We forecast the global food and drink industry to grow by -.- in ---- and to average an annual rate of growth of -.- over the next five years to ----. After a widespread slowdown in revenue growth for core product offerings among major food and drink companies over recent years, ---- offers only a slight departure from this trend. ...After a widespread slowdown in revenue growth for core product offerings among major food and drink companies over recent years, ---- offers only a slight departure from this trend. In line with our Country Risk team s global view of emerging markets (EMs) outperforming developed markets (DMs), our outlook for the Mass Grocery Retail sector over the next five years will largely follow the same trend. In emerging markets there is still a lot of growth potential, as formalisation remains underpenetrated with opportunities for expansion outside of major urban areas. ...Our outlook for European consumer spending and F&D companies is broadly unchanged in light of the Brexit vote, with any uncertainty to be temporary. Consumer staples segments remain broadly resilient during economic crises and we therefore don t expect Brexit to have a negative impact on exports or major manufacturers and brewers.
...Soft drinks spending accounted for --.- of non-alcoholic drinks sales in ----, but will decline by -.-pp by ---- to --.- . Carbonated drinks are still a major part of spending in this segment, although we expect growth to slow as a result of government initiatives taxing high sugar content drinks and other products. ...These markets will remain crucial for The Coca- Cola Company and PepsiCo, as they look to address slowing sales of their traditional beverages in developed states. Despite opportunities in emerging markets, we forecast stronger growth in sales of mineral and spring waters to owe much to stronger consumer purchasing power in developed markets, and particularly as innovation in the sector encourages more health-conscious consumers to switch in to this category. Coffee, teas and other hot drinks account for --.- of spending on non-alcoholic drinks, and this will rise to --.- in ----. The Westernisation of diets and expansion of brands such as Starbucks to South Africa bodes well, particularly for the growth of coffee over our forecast period.
...Source: BMI After a -.- contraction in ----, the global food market will recover in ---- with a -.- increase in spending. ...Source: BMI After a -.- contraction in ----, the global food market will recover in ---- with a -.- increase in spending. Despite a decline in the value of food sales, which can be largely attributed to the strength of the US dollar over ----, we actually believe that there were strong increases in terms of volume and spending in local currency. A number of prominent trends are shaping the global food market and these are apparent from our forecasts. ...