JULYASIA BUSINESS OUTLOOK4 Vol 01 · Issue 2 - 1 · July, 2023 Alok ChaturvediPublisherManaging EditorSudhakar SinghAssociate EditorIndranil ChakrabortyAssistant EditorHima P MEditorial TeamP Tejaswini Roshan Akthar Nalini BramhanapalliManager - DesignPrabhu Dutta A.R.N RayEditorial queries editor@asiabusinessoutlook.comSales Team Vinson Raj Vandana M Kommareddy Lahari S Shajilal Akshay Pratap Singh Shubham GroverTo subscribeVisit www.asiabusinessoutlook.com/subscribe/ or send emailto subscription@asiabusinessoutlook.comMagazine Price is $50 per issuePublisher Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of Biz Print Media Pvt. Ltd. and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2023 Biz Print Media Pvt. Ltd. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Senior Designer Rajesh R BVisualizer Varun B Aruna Kumari K GM Sales & Marketing Nagendra Kumar KCirculation Manager P MagendranNurturing Nature'sBounty Plant-based food market in Asia is experiencing rapid growth, driven by changing dietary preferences, environmental concerns, and ethical considerations. Consumers are increasingly adopting plant-based diets or incorporating more plant-based options into their meals, leading to a surge in demand for plant-based food products. Asia's diverse cuisines and culinary traditions provide a rich foundation for the development of plant-based alternatives. Traditional Asian ingredients such as soybeans, rice, lentils, chickpeas, and various vegetables are being utilized to create a wide array of plant-based meat substitutes, dairy alternatives, snacks, and beverages. Several factors contribute to the growth of the plant-based food market in Asia. Rising awareness about the environmental impact of animal agriculture and the associated health benefits of plant-based diets are major driving forces. Additionally, the increasing availability of plant-based food products, both in retail outlets and foodservice establishments, has made it more convenient for consumers to embrace plant-based options. The region is known for its rich coconut resources and expertise in coconut processing. Increasing health consciousness and the preference for natural, organic, and plant-based alternatives have boosted the popularity of coconut-based products. Consumers appreciate the health benefits associated with coconut products, such as their high content of healthy fats, vitamins, minerals, and antioxidants. Additionally, the versatile nature of coconuts allows for the development of innovative and value-added products, catering to evolving consumer preferences. The abundance of coconut resources and diverse culinary traditions in the region provide a strong foundation for the expansion of these markets, offering a wide range of nutritious and sustainable options to consumers both within Asia and globally. Keeping abreast of the latest developments in these markets, Asia Business Outlook has shortlisted the top companies that have proved their excellence in these fields through their innovative approach. In a bid to fulfill the customer expectations and contribute to the market's evolution with their result-oriented persistence, these companies are raising the bar for efficacy in these domains. Do send your feedback and suggestions.Sudhakar SinghManaging Editoreditor@asiabusinessoutlook.com
< Page 3 | Page 5 >