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.
Total demand for sugar and sweeteners in Japan remains stable in 2023 compared to the previous year, with foodservice volume sales partially offsetting the decline in retail volume sales. Foodservice volume sales had suffered throughout 2020 and…
Total demand for starchy roots in Japan continues to improve in 2023, mainly driven by foodservice and retail channels. Like many categories of fresh food, foodservice volume sales of starchy roots experienced significant declines at the height of…
In 2023, staples in Sri Lanka witnessed a shift in consumer preferences. Baked goods like fresh bread and pastries have gained popularity as more prepare their meals at home. Health-conscious are consumers seeking diverse breakfast cereals.…
In 2023, Laos is facing a new set of economic challenges attributed to the global surge in fuel prices, the devaluation of the Lao Kip, and rising inflation. As of April 2023, inflation increased significantly, primarily driven by the devaluation of…
In 2023, staple foods will see an improved performance in comparison with the previous year. In line with the full reopening of the economy and the resumption in tourism, demand has improved. Likewise, packaged food is becoming more popular in…
In 2023 off-trade volume sales of soft drinks saw solid growth due to the resumption of society in the wake of the COVID-19 pandemic. However, the market faced a new set of challenges such as global inflation rates and fuel shortages, forcing…
The market for small cooking appliances in Indonesia continues to be dominated by two products, namely freestanding hobs and rice cookers. These products are considered essential by most consumers and as such, saw an increase in demand during the…
Refrigeration appliances continued to see healthy growth in retail volume terms in 2023. This was fuelled by a number of factors, including a growing population, rising living standards, urbanisation and the busier lifestyles of urban consumers,…
Total volume sales of pulses in Japan continue to grow in 2023, albeit slowly, mainly driven by the further rebound of foodservice. Throughout 2020 and 2021, foodservice volume sales of pulses in Japan suffered, as several cities, such as Tokyo,…
An authoritarian stance continues to curb civil liberties and public debt is dangerously elevated in Laos. Although falling, inflation remains very high and is negatively impacting the economy and consumption, whilst the low unemployment rate is…
Retail volume sales of personal care appliances witnessed significant growth in during the review period. This was reflective of a cultural shift, whereby an increasing number of Indonesians placed greater emphasis on their appearance. With most…
Malt-based hot drinks remained the dominant category in other hot drinks in 2023. Brands such as Ovaltine (AB Food & Beverages Thailand Ltd) and Milo (Nestlé (Thai) Ltd) are popular choices among parents who wish to give their children a nutritional…
Total volume of nuts in Japan are gradually rising in 2023, mainly driven by the rebound in foodservice demand. Foodservice volume sales had suffered throughout 2020 and 2021 with Japan following quasi-states of emergency and states of emergency.…
The trend towards urbanisation helped to drive demand for microwaves in 2023, with the category showing significant growth over the previous year in retail volume terms. Modern families, especially in large cities, lead increasingly busy lives and…
Total demand for meat in Japan has remained fairly stable in 2023, supported by the ongoing recovery of foodservice sales, which is offsetting the decline in retail. Like many categories, foodservice volume sales of meat experienced significant…
Large cooking appliances saw accelerated growth in retail volume terms in 2023, supported by better economic conditions, which prompted Indonesians to upgrade their kitchens with more modern and efficient cooking solutions. Manufacturers also focused…
Sales of hot drinks in Taiwan saw healthy growth in volume terms in 2023, continuing the trend of the previous year. On-trade sales fell in 2020 and 2021, as measures put in place to contain the COVID-19 virus deprived many Thai professionals of…
The use of local laundry services served as a threat to the performance of home laundry appliances in 2023. Indonesian consumers appreciate the value and convenience of these facilities, which enable them to have their clothes washed and dried at…
Total volume sales of fruits in Japan continue to rebound in 2023, mainly driven by foodservice’s performance following the channel’s strong declines during the pandemic. Foodservice volume sales of fruits had suffered throughout 2020 and 2021, when…
Total volume sales of fresh food in Japan continue to record marginal growth in 2023, mainly driven by foodservice as the channel recovers from the significant drop during the pandemic. Foodservice volume sales suffered as COVID-19 first hit Japan,…