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Trends > Emerging Markets

Emerging Markets

Emerging Markets

Manufacturers in their swarms are flurrying to emerging markets like Brazil, Russia, China and India to cash in on booming populations that have money to spend. But it isn't a simple 'shift' of business model. Companies must work hard to carefully tailor products and marketing to very different and varied consumer groups.

BEMA networking event Gulfood Manufacturing 2014

BEMA (Baking Equipment Manufacturers and Allieds) brought together its exhibiting members at the inaugural Gulfood Manufacturing 2014 at the Conrad Hotel, Dubai, recently.

Gulfood Manufacturing 2014 special edition

Nestlé: ‘In a market like Nigeria you have to take leaps of faith and enjoy the adventure’

‘Nestlé is the least biggest risk taker because it is a Swiss organization. It is very controlled and calculated in what it does, but it had the faith to enter...

Gulfood Manufacturing 2014 special edition

BEMA: ‘This is the place to be and we want to grow in this market’

The Middle East is like ‘The Wild West’, expanding at an incredible rate, according to BEMA, (Baking Equipment Manufacturers and Allieds).

Gulfood Manufacturing 2014 special edition

Mecatherm wins Al Rashed bakery partnership

Mecatherm has installed two production lines for Al Rashed bakery, which supplies products to McDonald's, Burger King and Hardees, as well as having its own retail brand, Yaumi.

Live from Gulfood Manufacturing 2014

Tomra modifies its camera tech and software for sorting dates in MENA

Tomra has developed its camera technology and software to modify its Genius 640 3-way sorter with two rejector streams for dates in MENA because ‘the industry wants different sizes, below...

Guest article

Boring bread? Ditch bland ads and bite into the revolution

Bread and milk have always been natural indicators for what is happening inside the average household. Both are reliable dietary staples and both have the ability to inspire passion and...

Live from Gulfood Manufacturing 2014

Philibert Savours to upgrade its commercial department

Philibert Savours will upgrade its commercial department, announcing a head of global sales in January.

Yildiz still lacks 'power brands' after United Biscuits buy: Analyst

Yildiz Holding's acquisition of UK United Biscuits makes it the world's third largest biscuit player, but now it will have to work hard to find its 'power brand' answer to Mondelēz's...

Euromonitor: India snacks hold explosive growth promise for ingredients

 Ingredients suppliers should target India’s sweet and savory snacks sector because it’s untapped and brimming with potential, says Euromonitor International.

Who is the global snacker?

Close to $400bn is spent annually on snacks worldwide, but who is the global snacker and what are the purchase motivators?

Brazilian biscuit and bread associations merge in ‘basic basket’ tax hope

Brazil’s National Biscuit Industry Association (ANIB) is merging with the country’s Association of Pasta Manufacturers (ABIMA), which also represents the processed bread and industrial cakes sector, to form a new...

Ebola outbreak threatens West African food security with severe inflation and labour shortages: FAO

The UN’s Food and Agriculture Organisation (FAO) has launched an appeal for $30m (€23,72m) to support food supply resilience and recovery in the three African countries most affected by the Ebola...

Latin America: Savory soars in fastest-growing snack region

Sales of savory snacks including crackers, rice cakes and pita chips climbed 21% in the last year across Latin America – a region with the fastest-growing global snacks sector, according to Nielsen.

Taiwan

Supplier fined heavily in midst of Taiwan’s 780t recycled oil scandal

A Taiwanese food company has been handed a severe fine for selling lard made from cooking oil that had been recycled from kitchen waste and grease from leather processing plants.

India

New committee meets in bid to reform 'wasteful' food corporation

A high-level committee has met for the first time to investigate a restructure of the often-beleaguered Food Corporation of India (FCI) as the food-grains authority looks to strengthen and integrate...

Kellogg’s interest in Egyptian snack maker BiscoMisr ‘makes sense’

Kellogg has bid for a 51% stake in Egyptian biscuit and breakfast cereal firm BiscoMisr, according to a filing in Egypt’s stock exchange – a move which would makes sense,...

India

PepsiCo to double investment in Indian snacks

PepsiCo chairman Indra Nooyi has pledged to double the company’s investment in its Indian food processing operation to add to the sizeable sums it has already spent in the country....

Mooncake Festival 2014: The biggest event in Asia’s cake calendar

The annual Mooncake Festival celebrated in China and Vietnam is by far the biggest event for cake manufacturers in the region, says an analyst.

China’s bakery boom: How to have your cake and eat it

China will become the world’s second most valuable bakery and cereals market by 2018, and understanding lifestyles will be key to capitalizing on this growth, says Canadean.

New Zealand

Taura claims its fruit pieces are the world's smallest

Kiwi fruit products company Taura Natural Ingredients has introduced what it claims is possibly the world’s smallest real fruit pieces.

Russian all-natural snack start-up: 'We’re catching the wave, not chasing it'

The Marc Bakery aims to transform its $1m Russian snack business into $45m in just three years – a possible goal in a country where all-natural remains nascent, its founder says.

Additives and carb backlash stumps bread innovation, says Mintel

Packaged bread innovation has been complicated by a consumer backlash on additives and carbohydrates, but manufacturers can still generate interest with healthy, artisan ingredients, says Mintel.

Philippine food major buys New Zealand snack firm Griffin’s

Universal Robina Corporation (URC) has snapped up New Zealand snack giant Griffin’s Foods for NZ$700m ($606.6m) in a move it says should bolster its presence in the Asian snack sector....

DIGGING INTO INNOVATION AND NPD WITH DATAMONITOR CONSUMER

What do women want (from bread)?

Manufacturers should look to develop breads tailored to women’s nutritional needs, according to a Datamonitor researcher.

Grupo Bimbo acquires Ecuadorian firm Supan

Mexican bakery giant Grupo Bimbo is set to acquire Ecuadorian company Supan – its first buy in the region.

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