United States Food and Drink Report - Business Monitor International - Industry Reports

United States Food and Drink Report

United States Food and Drink Report - Business Monitor International - Industry Reports
United States Food and Drink Report
Published Jun 25, 2016
123 pages — Published Jun 25, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

We hold a favourable consumer outlook for the United States throughout our forecast period to ----. The consumer sector will be a bright spot for the US economy over the coming quarters, due to strong labour market dynamics and low fuel prices (and by extension greater levels of disposable income). Labour market dynamics remain strong, while wage pressures amid a tightening labour market will lead to rising compensation for US workers. Minimum wage hike legislation across several states and municipalities alongside several large private employers (including Walmart, Costco and Target announcing plans to increase wages) will add tailwinds to consumer disposable incomes, driving consumer sentiment higher. Combined with low inflation levels, the purchasing power of US consumers will remain strong over the coming quarters. ...Reflecting this favourable outlook, consumer confidence readings have been robust in recent months. According to our Americas Country Risk team, this presages the outperformance of consumer industries over the coming quarters, and will in particular benefit discretionary spending.

...BMI View: We hold a favourable outlook for the US consumer over the next five years, with private consumption growth outperforming most developed markets. This will create premiumisation opportunities in the food and drink sector. ...This will create premiumisation opportunities in the food and drink sector. Nonetheless, shifts in consumer preferences will continue to pose significant challenges for legacy food and drink manufacturers, as consumers turn away from categories such as commercial beer, carbonated soft drinks and prepared meals. Food and Drink Spending (---------) Food, sales, USDmn Non-alcoholic drinks, sales, USDmn ---- ---- ---- ----f ----f ----f ----f ----f - ---,--- ---,--- ---,--- -,---,--- -,---,--- f = BMI forecast. ...Food and Drink Spending (---------) Food, sales, USDmn Non-alcoholic drinks, sales, USDmn ---- ---- ---- ----f ----f ----f ----f ----f - ---,--- ---,--- ---,--- -,---,--- -,---,--- f = BMI forecast.

...A stronger private consumption outlook will lead to a return of the premiumisation trend in the United States over the next five years. Nonetheless, this improving outlook will not benefit all categories equally. ...

  
Source:
Document ID
1753-3384
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Industry
Industry
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Industry
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Industry
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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. "United States Food and Drink Report" Jun 25, 2016. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/United-States-Food-and-Drink-Report-2026-341>
  
APA:
Business Monitor International - Industry Reports. (2016). United States Food and Drink Report Jun 25, 2016. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/United-States-Food-and-Drink-Report-2026-341>
  
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