just-food's research round-up: prepared meals and snacking
This week's selection of research reports include a look at the evolving demand impacting the prepared foods category and new trends in the growing snack sector.
After years of consistency in the central trends driving growth in foodservice, 2013 saw some changes. According to this report, consumer preferences changed in many key markets, with the global growth story shifting to new areas of focus, categories evolving in new directions, and operators being forced to take a new look at their positioning and expansion plans, and adapt accordingly.
The analysts in this report forecast the Global Food and Beverage Metal Can market will grow at a CAGR of 3.01 percent and 3.22 percent with respect to revenue and volume, respectively, over the period 2013-2018. The report has been prepared based on an in-depth market analysis with inputs from industry experts. It covers Europe, North America, the APAC region, and the ROW; it also covers the market landscape and its growth prospects in the coming years.
The evolution of consumption habits across the world means both retailers and manufacturers need a renewed understanding of consumer's changing lifestyles, and how this will affect their product choices. To do this, the report highlights innovative new product development for effectively targeting consumers' most important needs and offers strategic recommendations to capitalize on the evolving motivations driving consumption.
The increase of fragmented meal times and the need for on-the-go products in both developed and emerging economies are directly influencing consumer product choices, fundamentally changing the way that people snack. The change in consumer lifestyles including skipping meals and increased snacking on-the-go means that retailers and manufacturers need to keep up to date with salient issues that are affecting consumers' eating habits. This report highlights the most important trends and untapped opportunities in snacking markets.
Local Company Profiles are a concise set of briefings detailing the strategic direction taken by a company. This one looks at how Kerry Foods will continue to extend its presence by expanding its own assortment of health and wellness brands, whilst also manufacturing private label brands for leading retailers in Ireland. In terms of its own brands, it will focus on expanding its portfolio to cover emerging and more dynamic categories. According to the briefing, the company will also continue to provide strong marketing support for its leading brands.
Get a detailed picture of the Grocery Retailers market in the UK from this report. Pinpoint growth sectors and identify factors driving change. Understand the competitive environment, the market's major players and leading brands. Use five-year forecasts to assess how the market is predicted to develop.
Amazon Best Sellers Trackers are monthly reports published by ResearchFarm allowing to track the performance of top items (1P and 3P) in various categories and countries on the Amazon websites. This service was launched in October 2013 and represents the only benchmark available for Amazon. Amazon operates the most professional online marketplace in the world. Neither FMCG companies or retailers can ignore Amazon and in future every company will have to adjust their strategies in how to cooperate or compete with them.
The analysts in this report are revising down their real private consumption growth forecast to 2.0%, from 2.3%, accounting for a large part of the downgrade to their headline growth forecast, as they expect that more significant monetary tightening, as well as continued currency weakness will temper household spending this year. Indeed, on the monetary policy front, they have revised their interest rate outlook for 2014 in recent months, and are now expecting that the Banco Central do Brasil (BCB) will hike the Selic target rate to 11.25% in H114 before pausing.
Sectors: Advertising & labelling, Baby food, Bakery, Canned food, Cereal, Chilled foods, Commodities & ingredients, Condiments, dressings & sauces, Confectionery, Dairy, Dried foods, Emerging markets, Financials, Food safety, Fresh produce, Frozen, Health & wellness, Ice cream, Meat & poultry, Mergers & acquisitions, Multichannel, Natural & organic, NPD & innovation, Private label, Retail, Seafood, Snacks, Sustainability & the environment, World foods
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