Spain Food and Drink Report Q1 2014

Spain Food and Drink Report Q1 2014

Published: January 2014
Publisher: Business Monitor International (BMI)
Product ref: 191402
Pages: 115
Format: PDF
Delivery: Immediate download

Forward this to a colleague

Price: $1295.00

Don't worry. No payment is taken yet

BMI View: Recently released data from Eurostat showed that Spain's economy exited recession in Q313, supporting our long-held view that the economic recovery would begin picking-up in the second half of 2013. We have revised our forecast for the economy to grow by 0.7% in 2014, from 0.2% previously, against the backdrop of a steadily improving export outlook. Nevertheless, we caution that the recovery will be sluggish and undermined by fiscal austerity, weak fixed investment, and dire labour market conditions. This means more sluggish growth for the food and drink sector, while the lower end of the sector will continue to outperform the rest. In line with this, we believe that Dia is one of a select few Western Europebased food retailers with good near-term growth prospects in the region.

Headline Industry Data (local currency) ¦ 2014 per capita food consumption = +1.6%; forecast compound annual growth rate (CAGR) to 2017 = +1.8%. ¦ 2014 alcoholic drink value sales = +1.0%; forecast CAGR to 2017 = +1.3%. ¦ 2014 soft drink value sales = +1.1%; forecast CAGR to 2017 = +1.4%. ¦ 2014 mass grocery retail sales = +1.9%; forecast CAGR to 2017 = +1.9%.

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: Spain (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)

For enhanced security, please complete the following sum:

1 + 6 =

just-drinks homepage

Forgot your password?