The Philippines’ most positive on country’s economy improved within one year to 58 percent, 23 percent higher than the regional average of 35 percent. It is also the most upbeat country in relation to the enhancement of their personal economic situation in the upcoming 12 months, with 77 percent being confident, 17 percent more than the regional average of 60 percent GfK’s Consumer Trend Study 2022 report studied the issues that concerned consumers in Southeast Asia, India, and … [Read more...] about Asian consumers optimistic about economy and personal financial situation improving over the next 12 months
Market Trends
Sales of Plant-based Probiotics to Record Stellar Growth for Forecast Period 2022 – 2032
The global plant-based probiotics market is estimated at US$ 890.1 million in 2022 and is expected to expand at an impressive CAGR of 6.7 percent during the forecast years of 2022-2032. Plant-based probiotics are integrated as food supplements in daily food items due to their digestive health benefits, such as enhancement of gut health and increased immune response. Due to government standards and safety requirements in end-user operations, key manufacturers focus on providing high-quality … [Read more...] about Sales of Plant-based Probiotics to Record Stellar Growth for Forecast Period 2022 – 2032
Kerry showcases good performance, revenue shows 15.2% organic growth
Kerry’s financial results for the first half of 2022 increased by 13.3 percent to € 4.1 billion (US$4,19 billion), showcasing an organic growth of 15.2 percent overall. The ingredients company celebrates the overall performance and hopes this will continue despite the concerns over inflation and geopolitical uncertainty, shares its CEO, Edmond Scanlon. “Volume growth was solid in both retail and foodservice channels, driven by an increased level of innovation … [Read more...] about Kerry showcases good performance, revenue shows 15.2% organic growth
