(MENAFNEditorial)
In China we forecast private consumption to grow by an average of 8.0% out to 2018 as Beijing tries to re-balance the economy towards consumption and away from investment. Although this will be a very difficult balancing act given that it could result in a sharp slowdown in overall growth the Xi Jinping and Li Keqiang administration is somewhat more hawkish than previous leaders and will continue to press ahead with economic rebalancing. Important policies include raising minimum wages liberalising the financial sector as well as the implementation of safety nets such as unemployment benefits and insurance.
Headline Industry Data
* 2014 food consumption local currency = +9.7%; compound annual growth rate (CAGR) forecast between 2013 and 2018 = +9.4%.
* 2014 beer volume sales = +8.9%; CAGR forecast between 2013 and 2018 = +8.7%.
* 2014 soft drinks volume sales = +7.4%; CAGR forecast between 2013 and 2018 = +6.7%.
* 2014 mass grocery retail sales = +9%; CAGR forecast between 2013 and 2018 = +9%.
Full Report Details at
- http://www.fastmr.com/prod/872572_china_food_drink_report_q4_2014.aspx?afid=101
Key Company Trends
Meat Scandals To Pose Challenges For Foreign Chains : We noted in July 2014 that China's most recent meat scandal would pose a significant challenge to foreign meat processors/manufacturers as they had been generally spared from recent scandals and benefitted from a better reputation than their local counterparts. Yum! Brands will be the most affected by the scandal. We expect the Chinese government to tackle quality and safety standards more systematically even if this will take years to be implemented fully.EUR450mn.
Beer Near- Term Prospects Better Than Spirits : We reflected in July 2014 on how China's well documented targeting of big ticket spirits as part of a wider crackdown on over-the-top gift giving has had a crippling effect on the sales and share prices of some of the key players in the luxury spirits space. The Chinese premium baiju producer Kweichow Moutai and France's Remy Cointreau (it is a major player in high-end cognac)...
The China 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 China 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 China.
Key Benefits
* Benchmark BMI's independent food and drink industry forecasts for China to test other views - a key input for successful budgeting and strategic business planning in the Chinese food and drink market.
* Target business opportunities and risks in China through our reviews of latest industry trends regulatory changes and major deals projects and investments.
* Exploit latest competitive intelligence on your competitors partners and clients via our Company Profiles (inc. SWOTs KPIs and latest activity) and Competitive Landscape Tables.
Coverage
BMI Industry View
Summary of BMI's key industry forecasts and views covering food and drink manufacturing and consumption and the retail market.
Business Environment Rankings
BMI's Food & Drink Business Environment Rankings provide a country-comparative Risk-Reward Rankings index aimed at investors food and drink manufacturers and mass grocery retailers.
The rankings methodology makes sophisticated use of over 40 industry economic and demographic data points.
Industry SWOT Analysis
Analysis of the major Strengths Weaknesses Opportunities and Threats within the food drink and mass grocery retail sectors and within the broader political economic and business environment.
Food Forecasts
BMI's food chapter is divided into sections such as Meat Fish Confectionary Dairy and Canned Foods and provides insight into a market's food industry centred on a forecast to end-2018 for the sector. The chapter includes the following elements:
Industry Forecast Scenario - Historical data series and forecasts to end-2018 for growth of key indicators within a market's food industry. Including consumption food consumption as % of GDP canned food sales confectionery sales and food and drink imports and exports among others.
Industry Developments - A summary of corporate developments including news on M&As FDI expansions closures and financial results in addition to analysis and explanation of the latest industry events and how these could influence further investment.
Market Overview - An overview of the structure of the market introducing the key players and discussing underlying trends.
Drink Forecasts
Segmented the same way as BMI's food chapter the drink section provides insight into the market's drink industry centred on a forecast to end-2018 for the sector. Forecast indicators include alcoholic and soft drink sales by value volume and sub-sector and tea and coffee sales among others.
Mass Grocery Retail Forecasts
Segmented the same way as BMI's food and drink chapters the mass grocery retail section provides insight into a market's grocery retail industry centred on a forecast to end-201 for the sector. Forecast indicators include mass grocery retail sales by format (including supermarkets hypermarkets convenience and discount stores) and a breakdown for the organised retail sector versus the traditional sector among others.
Competitive Landscape & Profiles
Illustration of the industry via rankings tables comparing revenues number of outlets and number of employees. BMI analyses each company's market position business strategies and investment potential.
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