Desperate Times?: Forecast Revisit for Packaged Food in 2011
Recent events, man-made and natural, are casting doubt on the still vulnerable global economic recovery. US public spending cuts, rampant inflation in China, continued political instability in the Middle East and North Africa, and Japan’s tragic earthquake and tsunami are not only impacting economic prospects worldwide, but also the packaged food market specifically. Euromonitor International examines the impact of these developments on future growth prospects for the packaged food industry.