Report: Increased Consolidation For Global Food, Beverage Industry

DUBLINWeak economic growth in developed nations forced key food and beverage companies to expand their operations in developing regions, especially the Asia-Pacific, Brazil, and the Middle Eastern regions, according to a new Research and Markets report. As a result, food and beverage companies are viewing emerging economies not only as production locations, but as chief customer bases for future growth.

The Global Food and Beverage Industry CEO Business Outlook Survey 2012-2013" report analyzes how global food and beverage industry companies' procurement expenditure, business strategies, and practices are set to change in 2012-2013.

According to the report, C-level respondents from the global food and beverage industry expect increased levels of consolidation, with 56% of respondents anticipating that there will be either a significant increase' or an increase' in merger and acquisition (M&A) activities over the next 12 months.

The report provides data and analysis on category-level spending outlooks, budgets, supplier selection criteria, business challenges, and investment opportunities for leading purchase decision makers in the global food and beverage industry. The report provides the current size of the marketing and advertising budgets and how spending will change, providing insight into global marketing behavior. The report also identifies future growth, M&A, and e-procurement in the global food and beverage industry.

The report also identifies the threats and opportunities within the global food and beverage industry, economic outlook trends, and business confidence among global food and beverage industry C-level executives.