Asia-Pacific Climate Week 2023
- , Malaysia
The first global stocktake will conclude at COP28 in UAE in December of this year. The stocktake offers a unique opportunity to call for decisive change. It is an opportunity to urgently respond to the need to accelerate progress by collectively embarking on a swift and profound transformation of our economic and social systems.
Business models for reaching lower income consumers with nutritious foods
Lower-income populations in low- and middle-income countries (LMICs) often face challenges accessing affordable, desirable, safe, and nutritious food, contributing to poor diet quality and malnutrition. As the main source of food for the majority of this population, private-sector firms have the potential to play a key role in alleviating this – and if they can do profitably, could help their bottom line in the process.
Reaching Lower-Income Consumers with Nutritious Foods: Cutting Ingredient Costs by using Lower-cost Alternatives
Companies entering the lower-income consumer market often adapt existing products to meet lower-income consumers’ needs—in particular, redesigning the product to improve affordability. One way to do this is to simply replace more expensive ingredients with cheaper alternatives, or omit certain ingredients altogether.