3 December 2020
2021: The New Shape of the Food Industry
Spire’s Live Webinar, on Thursday 10 December @12pm SST, will reveal consumer preferences and new food trends in Southeast Asia. We will also share business strategy tools to help businesses tackle and outlast Covid-19.
The revenue of the food and beverage (F&B) industry in Southeast Asia is expected to grow at 13% a year, hitting over USD 8.4 billion by 2025, and reaching user penetration of 20%. In Indonesia alone, its F&B industry contributes 41% to its creative economy and is expected to grow 15% annually by 2024.
The ongoing pandemic has altered consumer behaviour, in the way they eat, shop and interact. At the webinar, Spire will discuss its findings on upcoming food trends in Southeast Asia. The findings will help businesses understand the new developments in the market, and plan their market strategies for 2021.
For media enquiries, please contact:
Manager, Group Corporate Communications
Spire Research and Consulting
Phone: (65) 6838 5355