FEATURED WHITEPAPERS
July 2023
APAC alternative proteins market rife with venture financing and M&A activity, opines GlobalData
Alternative proteins have made significant inroads in the Asia-Pacific over the last five years, spurred by rising consumer health concerns and increased manufacturer activity in the region.
Alternative proteins, particularly plant-based dairy and meat alternatives have made significant inroads in the Asia-Pacific (APAC) region since 2018. Additionally, the global meat supply chain disruptions and heightened fears of disease transmission through meat during the COVID-19 outbreak catalysed market growth. More consumers began experimenting with plant-based meat alternatives in 2020, thereby expanding the market base.
In this Whitepaper
• APAC dominates the global dairy alternatives drinks market
• APAC meat substitutes demand lags far behind Western markets
• Fluid competitive landscape with rising investments and M&A activity
• Regulatory policy changes and novel technologies to influence future market growth trajectory
August 2023
Lab-grown food pivotal for food security in the Asia-Pacific, opines GlobalData
GlobalData examines the state of affairs and consumer attitudes towards lab-grown food in the Asia-Pacific
Plant-based protein alternatives have become the buzzword in the Asia-Pacific (APAC) food and beverage industry. In contrast, lab-grown food is a less heard-of concept. While plant-based alternatives are made with plant-derived ingredients, lab-grown food is produced from animal-derived cells or products. Cultivated meat, for instance, is made by culturing muscle, tissue, or skin cells extracted from live animals. The extracted cells are placed in a nutrient medium in bioreactors to stimulate cell multiplication. As the cells proliferate, they can be fashioned into the desired cuts of meat. Meat produced in this manner is also called cultured meat, cellular meat, invitro meat, clean meat, and cellular agriculture.
In this Whitepaper
• APAC dominates the global dairy alternatives drinks market
• APAC meat substitutes demand lags far behind Western markets
• Fluid competitive landscape with rising investments and M&A activity
• Regulatory policy changes and novel technologies to influence future market growth trajectory
September 2023
Inflation is reshaping the out-of-home dining preferences of Asia-Pacific consumers
The easing of the stringent COVID-19 restrictions unleashed pent-up demand for out-of-home dining experiences in the Asia-Pacific (APAC) in 2021 and 2022. However, after the pandemic, inflation has emerged as the new disruptor, influencing how often, when, and where consumers dine out.
The COVID-19 outbreak in 2020 proved a bane for dine-in restaurant operators and a boon for food takeaway service providers. Amid the lockdowns, dine-in transaction volumes and value plunged in 2020, while takeaway transactions rose. However, the pent-up demand for dine-ins resurged as authorities began easing the pandemic control measures in 2021. Despite the prevailing social distancing and face mask mandates, consumers began flocking back to their favourite eateries in 2021. As a result, dine-in transactions began rebounding, while takeaway transactions decelerated.
In this Whitepaper
• APAC dominates the global dairy alternatives drinks market
• APAC meat substitutes demand lags far behind Western markets
• Fluid competitive landscape with rising investments and M&A activity
• Regulatory policy changes and novel technologies to influence future market growth trajectory
September 2023
Inflation is reshaping the out-of-home dining preferences of Asia-Pacific consumers
The easing of the stringent COVID-19 restrictions unleashed pent-up demand for out-of-home dining experiences in the Asia-Pacific (APAC) in 2021 and 2022. However, after the pandemic, inflation has emerged as the new disruptor, influencing how often, when, and where consumers dine out.
The COVID-19 outbreak in 2020 proved a bane for dine-in restaurant operators and a boon for food takeaway service providers. Amid the lockdowns, dine-in transaction volumes and value plunged in 2020, while takeaway transactions rose. However, the pent-up demand for dine-ins resurged as authorities began easing the pandemic control measures in 2021. Despite the prevailing social distancing and face mask mandates, consumers began flocking back to their favourite eateries in 2021. As a result, dine-in transactions began rebounding, while takeaway transactions decelerated.
In this Whitepaper
• Dine-in and food takeaway services have had a rollercoaster ride in recent years
• Different consumer cohorts are reacting differently to spiralling inflation
• Challenging times ahead for the foodservice sector
Lab-grown food pivotal for food security in the Asia-Pacific
Inflation is reshaping the out-of-home dining preferences of Asia-Pacific consumers
GlobalData examines the state of affairs and consumer attitudes towards lab-grown food in the Asia-Pacific.
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Plant-based protein alternatives have become the buzzword in the Asia-Pacific (APAC) food and beverage industry. In contrast, lab-grown food is a less heard-of concept. While plant-based alternatives are made with plant-derived ingredients, lab-grown food is produced from animal-derived cells or products. Cultivated meat, for instance, is made by culturing muscle, tissue, or skin cells extracted from live animals. The extracted cells are placed in a nutrient medium in bioreactors to stimulate cell multiplication. As the cells proliferate, they can be fashioned into the desired cuts of meat. Meat produced in this manner is also called cultured meat, cellular meat, invitro meat, clean meat, and cellular agriculture.
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