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Asia’s promising market for ingredients
There’s keen interest in alternative proteins/plant-based proteins in Asia. A Mordor Intelligence report says the APAC market for plant proteins is growing at a CAGR of 6.1% (2018-2023) to reach USD 1,178 million by 2023. The region is getting ready for the meatless future even as we know that many consumers in the region are quite familiar with the taste of alternatives like insects, tofu, mycoproteins, and so many others. But how do you win in this budding market? Sam Gao of Top Guide Advisory Shanghai has his own thoughts to share about this on pages 14-16.
Dairy is another booming sector in the region. The Southeast Asian market is looking good. Earlier this year, the US Dairy Export Council (USEC) announced record-highs for cheese, whey, and other ingredients, exported to the region in 2018. We talked to Ms. Dalilah Ghazalay, Regional Director, Southeast Asia, USDEC about it.
For more exciting developments in the food and beverage industry, read the September issue now.

FoodPacific Manufacturing Journal Magazine Description:

FoodPacific Manufacturing Journal is published 8x a year in English. The magazine provides the food & beverage processing industry in South East Asia with the latest information and technologies on ingredients, processing and packaging, food safety and regulatory issues. It offers practical solutions to improve productivity, reduce cost, and turn innovations into real competitive advantages as well as the latest market information, trade show reviews and videos, and people and company profiles, written by industry experts and correspondents across the region. Also included are exclusive content and articles from industry professionals throughout S.E. Asia and from Ringier's family of food industry magazines covering Greater China region, the Middle East and other parts of the world, inclduing International Food & Beverage Ingredients News for China, China Food Manufacturing Journal, Food Manufacturing Journal-Middle East and Modern Food Processing (India). The interactive content allows readers to make direct and immediate contact with advertisers/suppliers and featured companies in the editorial by clicking on the web site and email addresses in each issue, access online content in Ringier’s food website in English and Chinese (food.industrysourcing.com), and avail of video content through iTunes and Google Play.