Lotte Low Sugar Snacks, Dole Clean Label Juices, Cost Saving Sugar Reduction and more
In search of the sweet spot: Lotte says low-sugar snacks and confectionery are top NPD drivers
Snacking giant Lotte has revealed that low-sugar and sugar-free are key trends guiding its new product development across both its snacks and confectionery portfolios, while also announcing plans to increase sales in the Middle East and South Africa.
Lotte has two main manufacturing facilities in Asia, one in Japan and one in Thailand, and according to the company’s Thai office, the most popular brands currently both locally and for export to the region are Koala’s March Biscuits, Toppo Biscuit Sticks and Xylitol Gum Chews.
“Lotte has a presence in snack and confectionery markets around the world and in APAC, and we have seen low-sugar and no-sugar products gain traction among consumers in many countries,”Thai Lotte Assistant Export Department Manager Surasak Suwannapim said FoodNavigator Asia.
Defeating the “Bad Guys”: Dole focuses on clean label and fortification for juice product innovation in APAC
Fruit products heavyweight Dole has announced plans to focus on developing more clean label and fortified juice products for the Asia-Pacific market, citing rising consumer interest in the region as a key driver.
Although Dole, formerly Dole Sunshine Company, is already a household name in the region when it comes to fruit products and juices, it is important for the company to continue to push the development of products with a focus on health and wellness given the increasing consumer awareness in the Region.
As such, it has chosen to make clean label and fortification a key focus of its ongoing product innovation efforts, particularly in juices.
Sweet Savings: Sugar reduction is an effective cost-cutting solution to deal with Middle East inflation challenges
According to Tate & Lyle, sugar reduction strategies can be a powerful tool to reduce production costs and lower prices while meeting consumer and government demand in the Middle East for healthier products.
Product pricing and cost-cutting strategies are of particular importance for food and beverage manufacturers in the Middle East, as the International Monetary Fund (IMF) has forecast persistently high inflation levels of 13.9% in 2022, mainly driven by Ukraine’s Russia-War, as it has traditionally been dependent on these two countries and is generally dependent on foreign food imports which have declined.
“While consumers in the Middle East region are becoming more health conscious and also looking for indulgence products that don’t compromise on taste, they are also becoming more price sensitive due to inflation.” Diane Laban-Ramsay, Tate & Lyle Regional Marketing Manager TMEA (Turkey, Middle East and Africa), as part of the Middle East Sugar and Calorie Reduction Program.
Path to wellness: Chinese demand for healthier products is outpacing other Asian markets
Chinese consumers cite regional demand for healthier, more nutritious foods, such as low-sugar or no-sugar products and high in fiber, for benefits such as better gut health and quality of life.
According to Remington Zhu, general manager of Greater China at global F&B ingredients company Tate & Lyle PLC (Tate & Lyle), the top two demographics to focus on are the over-65s and the athletic younger generation.
“Consumer trends in China are very diversified. The aging population, from around 65 to 70 years of age, values longevity and quality of life, while the younger generation is more health conscious and engages in various sports. These consumers are demanding healthier and more nutritious foods, especially those living in cities like Shanghai and Beijing.”he said.
Nestle Health Science acquires GO Healthy and parent company praises brand’s “simplified yet effective” vitamin regimen
Nestle Health Science, along with the brand’s New Zealand-based parent company, will acquire dietary supplement brand GO Healthy, adding that the GO Health brand has a unique position in the market with its “simplified but effective” vitamin regimen.
Known as The Better Health Company (TBHC), the company is the parent company of dietary supplement brand GO Healthy, Manuka honey brand Egmont and New Zealand Health Manufacturing companies.
Nestle Health Science will acquire the company from China-based private equity investor CDH Investments and the company’s founding shareholders.
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