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.
Plant-based milk is expected to remain the only category within plant-based dairy with notable sales in China in 2024. Within plant-based milk, retail volume and current value sales of soy drinks experienced a significant decline in China in 2023,…
In Japan, after plant-based dairy reached its peak of retail volume sales in 2020, it experienced a consistent decline, which intensified from the latter half of 2022 due to rising inflation and the consequent surge in consumer thriftiness. This…
In 2024, retail sales of yoghurt are expected to decline for the fifth successive year in China in current value terms. This fall in sales is being driven by multiple factors. First, the overall economic environment remains weak, leading consumers to…
In 2024, yoghurt and sour milk products in Japan is expected to witness a modest increase in retail current value terms, following significant price adjustments in 2023 due to rising production costs, including raw milk prices and logistics, which…