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Older consumers show sweet potato love, Fresh Trends data reveals

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Market Trends

Older consumers show sweet potato love, Fresh Trends data reveals

August 15, 2022 by Asia Food Journal

Sweet potatoes

About one in three consumers say they have purchased sweet potatoes in the last year, The Packer's 2022 Fresh Trends survey reveals. Behind that overall number, Fresh Trends data shows big variations in the frequency of purchases, depending on demographic variables. Age is the biggest influence on the frequency of sweet potato purchases, according to Fresh Trends.  In fact, research shows that 51 percent of consumers over age 60 said they purchased sweet potatoes in the past year. … [Read more...] about Older consumers show sweet potato love, Fresh Trends data reveals

Other Topics: consumer behaviours, consumer research, Fresh Trends, Market Trend, Sweet Potatoes

Golden Agri-Resources delivers a robust performance in the first half of 2022 amidst industry volatility

August 15, 2022 by Asia Food Journal

Golden agri-resources

Golden Agri-Resources Ltd ("GAR" or the "Company") continued to perform robustly during the first semester of 2022, delivering a strong set of results amidst increased volatility in the industry.  EBITDA reached US$807 million, a 54 percent increase year on year. Underlying profit and net profit were also strong at US$407 million and US$390 million, respectively. This performance was achieved on the back of a 23 percent year-on-year increase in revenue to almost US$5.5 billion, mainly … [Read more...] about Golden Agri-Resources delivers a robust performance in the first half of 2022 amidst industry volatility

Other Topics: EBIDTA, GAR, Golden Agri-Resources, palm oil, Vegetable Oil

Asian consumers optimistic about economy and personal financial situation improving over the next 12 months

August 12, 2022 by Asia Food Journal

Asian consumers

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

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