Latin America faces climate change pressure

Latin American countries are beginning to address the issue of environmental preservation. This is important for the region as it contains the Amazon rainforest, and numerous oil and gas reserves in countries such as Venezuela, Ecuador, Peru, Brazil and Bolivia. However, efforts to minimize environmental damage will be undermined by insufficient funding. New initiatives to prevent environmental degradation may create jobs while encouraging new business opportunities.
Source: Euromonitor International

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Market Overview -  Drink – Q2 2010

 

Colombia is the world’s second-largest producer of coffee — after Brazil — and also has a relatively large domestic market for coffee. Despite the current global economic downturn, the Colombian coffee industry seems well positioned to weather and even benefit from the effects of falling fuel and commodity prices and the National Federation of Colombian Coffee Growers (Fedecafe) feels that coffee — particularly Colombian coffee — is in a relatively secure position compared with many other goods.
Source: WorldMonitor International

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Prices could rise

AS IF the water rationing is not bad enough, comes the stark warning from several farmers yesterday that with the unusually harsh dry season taking a toll on crops leading to decreased production, the prices of several popular vegetables could rise within a month. Paramin farmer Diedra Pierre said some farmers have even decided to temporarily abandon farming and look to other trades as a means of making a living.
Source: Trinidad Newsday (24/02/10)   http://www.newsday.co.tt/business/0,116262.html

Knowledge hunger in emerging markets: How consumers are grasping opportunities

As companies approach saturation point in terms of product and service take-up in the developed world, many are looking to emerging markets to expand their reach and build momentum. Consumers in emerging markets present a vast, still largely untapped customer base hungry for products and services as diverse as teach-yourself-English CDs, DVDs, and books on leadership coaching. Consumers want tools that will help them acquire or improve skills to enable them to do their current job better, and thereby maximise their earning power, and to educate themselves or their children into a higher status, higher paid job.
Source: Euromonitor International

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ANSA McAL moves to expand in Jamaican market

AS it continues to implement and push forward with growth and expansion strategies for 2010, the ANSA McAL Group in Trinidad and Tobago has moved to expand its presence in Jamaican markets with products from its Manufacturing Sector now being distributed by partnering with the renowned company Quality Dealers Limited in Jamaica.
Source: Trinidad Newsday (28/02/10)   http://www.newsday.co.tt/businessday/0,116001.html

 

Enzymes – a Threat to Emulsifiers?

Bakery products are extremely important to the emulsifier industry, accounting for 36% of total emulsifier consumption in 2009. Emulsifiers are particularly important in the manufacturing of bread where they act as dough strengtheners and softeners. However, the relatively high cost of these ingredients is leading some manufacturers to seek alternatives. Enzymes have been used in the bakery industry for many years to replace emulsifiers, which not only help reduce costs for the manufacturer, but also result in cleaner labelling (enzymes aren’t required to be listed on ingredient declarations). When enzymes were first introduced, there was fear from the emulsifiers industry that they would replace emulsifiers entirely, but this hasn’t been the case.
Source: Euromonitor International

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