The Euromonitor International 2008 Review From Just-Food - Management Briefing
just-food
January 1, 2008 20 Pages - SKU: AQ1687181
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| Rising commodity costs - and the ongoing tension between suppliers and retailers over passing those costs on to consumers - dominated the food industry landscape in 2007, and the next 12 months look set to be no different. This month's briefing offers a preview of what Euromonitor and just-food expect to be the major industry trends, issues and developments in 2008. The briefing looks at both developed and developing markets across four key sectors - dairy products, impulse food, meal solutions and breakfast products.
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- Introduction
- Dairy products
- Developed markets
- Health issues come to the forefront
- Organic dairy surges with consumer attitudes on health
- Price premiums may spur maturation
- Independent specialists’ revival and slow-food movement
- Developing markets
- Maturation of demand
- Deepening penetration through better market segmentation
- Impulse food
- Developed markets
- Convenience, health and sophistication drive growth
- Impulse products driven by health and wellness trend
- New relaxing properties introduced to lollipops
- Chips/crisps benefit from reduction in saturated fat content
- Boosting energy properties expands to gum and sugar confectionery
- Convenience-minded innovation focuses on larger formats
- Developing markets
- Economic growth drives growth for impulse products
- Health trend extends to emerging markets
- Price and education strategies needed to achieve full potential
- Meal solutions
- Developed markets
- Health and nutrition - still the flavour of the day
- Convenient food for easy preparation and/or on-the-go consumption
- Consumer demand for premium indulgence in meal solutions
- Developing markets
- Consumers still prefer fresh to packaged food
- Middle class and single-person households drive demand for convenient food
- Growing appetite for premium foods
- Health and nutrition - an emerging niche
- Breakfast products
- Developed markets
- Whole foods and natural ingredients on the rise
- Manufacturers respond to consumer demand
- Functionality reaches breakfast products
- Making breakfast products easier to eat
- Packaging innovations
- Corporate social responsibility
- Manufacturers respond
- Developing markets
- Premiumisation contributes to more effective market segmentation
- Westernisation of eating habits increasing but still niche
- No backlash against children’s breakfast cereals as yet
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