With the COVID-19 lockdown measures taking place from March-May, breakfast cereals is set to see a significant increase in value and volume sales. As such volume sales will move from a decline in 2019 to a predicted growth of 14%, whereas value sales move from slight growth, to a prediction of 16% in 2020.

Also Read –…

Value growth for baked goods is set to increase from 3% in 2019 to a prediction of 9% for 2020, with volume growth moving from 1% to a prediction of 7%. With official lockdown in place in the country from mid-March until May, consumers spent more time at home, boosting demand for baked goods, with those working and learning for home, demanding lunch and snack options. When the lockdown was announced in the country during March, panic-buying was also noted, lifting sales of both fresh and…

Store cards were not present in Singapore at the end of the review period and are not expected to enter the market over the forecast period.

Also Read – http://www.marketwatch.com/story/global-oled-timing-controller-market-by-type-by-application-by-segmentation-by-region-and-by-country-2021-2021-03-13

Euromonitor…

The outbreak of COVID-19 is having a positive impact on edible oils in Vietnam, with edible oil being viewed as an essential cooking ingredient to use within the home. As such, value growth is set to move from 6% in 2019, to a prediction of 9% in 2020, with consumers cooking at home more often during the pandemic, increasing general consumption.

Also Read –…

Magnit claims plans for further expansion of its retail chain through increasing the density of its presence, as well as organic growth in regions where it has a lower presence. The company emphasises adherence to a multi-format business model that includes development of small supermarkets and convenience stores in residential areas, as well as large hypermarkets, outlets for family shopping and a drugstore retail chain. Magnit will strive to increase brand loyalty and work towards…

The company plans to maintain its focus on the foodservice channel, working on its alliances with large consumer foodservice operators throughout Mexico. In the retail channel, Heinz is well positioned amongst consumers, and the company will continue to leverage the brand to increase its market share. During the forecast period, the player will continue to appeal to women and children through product innovation and advertising.

Also Read –…

Russky Produkt states that stable growth of production volumes, increasing efficiency, cost reduction and optimising its product portfolio are among the main directions for development. The company also emphasises its plans to strengthen national and regional distribution, as well as improving direct sales.

Also Read –…

Grupo Herdez’s strategy is focused on catering to the needs of modern Mexican consumers. The company regularly launches new and innovative products that are both nutritious and convenient for consumers. Strong investments in advertising and promotional activities are expected to remain a common practice for the company, which, complemented by a strong retail distribution network, is likely to sustain dynamic growth.

Also Read –…

Farmer’s Choice seeks to position itself as a high-quality brand and a household name in Kenya as it increasingly focuses on expanding across the East Africa region.

Also Read –…

New Kenya Co-operative Creameries Ltd (New KCC) seeks to position itself as a high-quality milk processor and supplier as it puts into action its plan to expand beyond the borders and across the East Africa region.

Also Read –…

The company aims to maintain its strong leadership in baked goods, while continuing to shape consumption habits and expanding exports. To achieve these goals, it will work to improve its bread production processes and continue to offer traditional and innovative products for consumption across the Baltic States. Maintaining consistently high standards in terms of product quality, safety and hygiene will also remain a key priority for Vilniaus Duona.

Also Read –…

Pieno Zvaigzdes expects to remain the leader in dairy products over the forecast period by anticipating the changing needs of Lithuanian consumers. The company aims to increase profitability by implementing cost-reduction strategies and introducing more added-value products, which generally offer higher margins than basic or standard alternatives. In particular, the company will focus on introducing higher quality and health-oriented dairy products. This will involve the use of higher…

Sanitex UAB aims to remain the leading distributor of packaged food products to consumer foodservice operators and retailers in Lithuania. To achieve this goal, it will continue to focus on maintaining strong relationships with all of its clients and offering high quality and modern logistics services. These services not only include the transportation and storage of goods, but also marketing, accounting, information technology and client servicing.

Also Read –…

Over the forecast period, Eugesta UAB aims to strengthen its position as a distributor of packaged food products to consumer foodservice operators in Lithuania. To achieve this, the company will continue expanding the assortment of products it carries, while also improving the range of services it offers to its clients and investing in strengthening its distribution network and sales department. Attaining its objective will not be easy, however, as it faces tough competition from local…

Brown’s Cheese is seeking to gain value share in packaged food and in dairy in Kenya by producing fresh and additive-free cheese. The farm, which lies in the tea plantations of Tigoni, is run on purely biodynamic and organic principles, principles to which the company plans to uphold.

Also Read –…

Meatana Ltd is a new (Meatana Ltd was set up in November 2007, but launched production in May 2008) Georgian enterprise producing chilled processed meat.

Also Read – http://www.marketwatch.com/story/global-cloud-security-software-market-research-report-2024-2021-03-09

Euromonitor International Local Company Profiles are a concise set of briefings detailing the…

In recent years, use of the term “natural” to describe products and ingredients has multiplied. This has led to difficulties, as new natural materials have been required to replace synthetic ingredients, with varying degrees of success. A lack of regulation also means there is uncertainty regarding what “natural” actually is. This report considers the difficulty of using natural claims and explores how specific ingredient categories have adapted to fit the natural trend.

Also Read –…

On 31 May 2016, a branch of the French Sygma Banque Société Anonyme (Joint-Stock Company), Sygma Banque in Poland, became a part of BGZ BNP Paribas SA. The bank that BNP absorbed is specialised in consumer loans and financing the purchasing of consumer goods by offering credit cards and instalment loans. Sygma Banque is one of the leaders of the Polish credit cards industry, with its portfolio comprising approximately 650,000 credit cards in circulation in 2016.

Also Read –…

General Heat Corp is a licensed manufacturer of La Germania kitchen appliances in the Philippines. Its product portfolio includes built-in/freestanding hobs, ovens, range cookers. The company is also an original equipment manufacturer for various companies such as Electrolux Brunei, Superkalan Gaz Corp and others.

Also Read –…

Irons is considered as one of the most popular appliances in every family. This is mainly supported by the consumer perception of appearance being a vital factor in achieving social success. In response, many manufacturers have not only made efforts to launch promotional activities but they have also developed new products with better features. For instance, steam irons with Optimal Temp from Philips Electronics Vietnam Co Ltd has gained the attention of consumers. The new Optimal Temp…