“Global Food Industry Survey 2012–2013: Industry Dynamics, Market Trends and Opportunities, Buyer Spend and Procurement Strategies” is a new report by Canadean that analyzes how global food manufacturer industry companies’ procurement expenditure, business strategies, and practices are set to change in 2012–2013. This report provides data and analysis on category-level spending outlooks, budgets, supplier selection criteria, business challenges, and investment opportunities of leading purchase decision makers in the global food manufacturing industry. The report also identifies future growth of food manufacturers and suppliers, M&A, and e-procurement in the global food manufacturing industry. This report not only grants access to the opinions and strategies of business decision makers and competitors in the global food manufacturers’ industry, but also examines their actions surrounding business priorities. The report also provides access to information categorized by region, company type, and size.
 
 Introduction and Landscape
 Why was the report written?
 This report is the result of an extensive survey drawn from Canadean’s exclusive panel of leading global food manufacturer industry executives. The report provides data and analysis on buyer expenditure, procurement, and developments within the global food manufacturers’ industry. This report includes key topics such as global food manufacturers’ industry expenditure and procurement behaviors and strategies. This report identifies the threats and opportunities within the global food manufacturing industry, economic outlook trends, and business confidence within global manufacturer industry executives.Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry. In an effort to bridge this gap, Canadean created this primary research-based report by gathering the opinions of multiple stake holders in the value-chain of the global food manufacturers’ industry. http://www.bharatbook.com/market-research-reports/food-market-research-report/global-food-industry-survey-2012-2013-industry-dynamics-market-trends-and-opportunities-buyer-spend-and-procurement-strategies.html
 
 What is the current market landscape and what is changing?
 Executives from global food manufacturer companies expect increased levels of consolidation in their industry over the next 12 months, with 45% of respondents anticipating at least some increase in M&A activity. Furthermore, 35% of respondents expect ‘no change’ in M&A activity over the next 12 months. Industry Analysis
 
 What are the key drivers behind recent market changes?
 M&A activity is expected to increase as a result of margin pressure on manufacturers, increasing cost pressures, new consolidation opportunities, and the weak liquidity position of many small companies. The need to manage new cost or demand pressures, comply with procedures, reduce operational expenses, and attain economies of scale is also expected to drive M&A activity in the global food manufacturers’ industry.
 
 What makes this report unique and essential to read?
 “Global Food Industry Survey 2012–2013: Industry Dynamics, Market Trends and Opportunities, Buyer Spend and Procurement Strategies” is a new report by Canadean that analyzes how global food manufacturer industry companies’ procurement expenditure, business strategies, and practices are set to change in 2012–2013. This report provides data and analysis on category-level spending outlooks, budgets, supplier selection criteria, business challenges, and investment opportunities of leading purchase decision makers in the global food manufacturing industry. The report also identifies future growth of food manufacturers and suppliers, M&A, and e-procurement in the global food manufacturing industry. This report not only grants access to the opinions and strategies of business decision makers and competitors in the global food manufacturers’ industry, but also examines their actions surrounding business priorities. The report also provides access to information categorized by region, company type, and size.
 
 Key Features and Benefits
 Project industry trends and revenue growth expectations in 2012 and make informed business decisions.
 Drive revenues by understanding future product investment areas and key growth regions.
 Uncover key challenges and opportunities, and identify key actions required to win and maintain food manufacturers’ business.
 Formulate effective sales and marketing strategies by identifying how buyer budgets are changing and direction of spend in the future. Better promote your business by aligning your capabilities and business practices with your customer’s changing needs.
 Secure stronger customer relationships by understanding the behavior and changing strategies of industry buyers.
 
 Key Market Issues
 Global food manufacturer industry respondents identify China to be the most important region for growth among emerging markets, along with India and the Middle East. Furthermore, Brazil and Indonesia are considered the two most important emerging markets by respondents from food manufacturing companies. With strong economic growth in China and India, along with a significant increase in household income, possibility of reduction in food prices due to ease of agri commodity prices, and changes in consumer attitude towards processed and healthy foods, makes them attractive to foreign investors.
 
 Among food manufacturers, 59% of respondents rate ‘responding to pricing pressure’ as the most important business concern in 2012, while 52% highlight ‘cost containment’. Food manufacturers highlight factors such as weather disruptions, increasing raw material prices, and increasing merger and acquisition activity as pricing pressure issues. Respondents operating in North America and the Rest of the World identify ‘responding to pricing pressure’ and ‘cost containment’ as leading business concerns in 2012. Furthermore, respondents from companies with leading operations in Europe identify ‘responding to pricing pressure’ and ‘market uncertainty’ as the leading business concerns in 2012.
 
 The average size of the global annual procurement budget among food manufacturer industry respondents is forecast at US$173 million for 2012. A comparison of global procurement budgets by operating region shows that global food manufacturer industry buyers with leading operations in North America have the highest average procurement budgets in 2012, at US$250.2 million.
 
 ‘Quality’, ‘price’, ‘level of service’, and ‘supplier’s record for reliability’ are considered important factors for supplier selection in the global food manufacturing industry, while ‘supplier’s environmental record’, ‘proximity of supplier operations’, and ‘supplier’s CSR reputation’ are considered the least important. Food manufacturer respondents are prioritizing procurement objectives such as ‘internal operating cost reductions’, ‘locate lower cost sources of supply’, and ‘pursue joint cost reduction efforts with selected suppliers’ for the next 12 months.
 
 The optimism level in the global food manufacturing sector is expected to be fuelled by increased consumer demand towards health and wellness oriented food products.
 
 For more information kindly visit :
 Global Food Industry Survey 2012-2013: Industry Dynamics, Market Trends and Opportunities
 
 Or
 
 Bharat Book Bureau
 Tel: +91 22 27810772 / 27810773
 Fax: + 91 22 27812290
 Email: info@bharatbook.com
 Website: www.bharatbook.com
 Follow us on twitter: http://twitter.com/#!/Sandhya3B
 https://twitter.com/#!/bharatbook