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FMCG Industry Business Confidence Report - H1 2017

FMCG Industry Business Confidence Report - H1 2017

  • February 2017
  • 45 pages
  • ID: 3659912
In this report:
For example, in January 2017, Nestle announced the launch of a new manufacturing facility at its plant in Kurunegala, Sri Lanka, to expand the production capacity of its dairy and coconut based products.
Evidencing the trend, confectionery company Mondelez has launched a new brand Cadbury Fuse in India, with the intention to expand its premiumization in the countline space in India during 2017.

Summary

Table of Contents

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Brief

The existing economic environment is stable for the FMCG industry, and customer confidence levels will remain positive during H1 2017. Survey results reveal that executives who operate in the Asia-Pacific and North America project a more favorable opinion about economic prospects in the region for H1 2017. In the U.S., a rise in personal disposable income and household spending, increasing consumer confidence, fall in unemployment rate, expected rise in GDP increase rate, and positive prospects for oil prices, are identified as the top contributing factors to this favorable opinion. The FMCG industry is anticipated to record bigger expenditure towards additional product development and marketing and advertising in H1 2017. Moreover, executives who operate in North America (NA) highlighted a focus on improving operational efficiency over the next six months.

Main highlights

- In total, 44.0 percent of survey respondents state that the current economic environment is stable, whereas 22.0 percent of respondents indicated that the economic condition is very favorable or favorable

- The positive outlook towards company growth over the next six months is more important among executives with business operations in Europe (EU)

- The majority of respondents with business operations in North America continent anticipate a meaningful increase in consumer confidence during the next six months

- Globally, 39.0 percent of FMCG industry executives expect an increase of 2.0 percent to ~6.0 percent in the supplier prices of ingredients during the next six months

- Industry executives across the globe highlight the growing tax burden and regulatory issues as pressing economical concerns that are likely to impact their company’s performance over the next six months

Abstract

Overall Data’s FMCG Industry Business Confidence Report examines executives’ opinion about the business environment during H1 2017. It also highlights existing economic conditions, supplier price variations, sales performance, industry and company growth outlook, spending patterns, and main priorities. On top of, The study offers data categorized by region.

Why purchasing this study can help you?

- Current state of the overall economy: examines prevailing economic conditions globally and across several regions

- Company and industry growth outlook: offers industry executives’ expectations towards the growth prospects of their company and the industry over the next six months

- Change in customer confidence: examines FMCG industry executives’ opinion about the change in customer confidence during H1 2017

- Supplier prices projection: determines expected change in supplier prices across different categories and their impact on business confidence

- Change in staff headcount and sales performance: tracks expected change in staff headcount and sales for H1 2017 among industry executives globally

- Significant investment activities: features several areas in which industry executives intend to invest over the next six months

- Business concerns: offers info about plausible business concerns indicated by survey respondents for H1 2017

- Key priorities: determines the best priorities of industry executives operating in different regions

Great reasons to purchase

- Benefits organizations to make effective business strategy decisions by knowing the prevailing business conditions and sentiment within the FMCG industry

- Organizations will be supported in business expansion decisions by providing information about projected change in sales performance and supplier prices

- Helps to improve operational efficiency of the organization by knowing about top priorities and the principal concerns of FMCG industry executives

- Helps to alter investment allocation by understanding main focus areas highlighted by survey respondents during H1 2017

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