Blog: What are the new emerging food markets?
Michelle Russell | 1 November 2012
Barry Callebaut's plans to build a chocolate plant in Turkey highlights the attractiveness of the market to FMCG companies - and the country is one of ten to be highlighted in a new just-food on the new emerging markets to target.
The confectioner's plans to open a facility in Turkey highlights the attractiveness of the market - and it is a market featured in just-food's latest research report: The new emerging food markets, 2013 and beyond.
The report reveals ten emerging markets aside from the BRICs that food manufacturers and retailers should focus on to tap into new sources of growth.
The report reveals ten emerging markets aside from the BRICs that food manufacturers and retailers should focus on to tap into new sources of growth. These include the newly industrialised and dynamic ‘CIVETS’ in Asia, Latin America, the Middle East and Africa, which could emerge as competitive food markets.
Alongside those markets, however, the report also profiles the food producing and retail sectors of Croatia, Poland, Mexico and Nigeria, which also represent potential emerging markets.
It also offers vital food market statistics: each country's current market condition is analysed, and the trends, challenges and opportunities are explored individually.
Each profile is summarised by a round-up of the strengths, weaknesses, opportunities and threats likely to affect further growth.
General Mills is reportedly preparing long-time executive Jeff Harmening to succeed Ken Powell as CEO....
After starting the week with a surprise stock exchange announcement that hit its shares and called into questions its accounting practices, Hain Celestial could be set to receive a boost in the UK....
An indication of how tough trading conditions are in much of Europe emerged today (17 August) with figures from Nielsen suggesting in the second quarter of the year the region's FMCG sector had grown ...
- Nestle on China, candy, nutrition - analysis
- Why Jet.com purchase could boost Wal-Mart online
- Interview, part 1: Emmi CEO Urs Riedener
- Murray Goulburn's FY results - 7 things to learn
- What lies ahead for Tyrrells and Amplify?
- Mondelez buys rest of Vietnam snacks business
- Australia launches dairy sector probe
- Smucker cuts forecast as sales decline
- Tyson faces investor scrutiny on ethical issues
- Mengniu grows sales but net profit slips