COVID-19 Impact on WH Group, 2021 Update

COVID-19 Impact on WH Group, 2021 Update, reports key findings as of 19th November, 2021 based on market analysis and brand diversification by industry and geography.

WH Group is one of the leading companies in the meat sector in Asia and North America and generates the majority of its revenue from these two regions. The company caters to the meat, prepared meals, and savory and deli foods sectors under well-established brands. Furthermore, the company's investments in health initiatives as part of its sustainability goals and automation of its production facilities are expected to expand its sales over the forecast period. However, WH Group's limited geographical presence might hamper its growth prospects compared to its larger competitors.

Scope

• Countries in Asia-Pacific are expected to recover well, but the prospects show a mixed picture on a country-by-country basis rather than the global region
• Asian food industry is expected to register a CAGR of 5.3% during the forecast period 2020-2025?
• WH Group has its presence in the food industry, with various established brands
• The latest forecasts show all industries are expected to have a positive outlook during 2020-2025, and alcoholic drinks will grow the fastest, backed by premiumization in selected sectors
• Asia presents ample growth opportunities for WH Group over the forecast period

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