Thursday, 17 August 2017

PotatoEurope 2017: “Potatoes Feed and Meet the World”

PotatoEurope 2017: “Potatoes Feed and Meet the Wor...

  PotatoEurope trade show is preparing for the 11th edition, which will take place September, 13-...

Exclusive Interview – Process Expo 2017: All about Pure Processing

Exclusive Interview – Process Expo 2017: All about...

  More than 600 food processing and packaging exhibitors will display machines, products and serv...

 Chip Festival Names Zapp’s Potato Chips as Grand Champion

Chip Festival Names Zapp’s Potato Chips as Grand ...

  The Chip Festival, held annually in Saratoga Springs, New York, USA, announces Zapp’s New Orlea...

James Hutton Institute Announces GBP3m Collaboration with China

James Hutton Institute Announces GBP3m Collaboration wi...

  The Chinese Government and leading potato processing company Xisen Potato Group are investing GBP3m ...

tna Opens New Office in Russia

tna Opens New Office in Russia

  tna is opening of a new office in Moscow, Russia, set up to support food manufacturers in Russia, th...

Ingredion and Lyckeby Announce Strategic Alliance

Ingredion and Lyckeby Announce Strategic Alliance

  Ingredion has today formed a new strategic alliance with Lyckeby Starch AB, a Swedish manufacturer o...

Tummers Announces Improvements on Its Technological Range

Tummers Announces Improvements on Its Technological Ran...

  Equipment provider Tummers announced the recent development in its range of machinery, as the compan...

Gpi and Kiremko Deliver Batter Line Installation for French Fries Coating

Gpi and Kiremko Deliver Batter Line Installation for Fr...

  Gpi and Kiremko worked together on designing and building a complete batter line that can produce li...

Key Technology Introduces New VERYX C70 Digital

Key Technology Introduces New VERYX C70 Digital

  Key Technology expands its VERYX family of digital sorters with the addition of the new VERYX C70, a...

Patatas Torres Announces Sparkling Wine Flavored Potato Chips

Patatas Torres Annou...

  The Spanish company Patatas Torres has recently release...

Microwaveable Retail Potato Segment Sees Continued Growth

Microwaveable Retail...

  A recent study on the microwaveable/steamable fresh pot...

Dieffenbach's Potato Chips Partners with VivaKids to Fight Hunger

Dieffenbach's Potato...

  Dieddenbach’s Potato Chips has announced that they will...

Little Potato Company Inaugurates New US Processing Plant

Little Potato Compan...

  Canadian firm The Little Potato Company held a ceremony...

POOOF! Introduces New Potato Kettle Chips

POOOF! Introduces Ne...

  POOOF!, the newly launched brand from the Indian compan...

Lay’s Announces ‘Do Us a Flavor’ Contest Finalists

Lay’s Announces ‘Do ...

  Lay’s has announced the three finalist potato chip flav...

Nottingham University and Pipers Crisps Develop Science of Crisps

Nottingham Universit...

  Pipers Crisps, one of Britain’s best-known crisp brands...

Side Delights Launchs Farmers Table Organic Russet Single Wrapped, Microwaveable Potato

Side Delights Launch...

Fresh Solutions Network is taking to the Organic Produce S...

Scarborough Borough Council Approves McCain Plant Expansion

Scarborough Borough ...

  Scarborough Borough Council has formally recommended ap...

Cornell University Publishes Organic Production and IPM Guide for Potatoes

Cornell University P...

  The practical potato production Guide was compiled by a...

Canada Approves Three New Types of GMO Potatoes

Canada Approves Thre...

  Three types of potatoes genetically engineered by an Id...

Cavendish Farms to Build Two New Modern Storage Facilities

Cavendish Farms to B...

  Prince Edwards Island's major potato processor Cavendis...

 Drones Measure Nitrogen Application in Potato Farming

Drones Measure Nitr...

  The researchers at Wageningen University Research ann...

Boise State Researchers Awarded IGEM Grant to Combat Potato Rot

Boise State Research...

  Boise State University researchers Harish Subbaraman, D...

Researchers Engineer Heat Tolerance in Potato Crops

Researchers Engineer...

  Scientists at the James Hutton Institute and the Univer...

Taiwan to Control Imports of GMO Potatoes

Taiwan to Control Im...

  Agriculture authorities in Taiwan say they are prepared...

Boise State University Develop Sensor for Potato Rot

Boise State Universi...

  Boise State University researchers Harish Subbaraman, D...

Simplot Postpones the Introduction of Innate Potatoes in Canada

Simplot Postpones th...

  Simplot Plant Sciences, the company that developed the ...

Brazil, Russia, India and China are all set to be in the top five grocery markets for the first time by 2015 according to latest figures released by international food and grocery analysts IGD.

China's strong growth is set to continue with its grocery market forecast to overtake the US in 2012, largely due to the impact of the prolonged recession in the US and quick recovery in China. This will make it the largest grocery market in the world and in 2015 it will be worth €1,042bn.

Growth in Russia is predicted to accelerate over the next four years with its grocery market doubling in value from €194bn to €394bn in 2015 - taking it from seventh to fourth position.
The Indian grocery market, which has been steadily climbing up the ranks in recent years, is predicted to reach third place in 2015 and be worth €428bn.

Brazil's grocery market, currently ranking fifth, has overtaken France for the first time this year and is set to retain this position in 2015 with an estimated value of €330bn.

Joanne Denney-Finch, chief executive, IGD, said: "It is not surprising that the BRIC countries are forecast to be in the top five global grocery markets in the next four years. The effect of the global recession on developed markets has accelerated their relative growth, and the pace at which their economies are developing is phenomenal.

"In 2015, the combined grocery markets of Brazil, Russia, India and China will be worth €2,194bn and they will have a collective population of more than 3 billion people. Many retailers and manufacturers have already built a strong presence in these countries, but for those that haven't, it is vital that they incorporate the BRIC markets into their strategic planning in order to sustain business growth."

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