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

Europe Food and Drink Report

Europe Food and Drink Report - Business Monitor International - Industry Reports
Europe Food and Drink Report
Published Jul 02, 2016
53 pages — Published Jul 02, 2016
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Abstract:

...Source: BMI We forecast spending on food across the Europe region to grow from USD-.-trn in ---- to USD-.-trn in ----. ...After a difficult --------- two-year period, we believe there will be a strong rebound in food spending over ---------, with growth generally exceeding - y-o-y. There are some divergent trends playing out in the continent between the more developed and saturated markets of Western Europe compared to Central and Eastern Europe (CEE), where there are still some underpenetrated growth opportunities. Meat and poultry represents the largest category of spending in our forecasts, and this will remain unchanged over the next five years. However, we do see its share of total food sales declining from --.- in ---- to --.- in ----, as other categories see stronger growth. One area of growth in particular is that of dairy, which represents the second largest sub-segment and will increase from --.- to --.- over the

...Source: BMI Non-alcoholic drinks sales are experiencing a similar pattern to food, with a recovery forecast over the latter part of the period. ...Coffee, teas and hot drinks are driving this growth, despite being the smaller of the two categories that make up our non-alcoholic drinks segment. We forecast this category to grow from --.- to --.- of spending for non-alcoholic drinks between ---- and ----, averaging -.- compound annual growth rate (CAGR), higher than that of the headline figure. Coffee and tea continue to perform well in developed markets, where tastes are becoming more sophisticated and consumers continue to spend on premium products. ...Coffee and tea continue to perform well in developed markets, where tastes are becoming more sophisticated and consumers continue to spend on premium products. In developing markets also, the increased Westernisation of diets and untapped markets are providing attractive growth opportunities for coffee and tea producers.

...In developed markets, we see the risk of a slowdown in traditional dairy products, as there has been a number of studies and government guidelines advising people to reduce their daily intake. ...In developed markets, we see the risk of a slowdown in traditional dairy products, as there has been a number of studies and government guidelines advising people to reduce their daily intake. However, we see strong opportunities in segments such as soya milk, almond milk and Greek yoghurt, which are growing in popularity and should continue to fuel growth in the sector. ...Sugar and sugar products are also suffering a similar fate, posting relatively slow growth rates over our forecast period.

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Source:
Document ID
2398-1083
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. "Europe Food and Drink Report" Jul 02, 2016. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Europe-Food-and-Drink-Report-2026-1985>
  
APA:
Business Monitor International - Industry Reports. (2016). Europe Food and Drink Report Jul 02, 2016. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Europe-Food-and-Drink-Report-2026-1985>
  
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