MANUFACTURING MANUFACTURERS BUYER’S GUIDE VOL. 1
With over nine billion humans expected to be living on the planet by 2050, the demand for foodand andbeverages beverage is food is only only set set to to grow. grow. New New Zealand’s Zealand’s food food and and beverage beverage market market contributes contributes billions of dollars to the economy every year. A 2018 report from the New Zealand Food and Beverage Innovation project revealed that the industry accounts for roughly 43 percent of the country’s goods and services exports. The report also stated that while the country’s six core categories are honey, infant formula, innovative foods, French cheese, lobster and milk/cream, New Zealand has a number of emerging categories such as; pet food, cherries, avocado, salmon, blueberries, mixed preserved fruit, mixed chocolate, flavoured beverages and prepared chicken. IRI is reporting that the pre-
packaged grocery market is delivering an increased dollars growth of 3.1 percent annually and a unit’s growth of 2.7 percent. Technological progression has transformed the manufacturing landscape in recent years. Consumers are demanding more transparency when it comes to the manufacturing of products. Blockchain technology and
New Zealand’s recent Country of Origin labelling bill are set to have a significant impact on the industry as is AI and robotic technology. andBeverage Beverage In this introductory issue of the Food & Manufacturing Buyer’s Guide, we feature producers at the forefront of the budding industry showcasing their brand story and services.
IRI Market Market Edge Edge Grocery, Grocery, New New Zealand, Zealand, Data Data to to MAT MAT 02/06/19 02/06/19 IRI
June 2019
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