After six years of economic turbulence, the FMCG sector is getting used to operating in challenging trading conditions, believes SymphonyIRI consultant Rod Street. Reflecting on the just-food confidence survey, Street says companies are adjusting to...
Bringing together the opinion of food industry professionals from across the world, the annual just-food Confidence Survey acts as a barometer of the industry's mood. As we moved into 2013, one of the messages that came through loud and clear is that FMCG companies are now acclimatised to the grim global economic outlook - and have adjusted their strategies to try to continue to grow.
just-food's Confidence Survey asked for your views on the emerging markets and, in particular, which of the BRIC economies you expected to offer the greatest opportunity in 2013. While the BRICs continued to offer opportunity for most multi-nationals, other markets such as Indonesia and Vietnam are emerging as focus markets for the future.
just-food's industry confidence survey for 2013 indicated an increased appetite for M&A this year after what some saw, globally, as a lacklustre year in the sector for deals. What lies ahead in the mergers and acquisitions arena over the next few months?