The pet food market in China has shown a different pattern during the Coronavirus (COVID-19) pandemic compared to other countries, tending to go against increased pet ownership, and with a growing role for domestic players.
According to Euromonitor, Hong Kong recorded one of the fastest growing markets for meat-substitutes in Asia Pacific in 2020. Sabrina Sakhrani, General Manager of Euromonitor International's Hong Kong office interviewed Next Gen Foods about the company's newly established plant-based chicken TiNDLE, together with Classic Fine Foods, its distributor, on their visions, insights and disruptions in the plant-based field.
The retail industry’s traditional wholesale model has been turned on its side due to the emergence of new business models and channels such as marketplaces, subscription services and direct-to-consumer brands. E-commerce is here to stay, and it is vital to stay current with all facets of the digital retail landscape.
HONG KONG – Asia Pacific and Australasia will become an e-commerce powerhouse in 2021 and beyond, due to e-commerce sales opportunities of over $68.5 billion, according to a new report from global market research company Euromonitor International.
Understanding consumer values is critical in today’s consumer-centric world, more now than ever, as Coronavirus (COVID-19) has upended many traditional habits. Euromonitor identifies Digital Living, Rethink Wellness, Sustainable Living, Make My Life Easier, and Search for Experiences as the top five trends that are transforming consumer behaviour in Asia Pacific in the world beyond the pandemic.
India is home to the world’s largest rural population, with 878 million rural dwellers accounting for 65% of the country’s population in 2020. Despite urbanisation, over half (53.6%) of India’s population - some 835 million people - will still be…