The baking ingredients market is estimated at US$13 billion in 2017, and is projected to grow at a CAGR of 5.4 percent to reach US$16.9 billion by 2022, according to Research and Markets.
With busier lifestyles, consumers are turning to meals that are convenient and hassle-free. Ready meals could even be more nutritious than food cooked from scratch in home kitchens.
The health and wellness trend is still going strong globally. Scott Nykaza, president and chief operating officer, Kalsec, gives his opinion on what ingredients will be popular in 2017 and what manufacturers can expect this year.
Consumers’ lives are becoming more fast-paced, increasing the demand for convenient meals and snacks. Amidst the strong competition in asia, how can food manufacturers provide added benefits that will enhance consumers’ on-the-go lives, rather than just meeting their basic needs? By Jai Rastogi, vice president, Packaging Technology Integrated Solutions, APMEA, Havi Global Solutions
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
Accounting for 13 percent of China’s total yoghurt category in 2014, ambient yoghurt drink sales are expected to reach US$5.6 billion by 2017.