New trends in innovation and NPD are emerging in the global food and drinks ingredients industry. The key trend of healthy ingredients is focusing on themes including weight management and functional food and drinks and the leading players have also identified new opportunties in areas from biotechnology to bio-fuel production.
The Top 10 Food and Drinks Ingredients Companies: Emerging opportunities, growth strategies and innovation in the leading players is a new report published by Business Insights that analyzes the innovation and growth strategies of the top 10 players in the ingredients industry. This report identifies the product areas that the top 10 players are seeking to develop and also highlights the respective markets where each individual company is looking to grow. It also examines the comparative strengths, weaknesses, opportunities and threats facing the world's leading ingredients companies.
Assess the food and drinks ingredients market competitive landscape and benchmark the performance and strategies of its leading players with this new report.
Key findings from this report...
• Kerry increased its expenditure on R&D by 12.4% in 2005, taking it to €124.7m ($155.3m). This represented 2.8% of the company's total revenue and 4.1% of the company's ingredients revenue.
• Personalized nutrition is expected to become a major industry trend and two of the top 10 players (DSM and BASF) have already identified plans to address this.
• Tate & Lyle controls 7.0% of the texturants, sweeteners and functional ingredients market and intends to increase its share to 14.0% in the next 5 to 7 years. It estimates the market at £6.8bn ($12.1bn) for the year 2006.
• New revenue streams are emerging through diversification into industries providing synergies with existing resources and knowledge. Current areas of interest range from industrial biotechnology to bio-fuel production.
• Asia and in particular China are key regions for the leading food and drinks companies to use as a low cost manufacturing base and target as a key growth market.
Some key questions answered by this report...
• Who are the top 10 players in the global food and drinks ingredients market and how are they performing?
• What are the key trends emerging in the global food and drinks ingredients industry?
• Which growth and innovation strategies are being used by the top 10 players in the global food and drinks ingredients industry?
• How do the leading ingredients players compare in terms of market positioning?
• What were the most interesting and innovative products launched recently by the leading players?
• Which geographical markets are the leading players increasingly focusing on?
• What are the new business areas that ingredients companies are looking to enter?
This new report will enable you to...
• Create more effective competitive strategies based on this report's SWOT analyses and market positioning of the top 10 food and drinks ingredients companies.
• Benchmark the world's leading food and drinks ingredients companies with this report's ranking of the top 10 ingredients companies detailing their financial performance and future prospects.
• Identify and target future growth areas from this report's analysis of the acquisitions and divestments made by leading ingredients companies and their strategies for growth.
• Understand the key trends in food and drinks ingredients and the impact that they are expected to have on the market using this report.
• Enhance your product development strategies with this report's analysis of the leading ingredients companies innovation and NPD strategies.