DUBLIN--(BUSINESS WIRE)--The "Global Vanilla - Procurement Market Intelligence Report" report has been added to ResearchAndMarkets.com's offering.
The report provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
One of the procurement best practices for buyers is to partner with suppliers that actively pursue M&A and strategic partnerships. Due to the rising demand for vanilla beans, global suppliers are looking to pursue M&A and strategic partnerships with regional suppliers.
According to the report, one of the key growth contributors for the global vanilla market is the rapid growth in bakery and confectionery market across emerging and developing economies, especially in APAC, such as India, China, and Thailand.
Further, the report states that major procurement challenge experienced by the buyers is the inaccuracy in forecasting demand. This makes it necessary for the buyers to ensure that they have a highly accurate demand forecasting model for vanilla products.
Key Topics Covered
1. Category at a Glance
2. Scope of the Report
3. Market Insights
4. Supply Market Insights
5. Pricing Insights
6. Procurement Insights
7. Top Five Suppliers
For more information about this report visit https://www.researchandmarkets.com/research/8fsbk4/vanilla?w=4