News & Analysis on the Bakery and Snacks Industries
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Consumers in Asia are increasingly favouring snack consumption over meals, which spells opportunities, particularly in savoury snacks, for food companies to innovate and diversify, according to industry experts.
Meiji is launching a new product under its WELLCACAO range, which is made with the company’s proprietary cacao-based ingredient that claims to be less bitter and better retain nutrients such as polyphenols.
Dubai-based healthy snack brand Linafsi is adopting several strategies to overcome stiff competition, including flavour innovation and localisation, exploring new product formats, and expanding sales channels.
South Korean brand Harim seeks to meet growing consumer demand for protein-rich products in the country with a new cookie range and ready-to-heat chicken breasts seasoned with popular local flavours.
Indonesia-based Mamame says that its tempeh chips are made without soybean and seed oils to overcome allergy concerns and taste issues of the traditional snack, in the hope of catering to consumers worldwide.
UAE conglomerate Gulf Marketing Group (GMG)’s frozen foods brand Farm Fresh has unveiled its latest growth strategy by shifting its focus to healthy snacks, specifically targeting “older Gen Zs and younger millennials”.
Korea Ginseng Corporation (KGC)-owned brand Cheong Kwan Jang is actively expanding its red ginseng snacks line-up to target young consumers amid a thriving retro craze.
Cargill-owned Aalst Chocolate is putting “substantial investment” into insights-driven R&D, customised products, and strengthening of its bean-to-bar supply chain to push growth in Asia and beyond.
Kirin Holdings and Kellogg’s Japan have co-developed a functional food with “double health claims”, which could also serve as a meal substitute, to meet the rising demand for products that improve intestinal environment and provide immune support at the...
Singapore-based Confetti Snacks’ fruitful venture in the US has given the firm a better understanding of differing consumer demands in the East and West, as well as a boost for its APAC expansion ambitions.