Quarterly Beverage Tracker Third Quarter 2017: Norway

Quarterly Beverage Tracker Third Quarter 2017: Norway

Published: October 2017
Publisher: GlobalData
Product ref: 288690
Pages: 26
Format: PDF
Delivery: By product vendor

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Summary

GlobalData’s Norway Quarterly Beverage Tracker Q3-17 covering soft drinks, dairy drinks, hot drinks and alcoholic drinks is an essential tool for keeping up-to-date with the latest industry performance and developments on a quarterly basis, covering:

• Top line consumption volumes for Q3-2017 vs Q3-2016, moving annual totals (MAT), full year 2016 provisional data and 2017 forecasts for all beverage categories.
• Carbonates consumption data for Q3-2017 vs Q3-2016, moving annual totals (MAT), full year 2016 provisional data and 2017 forecasts split by regular vs low calorie, and key flavor.
• An economic mood indicator with an at a glance assessment of industry confidence levels, private label performance vs brands and price trends.
• Insightful and valuable analysis of the drivers behind the latest quarterly trends and assumptions for full year 2017.

Scope

• Norway’s economy is currently experiencing moderate GDP growth, according to the latest government statistics for Q1-17
• The summer weather was average, and similar to 2016. It wasn't as warm as expected, so had some impact on consumption
• Juice consumption declined by 5% in Q3-17, it continues to be impacted by consumers cutting back on sugary drinks
• Nectars consumption growth was flat, but positive in Q3-17 as there was some innovation for Tine’s Sunniva brand
• Iced/RTD tea drinks suffered a further drop in consumption in Q3-17 even though there was some innovation from Tine IsTe. This could possibly be due to the less favorable summer weather
• Carbonates experienced a consumption downturn of around 1% in Q3-17. However, major innovation from Coca- Cola, and Sunniva Noisy, helped to improve what might have been a weaker performance given the average summer weather
• The water categories suffered declining consumption of just under 4% in Q3-17 due to the impact of average summer temperatures. However, the enhanced water category showed single-digit growth in Q3-17
• In the dairy category, white milk consumption was down by 1% in Q3-17, but there was good growth for flavored milk despite no major innovation during the quarter. Traditional fermented milk consumption was down 2% but drinking yoghurts continued to edge back in consumption in Q3-17 over shadowed by the much larger traditional fermented milk segment. Soymilk and also grain, nut, rice and seed milk alternatives continued to show positive growth in Q3-17, but from a small but growing base
• Beer consumption was fairly flat, but positive in Q3-17, while cider consumption was up by 6%

Reasons to buy

• Gain an in-depth understanding of the most up-to-date trends in the Norway beverage industry to support and enhance your strategic planning.
• Investigate the latest quarterly and emerging annual trends in Norway to back your marketing initiatives.
• Analyze the latest beverage category 2017 forecast projections to make well-informed decisions on the outlook in the marketplace for your company.
• View a selection of the key quarterly new soft drinks product launches and identify competitor activity.
• Access a quarterly Special Focus on a current industry ‘hot topic’ offering qualitative insight from local consultants to determine opportunities for product innovation.

Price: $1645.00

Don't worry. No payment is taken yet

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Related research categories

By sector: Markets, General drinks

By market: Norway (in Europe)


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