The global ice cream market generated revenues of US$143 billion in 2015, representing a CAGR of 3.6 percent between 2011 and 2015.

The global dinner ready-to-eat foods market is forecast to grow steadily at a CAGR of above six percent by 2021, according to Technavio.

Vietnam is forecast to be the fastest growing convenience market in Asia by 2021, followed by the Philippines and Indonesia, according to grocery research agency, IGD.

Ready-to-drink (RTD) tea has seen a strong growth due to consumers’ rising health awareness, resulting in them turning to beverages offering health benefits.

Consumers are showing a growing interest in hot and spicy foods, with new product launches increasing for nine years straight, according to a report by Kalsec.

Takasago, a Japanese flavour and fragrance company, opened its research and development as well as manufacturing plant at One Hub in Chennai with an investment of US$10 million.

The primary health concern in India is presently tiredness and fatigue, according to a study by Mintel, a global market intelligence agency, which has increased consumer demand for products targeting this.

How does one stay atop the seafood industry? Novelle Lim, general manager, Sales, Thong Siek Food Industry Private Limited, shares more with APFI on this. By Michelle Cheong

The future of food is in “convenience.” Why is this so, and how can manufacturers incorporate it into their products? Laureen Goi, general manager, Export Sales & Marketing, Tee Yih Jia Food Manufacturing Private Limited, shares more with APFI. By Michelle Cheong

According to market researcher Mintel, four mega-trends are dominating the Asia Pacific food and beverage market: healthier alternatives, brand stories, visual eating and changing lifestyles.

APFI About Us

Asia Pacific Food Industry (APFI) is Asia’s leading trade magazine for the food and beverage industry. Established in 1985, APFI is the first BPA-audited magazine and the publication of choice for professionals throughout the industry with its editorial coverage on the latest research, innovative technologies, health and nutrition trends, and market reports.

Asia Pacific Food Industry is published by Eastern Trade Media Pte Ltd. The company owns numerous trade and consumer titles, including Asia Pacific Metalworking Equipment News and Industrial Automation Asia.

Ebook

View Now