Global Beverage Trade and Company Overviews slide image

Global Beverage Trade and Company Overviews

New Zealand firms continue to develop a range of innovative new beverage products THREE HORIZONS OF GROWTH - Beyond its mature core export products (Horizon 1), New Zealand has both a strong range of emerging export stars (Horizon 2) and continues to innovate and produce new, viable export options (Horizon 3) HORIZON 2: EMERGING EXPORT STARS - - In Horizon 2, New Zealand is building a range of emerging export products Two beverage products emerge as "growth stars" - cider and other flavoured beverages - from an evaluation of ten years of product- level trade growth Cider exports are growing and the product leverages New Zealand's strengths in apples and other fruit; performance of peers suggest stronger growth is possible in this rapidly developing category "Other flavoured beverages" [OFB] exports are growing and while currently highly reliant on the Australian market are also beginning to achieve strong growth into East and South-East Asia HORIZON 3: NEW, VIABLE OPTIONS - - - - In Horizon 3, New Zealand is creating and nurturing a wide range of viable options for future export success Four broad global consumer mega-trends are driving growth and new product development in the food & beverage industry New Zealand beverage products succeeding on-shelf in export markets are aligned with these trends These trends drive new product development, through (1) packaging, (2) product, (3) category and (4) channel innovation; success, however, often comes down to implementation and execution New Zealand beverage firms are delivering on packaging-driven innovation - New Zealand beverage firms are delivering on product-driven innovation - New Zealand beverage firms are delivering on category and channel innovation CORIOLIS 51
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