Last Update: July 2024
Strenghts
  • Steady and growing market thanks to growing population
  • High pricing power for most companies and producers
  • Diverse market with growing demand for alternative products (proteins, plant-based etc.)
Weaknesses
  • Vulnerable to climate change: More frequent and severe floods and droughts affect crops and livestock
  • Food-processing and packaged-food companies continue to struggle with high energy, transportation and input costs.
  • Labor shortages, especially in the upstream segment and in Western Europe
  • Global inflation has exacerbated price competition