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Thursday / November 21. 2024
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The resurgence of international travel has played a significant role in opening up new markets for durian

Agroforestry Group announced a remarkable surge in business across North America, Europe, and Africa. This growth is propelled by the resurgence of international travel, mounting consumer interest, and businesses seeking innovative selling propositions.

Prior to the COVID-19 pandemic, the demand for durian primarily originated from the Asia-Pacific region. Domestically, Malaysia led the way, followed by Singapore, Hong Kong, and China. While these countries remain crucial markets for the company, Agroforestry Group has witnessed a surge of inquiries from new markets, indicating a significant expansion in interest.

Paul Martin, Managing Director of Agroforestry Group, stated, “The surge in enquiries from new markets, particularly North America, Europe and Africa, has been staggering. The unexpected volume of interest from these regions was almost non-existent before the pandemic.”

The resurgence of international travel has played a significant role in opening up new markets for durian. Tourists visiting Asia inevitably encounter durian in various forms, as durian products are widely available throughout the region, both in Malaysia and other countries. Notably, The United Nations World Tourism Agency (UNWTO) reports a remarkable 200 per cent year-on-year surge in international tourism, with travel figures reaching 80 per cent of pre-pandemic levels in Q1 2023.

The post-pandemic shift in consumer and business sentiment in new markets has emerged as a significant driving force. Consumers have become more curious and adventurous, eager to explore diverse products and experiences. In response, businesses are strategically catering to this evolving consumer landscape, offering unique and innovative products. As a result, durian has been gaining traction internationally, with F&B companies introducing it in North America, Europe, and even Africa.

The resurgence of international travel has played

The collaboration is being driven by the renowned scientific advisor Dr Baharuddin Salleh and includes Aquilaria inoculation and post-inoculation product development

Agroforestry Group has announced the expansion of its Aquilaria programme through its collaboration with a Malaysian research and development company. The collaboration is being driven by the renowned scientific advisor Dr Baharuddin Salleh and includes Aquilaria inoculation and post-inoculation product development. In terms of inoculation, it is aimed at specifically improving the success, speed and yield of agarwood within inoculated trees. Each stage in the inoculation process requires a different mixture of compounds with Agroforestry Group investing heavily in finding an optimal balance of performance enhancement and cost minimisation. 

Paul Martin, Managing Director of Agroforestry Group, stated, “We are delighted to have further strengthened our research and development programme with this collaboration of ours. This marks a significant milestone for us as we approach the final stages of our inoculation research programme for Aquilaria trees that were planted in 2018 and 2019. The expansion of our programme is crucial as it allows us to safeguard our ongoing research and development efforts while also extending our focus to post-inoculation product development. This includes the creation of tea, fragrances, and various other Aquilaria-based products.”

Martin further emphasized the immense value of the partnership, by highlighting the decades of experience that renowned Aquilaria expert, Dr. Baharuddin Salleh provides to the company. Dr Baharuddin Salleh, a distinguished researcher and author, formerly served as a Professor of Plant Pathology & Mycology at the University Sains Malaysia (USM) and boasts an impressive portfolio of over 100 published works. His expertise and contributions will be instrumental in the progress of Agroforestry Group’s initiatives in the field of Aquilaria research and development.

The collaboration is being driven by the