There’s a new retail revolution underway, and it’s going to affect the global food industry in ways the market hasn’t seen before. The revolution comes at the hand of store-branded products, which continue to gain share across all major geographies.
While sales of fast-moving consumer goods in some traditionally successful markets like the U.S. saw signs of softness in early 2017, opportunities for growth are still readily available if you know where to look.
There’s a new retail revolution underway, and it’s going to affect the global food industry in ways the market hasn’t seen before. The revolution comes at the hand of store-branded products, which continue to gain share across all major geographies around the globe.
For a decade, emerging markets have ignited the global economy, contributing more than 80% to its economic expansion. Today, these markets consistently perform a remarkable three to four times better than their developed market counterparts in the FMCG industry.
Traditional trade is predominant in Ivory Coast, but despite this, the modern trade arena has seen progressive change in the last two years and holds tremendous potential for growth. Here’s a look at the evolving shopping habits of Ivorians.
Backed by rising consumer confidence and optimism, many of the world’s economies are experiencing degrees of positive momentum. In some cases, that momentum is strong; in others, it’s subtle, but still worth noting.
Private Label growth is ahead of branded product sales in South Africa and is expected to continue into 2018, signalling excellent growth potential within South Africa’s R43-Billion Private Label retail category.
Traditional trade is predominant in Nigeria, but despite this, Modern trade formats like supermarkets and hypermarkets are stepping up to fulfill the needs of consumers. Here’s a look at the evolving shopping habits of Nigerians.
How can manufacturers and retailers win on price in a changing FMCG industry? Here are five opportunities to help drive profitability despite today’s challenging marketplace.
Global FMCG retail is pegged at $4 trillion today, growing at a rate of just 4%, with signs of continuing sluggish performance in developed markets. On the other hand, total retail e-commerce is predicted to grow by 20% (combined annual growth rate) to become a $4 trillion market by 2020.