Our Europe Country Risk team continues to forecast strong and well-balanced economic expansion over the coming quarters, having registered among the highest pace of real GDP growth in Europe of 4.1% in H115. Strengthening external demand has been the key driving force behind this economic expansion, due to the Czech Republic's high level of economic openness (exports represented 83% of GDP in 2014), and the sizeable share of export-oriented manufacturing in employment. This will fuel consumption of food and drink, although growth rates will remain moderate due to the sector's maturity.
Headline Industry Data (local currency)
2015 per capita food consumption: +1.9%; compound annual growth rate (CAGR) to 2019: +3.0%.
2015 alcoholic drinks value sales: +2.8%; CAGR to 2019: +4.2%.
2015 carbonated soft drinks value sales: +4.4%; CAGR to 2019: +5.3%.
2015 mass grocery retail sales: +5.2%; CAGR to 2019: +6.7%.
Full Report Details at
- http://www.fastmr.com/prod/1063163_czech_republic_food_drink.aspx?afid=302
The Czech Republic Food & Drink Report features BMI Research's market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.
BMI's Czech Republic Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Czech Republic.
Key Benefits
* Benchmark BMI's independent food and drink industry forecasts for Czech Republic to test other views - a key input for successful budgeting and strategic business planning in the Czech food and drink market.
* Target business opportunities and risks in Czech Republic through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
* Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.
Coverage
BMI Industry View
Summary of BMI’s key industry forecasts and views, covering food and drink manufacturing and consumption and the mass grocery retail market.
Industry SWOT Analysis
Analysis of the major strengths, weaknesses, opportunities and threats within the food, drink and mass grocery retail sectors and within the broader political, economic and business environment.
BMI’s Food and Drink Risk Reward Index
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"Czech Republic Food & Drink Report Q1 2016" is now available at Fast Market Research
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001