Market Report, "Croatia Food & Drink Report Q2 2016", published

Croatia's food and drink sector will gradually recover in 2016 and beyond, as domestic demand picks up following several years of contraction. This will give a boon to sales of more discretionary food items, although growth will remain subdued. Combined with a negative demographic outlook, long-term opportunities in the sector will be limited.

We forecast headline household spending to return to positive territory in 2016, although we caution that growth will remain low throughout our forecast period to 2020. Our long-term consumer outlook is also negatively affected by negative long-term demographic dynamics, including emigration and an aging population.

The recovery in household spending will have a positive impact on the food and drink sector, with sales slowly picking up. This will drive sales of more discretionary food items, including sugar products, at the expense of staple foodstuff such as cereals and pasta. The improving outlook, combined with a strong tourism sector, will also push sales of alcoholic and non-alcoholic drinks.

Full Report Details at
- http://www.fastmr.com/prod/1118999_croatia_food_drink_report_q2.aspx?afid=301

Nonetheless, due to weak growth rates, we believe that Croatian consumers will remain highly price-conscious over the coming years. This will support the outperformance of discount food stores.

The Croatia 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'sCroatia 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 Croatia.

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

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