Food Bev Asia

IN 2019, the Asia Pacific nutricosmetics market was valued at USD 3.1 million and is projected to experience a Compound Annual Growth Rate (CAGR) of 12% between 2020 and 2027. [i]     Nutricosmetics encompass nutritional supplements for beauty and personal care. These products or ingredients are intended for oral consumption, and can also be incorporated into functional foods and beverages.     Sustainability, credibility, efficacy and naturalness claims are currently trending in the Asian beauty-from-within sector  (Photo © Kitthanes Ratanasira Anan I Dreamstime)   There is growing demand among consumers for beauty-from-within concepts, notably among ageing populations in advanced economies. This demographic is actively seeking out such products to support their health and help maintain a youthful appearance. Older consumers are therefore recognised as a key driver for the expansion of the nutricosmetics sector. So, perhaps not surprisingly, in regions cha...

Indonesia is on the road to becoming a global economic powerhouse, with 2045 the year this is predicted to come to fruition. Looking forward to a robust performance in 2024,  the government expects about 5.2% economic growth rate in the coming years. The encouraging outlook is buoyed by progress in key non-oil and gas manufacturing industries, the  largest of which is food & beverage.   The F&B sector which accounts for the greater share of the CPG industry, accounted for 6.47% (USD20.78 billion) of GDP in the first quarter of 2023, the highest contributor based on recent reports from BPS Statistics.   The government’s reforms to move the CPG industry forward have attracted local and foreign manufacturers to expand and set up their production hubs in Indonesia. More local brands are gaining market share across the region. But as any company knows, challenges remain in sight.   To gain new perspective on this ever-growing industry, Ringier and S...

AS CONSUMER demands continue to rapidly evolve, China's food and beverage industry is experiencing unprecedented transformation. Innovations in healthy product formulations, eco-friendly packaging, rigorous safety testing and intelligent manufacturing processes are changing the industry landscape. This is apparent in the selection for the 2024 Food and Beverage Industry - Ringier Technology Innovation Awards.   The awards program which marks its 18 th  year, recognizes companies and their products that have made outstanding contributions to F&B and technologies, and encourages more companies to invest in technological innovation. This year, 82 products/technologies from 60 companies entered the final judging and votation for the following categories: Innovative Product of the Year (End Product) Food and Beverage Ingredients Food and Beverage Packaging Technology Food and Beverage Processing and Automation/Intelligent Manufacturing   The judging criteria were based on ...

The August issue of FoodPacific Manufacturing Journal explores the needs of SMEs which  make up most of the manufacturing industry in Southeast Asia. How can they improve their competitiveness in the midst of challenges? Quality management In terms of growing their business, for example, SMEs have very much to grasp, from understanding the importance of proper documentation to long-term planning. In the report, First urgent Total Quality Challenge to MSMEs in the Philippines , the author, Dr Miflora Gatchalian writes that SMEs do not know where to begin their quality development and improvement efforts, as well as on how to sustain these efforts. Her team has been collaborating with the Philippines’ Department of Science and Technology on how to assist SMEs. In the next issues of this magazine, she will be sharing more highlights about this collaboration. Are they ready to go smart? In solving many of their operational problems, investing in digital transformation is a route SMEs m...

The Asia Food and Beverage Innovation Summit hosted by Ringier Events gathered some two hundred participants from the local F&B manufacturing and packaging sectors at the JS Luwansa Hotel & Convention Centre in Jakarta from May 15 to 16, 2024. Industry professionals, academics, and private sector representatives came together to share and discuss crucial topics in food processing and nutrition, packaging technologies, sustainability, food security, and Halal certification.    Key personalities in the industry joined the conference as speakers including Rachmat Hidayat, Vice Chairman, Public Policy and Interagency Relationship Association of Indonesian Food and Beverage Manufacturers; Henky Wibawa, Executive Director of the Indonesia Packaging Federation; Dr Joseph Ross Jocson, president of the Asian Packaging Federation; Triyono Prijosoesilo, Director of Public Affairs, Communications and Sustainability, from PT Coca-Cola Indonesia.   Mr.  Tony Huang, CEO, Da...

 Always a delight to visit, the Food and Hotel Asia (FHA) - Food & Beverage 2024 held in Singapore from April 23-26, was an extravaganza of fine products from across the globe.  Italy alone was represented by 58 food and beverage exhibitors of wines, cheese, olive oils, truffles, and cold cuts.     FoodPacific Manufacturing Journal (FPMJ)   was able to interview Mr Giorgio Calveri, Trade Commissioner for Singapore and the Philippines, on Italy's F&B exports to Southeast Asia.   Mr Giorgio Calveri, Trade Commissioner for Singapore and the Philippines FPMJ: With 58 exhibitors, what is the Italian delegation bringing to FHA this year? The Italian delegation at FHA was a vibrant showcase of Italian food excellence. In total, the 58 exhibitors represented a diverse range of high-quality products, including:  - Classic food items: From cheeses and prosciutto to an array of pastas, pastries, and the finest olive oils. - Ingredients and cond...