Nestle has voiced support for the continued use of palm oil in the food and beverage sector amid intense debate surrounding the recently-enacted EU Deforestation Regulation, while also striving to guarantee its supply chain sustainability using advance satellite technology.
The palm oil industry in Malaysia is calling for the European Union (EU) to provide more clarity over how it will define ‘high-risk’ countries under its recently-approved Deforestation Regulation, stressing that current scientific data has already demonstrated it should be omitted from this list.
Singapore-based tech firm Ai Palette has developed a new tool called FoodGPT, which harnesses the power of generative AI and natural language processing to elevate data-backed innovations and increase the success rate of product launches.
Price premiums, unsatisfactory taste, and a persistent perception of over-processed products are the most common barriers to plant-based meat consumption in Asian markets.
The APAC plant-based dairy industry believes that controversy surrounding the use of dairy terms for plant-based product labelling is unlikely to happen in this region despite contention in other markets, citing differences in local consumption drivers as a major factor.
Energy drink giant EastRoc Beverages has set its sights on South East Asia as a key export destination after having established itself as one of the largest brands in China, planning to retain its original best-selling recipe for its initial entry.
Hindustan Unilever Limited (HUL) has highlighted it will be proceeding cautiously in managing its food business for the rest of the year despite positive results in Q2FY2023, citing continued volatile climate changes and inflationary pressures.
Food and beverage business leaders in Asia need to issue clear and committed directives for supply chain resilience and secure alternative sourcing regimes to mitigate future disruption risks.
The South Korean government has launched a national campaign to reassure consumers that the national seafood supply will not be impacted by neighbouring Japan’s impending release of wastewater from Fukushima.
