The better-for-you snacks sector in Asia Pacific will need to step up its focus on product functionality and freshness if it is to build on the boom it has enjoyed in recent years.
The implementation of stricter regulations for palm oil, one of the food sector’s most essential commodities, will lead to major supply and cost implications in APAC and beyond, says the Roundtable on Sustainable Palm Oil (RSPO).
Thai seaweed snacking giant Taokaenoi has highlighted a combination of healthier eating, more constant snacking and the overall Korean Hallyu trend as a major driver for seaweed snack popularity in recent years.
Convenience for parents and guaranteed food safety for children are the primary drivers of growth for the kids’ snacking market in India today, with the category evolving to become an increasingly important dietary occasion in the country.
Thailand insect-based brand Cric-Co believes that there is a large potential market for insect-based snacks both within its home market and also in international ones, but it is vital that they are in formats that resonate with mainstream consumers.