"France Food & Drink Report Q4 2014" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Mon Nov 10 2014

France's economy is still lagging substantially behind regional peers. The outlook for French households did not improve significantly over Q114, however, with unemployment continuing its steady ascent to record highs. While consumer confidence has risen in recent readings, we see few fundamental factors supporting this growing optimism. Food retail sales are now down, indicating that momentum supporting the sector has waned. Still, the importance of the food industry for the economy and the fact that France is one of the few European countries with a growing, young population will leave food consumption growth relatively steady over the coming years.

Headline Industry Data (local currency)

* 2014 per capita food consumption = +0.8%; forecast compound annual growth rate (CAGR) to 2018 = +0.8%.
* 2014 alcoholic drink value sales = +0.4%; forecast CAGR to 2018 = +0.5%.
* 2014 soft drink value sales = +2.6%; forecast CAGR to 2018 = +2.6%.
* 2014 mass grocery retail sales = +2.5%; forecast CAGR to 2018 = +2.5%.

Full Report Details at
- http://www.fastmr.com/prod/888056_france_food_drink_report_q4_2014.aspx?afid=302

Organic Market Recovering But Expected To Remain Marginal : We continue to expect strong growth opportunities for organic producers in the EU with steady demand growth in the UK, Ireland, France and Germany. Still, we expect the organic market to remain marginal and vulnerable to swings in consumption patterns, especially linked to economic conditions. As a result, we expect conversions from conventional to organic farming to slow in the near term.

Aborted Sales Will Limit Further Growth Potential In Europe : Pernod's decision to cancel the sale of its Czech liquor brand Becherovka will result in muted profit growth in Europe in the context of an already subdued consumer environment. Pernod Ricard will have to find new avenues for growth in the short term, as we maintain our outlook for constrained growth in spirits sales in China. We see more potential for wine growth in the US, a market Pernod has recently sought to strengthen...

The France Food & Drink Report features Business Monitor International (BMI)'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 France 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 France.

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