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

Venezuela Food and Drink Report

Venezuela Food and Drink Report - Business Monitor International - Industry Reports
Venezuela Food and Drink Report
Published Sep 24, 2016
72 pages — Published Sep 24, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

Following years of under-investment in the non-oil sectors of the economy, local capacity to produce important consumer staples (including food and toilet paper) has been significantly curtailed. The devaluation of the bolivar in February ---- was wholly insufficient to correct the downside pressures on the currency and, since then, attempts in ---- to stabilise exchange rates using the new Complimentary System for Administration of Foreign Currency (SICAD) failed. ...Private consumption represents about -- of Venezuela s total economy, meaning these challenges to consumers will have a major impact on headline GDP growth. In November ----, the Venezuelan National Assembly granted Maduro the power to rule by decree, bypassing the need for congressional approval for enacting new laws for a period of -- months, in a move which is sure to rattle the private sector further and add to the growing apprehension about the country s direction under the new president. In November ----, Maduro passed -- laws as part of a comprehensive economic reform package. ...In November ----, Maduro passed -- laws as part of a comprehensive economic reform package. These laws are designed to stimulate production, tackle tax evasion and clamp

...BMI View: We hold a bleak outlook for Venezuela s food and drink industry throughout our forecast period, on the back of severe basic good shortages and high inflation. Consumption patterns in the country will largely be dictated by availability and, as a result, we expect staple goods to perform relatively well over the coming quarters. The mass grocery retail sector will increasingly come under pressure from the informal sector as informal retail will remain more profitable and stock a comprehensive portfolio of basic goods. Food and Drink Spending (---------) Food, sales, VEFmn Non-alcoholic drinks, sales, VEFmn ---- ---- ---- ----f ----f ----f ----f ----f - --,---,--- --,---,--- --,---,--- --,---,--- f = BMI forecast. Food and Drink Spending (---------) Food, sales, VEFmn Non-alcoholic drinks, sales, VEFmn ---- ---- ---- ----f ----f ----f ----f ----f - --,---,--- --,---,--- --,---,--- --,---,--- f = BMI forecast. ...Food and Drink Spending (---------) Food, sales, VEFmn Non-alcoholic drinks, sales, VEFmn ---- ---- ---- ----f ----f ----f ----f ----f - --,---,--- --,---,--- --,---,--- --,---,--- f = BMI forecast.

...In view of the substantial headwinds facing the Venezuelan economy, we have downgraded our real GDP forecasts for ----, seeing a contraction of -.- . Despite enormous natural resource wealth, the economy s outlook will continue to be dimmed by poor macroeconomic governance, high inflation, low oil prices and significant political uncertainty. ...

  
Source:
Document ID
1749-3064
Country
Industry
Industry
Industry
Industry
Industry
Industry
Format:
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Sections

TitleStarting PageNumber of Pages
CONTENTS34
BMI Industry View72
SWOT Analysis93
Business Environment1218
  BMI s Core Global Industry Views129
  Latin America Risk/Reward Ratings215
  Venezuela s Food &Drink Risk/Reward Rating261
  Macroeconomic Outlook273
Industry Forecast Scenario3016
  Consumer Outlook302
  Food321
    Food Consumption321
    Canned And Prepared Food332
    Edible Oil352
    Confectionery372
  Drink391
    Alcoholic Drinks392
    Soft Drinks411
    Hot Drinks421
  Mass Grocery Retail431
  Trade442
Food468
  Key Industry Trends And Developments461
    Nationalisation Of Food Companies Remains On Agenda461
    Parmalat Launches Milk Modernisation Initiative471
    Cargill To Launch Stevia-Based Truvia471
    Parmalat Continues To Find Venezuela Challenging481
    Currency Devaluation Increases Risk Of Food Appropriations481
    Dairy Sector Attracts Investment, But BMI Cautious491
  Market Overview501
    Food Production501
    Confectionery511
    Agriculture511
    Dairy521
    Meat521
    Seafood531
Drink549
  Key Industry Trends And Developments541
    Femsa Post Sales Growth541
    Soft Drink Firms Targeted By New Price Cap Laws542
    Empresas Polar Takes Stake In Mexican Firm561
    AmBev Seeks Additional Scale In Difficult Market571
    Attack On Alcohol581
    Coffee Sector Nationalised581
  Market Overview591
    Alcoholic Drinks591
    Soft Drinks601
    Hot Drinks612
Mass Grocery Retail633
  Key Industry Trends And Developments631
    Competition From Mercal631
    Nationalisation Of Exito631
  Market Overview641
    Leading Retailers642
Competitive Landscape663
Company Monitor6912
  Food695
  Drink744
  Mass Grocery Retail783
Demographic Outlook814
Risk/Reward Ratings Methodology852
  Weighting861
BMI Food &Drink Industry Glossary872
  Food &Drink871
  Mass Grocery Retail872
BMI Food &Drink Forecasting &Sourcing892
  How We Generate Our Industry Forecasts892
    Sourcing901

Table Of Contents

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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Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Venezuela Food and Drink Report" Sep 24, 2016. Alacra Store. Dec 02, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Venezuela-Food-and-Drink-Report-2026-368>
  
APA:
Business Monitor International - Industry Reports. (2016). Venezuela Food and Drink Report Sep 24, 2016. New York, NY: Alacra Store. Retrieved Dec 02, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Venezuela-Food-and-Drink-Report-2026-368>
  
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