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Frost & Sullivan's Global Economic Outlook on the Food & Beverage Market

Posted on: Wednesday, 25 February 2009, 16:23 CST

MOUNTAIN VIEW, Calif., Feb. 25 /PRNewswire/ -- The Chemicals, Materials & Food practice at Frost & Sullivan is pleased to announce its 2009 Quarterly Analyst Briefing Presentation on the North American food & beverage market, to be held on Thursday, February 26, 2009 at 8:00 a.m. PST.

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In 2008, the ailing economy has adversely impacted most industries, including the food & beverage (F&B) industry. In addition to the economic slowdown, supply chain issues, such as ingredient availability, and vendor pricing have continued to put pressure on F&B manufacturer margins. From the farmer's field to the consumer's fork, the food & beverage industry is facing a wide set of challenges, and industry reaction will transform the future of this industry.

This presentation reviews the issues of the slowing economic environment on F&B industry supply chains and price volatility in 2008. In addition, this briefing discusses the primary strategies currently adopted by current industry participants within this uncertain environment. Finally, this briefing assesses various strategic actions companies can implement in order to grow their businesses in these challenging times.

This briefing will benefit decision makers and business strategy implementers in F&B manufacturing companies, distributors, and ingredient suppliers, by discussing emerging trends and providing forward projections for the Global Food & Beverage Industry.

"Growth in specialty food and beverage categories may be constrained, as the average consumer's food budget shrinks," states Food Industry Research Analyst Christopher Shanahan. "The economic slowdown is expected to temporarily constrain consumer spending on food and beverages that employ premium pricing strategies. However, the demand for products with enhanced health and wellness benefits is expected to remain in place. Consumers are going to maintain their health and wellness goals by clipping more coupons and choosing more store or private label brand alternatives."

To participate, please email Stephanie Ochoa, Corporate Communications, at stephanie.ochoa@frost.com with the following information: your full name, title, company name, company telephone number, company email address, city, state and country. Upon receipt of the above information, a registration link will be emailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

Contact: Stephanie Ochoa Corporate Communications - North America P: 210.247.2421 F: 210.348.1003 E: stephanie.ochoa@frost.com http://www.frost.com

SOURCE Frost & Sullivan

Source: PR Newswire

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