Wealth of Southeast Asia shifts palate towards Health

Wealth of Southeast Asia shifts palate towards Health

The GDP of Southeast Asia (SEA) has skyrocketed over 30% over the past 10 years, reaching US$ 3.11 trillion in 2020 even amidst the global pandemic.

A Spire study finds that years of sustained economic prosperity has fundamentally altered the palates of SEA consumers, shifting preferences towards health-conscious and locally produced food, even at higher prices. With 69% of SEA consumers preferring products made with fresh, natural and organic ingredients, the region is touted as the “organic market of the future”, eyeing the almost US$130 billion global organic market.

Where are the opportunities for F&B businesses in SEA’s changing appetite?

Join our live webinar on Thursday, 4 March 2021 to find out more about changing consumer patterns and emerging opportunities. Click here to sign up.

For media enquiries, please contact:

Marie Teo
Manager, Group Marketing Communications
Spire Research and Consulting
Phone: (65) 6838 5355
E-mail: marie.teo@spireresearch.com