Sustainable Food Future
The market outlook for sustainable food in Asia is very positive. The region is home to some of the world’s fastest growing economies and rising middle classes, which are driving demand for healthier and more sustainable food options. In addition, the region is facing a number of challenges that are making sustainable food more attractive, such as climate change, water scarcity, and food insecurity.
According to a report by PwC, Rabobank, and Temasek, Asia is on track to require around US$1.55 trillion of investment over the next decade to satisfy growing consumer demands for healthier and more sustainable food options. This investment is expected to be driven by a number of trends, including:
- The growing popularity of plant-based diets: Plant-based diets are becoming increasingly popular in Asia, as consumers become more aware of the environmental and health benefits of eating less meat.
- The rise of alternative proteins: Alternative proteins, such as lab-grown meat and insect-based foods, are also gaining traction in Asia. These products offer a more sustainable way to produce protein, and they are also appealing to consumers who are looking for new and innovative food options.
- The increasing adoption of precision agriculture: Precision agriculture is the use of technology to improve the efficiency and sustainability of agricultural production. This technology is being used in Asia to improve water use efficiency, reduce pesticide use, and increase crop yields.
- The growing demand for food traceability: Consumers in Asia are increasingly demanding more information about the food they eat, including where it was produced and how it was grown. This is driving the adoption of food traceability technologies, such as blockchain.
The market for sustainable food in Asia is still in its early stages, but it is growing rapidly. The region is home to a number of innovative startups and companies that are developing new and sustainable food products and technologies. These companies are well-positioned to capitalize on the growing demand for sustainable food in Asia.
Organising Office and Principal Sales Office in Asia:
Jorinda Tan
[email protected]
Principal Sales Office in EMEA and Americas:
Simone Tanda
[email protected]