This report is the result of an
extensive survey drawn from Canadean’s exclusive panel of leading food and
beverage industry executives. It analyzes how demand and growth expectations
are set to change in the food and beverage industry in 2012–13. The report also
provides access to information categorized by company type, company turnover,
buyer, supplier and region.
Weak economic growth in developed nations forced key food and beverage
companies to expand their operations in developing regions especially, the
Asia-Pacific, Brazil, and the Middle Eastern regions. As a result, food and
beverage companies are viewing emerging economies not only as production
locations, but as chief customer bases for future growth. Respondents were
asked, ‘Which emerging markets do you expect to offer your industry the
majority growth over the next 12 months?’ Responses have been categorized by
different stakeholder categories to identify the specific growth regions for
each.
Global food manufacturer respondents consider China and India to offer
the largest growth potential among emerging markets over the next 12 months.
Furthermore, the Middle East and Brazil are identified as the other emerging
markets with the most potential for growth in 2012.
Global F&B Industry: Top Five Emerging
Markets, 2012
China represents the largest consumers of food products, mainly
consisting of pork, corn, beef, and ready to eat food. A significant increase
in household income, possibility of reduction in food prices due to ease of
agri commodity prices, and changes in consumer attitude towards processed and
healthy foods are factors that are expected to spur food consumption in China.
Identifying these opportunities, many companies have expressed plans to expand
their food processing and manufacturing capabilities in the country. For
example, in February 2012, China's chief food company Uni-President Enterprises
announced that it plans to invest US$100 million to build a factory in Jiangsu
province in China. The new 40,000ft² factory will be built in two phases to
increase production of pudding based products and instant noodles.
Reasons to
buy
• Helps you to drive revenues by
understanding market growth.
• Allows you to uncover the business outlook, demand in emerging markets and growth expectations in developed countries identified by suppliers and buyers.
• Access the opinions and forward
looking statements of 210 industry executives, of which 29% represent Director
and C-level respondents.
• The geographical scope of the research is global – drawing on the activity and expectations of leading industry players across the Americas, Europe, Asia-Pacific, Africa and Middle East.
• This report covers data and analysis on demand in emerging markets and growth expectations in developed countries.
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