Monday, 20 February 2017

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Exclusive: Number of Equipment Suppliers on the Ri...

  The number of companies which exhibit technical solutions and machines for vegetables and fruit...

Opportunity to Explore Automation at the European Cold Chain Conference

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New Ag International Academy Prepares Courses for 2017 and 2018

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  New Ag International has designed a 10-day program to prepare decision makers to contribute to ...

Public Discussions on Use of “Healthy” Labeling

Public Discussions on Use of “Healthy” Labeling

  The U.S. Food and Drug Administration (FDA) has announced a public meeting to discuss the use of the...

Royal Cosun’s Growth Driven By Aviko

Royal Cosun’s Growth Driven By Aviko

  Royal Cosun, the parent company of Aviko, announces an increase in its profit for 2016 in comparison...

EU Commissioner Calls on Regions to Contribute to CAP Consultation

EU Commissioner Calls on Regions to Contribute to CAP C...

  EU Commissioner for Agriculture and Rural Development, Phil Hogan, said that the aging farming popul...

Tomra Launches Customer Service Center in Istanbul

Tomra Launches Customer Service Center in Istanbul

  Tomra Sorting Food has launched its first customer service center in Istanbul, Turkey, to expand fur...

 SCOPE Receives EUR1m to Research Potato Crop Disease

SCOPE Receives EUR1m to Research Potato Crop Disease

  Tyndall National Institute, Dublin City University (DCU) and Teagasc have received an investment of ov...

Lamb Weston / Meijer Invests in FAM Cutting Machines

Lamb Weston / Meijer Invests in FAM Cutting Machines

Lamb Weston / Meijer will invest in FAM cutting machines, for the plant in Bergen op Zoom, which proces...

Exports of Frozen and Fresh Potatoes Continue to Grow

Exports of Frozen an...

  U.S. exports of frozen and fresh potatoes continued to ...

NEPG Notices Reduced Crops for the Current Season

NEPG Notices Reduced...

  The scarcity of seedlings could reduce crop rises annou...

Tostitos Creates “Party Safe” Bag

Tostitos Creates “Pa...

  Tostitos created the "Party Safe" bag – a bag...

Farm Frites Could Build French Fries Plant in Kazakhstan

Farm Frites Could Bu...

  Deputy Prime Minister of Kazakhstan and Minister of Agr...

French Potato Association Considers Building a Potato Processing Facility

French Potato Associ...

    Global demand for products from processed potatoes, pa...

FSA Starts Campaign Anti-Acrylamide in Home Cooked Foods

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  Food Standards Agency (FSA) is launching ‘Go for Gold’ ...

Pringles Introduces New Range of "Loud" Crisps

Pringles Introduces ...

    Pringles is introducing new line-up – Pringles Loud,...

Potato Chips Recalls Due to Salmonella Risk

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  Potato chips producers Herr Foods, Snyder of Berlin, Bi...

Farm Frites Launches Its Ultimate Chip

Farm Frites Launches...

 Potato grower and manufacturer Farm Frites has announced ...

First UK Deposit in Global Seed Vault

First UK Deposit in ...

  The Commonwealth Potato Collection (CPC), an invaluable...

Cool Farming Tool Proves Sustainability of Potato Culture

Cool Farming Tool Pr...

  Since last autumn, the farmers and the professionals in...

Agreement on Genome-Analysis Technology

Agreement on Genome-...

  Monsanto Company and NRGene announced that they have re...

New Method to Capture Disease-resistant DNA for Plants

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  Scientists have developed and improved technique for ca...

New “Focus on Potato” Webcast Helps Growers Manage White Mold Infections

New “Focus on Potato...

The Plant Management Network (PMN) has released a new pres...

McDonald’s Chooses New Potato Varieties for Fries

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Potato Growers Get Help to Fight with Late Blight Pathogen

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  The Plant Management Network (PMN) has released in Nove...

Potandon Produce Adds a New Organic Potato Supply Point

Potandon Produce Add...

  Potandon Produce LLC, the industry leader in fresh pota...

Cornell University Receives State Grant to Fight against Golden Nematode

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 Cornell University received a USD1.2m boost in new state ...

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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