Due to loss of employment or having their pay reduced, many people turned to the food industry as a means of supplementing their income. COVID-19 has seen a significant number of consumers land in financial difficulty, as Mintel research highlights that, seven in 10 Indonesian consumers* are worried about the financial impact of COVID-19 on themselves/their family, whereas one in five Thai consumers say their financial situation is tight and they are on just making ends meet.
CORPORATES CAN GENERATE POSITIVE VIBES BY ENGAGING IN CORPORATE SOCIAL RESPONSIBILITY (CSR) PROGRAMS TO TACKLE UNEMPLOYMENT. BY DOING SO, THEY CAN POTENTIALLY ATTRACT CONSUMERS WHO WANT TO BE ASSOCIATED WITH COMPANIES/BRANDS.
The financial downturn has forced many people to leverage their skills or acquire new ones to generate additional revenue streams to get them through the difficult times. According to reports, Indonesia’s leading food delivery platform GoFood recorded a 50% rise in the number of partners joining the platform in 2020 compared to 2019. Many of the new merchants are small, micro, and medium enterprises. In Thailand, the number of mobile food operators, including stalls and food trucks, doubled in thefirst10 months of 2020.
Opportunities exist for packaged food brands to harness the entrepreneurial spirits of Southeast Asians to expand their product reach, while still supporting employment.
EXPLORING NEW ROUTES TO MARKET
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Denne historien er fra April 2021-utgaven av Food Marketing & Technology - India.
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Avocados: Health Benefits And Sustainable Cultivation
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UFlex to Showcase Innovative and Sustainable Printing and Packaging solutions at DRUPA 2024
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Implementing the Technological Intelligence in Agricultural Produce
It is estimated that by 2050 the I world's population will be around 10 billion. From employment generation to contribution to National Income, agriculture is important to all of us as agricultural produce is the core on which we survive. It contributes a significant portion to the economic prosperity of the developed nations and plays an active part in the economy of the developing countries as well.
Cocoa Crises: A Sweet Industry's Bitter Challenge
As a pastry chef and entrepreneur running a small-scale baking business, I have always believed in the magic of cocoa. From the velvety richness of couverture chocolate to the deep, earthy notes of cocoa powder to the creamy allure of cocoa butter, these ingredients are the essence of our creations.
Ethylene Oxide (ETO) Detection in Ready-Made Spice Mixes: Ensuring Food Safety
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