s cold chain ecosystem by improving the management of chilled and frozen food, which includes pre-packaged food, meat, vegetables and eggs.

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