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Dear Industry Expert ,
Illicit trade is not only causing problems for legitimate business, it is endangering the lives of consumers who fall prey to counterfeit foods and beverages, especially in Southeast Asia. The past year witnessed a spike in the proliferation of fake products as illegal sellers took advantage of lockdowns, liquor bans, and e-commerce. Our report highlights solutions coming from the EU-ASEAN Business Council and Pernod Ricard Asia in curbing the growth of illicit trade.
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Curbing the rise in illicit trade: Challenges and recommendations
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Illicit trade is draining USD2.2 trillion from the global economy, with sales of counterfeit products, excluding medicines, in Southeast Asia generating USD35.9 billion in revenues each year. This special report surveys the extent of illicit trade, particularly of alcoholic beverages, and the industry’s recommendations in stopping its threat to life and legitimate business.
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Vegan fish flavour for plant-based foods
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Maxavor® Fish YE is a new vegan, 100% allergen-free flavour solution. Derived from algal oil, this innovation from Royal DSM allows food manufacturers to deliver an authentic fish taste and mouthfeel in a variety of plant-based fish alternative applications, in addition to fish-based products.
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Manual IBC cone valve for discharging powders
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Matcon’s Manual Cone Valve (MCV) is designed specifically to help customers in the Food, Beverage and Chemical sectors overcome the problems of mix segregation that are commonly associated with butterfly valve IBCs.
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SCIEX: Food fraud guide
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Tests for ingredients, raw materials and final products can help prevent companies from falling victims to food fraud. SCIEX offers solutions for analysing products using mass spectrometry
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