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Market News

For Americans around the world, the Fourth of July marks the birth of U.S. independence, and till today, it remains an important national holiday and a symbol of patriotism. Falling in mid-summer, the day has become a major celebration accompanied by outdoor leisure activities, family get-togethers, fireworks, parades and...

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Owing to increased egg consumption, the global egg market is expected to grow to USD 227.39 billion in 2021, from USD 213.13 billion last year. According to a study by ReportLinker, Asia Pacific was the largest region in the sector, accounting for 64% of the market in 2020, followed...

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Dragon Boat Festival, also known as Duanwu Jie, is celebrated on the fifth month of the lunar calendar every year. The festival commemorates the tragic death of Qu Yuan, a poet and court advisor during Ancient China’s Warring states period. As legends go, Qu Yuan drowned himself in the...

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Can you have fried food without feeling guilty? Well, this is what air fryers promise – delicious food with less fat. Despite being around for a decade, the trendy kitchen gadget has generated quite a buzz in recent months.  Heating up kitchens across the world, this kitchen tool promises...

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Given the pandemic’s devastating impact on the region’s HoReCa scene, the Asia’s 50 Best Restaurants list published by William Reed Business Media is playing a big role to bolster recovery and provide diners with local insights and culinary recommendations. The launch of the ninth edition shines a long overdue...

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Now more than ever, shifting consumer preferences are pushing food and beverage manufacturers and processors to constantly revamp their products. In search of new taste experiences, food processors are investing hundreds and billions of dollars in big data analytics and artificial intelligence (AI) to accelerate product development. A new...

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As we continue to shelter at home, there is something to be said about finding comfort in hobbies, and many are finding cooking to be an enjoyable one.  It’s no wonder that virtual cooking classes are taking over the internet, offering personal or team-building options to experiment, and in...

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USAPEEC launched a U.S. Powdered Egg Campaign on January 26-27 for culinary students and home bakers. Held at SHATEC and the Baker’s Brew, the two-day event comprising three culinary demonstrations featured  Chinese New Year delicacies like Pineapple Tarts (Nian Gao) and Spicy Dried Shrimp cakes (Hae Bee Hiam). At...

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The National Soyfoods Month in April encourages everyone to include soy as part of their cooking all month long. Soyfoods provide the only plant-based complete protein, which contains all essential amino acids just like animal protein. Unlike many other protein sources, soyfoods are cholesterol-free and low in saturated fat,...

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The Muslim festival of Eid, also known as Hari Raya Aidilfitri or Hari Raya Puasa, falls on the 10th month of the Islamic calendar. It celebrates the end of Ramadan (a month of fasting), where Muslims abstain from eating, drinking, smoking and partaking in other forms of indulgent behavior,...

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