THURSDAY, March 28, 2024
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Thai Union senior execs share visions on global food trends

Thai Union senior execs share visions on global food trends

Thai Union Group chief executive officer Thiraphong Chansiri and Tunyawat Kasemsuwan, group director for global innovation, shared their visions in regard to global food trends at the “Thailand Food Innovation Forum 2018”, which was held this week.

Thai Union sees five major trends affecting business amid changing market environments, Chansiri said. 
They are: currency fluctuations; emerging disruptive technologies; a global growth-engine slowdown; geopolitical risk; and global free trade at risk.
“Change is certain – however, it also presents opportunities,” he told the forum. “More importantly, we need to build our ability to deal with these uncertainties.”
Tunyawat said consumers were more concerned today about food safety and purity, and manufacturers needed to focus on addressing consumer needs with transparency in ingredients, processes and supply chain.
Moreover, food byproducts are an excellent source of ingredients for nutraceuticals, and possess many components that are excellent for human health, he added.
At the two-day event, Thai Union presented its Yellowfin Tuna Slices to visitors, one of the new innovative products developed by the group’s Global Innovation Incubator. 
Yellowfin Tuna Slices recently won the “2018 Seafood Excellence Award” in the Best New Foodservice Product category at the “Seafood Expo North America”, held in Boston in March, and was a finalist for the “Seafood Excellence Global Awards” at the “Seafood Expo Global”, held in Brussels in April.

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