"Bulgaria Food & Drink Report Q3 2015" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Thu May 07 2015

Bulgarian household purchasing power has been bolstered over Q115 due to low global oil prices and strong real wage growth. This has stoked demand-side inflationary pressures as evidenced by the consumer price index (CPI) registering positive year-on-year (y-o-y) growth for the first time in 19 months in March 2015. CPI in March came in at 0.1% y-o-y and we forecast consumer price inflation to remain around this level over the course of 2015, reaching 0.3% by year-end. As the chart below illustrates, services price inflation has been the component within the consumer price basket that has driven the return to positive price growth, suggesting growing demand- side pressures.

Full Report Details at
- http://www.fastmr.com/prod/987544_bulgaria_food_drink_report_q3.aspx?afid=301

Headline Industry Data:

* 2015 food consumption (local currency) growth: +0.2%; forecast compound annual growth rate (CAGR) 2014 to 2019: +1.0%.
* 2015 alcoholic drinks sales volume growth: +1.0%; forecast CAGR 2014 to 2019: +1.6%.
* 2015 soft drinks sales volume growth: +1.6%; forecast CAGR 2014 to 2019: +1.3%.
* 2015 mass grocery retail sales (local currency) growth: -0.5%; forecast CAGR 2013 to 2018: +0.8%.

Key Industry Trends And Developments

Tyras Plans Investment For Bulgaria Plant: In November 2014, it was reported that Greece-based dairy processor Tyras would invest EUR15mn (USD18.8mn) in the Tyrbul plant in Sliven, Bulgaria, over the coming years. The company plans to spend EUR3mn (USD3.76mn) on new facilities, EUR7mn (USD8.77mn) on plant automation and the remaining amount on new equipment, according to co-owner and executive director, Dimitris Sarantis. The investment is expected to increase capacity by 50%, allowing the factory to add soft cheese to its product range. Tyrbul is a subsidiary of Tyras, which owns five plants across Greece, Bulgaria and Romania.

The Bulgaria 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 Bulgaria 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 Bulgaria.

Key Benefits

* Benchmark BMI's independent food and drink industry forecasts for Bulgaria to test other views - a key input for successful budgeting and strategic business planning in the Bulgarian food and drink market.

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