BRICs and beyond
Coverage and analysis of the world's fastest-growing emerging markets
Britannia Industries last week claimed to be the first biscuit company in India to launch an online-exclusive product before it hit retail stores. With India's e-commerce market predicted to be worth US$70bn by 2020, none can fault Britannia for testing the online waters. It's also a great PR move. But there are some dangers the food industry might want to consider before it jumps online. Hannah Abdulla explores.
State-backed Chinese food giant Bright Food Co. continued to make progress with its "go global, bring in" ambition when it acquired a majority stake in Italian olive oil manufacturer Salov Group last week. The move is typical of Bright's international strategy as the group continues to further its agenda to grow globally and bring overseas brands to Chinese consumers. Katy Askew reports.
Alibaba Group's massive IPO has underlined that the e-commerce trade in China is booming. Significantly for packaged food manufacturers, online retailers offer a way to circumvent some of the challenges of distribution in this massive market, enabling them to reach out directly to China's population base. However, the soaring popularity of such enterprises also means competition is intense. Food makers must battle to stand out in the crowded online marketplace. Katy Askew reports.
The proposed sale of BRF's Brazilian dairies unit to Lactalis-owned Parmalat looks set to be a win-win for both companies. BRF is focusing on improving the performance of its core meat operations and the group would leave the transaction better positioned to step up its expansion into international protein markets. Meanwhile, Lactalis will strengthen its hand in the promising Brazilian dairy sector, leaving the company well-placed as a global dairy powerhouse. Katy Askew reports.
New Zealand dairy giant Fonterra and Chinese baby food maker Beingmate are to form a joint venture to try to capitalise on the exponential growth of the Chinese infant formula sector. With each partner bringing something very different to the table, Katy Askew suggests the new entity is well-placed to leverage the strengths of both.
Mexico is a country battling diet-related health problems. The nation's diabetes right is the highest among the members of the OECD. Last year, legislation was passed for a tax on high-calorie foods. Now, food manufacturers operating in Mexico have had restrictions placed on their advertising. Paula Krizanovic reports.
A new president and a revised investor law for Egypt appears to be restoring business confidence. Last month three food and beverage giants announced plans to invest in expanding operations in the country. But with a growing population and high levels of unemployment, plus a cut in fuel subsidies that could put pressure on the average citizen's pocket, is now really the right time to be eyeing Egypt? Hannah Abdulla explores.
Carrefour's move to exit India underlines the ongoing challenges international retailers and food manufacturers face in the market where restrictions on foreign direct investment and a lack of infrastructure are curbing the development of modern retail. Katy Askew reports.
China's biscuit market has seen rapid growth in recent years. However, as the category matures the pace of expansion is slowing. With category leader Mondelez International struggling, is there still room for growth in the sector? Katy Askew reports.
Gluten-free is currently a bright spot of strong growth in the largely stagnant developed markets of the US and western Europe. However, as the category matures it is becoming an increasingly crowded space. As such, many forward-looking gluten-free specialists have an eye on fresh markets that will offer the next phase of growth for the sector. Russia is one such market. Katy Askew reports.
Brazil with its vast population and a growing middle class with increasing health concerns, has huge opportunities in the gluten-free sector. But legislation requiring each and every food and drink product in the nation to be labelled gluten-free or not gluten-free has posed significant difficulties for specialist gluten-free firms looking to break into the country and make their ranges stand-out. Is there a future for gluten-free specialists in Brazil? Hannah Abdulla explores.
Japanese food manufacturers are targeting countries in south-east Asia as key export markets. As they extend their presence in the region, Japan's food exporters hope to benefit from the perceived sophisticated, fashionable and healthy image of Japanese food products. Julian Ryall reports.
Food manufacturers based in Venezuela have long struggled to supply the country's oil-fuelled economy amidst strict government controls and shortages of many key industry inputs. And recent changes to the country's currency regime could - say analysts and business leaders - intensify existing problems in the industry. Andrew Rosati reports.
Getting products on shelves is a significant challenge for food manufacturers and retailers in India, where an under-developed supply chain hampers such efforts. International food groups and logistics companies are working to overcome the lack of infrastructure and, for companies who can offer solutions, a significant commercial opportunity exists. Raghavendra Verma reports.
Chewing gum manufacturers have seen sales come under pressure in developed markets in North America and Europe but other parts of the world are providing growth - and China is one such market. Dean Best reports.
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