...Source: BMI Food spending will see strong growth in Asia over the five years to ----, with growth accelerating over the second half of our forecast period. ...Source: BMI Food spending will see strong growth in Asia over the five years to ----, with growth accelerating over the second half of our forecast period. We forecast food sales to grow at a five-year CAGR of -.- up to ----. ...Developing markets will increasingly adopt formal retail as disposable incomes rise, which will increase purchases of packaged food staples. Developing markets will support overall food sales growth and growth in the bread, rice and cereals category, which will grow at a CAGR of -.- up to ----.
...Asia Non-Alcoholic Drinks Sales --------- Non-alcoholic drinks, sales, USDmn (LHS) Non-alcoholic drinks, sales, USDmn, growth y-o-y (RHS) ---- ---- ----f ----f ----f ----f ----f - ---,--- ---,--- ---,--- - -- -.- - -.- f = BMI forecast. Source: BMI Similar to our food forecasts, the non-alcoholic drinks market will see improved spending growth over ---- and accelerating spending growth from ----. ...Asia Non-Alcoholic Drinks Sales --------- Non-alcoholic drinks, sales, USDmn (LHS) Non-alcoholic drinks, sales, USDmn, growth y-o-y (RHS) ---- ---- ----f ----f ----f ----f ----f - ---,--- ---,--- ---,--- - -- -.- - -.- f = BMI forecast. Source: BMI Similar to our food forecasts, the non-alcoholic drinks market will see improved spending growth over ---- and accelerating spending growth from ----. We forecast non-alcoholic drinks sales to grow at a five-year CAGR of -.- up to ----. ...Growth in the segment will be driven by rising disposable incomes and a well-established coffee culture in developed markets. Companies such as Unilever and Nestle stand to benefit from strong growth in the segment.
...Demand for more high-protein diets will shape consumption throughout the region. This trend will be more pronounced in Indonesia, Thailand and the Philippines, where demand for dairy and the meat and poultry categories will be high. ...Demand for more high-protein diets will shape consumption throughout the region. This trend will be more pronounced in Indonesia, Thailand and the Philippines, where demand for dairy and the meat and poultry categories will be high. We forecast dairy sales to grow at a CAGR of -.- over our five-year period, while meat and poultry sales grow at a CAGR of -.- over the same period. ...
