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

Turkey Food and Drink Report

Turkey Food and Drink Report - Business Monitor International - Industry Reports
Turkey Food and Drink Report
Published Oct 08, 2016
79 pages — Published Oct 08, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

Rapid expansions of consumer credit have underpinned periods of private consumption growth in previous years, and absent this we fail to identify alternative drivers of household spending in the coming quarters. On the demand side, confidence has suffered from social tensions and political instability. ...Though we remain below-consensus in our view on the Turkish economy over the next few years, we believe that the longer term consumer growth story is one of the most exciting globally. Indeed, with a population of more than --mn, a steady -.- population annual growth rate forecast over our ---year forecast period and the likelihood of rising incomes, the potential for consumer spending as a major economic driver is also profound. Between ---- and ----, GDP per capita is expected to expand by just below -- in nominal US dollar terms. ...Between ---- and ----, GDP per capita is expected to expand by just below -- in nominal US dollar terms. At the same time, the policy rate is forecast to remain in the single digits.

...A significant proportion of the population still has low disposable incomes, making them highly price conscious and limiting audience size for interested investors. Turkish consumers have a strong preference for fresh food, which has constrained the development of processed food. ...Excise rate increases are affecting demand for alcoholic drinks, which are still largely viewed as a luxury item. Consolidation of the country s organised retail sector is well under way, with the larger players acquiring their smaller rivals. Any new market entrant may, therefore, soon find itself some way behind the competition. ...Consolidation of the country s organised retail sector is well under way, with the larger players acquiring their smaller rivals. Any new market entrant may, therefore, soon find itself some way behind the competition.

...BMI View: Turkey s food and drink spending growth will remain resilient over ---- despite the attempted coup in July ----, owing to the essential nature of the sector. The demand for food and beverages will be supported by rising disposable incomes, though slower growth is expected towards the end of our forecast period. ...

  
Source:
Document ID
1749-3021
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. "Turkey Food and Drink Report" Oct 08, 2016. Alacra Store. Dec 05, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Turkey-Food-and-Drink-Report-2026-453>
  
APA:
Business Monitor International - Industry Reports. (2016). Turkey Food and Drink Report Oct 08, 2016. New York, NY: Alacra Store. Retrieved Dec 05, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Turkey-Food-and-Drink-Report-2026-453>
  
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.