Kerry Group in Ingredients

May 2021

Competition in the ingredients industry intensifies around the latest consumer-led trends with plant-based, clean label and functional food being at the forefront. In that context, Kerry heavily invests in enhancing its capabilities through either acquisitions or developing its existing facilities to better respond to these trends which have been further accelerated by the coronavirus pandemic.

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Overview:

Euromonitor International's report on Kerry Group Plc delivers a detailed strategic analysis of the company's business, examining its performance in the Ingredients market and the global economy. Company and market share data provide a detailed look at the financial position of Kerry Group Plc, while in-depth qualitative analysis will help you understand the brand strategy and growth prospects of Kerry Group Plc.

This report examines:

  • Company share by region and sector
  • Brand portfolio
  • New product developments
  • Marketing and distribution strategies

A detailed SWPT analysis of Kerry Group Plc provides strategic intelligence on:

  • Strengths and weaknesses
  • Category and country opportunities for growth
  • Challenges and threats from current competition and future prospects
  • Global and regional market positions

Research you can trust:

Euromonitor International's company profile reports are written by our Ingredients research team, a dedicated group of analysts that knows the industry inside and out. Buy this report to inform your planning, strategy, marketing, sales and competitor intelligence functions.

Introduction

Scope
Executive summary

Strategic Evaluation

Company divisions
Taste and Nutrition: financial results
Kerry continues to capitalise on growing demand for functional nutrients
Kerry expands its local offerings in APAC and LATAM via acquisitions
Clean label is on top of Kerry’s agenda

Competitive Positioning

Health-related trends shape competition in ingredients
The competition in plant-based protein intensifies in APAC
Alternatives to soy are gaining traction in developed markets
Competitors expand their “natural” offerings via M&As
Soaring demand for “functional” is on the radar of the key players

Market Assessment

Impact of COVID-19 on Kerry (1)
Impact of COVID-19 on Kerry (2)
Lockdowns boost food sales in retail at the expense of foodservice
Ready meals benefits from convenience
Maturity and health work against confectionery
“Functional” takes centre stage in dairy
Return of on-trade sales crucial for recovery of beverages

Taste and Nutrition

Kerry’s ingredients portfolio
Proteins flourishes in line with increasing health consciousness
Botanicals gain further ground as food as medicine trend grows
Emulsifiers benefit from home cooking while challenged by clean label

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