Factors and Market

IK
by Ilia Kondakov1 view·Updated Jun 24, 2021

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  1. Hello Aaron.
  2. This is really can take off today.
  3. I want to present you marketing plan for Sofina Foods
  4. are going to take a look at the external influences
  5. that can impact the industry as well as marketing analysis
  6. of european cheeky market and find out if there is
  7. an opportunity for Sofina foods to engage through this market.
  8. But for now, let's take a closer look at our
  9. company. The final food is in the industry of shipping
  10. and distribution of food commodities.
  11. Their most popular product is cheap and they have already
  12. established a strong presence in the Middle East, but today
  13. there's a new target for them expand operation into europe
  14. and let's see if there's some external influences that can
  15. impact this decision.
  16. The first thing is farming industry, large losses at the
  17. beginning of the pandemic happened in the farming industry, downfall
  18. of demand shutdown of businesses, rising unemployment, shortage of farmers.
  19. All that has been happening for the last two years
  20. and which can still, I can still see the effect
  21. of those challenges.
  22. Another thing that happened is no farmers, no food movement
  23. that is originally happened in India, but now what are
  24. Canadians and americans are heavily concerned about safety regulations and
  25. government protection of farmers.
  26. And now the industry they have been heavily affected by
  27. some of the influences is shipping downsizing of commercial cargo
  28. ships has been happening for the last two years, same
  29. reason, downfall of demand and shortage of people.
  30. But there was one accident has happened recently this year.
  31. Evergreen and it shows it shipping oversee can have some
  32. unprecedented challenges that must be accounted for but do not
  33. let it scares me.
  34. Let's take a look at the market, european market over
  35. cheap. The number of vegetarian has nearly doubled for the
  36. last four years.
  37. This is unprecedented numbers.
  38. This is huge for subpoena food is a big opportunity,
  39. but vegetarianism is one thing.
  40. And chickpeas, a product is completely different Chickpea production increase
  41. over 300% in the last year.
  42. Chip is a popular product.
  43. The number of products that launched with the B protein
  44. is increasing to 30% for the last 10 years.
  45. The chickpea market is booming.
  46. Another statistic that we can see Is that annual value
  47. of Chickpea imported to the U.
  48. has increased by 62% over the last years and will
  49. increase. It will be increasing because this is growing market
  50. and this is a huge opportunities for Sofina foods with
  51. their quality, chippy and experience in the in the industry.
  52. So now let's just sum it up.
  53. External factors.
  54. Of course, pandemic has left the shipping, distributing and farming
  55. business with several challenge that will take some time to
  56. recover and get back to normal.
  57. But market european cheapie market has grown and grown fast,
  58. and Sofina food has a real opportunity to engage and
  59. be part of this booming market.
  60. Thank you