China and India Expected to Provide Stiff Competition to the United States in Chemicals, Materials and Foods Industries.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c46551) has announced the addition of Frost & Sullivan's new report: Economic Analysis for the U. S. Chemicals Materials and Foods to their offering. The U.S. chemicals and materials industry is the largest in the world, and along with Japan and Germany, it accounts for more than half of the global production. This industry contributes 1.9 percent to the country's gross domestic product (GDP GDP (guanosine diphosphate): see guanine. ), making it the mainstay of the economy. The food and beverages F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. industry is one of the biggest in the U.S. manufacturing sector and ranks fourth among all the industries in the country. This excellent ranking can be attributed to the growing consumer awareness on health and environment issues and the effective marketing and promotional efforts of the retail sector. General economic policies have had a positive bearing on the chemicals, materials, and food (CMF CMF Christian Medical Fellowship CMF Compressed Mortality File CMF Content Management Framework CMF Council of Michigan Foundations CMF Congressional Management Foundation (Washington DC, USA) CMF Code Monétaire et Financier ) industry and industry-specific policies have largely facilitated its development. Nevertheless, with greater globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation , Asian countries Noun 1. Asian country - any one of the nations occupying the Asian continent Asian nation country, land, state - the territory occupied by a nation; "he returned to the land of his birth"; "he visited several European countries" such as China and India are expected to provide stiff competition to the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Despite being the largest economy in the world, the United States has continued to show growth potential and registered a growth rate of 3.5 percent in 2005. However, the current boom in the housing market and rising oil prices are increasing inflation. To take advantage of the economies of scale, chemicals and materials companies set up units close to end-user markets or in regions rich with natural resources. The industry has grown with an increase in prices, sales, and profits. Since food and beverages is a major industry in the United States, it is less vulnerable to economic changes. The cosmopolitan cos·mo·pol·i·tan adj. Growing or occurring in many parts of the world; widely distributed. n. A cosmopolitan organism. culture in the country also greatly aids the growth of this industry. The Chemicals, Materials, and Foods Country Industry Forecast service provides vital inputs for evaluating the attractiveness of a country and its CMF industry. Besides enabling decision makers to assess the impact of non-market forces, it also helps in identifying new market opportunities. This service provides a strong base for preparing contingency plans A plan involving suitable backups, immediate actions and longer term measures for responding to computer emergencies such as attacks or accidental disasters. Contingency plans are part of business resumption planning. . In addition, investors can assess industry-specific risk factors as well as conduct in-depth micro research. * Economic Overview * Economic Overview * Economic Trends * Composition of the GDP * Personal Consumer Expenditure * Consumer Confidence Index Consumer Confidence Index A measure of consumer views regarding the current economic situation and consumer expectations for the future. Information for the index is compiled and released on the last Tuesday of each month by the Conference Board, an * Economic Forecasts * U.S. Chemicals and Materials Industry * Chemicals and Materials Industry * Industry Overview * Key Industry Indicators * Output * 2. Trade * 3.Consumption * 4. Financial Performance of Key Chemicals and Materials Companies * 3. U.S. Food and Beverages Industry * Food and Beverages Industry * Overview * Key Industry Indicators * Output * Trade * Consumption * Implications of Economic Trends * Implications of Economic Trends * Implications of Economic Trends on the Chemicals Materials and Food Industry For more information visit http://www.researchandmarkets.com/reports/c46551 Source: Frost & Sullivan |
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