"Italy Food & Drink Report Q4 2015" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Mon Sep 28 2015

The Italian economy will return to growth in 2015 after a three-year recession. We forecast real GDP to expand by 0.7% in 2015 and 1.1% in 2016. While we expect the economic outlook to improve significantly in 2015, severe structural challenges are still facing the Italian economy. According to our forecasts, Italy's economic output will remain well below pre-crisis levels over the medium-to-long term, as we forecast annual real GDP growth will barely break 1% over the next 10 years. With one of the highest household savings rates in Europe prior to the global economic crisis, and among the lowest private debt burdens, private consumption was not a strong driver of GDP growth in the past decade. We do not expect this trend to change, and forecast private consumption growth of 0.5% in 2015 and 0.8% in 2016.

Full Report Details at
- http://www.fastmr.com/prod/1052942_italy_food_drink_report_q4.aspx?afid=301

Headline Industry Data (local currency)

2015 per capita food consumption = +0.1% year-on-year (y-o-y); compound annual growth rate (CAGR) 2014 to 2019 = +0.9%
2015 alcoholic drink value sales = +0.7%; CAGR 2014 to 2019 = +1.4%
2015 soft drink value sales = +0.4%; CAGR 2014 to 2019 = +1.9%
2015 mass grocery retail sales = +0.3%; CAGR 2014 to 2019 = +1.1%

Key Industry Trends And Developments

McCormick Completes Drogheria & Alimentari Purchase: In June 2015, US-based McCormick & Company concluded the acquisition of Italy-based spice producer Drogheria & Alimentari (D&A) in a deal worth EUR85mn (USD97mn). The acquisition agreement was signed by the firms in February 2015. D&A has around 120 employees and operates a manufacturing unit in Florence, Italy, where it produces spices and seasonings. The company generated about EUR50mn (USD54.64mn) in annual sales.

The Italy 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 Italy 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 Italy.

Key Benefits

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

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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Contact Phone: 1-413-485-7001

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