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

Caribbean Food and Drink Report

Caribbean Food and Drink Report - Business Monitor International - Industry Reports
Caribbean Food and Drink Report
Published Aug 06, 2016
74 pages — Published Aug 06, 2016
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Abstract:

Our consumer outlook for the Caribbean will slightly improve in ----, as consumers benefit from low levels of inflation, and a strong outlook for the tourism sector. This follows improvements in the economic environment in ----, after the region was battered by the dual impact of the global financial crisis and higher commodities prices. We believe that economic performance will continue to vary across the Caribbean in ----. We highlight the Dominican Republic as the standout country, with a forecast of real private consumption growth of -.- in ----, showing some modest improvements compared with the previous years. We believe that private consumption growth will be modest in Jamaica (-.-) and the Bahamas (-.- ), while private consumption growth will remain in negative territory in Puerto Rico. ...Nonetheless, weak labour market dynamics will continue to be a key obstacle to consumer spending in markets such as Puerto Rico. As a result of poor economic and labour dynamics, the country is experiencing

...Low oil prices will boost real spending power, while strong tourist arrivals - driven by the economic recovery in the US - will also provide a boost for consumer-oriented industries. Illustrating rising demand for beer, Cerveceria Bucanero - the joint venture between AB InBev and the Cuban government - faces beer shortages due to the return of American tourists in the country. ...Low oil prices will boost real spending power, while strong tourist arrivals - driven by the economic recovery in the US - will also provide a boost for consumer-oriented industries. Illustrating rising demand for beer, Cerveceria Bucanero - the joint venture between AB InBev and the Cuban government - faces beer shortages due to the return of American tourists in the country. Due to small consumer bases, the mass grocery retail sector will receive limited interest from multinational retailers throughout our forecast period to ----, resulting in food retail standards remaining weak by global standards. ...Illustrating rising demand for beer, Cerveceria Bucanero - the joint venture between AB InBev and the Cuban government - faces beer shortages due to the return of American tourists in the country. Due to small consumer bases, the mass grocery retail sector will receive limited interest from multinational retailers throughout our forecast period to ----, resulting in food retail standards remaining weak by global standards.

...All information contained in this publication is copyrighted in the name of Business Monitor International Ltd, and as such no part of this publication may be reproduced, repackaged, redistributed, resold in whole or in any part, or used in any form or by any means graphic, electronic or mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. ...

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Source:
Document ID
1756-476X
Industry
Industry
Industry
Industry
Industry
Industry
Format:
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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. "Caribbean Food and Drink Report" Aug 06, 2016. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Caribbean-Food-and-Drink-Report-2026-597>
  
APA:
Business Monitor International - Industry Reports. (2016). Caribbean Food and Drink Report Aug 06, 2016. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Caribbean-Food-and-Drink-Report-2026-597>
  
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