Understand the cultural and socioeconomic influences that shape i...
Understand the cultural and socioeconomic influences that shape industry demand throughout Asia-Pacific, with local insight, market statistics and analysis ranging from strategic regional overview to in-depth coverage by country or city.
Amid the growing climate change crisis, local interest in eco-friendly practices has risen significantly, aligning with value-based consumption. To reflect this trend, players in processed meat, seafood and alternatives to meat in South Korea are…
Average unit prices in processed meat, seafood and alternatives to meat saw another year of rises in 2023. This was for several reasons, including the increasing costs of energy and animal feed, with Indonesia being import-reliant for some raw…
In 2023, the overall retail demand for processed meat, seafood and alternatives to meat dropped in Taiwan as consumers resumed pre-COVID-19 pandemic lifestyles. The category had seen a surge in demand in the wake of the COVID-19 pandemic, driven by…
Processed meat, seafood, and alternatives to meat benefits from lower prices compared to its fresh variants. Additionally, due to inflationary pressures overall and the cost-of-living crisis, many consumers prefer to cook at home instead of dining…
Despite ongoing inflationary pressures, volume sales of processed meat, seafood, alternatives to meat saw moderate growth in 2023. This was due, to a large extent, to the continued recovery of foodservice, thanks to the normalisation of consumer…
Processed meat, seafood and alternatives to meat maintained dynamic growth in India in both retail volume and current value terms in 2023. Tofu and derivatives saw the strongest value growth in 2023. Increasing numbers of consumers are gravitating…
Processed meat, seafood and alternatives to meat is set to suffer a continued retail volume decline in 2023, although it is expected to maintain positive retail current value growth thanks to unit price increases, driven by inflationary pressures.…
While the war in Ukraine has led to supply disruptions, processed meat and seafood and alternatives to meat is expected to register moderate volume growth. That being said, constant value sales are expected to fall, as rising costs hit profit value…
The digital revolution has been rewiring retail for years, leading to new business models, commerce ecosystems and channels for reaching and engaging consumers. The COVID-19 pandemic accelerated this transition, as e-commerce became the default…
Asia Pacific remains the largest region globally for rice, pasta and noodles. Positive growth has continued to be seen in 2022, in spite of price increases caused by supply and cost challenges arising from the pandemic, the war in Ukraine and global…