Spain Food and Drink Report Q3 2014

Spain Food and Drink Report Q3 2014

Published: July 2014
Publisher: Business Monitor International (BMI)
Product ref: 216781
Pages: 126
Format: PDF
Delivery: Immediate download

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BMI View: Although we expect inflationary pressures to remain subdued in Spain over the next few months, we do not expect the country to enter a prolonged and potentially damaging period of deflation. Our core view for Spain is that household deleveraging still has some way to run, meaning that consumer spending (and demand-pull price pressures) is likely to remain subdued for some time to come. 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 = +1.9%; forecast compound annual growth rate (CAGR) to 2018 = +2.0%. ¦ 2014 alcoholic drink value sales = +0.8%; forecast CAGR to 2018 = +1.5%. ¦ 2014 soft drink value sales = +0%; forecast CAGR to 2018 = +1.9%. ¦ 2014 mass grocery retail sales = +1.8%; forecast CAGR to 2018 = +2.5%.

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Related research categories

By sector: General drinks

By market: Spain (in Europe)


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