Taiwan

Much like butter and cheese, the volume demand for other dairy products also experienced a decline starting from the second half of 2022. As people grew more comfortable with dining out, the demand for cooking and baking ingredients decreased…

In the first half of 2022, due to the surge in confirmed cases and a high number of people under home quarantine, there was a significant increase in demand for large-sized soy milk products and plant-based milk products that can be stored at room…

Similar to drinking milk products, the demand for yoghurt and drinking yoghurt ceased to grow starting from the second half of 2022, mainly due to the easing impact of the pandemic. As consumers regained confidence in going out and dining outside,…

Consumer demand has been shifting from manufactured goods back towards services. As a result, value sales of experiential luxury increased by 36% to amount to TWD6.3 billion in 2023, boosted by wealthier individuals resuming normal activity, such as…

Value sales of fine wines/champagne and spirits grew by 7% to total TWD20.8 billion in 2023, as a result of a consumer desire to have fun and enjoy experiences after the pandemic. Enjoying a drink with friends remains a priority leisure activity,…