New market study "Slovakia FoodDrink Report Q2 2015" has been published


(MENAFNEditorial)

We forecast Slovak real GDP to expand by 2.8% and 3.2% in 2015 and 2016 respectively with domestic demand being the engine of growth. Slovakia's consumer price index (CPI) was in contraction for much of 2014 and falling oil prices mean that inflation will stay lower for longer into 2015. In contrast to some developed eurozone states where falling prices and economic stagnation imply that deflation expectations could become entrenched and act as a major drag on growth potential we see few risks of this pattern emerging in Slovakia. Instead disinflation has supported consumption by contributing to rapidly rising real wages since mid-2013 a trend that has further to run in 2015. Rising real wage growth has coincided with accelerating consumer credit growth rising consumer confidence and gradually improving labour market dynamics which all bodes well for discretionary spending in the food and drink sector.

Full Report Details at
 - http://www.fastmr.com/prod/980287_slovakia_food_drink_report_q2_2015.aspx?afid=101

 Headline Industry Data (local currency) 

 *  2015 per capita food consumption growth = +3.39% year-on-year (y-o-y); forecast compound annual growth rate (CAGR) to 2019 = +4.04%.
 *  2015 alcoholic drinks sales growth = +1.78% y-o-y; forecast CAGR to 2019 = +4.12%.
 *  2015 soft drinks sales growth = +2.81% y-o-y; forecast CAGR to 2019 = +3.44%.
 *  2015 mass grocery retail growth = +4.30% y-o-y; forecast CAGR to 2019 = +5.60%.

 Key Company Trends 

 Speculation Builds On Possible Tesco Exit From Slovakia: Speculation started to build in the Slovak media during March 2015 about a possible exit from the country by supermarket giant Tesco. The retailer has built-up a network of some 155 outlets 18 petrol stations and two distribution centres over the 19 years since it first entered the Slovakian market. However the company's well known financial difficulties have caused it to look across the board at areas and markets where savings can be made.

 Lidl Announces New Slovakian Distribution Centre: As part of a EUR200mn investment programme in Slovakia by Lidl a massive...

The Slovakia Food & Drink Report features BMI Research'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 Slovakia 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 Slovakia.

Key Benefits

 * Benchmark BMI's independent food and drink industry forecasts for Slovakia to test other views - a key input for successful budgeting and strategic business planning in the Slovak food and drink market.
 * Target business opportunities and risks in Slovakia 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 mass grocery retail market.

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.

BMI’s Food and Drink Risk Reward Index

BMI’s Risk Reward Index provides investors (food and drink manufacturers and mass grocery retailers) looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry economic and demographic points. These provide indices of highest to lowest appeal to investors with each position explained.

Food Forecasts

BMI’s food chapter is divided into sections such as meat fish confectionary dairy and canned foods and provides insight into each market’s food industry centred on a forecast to end-2019 for the sector. The chapter includes the following elements:

 * Industry Forecast Scenario: Historical data series and a forecast to end-2019 for growth of key indicators within a market’s food industry. Indicators include food 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 each market’s drink industry centred on a forecast to end-2019 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 each market’s grocery retail industry centred on a forecast to end-2019 for the sector. Forecast indicators include mass grocery retail sales by format (including supermarkets hypermarkets convenience and discount stores) and a breakdown of the organised retail sector versus the traditional sector among others.

Competitive Landscape

About Fast Market Research

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For more information about these or related research reports please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

 


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