Strategy Briefing

Packaged Food: Quarterly Statement Q3 2016

26 pages, Sep 2016

US$1,325

Add to cart Pay by invoice

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

About This Report

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

The latest quarterly update signifies the continuation of a bleak period for packaged food, with demand weakening both in Western markets and, increasingly, the BRIC countries of Brazil, Russia, India and China. Consequently, manufacturers are looking for markets where they can achieve value growth rather than volume, resulting in a spate of acquisition attempts for companies with a strong presence in the US. This briefing offers insights as to the state of play in the global food market.

Files are delivered directly into your account within a few minutes of purchase.

Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

Brazilian snacks market hit hardest by downward revisions

Brazil, once a beacon of hope for so many in the food industry, continues to experience economic downturn. The country has seen yet another downgrade in its snacks forecast revisions, down by over 46,000 tonnes compared to the second quarter.

Brexit could favour cheaper confectionery, reacting against premium trend

Brexit is unlikely to have a dramatic effect on confectionery sales, with the quarterly update showing a 2%, or 12,000 tonnes, reduction in volume sales by 2020. Per capita consumption is likely to continue to decline, and this would be particularly accentuated by a “disorderly” Brexit. Given that value sales would see a larger decrease in this event, it seems that disorderly Brexit may see consumers move to lower-priced confectionery, reversing the current popularity of premium chocolate.

BRIC decline could be the most worrying story for global food manufacturers

This statement highlights the noticeable decline in Brazil, Russia and China which remains ongoing. These markets were once seen as the great hopes of the food industry, however Russia is seeing a significant impact across food categories, including baby food, and continues to be revised downwards while Brazil has seen the largest downward revisions of any country. China is anticipated to return to growth, but this year highlights the fragility of global growth.

US expansion at the forefront of many manufacturers’ minds

With this in mind, many companies have sought to boost their presence in the US; Mondelez and Danone are two of the latest companies looking to acquire in the market. Despite its low growth, the sheer size of the US packaged food market makes it attractive in these times of permanently low growth around the world.

Want to find out more about this report?

Request more information

Key findings

Executive summary

GDP forecasts: Revisions over last quarter

Forecast Update

Brazil sees the biggest downgrade in snacks in Q3 2016

Brexit could be millstone around confectionery’s neck

China downgrade: Permanent feature or temporary fixture?

Philippines: One to watch out for in savoury snacks

Market environment impacts salty snacks disproportionately

Upgrade in standard milk formula boosts baby food forecasts

China and Indonesia: Upgrades in some milk formula categories

Mineral-rich emerging markets hit by downgrades in baby food

Slowing dairy forecast in Q3 2016 as major MEA markets drop

Declining share of Baby Boomers in Egypt negatively impacts sales

Egypt’s population at a glance with future demographic model

Savoury biscuits has most unmet market potential

Industrial Developments

Ferrero’s bid for Delacre highlights its premium biscuits dreams

Danone’s push towards health with WhiteWave Foods acquisition

The rise and fall of the Hershey- Mondelez merger

Conclusion: Where can food manufacturers find growth?

About Our Industry Forecast Models

About Euromonitor International’s Industry Forecast Model

Soft drivers and the Industry Forecast Model

Key applications for Industry Forecast Models

Why buy this report?

Want to find out more about this report?

Request more information

Megatrends

Strategy Briefing

Packaged Food: Quarterly Statement Q3 2016

New Report Guarantee

About This Report

New Report Guarantee

Overview

Why buy this report?

Brazilian snacks market hit hardest by downward revisions

Brexit could favour cheaper confectionery, reacting against premium trend

BRIC decline could be the most worrying story for global food manufacturers

US expansion at the forefront of many manufacturers’ minds

Want to find out more about this report?

Table of Contents

Key findings

Executive summary

GDP forecasts: Revisions over last quarter

Forecast Update

Brazil sees the biggest downgrade in snacks in Q3 2016

Brexit could be millstone around confectionery’s neck

China downgrade: Permanent feature or temporary fixture?

Philippines: One to watch out for in savoury snacks

Market environment impacts salty snacks disproportionately

Upgrade in standard milk formula boosts baby food forecasts

China and Indonesia: Upgrades in some milk formula categories

Mineral-rich emerging markets hit by downgrades in baby food

Slowing dairy forecast in Q3 2016 as major MEA markets drop

Declining share of Baby Boomers in Egypt negatively impacts sales

Egypt’s population at a glance with future demographic model

Savoury biscuits has most unmet market potential

Industrial Developments

Ferrero’s bid for Delacre highlights its premium biscuits dreams

Danone’s push towards health with WhiteWave Foods acquisition

The rise and fall of the Hershey- Mondelez merger

Conclusion: Where can food manufacturers find growth?

About Our Industry Forecast Models

About Euromonitor International’s Industry Forecast Model

Soft drivers and the Industry Forecast Model

Key applications for Industry Forecast Models

Why buy this report?

Want to find out more about this report?

Recently Viewed

Complete Catalogue

Strategy Reports

Country Reports

Recently Viewed

Complete Catalogue

Strategy Reports

Country Reports