Europe: Most ‘Appetizing’ Region for Food Industry
The U.S., China and Germany remain in the top three on the index of markets with the most export opportunities / Illustration: Vademecum on Food and Beverage Markets 2015 by IESE and Deloitte
The U.S., China and Germany continue to hold the top three spots on the attractive index included in the Vademecum on Food and Beverage Markets 2015, by IESE and Deloitte.
Five of the top 10 countries are European: Germany (third), U.K. (fifth), France (seventh), Netherlands (eighth) and Italy (ninth).
These results mean that Europe is one of the most “appetizing” continents for exports.
The report, led by Professor Jaume Llopis and researcher Júlia Gifra, analyzes 82 countries across data on six key indicators: ease of doing business, legal safeguards, per capita GDP, per capita spending on food and beverages, size of overall population and number of middle-class homes.
The only change in the top 10 this year is in the last two spots: Italy and Canada move up and Russia drops out due to a decrease in GDP, the size of its middle class, consumption and imports.
Top 10 Countries for the Food and Beverage Industry
News by Country
News by Category
The Case of Spain
Spain moved up three spots (from 16 to 13) in its attractiveness due to an increase in imports and exports and improvements in its legal framework, per capita GDP and food and beverage spending, which increased 3 percent from 2013 to 2014. Spain finds itself in the top 10 exporters of wine and fruit (third), fats and oils (fifth) and meat and fish (sixth). Exports of Spanish beer have increased 24 percent since 2012.
This attractiveness index is part of the third edition of the Vademecum on Food and Beverage Markets 2015, a thorough study that serves as a guide to companies from the industry that want to open up to new markets.
The Vademecum contains specific data like import and export volumes for various product categories, demographic distribution and population projections up to 2025, average prices on certain products, as well as the main distributors and brands in each market.