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Key Consumer Foodservice Trends for Asia Pacific, Western Europe, Latin America and The Middle East and Africa
Jeremy Roberts
Consumer foodservice was one of the industries most badly impacted by the pandemic and its slew of restrictions, recording major losses across regions. It has been recovering in most areas of the world since the pandemic, although the recovery is starting to slow, due to high inflation rates pushing up costs and eating into consumers’ disposable incomes.
Tracking E-Commerce Prices and Sales in China’s Instant Noodle Market
Jared Conway
As global eyes turn again to China to monitor its current economic situation, understanding what is happening at the micro level can provide insights into how consumers are reacting to the current economic situation and how manufacturers and suppliers can best position their products to compete in this unprecedented environment.
Key Trends in Toys and Games: Focus on Asia Pacific and Western Europe
Jeremy Roberts
In Western Europe, high inflation is having a negative impact on sales of toys and games, with a similar situation prevailing in Asia Pacific, notably Japan, as rising prices in many areas of the economy are putting pressure on consumers’ disposable incomes. Despite this negative influence, Western Europe saw sales growth increase in 2022. In contrast, sales declined in Asia Pacific, due to losses in the region's highest value markets, China and Japan.
Leveraging Emotional Loyalty in Asia Pacific to Overcome Point Liability
Prudence Lai
Economic headwinds are impacting how consumers spend in Asia Pacific which calls for effective loyalty strategies for customer acquisition and retention. The costs behind running a loyalty programme can be significant and hinders the return-on-investment of such schemes. Emotional loyalty strategy can serve as a key differentiator in the region to enhance long-term customer loyalty and deliver balanced approach alongside monetary rewards.
Rising Energy Pressures: Navigating Energy Vulnerability in Asia Pacific
Aleksandra Svidler
Historically known for their robust economic growth, many Asian economies are grappling with a complex combination of energy vulnerabilities and aspirations for a sustainable energy future amidst a rapidly evolving global energy landscape. This article delves into the energy vulnerability of select Asian countries, offering insights into the challenges they face and the opportunities they can seize to enhance their energy security.
The Future of Functional Beverages in Asia Pacific
Nathanael Lim
Consumers in Asia Pacific have a wide range of health priorities ranging from mental wellbeing to getting enough sleep to maintaining a healthy immune system. There are increasing opportunities across both physical and emotional/mental health spaces, creating potential for beverage companies to look into various functional ingredients and map these to consumers’ rising health priorities.