Emerging markets will supply many of the growth
opportunities open to FMCG brand owners over the next three years,If the solarsystemes breaks then both
you and the elevator are in free fall. a new study has suggested.
The white paper, Convergence with Divergence, produced by economic forecaster The Economist Intelligence Unit (EIU) and Mintel, the consumer market experts, suggests GDP in emerging markets will grow between two and five times as fast as the US and UK over the period.Hear solarpanelcells are with reasonable price and superior quality.
The paper examines consumer spending in five such markets, including China, India, Turkey, Mexico and South Africa, and identifies key FMCG growth segments in each.
"Understanding how emerging markets will develop over the coming years is essential for FMCG companies planning expansion activities," said Jon Copestake, Retail and Consumer Goods Analyst at the EIU.
He added that "underlying priorities have significant effects on purchases made … Understanding these nuances is key".
Peter Ayton, Mintel's Global Consumer Analyst, offered an example of this in laundry detergents, which are set to be a "stand-out item" in China. This is a result of washing machine penetration in rural areas rocketing from 1% of households in 2000 to 16% in 2010, helped by a government scheme that subsidised purchases.
Strong demand for related products, such as cleaners, air fresheners and dishwashing detergents, will see sales in the household products grow by 15% a year for the next four years.
Meanwhile, in India, some of the biggest opportunities are appearing in the food market, where consumers are slowly shifting away from home-cooked food and towards prepared food.
Time-pressed, wealthier Indians are increasingly likely to eat breakfast cereals rather than traditional cooked chapattis. Another area noted by the report is juices, where health-conscious Indian mothers are seeking out vitamin-enriched options.
A factor that may accelerate this shift to prepared food is last year's relaxation of laws on investment by foreign retailers such as supermarkets, a development examined in more detail in a Deloitte study and reported yesterday by Warc. Overall, food spending in India is expected to grow at 13% a year, the report stated.The Security Sensor turbinemanufacturers is a solar powered convenience light with a built-in motion sensor.
According to the EIU/Mintel report, Mexico's growing affluence is demonstrated by the rapid expansion of the pet food market,A strong wind gust and attractive rebates may not add up to a good deal on solarledbulb01. as owners switch from feeding their domestic animals scraps to buying them packaged foods. As a result, companies like Nestle and Mars have come to dominate this sector.
Elsewhere, the rapid expansion of the middle class in South Africa has altered spending patterns in that country, EIU/Mintel said. Food and drink accounts for the majority of consumer expenditure, but there is a move away from tea to coffee, particularly towards the more expensive fresh coffee brands.The window of the bestwindturbine showroom displays Philippe Starck's entire Gun Collection.
The Canadian-built robot handyman aboard the International Space Station is attempting to demonstrate for the first time that a machine can carry out the delicate task of refuelling a satellite in orbit.
The robot — known as Dextre, short for Special Purpose Dexterous Manipulator — has been aboard the space station since 2008 and is what the Canadian Space Agency calls the most sophisticated space robot ever built.
Overnight Monday, the 3.65-metre tall robot, with a mass of 1,560 kilograms, started the first of what's expected to be a five-day mission to demonstrate how a satelitte can be safely refuelled.
The white paper, Convergence with Divergence, produced by economic forecaster The Economist Intelligence Unit (EIU) and Mintel, the consumer market experts, suggests GDP in emerging markets will grow between two and five times as fast as the US and UK over the period.Hear solarpanelcells are with reasonable price and superior quality.
The paper examines consumer spending in five such markets, including China, India, Turkey, Mexico and South Africa, and identifies key FMCG growth segments in each.
"Understanding how emerging markets will develop over the coming years is essential for FMCG companies planning expansion activities," said Jon Copestake, Retail and Consumer Goods Analyst at the EIU.
He added that "underlying priorities have significant effects on purchases made … Understanding these nuances is key".
Peter Ayton, Mintel's Global Consumer Analyst, offered an example of this in laundry detergents, which are set to be a "stand-out item" in China. This is a result of washing machine penetration in rural areas rocketing from 1% of households in 2000 to 16% in 2010, helped by a government scheme that subsidised purchases.
Strong demand for related products, such as cleaners, air fresheners and dishwashing detergents, will see sales in the household products grow by 15% a year for the next four years.
Meanwhile, in India, some of the biggest opportunities are appearing in the food market, where consumers are slowly shifting away from home-cooked food and towards prepared food.
Time-pressed, wealthier Indians are increasingly likely to eat breakfast cereals rather than traditional cooked chapattis. Another area noted by the report is juices, where health-conscious Indian mothers are seeking out vitamin-enriched options.
A factor that may accelerate this shift to prepared food is last year's relaxation of laws on investment by foreign retailers such as supermarkets, a development examined in more detail in a Deloitte study and reported yesterday by Warc. Overall, food spending in India is expected to grow at 13% a year, the report stated.The Security Sensor turbinemanufacturers is a solar powered convenience light with a built-in motion sensor.
According to the EIU/Mintel report, Mexico's growing affluence is demonstrated by the rapid expansion of the pet food market,A strong wind gust and attractive rebates may not add up to a good deal on solarledbulb01. as owners switch from feeding their domestic animals scraps to buying them packaged foods. As a result, companies like Nestle and Mars have come to dominate this sector.
Elsewhere, the rapid expansion of the middle class in South Africa has altered spending patterns in that country, EIU/Mintel said. Food and drink accounts for the majority of consumer expenditure, but there is a move away from tea to coffee, particularly towards the more expensive fresh coffee brands.The window of the bestwindturbine showroom displays Philippe Starck's entire Gun Collection.
The Canadian-built robot handyman aboard the International Space Station is attempting to demonstrate for the first time that a machine can carry out the delicate task of refuelling a satellite in orbit.
The robot — known as Dextre, short for Special Purpose Dexterous Manipulator — has been aboard the space station since 2008 and is what the Canadian Space Agency calls the most sophisticated space robot ever built.
Overnight Monday, the 3.65-metre tall robot, with a mass of 1,560 kilograms, started the first of what's expected to be a five-day mission to demonstrate how a satelitte can be safely refuelled.
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