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.
Foodservice volume sales of butter and spreads are expected to continue to grow moderately in Singapore in 2024, driven by the domestic growth momentum for dining out. Butter is commonly used as an ingredient in the preparation of numerous dishes…
While cheese is seeing a healthy retail value performance in Kazakhstan in 2024, supported by high prices, retail volume sales achieve only small growth. It is noted that cheese has a long way to go to reach its potential in the country, and that…
Despite already having returned to the pre-pandemic level of sales in 2023, foodservice volume sales of cheese are expected to continue to see moderate growth in Singapore in 2024. This is due to the growth momentum for dining out domestically, the…
In 2024, dairy products and alternatives in Bangladesh have witnessed strong price increases, particularly in categories like baby food and dairy. Nonetheless, both have maintained volume growth as consumers prefer to switch to lower-priced brands…
In 2024, Cambodia's dairy sector has witnessed significant growth, due to the nation's economic expansion following the recovery from the COVID-19 pandemic. The stable political environment has also boosted confidence, attracting investments in dairy…
Dairy products and alternatives is seeing positive value and volume growth in Kazakhstan in 2024. While value is better supported by still-high unit prices, volume sales see baseline demand thanks to the category offering many staple products to…
Milk formula is the most popular type of packaged baby food in Laos. Many mothers turn to milk formula when they are unable to breastfeed their babies and infants up to 12-months-old. Nevertheless, breastfeeding is strongly recommended by doctors and…
In 2024, baby food in Myanmar remains affected by negative macroeconomic conditions, such as rises in the average unit price amid high inflation and subsequent strong pressure on household income levels. The economic situation poses challenges…
Retail volume sales of dairy products and alternatives in Singapore are expected to remain stable in 2024, along with retail current value growth due to price rises. Retail volume stability would be quite an achievement, given that the GST rate in…
Milk formula and growing-up milk formula remain the main focus of baby food in Sri Lanka. However, sales of milk formula are hindered by the fact that most mothers breastfeed beyond their children are one year old, with the majority breastfeeding…