DUBLIN, Ireland - (Business Wire) Research and Markets (
http://www.researchandmarkets.com/research/958484/asiapacific_food) has announced the addition of the "Asia-Pacific Food & Beverage Sectors : A Company and Industry Analysis (September 2008)" report to their offering.
This report updates the previous Asia-Pacific food and beverage report, focusing on the markets in Australia, China, India, Japan, Thailand and the Philippines
Current Environment - Key Points
- Rising energy and commodity prices, currency fluctuations, intensifying competition and concerns over possible food contamination scares continued to plague the Asia-Pacific F&B industry in the first half of 2008
- The Dow Jones Asia-Pacific Food & Beverage Index performed well in the first half of 2008 following favorable corporate earnings and restructuring plans that buoyed investor sentiment
- Changing consumer demand, the falling value of the US dollar and declining food stocks were among the major issues that started to affect the F&B industry's profitability
- Many F&B companies were able to maintain earnings and sales growth, but not quite as strong as in the past few years
- Merger and acquisition activity in the Asia-Pacific maintained momentum over the last six months, with several leading companies consolidating their market share
Industry Profile - Key Points - The value of F&B exports in most Asia-Pacific countries grew in the first half of 2008 as a result of mounting consumer demand, driven by greater ethnic diversity and rising incomes
- China and India's F&B industries have attracted several major foreign F&B companies to invest in its lucrative markets over the last year
- Investment levels in the Asia-Pacific F&B industry maintained momentum in the first half of 2008, helping to stimulate economic activity, generate employment and sustain the industry's competitiveness
- Recognizing the importance of the F&B industry to the economy, several governments continue their financial support for the industry
- Food safety is becoming a more important issue in the region, with related laws and regulations being introduced; China is one example
Market Trends and Outlook - Key Points - A growing awareness of the importance of maintaining good health, escalating healthcare costs and a greater demand for quality food are factors driving the sector towards functional food products
- The ageing Asian population continues to challenge the Asia-Pacific food industry to come up with food products for changing tastes
- Most F&B firms are absorbing higher energy, commodity and packaging costs, which moderated during the first half of 2008, but are still struggling to do so
- In comparison with other industries, the F&B industry is probably better placed in the event of any adversity
- Food inflation is set to plague most Asia-Pacific markets this year, with few signs it will subside any time soon
- Factors such as unfavorable exchange rates, interest rate hikes, persistent high energy and commodity prices and food scares will continue to pose threats to food processors in the region.
Key Topics Covered:
Current Environment - Sector Overview - Sector Performance - Leading Companies - Mergers, Acquisitions and Alliances Industry Profile - Industry Size and Value - Sector Investment - Policy and Regulatory Environment Market Trends and Outlook - Functional Food and Drinks in Demand - Asia's Ageing Population Creates Opportunities - Market Outlook Country Profiles - Australia - China - India - Japan - Thailand - Philippines Currency Conversion Table The Scope of This Report Key References Comparative Data Reports Coverage
For more information visit http://www.researchandmarkets.com/research/958484/asiapacific_food
Research and Markets
Laura Wood
Senior Manager
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
press@researchandmarkets.com
