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

Greece Food and Drink Report

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

About This Report

  
Abstract:

Our outlook for the Greek consumer will remain weak throughout our forecast period to ----. Our Europe Country Risk team forecasts the Greek economy to return to growth in ----, albeit at a very modest rate. ...Our Europe Country Risk team forecasts the Greek economy to return to growth in ----, albeit at a very modest rate. Our outlook for consumers has deteriorated since last quarter, as our Europe team now forecasts real private consumption to decline by -.- in real terms in ----, following meagre growth of -.- in ----. With retail sales on a downward trend in the last months of ----, household spending will continue to face significant headwinds over the coming months. ...The Greek population has been slowly declining since ----. A shrinking and ageing market does not bode well for consumer-oriented industries over the long run.

...BMI View: Greece s food and drink industry will experience a gradual improvement over our five-year forecast period to ---- on the back of a tepid consumer outlook. A slow recovery in consumer spending will further dampen our outlook for the MGR sector, particularly for larger store formats. ...A slow recovery in consumer spending will further dampen our outlook for the MGR sector, particularly for larger store formats. The growing demand for lower-cost products such as private labels will benefit the underdeveloped discount store format as supermarkets begin to struggle to maintain profit margins. Food and Drink Spending (---------) Food, sales, EURmn Non-alcoholic drinks, sales, EURmn ---- ---- ---- ----f ----f ----f ----f ----f - --,--- --,--- --,--- f = BMI forecast. ...Food and Drink Spending (---------) Food, sales, EURmn Non-alcoholic drinks, sales, EURmn ---- ---- ---- ----f ----f ----f ----f ----f - --,--- --,--- --,--- f = BMI forecast.

...Following five years of contraction, the food industry will benefit from improving macroeconomic conditions and modest gains in household spending. Market leaders in the beer category Athenian Brewery and Mythos Brewery will be under greater scrutiny from anti-trust authorities after Athenian was fined for abuse of dominant position in late ----. ...

  
Source:
Document ID
1749-2718
Country
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. "Greece Food and Drink Report" Aug 06, 2016. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Greece-Food-and-Drink-Report-2026-2617>
  
APA:
Business Monitor International - Industry Reports. (2016). Greece Food and Drink Report Aug 06, 2016. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Greece-Food-and-Drink-Report-2026-2617>
  
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