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GlobalData forecasts China's meat substitutes market to expand at CAGR of 7.7% to reach US$567.5M in 2026, driven by COVID-19 induced health awareness, favorable public policy as government targets 50% reduction in per capita meat consumption by 2030

GlobalData: Cost of living crisis, trade wars among factors deglobalizing sustainability agenda, and long-term approaches now more focused on specific trading blocs/alliances; ironically, 'friend-shoring' supply chains could lessen environmental impact

Asia-Pacific's food industry sees 32.3% year-over-year decline in deal activity in October, led by Minerva Foods Asia's US$251.3M acquisition of Australian Lamb, according to GlobalData's deal database

GlobalData: China set to register highest PET capacity additions in Asia between 2022-2026, contributing 51% of region’s capacity additions by 2026, as growing packaging, electricals and electronics sectors will create increased demand for PET in China

GlobalData: Mining sector faces challenges as legacy technologies fail to keep up with growing demand for advanced mining activities to increase outputs and profits; AI helps forecast commodity prices and improves mine safety, efficiency, sustainability

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