Australia Food and Drink Report - Business Monitor International - Industry Reports

Australia Food and Drink Report

Australia Food and Drink Report - Business Monitor International - Industry Reports
Australia Food and Drink Report
Published Aug 20, 2016
73 pages — Published Aug 20, 2016
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Abstract:

Australian households will continue to face headwinds throughout the course of ----, as lower commodities prices and the associated lower levels of investment translate into a slowdown in economic activity. While the situation will gradually improve in ---- ,consumer spending will remain under pressure, before picking up from ---- onwards. ...Due to Australia s high level of GDP per capita, we believe that staple categories will be relatively unaffected by the slowdown in consumer spending. In addition, as Australian households adopt healthier lifestyles and put a greater emphasis on the quality of food, spending on food and non-alcoholic drinks will post robust growth, given the level of industry development and the saturation of the retail sector. From a long-term perspective, demographic dynamics will become less favourable for consumer-oriented industries. As in most developed markets, population growth is slowing down while the consumer base is ageing. In addition, Australia s consumer base remains small, especially compared with other markets in the

...Consumer spending will recover only slowly in ----, as the Australian economy faces the headwinds of low commodities prices. In the MGR sector, the high level of investment from German discounter Aldi and the potential market entry of Lidl will increase competition and put downward pressure on prices. ...In the MGR sector, the high level of investment from German discounter Aldi and the potential market entry of Lidl will increase competition and put downward pressure on prices. Online and convenience sub-sectors will grow strongly as leading food retailers expand other business areas in an effort to retain market share As consumers adopt healthier lifestyles, they will favour food categories with high nutritional content and turn away from foodstuff with high sugar or fat content. We expect alcohol consumption (in volume terms) to decline throughout the next five years, as ...Online and convenience sub-sectors will grow strongly as leading food retailers expand other business areas in an effort to retain market share As consumers adopt healthier lifestyles, they will favour food categories with high nutritional content and turn away from foodstuff with high sugar or fat content. We expect alcohol consumption (in volume terms) to decline throughout the next five years, as

...The cost of doing business in Australia is higher than in emerging Asian markets, where infrastructure now supports manufacturing industries. Volume consumption of alcoholic drinks has been declining in recent years amid rising health awareness and higher taxes. ...

  
Source:
Document ID
1749-2580
Country
Industry
Industry
Industry
Industry
Industry
Industry
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Australia Food and Drink Report" Aug 20, 2016. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Australia-Food-and-Drink-Report-2026-36>
  
APA:
Business Monitor International - Industry Reports. (2016). Australia Food and Drink Report Aug 20, 2016. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Australia-Food-and-Drink-Report-2026-36>
  
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