Euromonitor International has pinpointed several promising chocolate markets that may help manufacturers offset slowdowns in traditional emerging markets such as China and Brazil.
Industry Voices - Ewa Hudson, Head of Health and Wellness at Euromonitor International
Latin America, the Middle East and Africa are hot on the heels of the US and Europe in packaged cheese, and growth is set to stir up plenty of future M&A activity, says Euromonitor International.
The value of US beef and pork exports hit record figures in 2014, with double-digit growth on the previous year, according to the US Meat Export Federation (USMEF).
Gluten-free major Genuis is suitably busy with an ambitious international expansion plan as it moves into the United Arab Emirates (UAE), its commercial director says.
Confectionery giant Nestlé has officially opened a (USD) $136m manufacturing facility in Dubai which is set to become the third largest Kit Kat plant worldwide.
Cargill is stepping up its sales capacity in the Middle East with a
new base in Dubai for Texturizing Solutions that will allow it to
collaborate more closely with customers in the region.
Ingredients supplier Wild has this week opened its first beverage
ingredients manufacturing site in the Middle East, building on the
growing demand for soft drinks in the area.
Nestlé, the world's biggest food firm, has taken out adverts in
Saudi Arabia to refute rumours that two of its dairy products are
Danish, as unlucky Arla Foods continues to suffer from 'those
cartoons'.
Ingredients companies including Cargill and Chr Hansen are
expanding facilities and picking up acquisitions in order to meet
growing global demand, writes Anthony Fletcher.
