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August 22, 2014

Euromonitor to Speak at Indian Icecream Congress 2014

Untitled-1_1Event Name: Indian Icecream Congress 2014

Location: Bombay Exhibition Centre, Mumbai, India

Website: http://www.indianicecreamcongress.in/
Date: 18th – 19th Sep, 2014

Event Description: Indian Ice Cream Congress-IICE is one of the most significant events in the global ice cream industry, organised by ‘Indian Ice Cream Manufacturers’ Association’-IICMA apex body of ice cream manufacturers in India. This is the only platform where the manufacturers and allied sectors comes together and exchange dialogues, presentation, new technology launches and discussion about latest trends in the global market in packaging, processing, ingredients and innovations. IICE attracts who’s who of the ice cream world from largest ice cream company AMUL to smallest handmade ice cream companies.

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August 15, 2014

Adelanto de nuestra presentación en el Food Technology Summit Argentina

El próximo 28 de octubre, David Mackinson, analistas de investigación en Euromonitor International dará una conferencia en el Food Technology Summit Argentina 2014. En este vídeo te presentamos un adelanto de su presentación que tratará acerca de las oportunidades de crecimiento que tienen las empresas en el actual ambiente de la industria de Alimentos y Bebidas en la región latinoamericana que se encuentra hoy frente a un panorama cada vez más a regulado que intenta controlar la obesidad y enfermedades asociadas a ésta. En su conferencia David abordará casos de éxito en otras regiones que anteriormente se vieron frente a una situación similar.¡No te pierdas nuestra presentación! 

August 9, 2014

White Rice Exacerbates Diabetes Threat in Asia Pacific

Simone_BarokeAnalyst Insight by Simone Baroke - Contributing Analyst

According to an eminent diabetes expert, white rice is one of the root causes of Malaysia’s rocketing obesity figures, which are fuelling the country’s diabetes crisis. The trouble is that healthier alternatives, such as brown rice and low-carb noodles, are not catching on just yet in Malaysia, and nor are they, for that matter, in other Asia Pacific countries. Public health needs do not automatically translate into consumer demand, and a push from the industry will be needed to open up these markets to healthier alternatives and curb the virtually exclusive reign of white rice.

Malaysia is Asia Pacific’s “Fattest” Country

In May 2014, the prestigious British medical journal The Lancet published a new systematic analysis on overweight and obesity involving 188 countries, which identified Malaysia as the most “obese country” in the Asia Pacific region. According to the new data, 48.6% of Malaysian women and 43.8% of men are either overweight or obese. For comparison, in neighbouring Indonesia, the incidence is 30.6% and 21.4%, respectively, whilst it is 39.7% and 32.1% in Thailand. 

Excess body weight is the number one predisposing factor for type 2 diabetes, and Malaysia’s prevalence is high: 11.5% of the population aged 20-79 years has type 2 diabetes, compared to a global average of 8.4%, which roughly coincides with the incidence in Asia Pacific overall. In fact, only Singaporeans have higher diabetes rates than Malaysians in Asia Pacific. Incidentally, the US, which continues to lead global overweight/obesity charts, is slightly behind Malaysia, with a diabetes incidence rate of 11.0%.  

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August 8, 2014

Single-Origin Chocolate: The Future of Premium Chocolate Confectionery Foretold

Pinar HosafciAnalyst Insight by Pinar Hosafci - Food Analyst

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Nestlé might not be the first brand you turn to when you’re on the hunt for fine chocolate – it certainly isn’t for me – but, as the appetite for luxury grows, this may no longer be the case. More and more manufacturers (and retailers) are jumping on the single-origin label, which promises profitability as well as meeting consumer demand for more value-added and responsible products. As the world’s largest packaged food player, Nestlé is predictably en route to taking this request on board. The company recently announced plans for its new chocolate moulding and packing line in Ecuador, which will use the country’s award-winning Arriba cocoa beans to make value-added chocolates for export and domestic consumption. A bold venture, one may argue, given that the company does not have any premium brands to go with fine chocolate, but single-origin could well be the answer to Nestlé’s long overdue premiumisation conundrum.

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Serving Today’s Luxury Seekers

A growing number of consumers seek more than just a product – something that offers “one minute of pure delight” or their “daily luxury”, as Barry Callebaut puts it. This trend is driving the demand for premium chocolate. Chocolate unit prices are rising globally, a trend that is expected to continue well into the next five years. Premium chocolate is growing very fast in the US, where negative volume growth is being outstripped by positive constant value growth in chocolate confectionery as a whole, as well as Brazil, which is expected to be the largest contributor to global chocolate confectionery value growth during 2014-2019. With its recent acquisition of Russell Stover, Lindt is setting the stakes higher still, betting on the sustained triumph of high-end chocolate in the US, the world’s largest confectionery market.

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Who are the Major Losers of Russian Sanctions?

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The Russian government’s announcement of sanctions on some food stuffs imported from the EU, Norway, USA, Canada and Australia will hit some countries harder than others. Yet the impact on the Russian economy may be even more significant.

Who will pay the price?

Of those facing the ban, the EU has the closest trade ties with Russia. Russia was the destination for 2.6% of EU exports in 2013. This ranges from just 0.4% in Portugal, to a hefty 19.1% in Lithuania. Of those facing sanctions, the countries’ most dependent on agricultural exports (in terms of the proportion of their exports which are composed of food and live animals) are Denmark, Lithuania and Cyprus.

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August 4, 2014

Competing to Feed Asia

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Population growth and increasing incomes, which have in turn led to changes in diet, have given rise to one of the world’s greatest challenges – and biggest opportunities – feeding Asia.

Demographics and Income Drive Demand

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July 31, 2014

New Confectionery Data – What is it Telling Us?

Lauren BandyAnalyst Insight by Lauren Bandy - Food Analyst

In 2014, global retail value sales of confectionery reached an all-time high of US$198 billion according to Euromonitor International’s newly published data, an increase of nearly $4 billion over 2013. Driven by a desire for more premium products, consumers in both developed and emerging markets are increasingly turning towards chocolate confectionery as an affordable indulgence and the category represented over half of total confectionery sales in 2014. Meanwhile, growth of sugar confectionery is much lower, although sales were up by US$1.4 billion in 2013 to reach US$62.5 in 2014, thanks mostly to growth in Asia Pacific and Latin America. Increasing dental health concerns mean that the gum category has seen no growth, with the strong performance of sugar-free gum being offset by declines in sugarised gum and bubble gum, with retail value sales static in 2014 at US$24.6 billion.

2014 Sees a Shift in Top 10 Country Rankings

In 2014, Asia Pacific overtook North America to become the second largest confectionery market globally, although it is still a long way off the leader Western Europe, which saw retail value sales of US$62.9 billion in 2014.

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¡No te pierdas nuestra presentación en el Food Technology Summit & Expo 2014!

Logo-FTS-2014-1280x720-01_BLANCO

Nombre del evento: Food Technology Summit & Expo 2014
 
Para más información: www.ftsexpo.com 
Fecha: 1 al 2 de octubre, 2014
 
Día, fecha y hora de nuestra presentación:  Jueves 2 de octubre, de 12:15 a 13:15, Centro Banamex, México DF

Acerca del evento:  La Séptima Edición del Food Technology Summit & Expo reúne a más de 150 empresas líderes proveedoras de aditivos, ingredientes y soluciones para la industria de Alimentos y Bebidas de México y Centroamérica con el objetivo de hacer negocios y branding. El evento recibe la visita de más de 8 mil asistentes que la consolidan como la más importante en la región. Asimismo, el Food Technology Summit & Expo ofrece un completo programa de capacitación que incluye un Congreso Internacional y un Ciclo de 21 Conferencias Gratuitas de Innovación Alimentaria.

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July 29, 2014

Euromonitor to Speak at World Food Moscow 2014

WorldFood Logo

Date: September 15-18, 2014

Location: Expocentre, Moscow, Russia

Presentation: September 17, 2014

Speaker: Georgij Grebinskij, Research Analyst at Euromonitor International

Topic:  Confectionary market overview in Russia and Europe

About the event:Over the last 20 years, World Food Moscow has grown to become a major meeting place for the food and drinks industry and a vibrant source of products for the Russian market. Exhibitors are grouped in nine main sectors, ensuring visitors can easily find products of interest, compare them and talk to their manufacturers. WorldFood Moscow attracts a huge audience of wholesalers, distributors, retailers and restaurateurs. This means that exhibitors can fulfill two major objectives at the same time: find a reliable distributor, whilst also gauging demand for their product in this evolving market.

Over just four days, exhibitors see thousands of visitors and develop partnerships which will see their products stocked in shops and supermarkets all over Russia. It’s a prime opportunity for suppliers to pitch themselves against their competitors and demonstrate their strength in the market. To register, please visit the website.

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July 21, 2014

Shopper Insights in Action Conference 2014 – IIR – Event Recap

Howard TelfordAnalyst Insight by Howard Telford - Beverages Analyst

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This past Wednesday, the 14th annual Shopper Insights in Action conference concluded in Chicago, Illinois. As always, the event focused on strategies to improve shopper activation across all kinds of consumer retail categories and channels, providing the shopper side of consumer marketing (and its research suppliers) an engaging forum to share ideas and success stories.

From a beverages and food service perspective, the three-day event at Navy Pier left me considering the need to address three, macro-level organizational challenges in the drinks industry:

1.       Using ‘big data’ more effectively

As the event’s exhibit hall demonstrated, there are a myriad of methodologically different ways to collect, measure and interpret the in-store responses of consumers to your products and shelves. As an industry that frequently delivers and merchandises its products through a two-tier bottling system (or other independent direct delivery partners), measuring the effectiveness of in-store activity - displays and product location - is vital. How can marketing and channel management teams demonstrate that ‘soft’ information on shopper response, preference or opinion is robust and indicative of volume growth or incremental revenue? Brands and their retail partners must work harder to interpret and contextualise data and insights in order to effectively advocate for change within their businesses.

Research focused and data literate leadership certainly helps. Keynote speaker Sir Terry Leahy, former CEO of Tesco plc, spoke about the need to improve the dissemination and understanding of data within large retailers and other organizations. As research tools become more powerful and useful – from generating understanding of potentially new, developing markets, to specific, localised consumer segments and their behaviours – it remains important that these insights are clear and actionable while reaching the right pairs of eyes.   

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