In the latest report from PACRIM with Euromonitor, we examine how the food, beverages and tobacco industry is performing globally and in the largest countries in terms of food, beverages and tobacco output. The report also provides data for production, market size, imports, exports, industry costs, industry profitability and number of companies. The industry and market overview provide benchmarks against other countries in the region. #marketforecast #craftbeer #Global
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Record-high #cocoa prices are pushing #chocolate makers to increase consumer product prices and reduce product size, fueling so-called “#shrinkflation.” US President Joe Biden called out brands for using “shrinkflation” tactics amid a cost-of-living crisis, but market analysts expect cocoa prices to continue rising. Nestlé and Innova Market Insights tell us more. Lu Ann Williams Mark Schneider #supplychain #foodnews Reported by Joshua Poole.
Cocoa price surge: Biden attacks “shrinkflation,” Nestlé prioritizes flavor profiles
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Food and drink manufacturing leads output and demand growth in March – report https://buff.ly/3TYC7dc. #manufacturing #business #BusinessModels #jobs #growth #skills #Supply&Demand #Economy #economics #output #BeverageMarket #Food&Drink
Food and drink manufacturing leads output and demand growth in March - report - The Manufacturer
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Overall, Mexico has purchased 37% of all U.S. cheese sold to international customers so far this year. The cheese story isn’t a flash in the pan either, Geiger points out, as cheese exports to Mexico grew 17.9% in 2022 and 15.4% in 2023 when comparing the first nine months of those years. “While cheese has been an impressive story that continues to unfold, nonfat dry milk and skim milk powder was the largest category at 793 million pounds exported in 2022, and moved to 919 million pounds last year, according to U.S. trade data,” Geiger says. “Mexico purchased 51.5% of all U.S. nonfat dry milk and skim milk powder exports.” “Dairy product sales have upside potential as more Mexican consumers enter the middle class and seek higher-quality proteins and fats,” Geiger explains. “To that end, Mexico’s average citizen consumes just 45% of the dairy products of the average American. https://lnkd.in/gnHAD47z
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The U.S. snack market is full of opportunities for Ukrainian brands that prioritize FDA compliance, sustainable packaging, and health-focused trends. With the right strategies and partnerships, breaking into this booming industry is within reach. Excited to see more Ukrainian products on U.S. shelves! #ExportOpportunities #UkrainianBrands #HealthySnacking
Exporting Snacks from Ukraine to the USA: Key Features and Opportunities The U.S. snack market is a booming industry, projected to reach $22.85 billion in 2024, with an expected growth rate of 7.5% CAGR, hitting $35.34 billion by 2030. This growth is driven by rising consumer interest in convenient, health-focused, and sustainable snack options. What Does This Mean for Ukrainian Exporters? ✅ Regulatory Compliance: It’s crucial to meet U.S. FDA standards for food safety and labeling. ✅ Healthy Snacking Trends: Gluten-free, vegan, and organic products are in high demand. Introducing snacks with unique flavors and nutritional benefits can capture market interest. ✅ Sustainable Packaging: Consumers value eco-friendly solutions, making recyclable or reusable packaging a key differentiator. ✅ Distribution Strategies: Success hinges on strong partnerships with distributors and presence in major retail chains like Walmart and Costco, which dominate 68.95% of the market. At Lion Trade Master, we help Ukrainian brands navigate these complexities, connecting their products to U.S. consumers. With expertise in compliance, logistics, and marketing, we ensure your snack brand finds its place on American shelves. Ready to expand into the U.S. market? Let’s talk! #Export #Snacks #USMarket #UkrainianProducts #LionTradeMaster
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Germany’s BDSI confectionery organisation has warned that challenging national economic conditions have seen confectionery exports slide 0.6% in the first quarter of 2024, following a 1% decline last year #BDSI Carsten Bernoth #Germany #exports #confectionery #chocolate #policy #EU #EUCommission #EUDR #regulations #tradepolicy #confectioneryproduction https://lnkd.in/eSj8hEc5
BDSI confectionery body raises concerns, as German sector exports continue decline - Confectionery Production
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Read Our Latest Post:"Top Tips for Importers Sourcing Food and Commodities from India" ! 🌟 Dive into our newest blog post, tailored for import-export professionals seeking valuable insights and resources. Explore a wealth of information designed to enhance your industry knowledge and global trade expertise. Click the link below to discover more and share your thoughts in the comments! #NewBlog #GlobalTrade #EUTrade #MiddleEastTrade #TheIndianExportCompany
"Top Tips for Importers Sourcing Food and Commodities from India"
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Read Our Latest Post:"Mastering Global Food Imports: Essential Insights for Importers Sourcing from India" ! 🌟 Dive into our newest blog post, tailored for import-export professionals seeking valuable insights and resources. Explore a wealth of information designed to enhance your industry knowledge and global trade expertise. Click the link below to discover more and share your thoughts in the comments! #NewBlog #GlobalTrade #EUTrade #MiddleEastTrade #TheIndianExportCompany
"Mastering Global Food Imports: Essential Insights for Importers Sourcing from India"
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Of the 14 manufacturing sectors monitored by the Tracker, food and drink manufacturers reported the fastest growth of output growth in March (59.1 vs. 51.8 in February) - https://ow.ly/ieE150Rj1cE #Manufacturing #UKMfg #ManufacturingIndustry
Food and drink manufacturing leads output and demand growth in March - report - The Manufacturer
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Simplifying Sweet Success: California Cane Sugar's Direct-to-Manufacturer Revolution. Challenge 1: Cumbersome Procurement and Supply Chain Inefficiencies. Challenge 2: Additional Savings & Efficiency. Challenge 3: Ensuring Quality and Sustainability in Procurement In the complex world of food and beverage manufacturing, sourcing high-quality ingredients efficiently and sustainably is a persistent challenge—especially when it comes to sugar. California Cane Sugar is stepping up as the only company uniquely positioned to tackle these challenges head-on, transforming sugar procurement with its innovative direct sourcing model. California Cane Sugar revolutionizes procurement by being the only company that enables large food and beverage manufacturers to source their sugar needs directly from the sugar mills in Colombia. Our model is a breakthrough in procurement efficiency, significantly streamlining operations by eliminating intermediary complexities. We take pride in managing all logistics and customs processes, ensuring seamless delivery of sugar from the sugar mill directly to your facilities across the US. This not only saves time but also cuts down on expenses, offering our clients unparalleled value. Sustainability and quality are at the heart of our operations. California Cane Sugar commits to eco-friendly agricultural practices, ensuring that our locally sourced sugar meets the highest standards of quality. This dedication allows manufacturers to fulfill consumer expectations for sustainability and excellence in their products. Conclusion: For food and beverage manufacturers, the path to efficient, sustainable, and cost-effective sugar procurement is fraught with challenges. California Cane Sugar offers an innovative solution with its unique direct-from-mill sourcing model, coupled with comprehensive logistics and customs handling. This approach not only simplifies the procurement process but also ensures quality and sustainability, all while delivering significant cost and time savings. Embrace the future of sugar procurement with California Cane Sugar—where quality meets efficiency at your doorstep. Call to Action: Transform your sugar procurement process with California Cane Sugar. Reach out to us today to learn how our direct sourcing model can streamline your operations, ensuring you receive high-quality, sustainable sugar directly to your manufacturing facilities, hassle-free and cost-effectively.
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