Asia’s bar scene is rapidly reinventing itself as Gen Z turn away from alcohol, prompting drink giants to pour investment into zero-proof cocktails, premium teas and wellness-focused nightlife experiences.
Gold demand in India surged during the festive season, supporting prices, while China’s market remained subdued in post-holiday trade, reflecting cautious investor sentiment, Reuters reports.
The cold storage market is projected to grow by 25% by 2030, driven by rising demand in Asia’s food sector, according to Asia Food Journal. Enhanced supply chains and food safety concerns are key growth factors.
Bain & Company projects a robust growth outlook for the Asia-Pacific region, driven by strong consumer demand, digital innovation, and expanding trade partnerships. The report highlights resilience amid global uncertainties.
Big lifestyle brands are rapidly expanding in Asia, leveraging regional trends and partnerships to capture the growing market. Their dynamic strategies focus on blending local culture with global appeal to attract diverse consumers.