Posts Tagged ‘Asia-Pacific’

Up and Coming Packaged Food Trends in Asia



Sugar taxes, and innovation in dairy products and convenience foods were some of the pivotal trends impacting the packaged food industry in Asia-Pacific in 2016. Euromonitor International identifies these key trends and how they will be shaping the Asia-Pacific packaged food market for snacks, dairy, and cooking ingredients and meals.

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Be the first to comment - What do you think?  Posted by admin - September 18, 2018 at 8:37 pm

Categories: Asian best food   Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

SciFi in Ag: Chatbot With Your Plants?

Precision farming is about managing variations in the field accurately, to grow more food using fewer resources and by reducing production costs. It can make a difference in food production, facing the challenge of a growing world population, and can help farmers achieve: greater sustainability, environmental protection, higher productivity, and economic benefits.

What is happening in the industry?

Highest adoption rates of precision farming are seen in the United States, Germany, Australia, and Brazil, while Asia-Pacific is expected to show record high rates of adoption in the forecast period. With the Governments of various countries providing subsidies to farmers for the use in their cultivation, the adoption rates are expected to increase in the other regions as well. Various technologies dominating the market are GNSS / GPS Systems, GIS, Remote Sensing and VRT, where VRT is the fastest growing segment with a robust CAGR of 16% during the forecast period.

AGCO Corporation acquired Cimbria, a Dutch equipment supplier of grain, seed, and powders. The acquisition of Cimbria will help expand and strengthen their business geographically in Denmark. The company also offers mobile tools that offer access to large data and information related to crop, which further improvements farming. John Deere acquired Monsanto's Precision Planting. This acquisition will help the company maximizeize digital agriculture and helps in seamless collection of infield agronomics data.

Precision Farming – Market Dynamics

Less availability of productive land, constant change in climatic conditions, and the strict regulatory framework have led to increasing demand for a more effective and efficient agricultural sector. With the advent and implementation of modern technologies, management of the agricultural land becomes more competent. For example, automation technology, sensors, geo-mapping, and big data analysis tools help evaluate climate and soil data, which increases the overall efficiency of agriculture.

Innovation and technology have led to major developments in various sectors, and agriculture is one of them. Sensing technologies, software applications, communication systems, data analytics solutions, and positioning technologies are some of the latest technologies used. Various technologies, like driverless machinery and drone crop dusters, provide vital opportunities for the growth.

In 2016, North America dominated the precision farming market with a share of about 50%. The United States and Canada dominate the market share in this region. Large-scale farmlands, ever-existing need to increase yield, and high labor costs will drive the market in the region. The farmers are highly skilled and willing to embrace new technologies. However, most of the agriculture farms and farmers are very heavy on exports to sustain revenues and prices, which may change the market dynamics in the near future. Asia-Pacific has been identified as a region that is yet to reach its maximum potential in this domain.

Will global precision farming show an unprecedented upward growth trend till 2022?

According to a report by a market intelligence firm, the global precision farming market is estimated to reach a value of USD 5.98 billion by 2022, recording a CAGR of 12.97% during 2017-22. In the past 10 years, precision farming has moved from good science to good practice and has witnessed unpretented growth around the globe. 70 to 80% of the new farm equipment sold today, incorporates some form of precision farming component. Asia-Pacific is expected to be the fastest growing market with a CAGR of about 21% during 2017-2022. The major factor stimulating market growth in Asia-Pacific is augmented yield and profitability, which is pushing farmers towards crop monitoring technology. Australia holds the major share of the market in this region.

Competition Analysis

This market report includes competitive vendor landscaping of 17 companies involved in the precision farming industry, including big players, like AGCO Corporation, Ag Leader Technology, Monsanto, Deere & Company, and Lindsay. The market of is fairly fragmented with the presence of several local and regional players. The market of precision farming is still an emerging market, however, brand loyalty in certain segments is reportedly good. Farm machinery and service support are the two major segments that have brand loyalty.



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Be the first to comment - What do you think?  Posted by admin - April 15, 2018 at 8:34 am

Categories: Asian best food   Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Weber Shandwick’s Asia Pacific Food Forward Trends Report II: short



Weber Shandwick’s Asia Pacific Food Forward Trends Report II reveals the biggest food trends across four countries in the region – Australia, China, Korea and Singapore.

The report, built from consumer and food industry expert insights, examines the changing role of the home chef, the effect of social media, online shopping uptake, and the variance in value of celebrity endorsements, amongst other developments in food across the Asia Pacific region.

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Be the first to comment - What do you think?  Posted by admin - April 13, 2018 at 8:56 am

Categories: Asian best food   Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

How to be a Chinese Tourist – 101 East

How to be a Chinese Tourist – 101 East



From location fire to curtains within an aeroplane cabin and hurling scalding noodles over a flight attendant to urinating in public places, Chinese holidaymakers have attained a bad track record.
1 in 10 travellers entire world-wide is from China.
Outdoors of Asia, their place of decision is France.
Inspite of complaints from locals, officers in Paris want to double the number of Chinese guests to 5 million a year.
101 East asks what it will choose to turn the plane loads of first-time travellers from China into properly behaved sightseers.

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46 comments - What do you think?  Posted by admin - November 17, 2017 at 6:01 pm

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