France Food and Drink Report Q2 2014

France Food and Drink Report Q2 2014

Published: March 2014
Publisher: Business Monitor International (BMI)
Product ref: 199396
Pages: 135
Format: PDF
Delivery: Immediate download

Forward this to a colleague

Price: $1295.00

Don't worry. No payment is taken yet

France's economic stagnation is becoming increasingly salient as recovery in the rest of the eurozone picks up momentum. In response to weaker demand, domestic manufacturers continued to cut jobs. The growing underperformance of French exports suggests that the lack of competitiveness in the manufacturing sector remains a major impediment to economic growth, and the increasing strength of the euro is likely to further exacerbate this dynamic. Spending by households was surprisingly strong in Q213, growing by 0.5% y-o-y against a contraction of 0.1% in the first quarter of the year, although, as previously noted, this was largely due to higher energy spending. French household consumption has historically proven relatively resilient to economic downturns, in part due to the difficulties businesses experience in shrinking the workforce but also due to the state's generous social security system. Nonetheless, with unemployment now above the 3.0 million mark - bringing the unemployment rate to 10.5% - and unlikely to fall substantially over the near term, the outlook for household consumption remains relatively subdued. Still, domestic food sales will benefit from the fact that France is one of the few European countries with a growing, young population: 20% of its population is under 25.

Headline Industry Data (local currency) ¦ 2014 per capita food consumption = +0.3%; forecast compound annual growth rate (CAGR) to 2018 = +0.8%. ¦ 2014 alcoholic drink value sales = +0.4%; forecast CAGR to 2017 = +0.5%. ¦ 2014 soft drink value sales = +2.6%; forecast CAGR to 2017 = +2.6%. ¦ 2014 mass grocery retail sales = +2.5%; forecast CAGR to 2017 = +2.5%.

Price: $1295.00

Don't worry. No payment is taken yet

Need help before you order?

+44 (0)1527 573 618

9:00am - 5:30pm Mon - Fri

Related research categories

By sector: General drinks

By market: France (in Europe)


Not found what you were looking for?

Or contact our research team

We want to meet your research requirements. Let us know what you need, how to contact you and we will do the rest.





How do you want to be contacted?

Phone callback (one working day)
Email

For enhanced security, please complete the following sum:

2 + 7 =

just-drinks homepage



Forgot your password?