The Schmersal Group has seen an above-average increase in demand for packaging and food machines from the BRIC countries (Brazil, Russia, India and China) and is expanding its Brazil subsidiary food production business this year.
Brazil factory ready for commercialization in September
Tetra Pak has completed a €65m upgrade for its packaging material plant in Ponta Grossa, Brazil, which will be ready for commercialization in September.
The Mondelez Series - New confectionery powerhouse
The developing markets of Brazil, Russia, India and China will drive sales for Kraft’s global snacks business Mondelez International, according to CEO Irene Rosenfeld.
General Mills sees great potential for its snacks and cereals segments outside North America as population growth in emerging markets looks set to soar.
An increasing demand for food and drink packaging in BRIC (Brazil, Russia, India, China) and eastern European nations will see the sector grow by over $40bn in the next few years, an industry report has forecast.
The US share of the global flexible packaging market will decrease as emerging markets such as India and China continue to grow at a “staggering” rate, according to an industry analyst.
Brazil, Russia, India and China will feature in the top five biggest grocery markets by 2015, with China set to snatch the top spot from the US in 2012, predicts IGD.