Taiwan Food and Drink Report 2016 - Business Monitor International - Industry Reports

Taiwan Food and Drink Report 2016

Taiwan Food and Drink Report 2016 - Business Monitor International - Industry Reports
Taiwan Food and Drink Report 2016
Published Jan 16, 2016
88 pages — Published Jan 16, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Taiwan has one of the highest per capita food spends in the region, fuelled by relatively high disposable incomes and a strong preference for convenient, healthy and hygienic produce, which comes at a higher cost. Improved cross-Strait ties will allow manufacturers to target the mainland without having to invest heavily in new production facilities and without having to wait for sufficient demand to warrant new plant investment. ...Taiwan has one of the highest per capita food spends in the region, fuelled by relatively high disposable incomes and a strong preference for convenient, healthy and hygienic produce, which comes at a higher cost. Improved cross-Strait ties will allow manufacturers to target the mainland without having to invest heavily in new production facilities and without having to wait for sufficient demand to warrant new plant investment. Improved trade relations with China represent a new, far higher growth distribution opportunity for Taiwanese beverage manufacturers. ...Private label products are proving increasingly popular, with many retailers extending the range of items offered as a means of improving their range without having to increase sales space. Value-added services continue to act as a means of boosting consumer loyalty, with local consumers particularly susceptible to convenience and premium services.

...Figures from both the expenditure and production accounting methods indicate that the country s all- important export-oriented manufacturing sector is facing significant headwinds from the slowdown in China and reduced global demand for tech products. On the expenditure side, exports continued contracting for the second consecutive quarter, coming in at --.- y-o-y in Q--- (versus a contraction of -.- in the previous quarter). ...Figures from both the expenditure and production accounting methods indicate that the country s all- important export-oriented manufacturing sector is facing significant headwinds from the slowdown in China and reduced global demand for tech products. On the expenditure side, exports continued contracting for the second consecutive quarter, coming in at --.- y-o-y in Q--- (versus a contraction of -.- in the previous quarter). From the production side, both manufacturing and the electricity and gas supply sectors registered ongoing contractions. ...At approximately -- , private consumption comprises a fairly large share of Taiwan s GDP. Given our forecast for private consumption growth to outpace headline real GDP growth over the long term, we expect private consumption s share of the economy to slowly rise over the next -- years.

...The food processing industry is large and well developed. Taiwan has numerous highly developed, competitively run food sub-sectors, including instant noodles. ...

  
Source:
Document ID
1749-3005
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Industry
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Taiwan Food and Drink Report 2016" Jan 16, 2016. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Taiwan-Food-and-Drink-Report-2016-2026-1107>
  
APA:
Business Monitor International - Industry Reports. (2016). Taiwan Food and Drink Report 2016 Jan 16, 2016. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Taiwan-Food-and-Drink-Report-2016-2026-1107>
  
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