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

Colombia Food and Drink Report

Colombia Food and Drink Report - Business Monitor International - Industry Reports
Colombia Food and Drink Report
Published Aug 06, 2016
67 pages — Published Aug 06, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

In the coming quarters, faltering household spending is likely to feed through to persistent weakness in the large retail and services sector of the economy. Household consumption as a share of GDP will largely hold steady in the coming decade, at --.- in ---- from --.- in ----. ...Moreover, after a boom in wage growth in the last decade saw salaries outpace productivity increases, we see a slowdown ahead as companies seek to contain costs in a lower growth environment. While Colombia was previously one of our favourite consumer markets in Latin America - the country received large inflows of foreign investment in the food and drink sector over the past couple of years - its consumer outlook has steadily deteriorated for a year or so. In the coming quarters, faltering household spending is likely to feed through to persistent weakness in the large retail and services sector of the economy. We have already seen retail sales growth under substantial pressure in the first half of the year, and with consumer confidence declining (see chart below), we expect this trend will continue in the months ahead. With the commercial sector acting as the main driver of employment, weakening sales growth is likely to see a modest increase in joblessness, ending the country s steady decline in unemployment over the last decade.

...BMI View: Growth in Colombia s food and drink industry will slow over ---- due to weakened consumer purchasing power. Elevated inflation, currency depreciation and weak labour dynamics will continue to constrain household spending growth over our forecast period. Rising health-consciousness and an expanding middle class will present growth opportunities in higher value categories. Food and Drink Spending (---------) Food, sales, COPmn Non-alcoholic drinks, sales, COPmn ---- ---- ---- ----f ----f ----f ----f ----f - --,---,--- ---,---,--- ---,---,--- f = BMI forecast. Rising health-consciousness and an expanding middle class will present growth opportunities in higher value categories. ...Food and Drink Spending (---------) Food, sales, COPmn Non-alcoholic drinks, sales, COPmn ---- ---- ---- ----f ----f ----f ----f ----f - --,---,--- ---,---,--- ---,---,--- f = BMI forecast.

...Food sales (local currency) growth y-o-y in ----: +-.- ; compound annual growth rate (CAGR) ---------: +-.- . Alcoholic drinks sales (local currency) growth y-o-y in ----: +-.- ; CAGR ---------: +-.- . ...

  
Source:
Document ID
1749-2645
Country
Industry
Industry
Industry
Industry
Industry
Industry
Format:
PDF Adobe Acrobat
Buy Now

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.

About the Author


Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Colombia Food and Drink Report" Aug 06, 2016. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Colombia-Food-and-Drink-Report-2026-366>
  
APA:
Business Monitor International - Industry Reports. (2016). Colombia 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/Colombia-Food-and-Drink-Report-2026-366>
  
US$ 1,295.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.