Libby Costin, vice president marketing, Tetra Pak, shares more with APFI on the global juice market and how manufacturers can take advantage of this prime opportunity.
The emerging markets of today are predicted to form an economic powerhouse in the next few years. What trends and opportunities are there in these markets, especially for the beverage industry? By Thomas T. Fischer, vice president, investor relations and corporate affairs, Crown Holdings Incorporated
With the Trans-Pacific Partnership (TPP) set to eliminate the country’s tariffs on imports, the emerging Vietnam market will soon be opened to all players for agricultural and dairy products.
With the improving economic conditions in the emerging countries, Asia Pacific’s chocolate market is set to grow two percent faster than Europe and North America up to 2019, says Transparency Market Research (TMR).
The US$175 million loan agreement with IFC, a member from the World Bank Group, will finance Singapore-based Olam International’s four food processing facilities in Nigeria and India.
With India predicted to become the world’s fifth largest consumer economy by 2025, it is no wonder Singaporean manufacturers want to enter this market.
Located outside Hanoi in northern Vietnam, the US$70 million factory will be used to facilitate product innovation for the local market.
Focusing on the emerging markets and investing in value-added products can tackle milk overproduction, says Euromonitor.
A large potential market for all domestic and international companies, the market will likely be worth INR61 trillion (US$895 million) by 2020, according to a government report.