THE INTELLIGENCE


Record macadamia season


As the 2021 Australian macadamia season closes, the industry is optimistic it will deliver close to 54,000 tonnes of nut-in-shell. Australia is the world’s major producer of macadamia kernel and macadamias, with 75% of the crop exported to over 40 countries. It has been a record year for the world’s largest macadamia company, Marquis Group, which operates out of South Africa and Australia. It


recorded a 20% increase in nut-in-shell received from growers and kernel sales. While Marquis exports to 45 countries, it attributes its sales growth to Korea, where sales doubled in the past year. An increase in Australia’s macadamias can be attributed to more growers planting orchards in New South Wales and Queensland to address growing global demand. The strong demand saw a 75-80% increase in Australian macadamia exports, but Australia’s share of global market is slipping. China, Vietnam, and some countries in South America are all planting with a combined growth faster than Australia’s. In the meantime, Australia continues to build on exporting to newer markets such as Korea and Taiwan, as well as exploring markets in India.


Lactose-free dairy


With about two-thirds of Asians having difficulty absorbing lactose, consumers are looking for dairy products that meet their health needs. According to a study by Mintel, 53% of Chinese consumers say lactose in milk could trigger allergy symptoms such as bloating and diarrhea. Just over a third of Indian consumers say health concerns pushed them to cut cow’s milk consumption, while 34% of Thai consumers say dairy milk upsets their stomach. The past two years have seen major cow’s milk producers focus on lactose-free milk. There is now a drive to increase awareness on the health-benefits of lactose-free milk. Companies such as Liddell’s Saputo brands highlight the fact that it’s “Easy to Digest” on its packaging. It has also developed milk, cheese, and cream for the lactose-intolerant to enjoy without developing an upset stomach. Consumers have also become more interested in gut health. Brands need to consider fortifying lactose-free dairy with fibre to address gut health and compete with non-dairy milk.


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ASIA PAC


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