Caribbean Food & Drink Report Q2 2016 - New Market Study Published

We are turning more positive regarding economic growth in the Caribbean, as structural and financial reforms take hold in the region, tourism numbers pick up and growth becomes stronger in key markets like the US. The Dominican Republic and Jamaica will outperform other regional markets over the next five years. Nonetheless, small consumer bases will limit long-term in vestment opportunities.

Latest Updates & Industry Developments

Consumers across the Caribbean will experience sustained gains in purchasing power throughout our forecast period to 2020. Following several years of weak growth, low oil prices will boost real spending power, while strong tourist arrivals - driven by the economic recovery in the UK and in the US - will also provide a boost for consumer-oriented industries.

Nonetheless, growth in food and drink spending will vary across the region, with the Dominican Republic and Jamaica experiencing the fastest growth.

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The alcoholic drinks sector - which is already relatively developed thanks to the presence of various domestic producers - will strongly benefit from positive dynamics in the tourism industry.

The Caribbean 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'sCaribbean 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 Barbados, Bahamas, Jamaica, Trinidad & Tobago, Dominican Republic, Puerto Rico.

Key Benefits
Benchmark BMI's independent food and drink industry forecasts for Barbados, Bahamas, Jamaica, Trinidad & Tobago, Dominican Republic, Puerto Rico to test other views - a key input for successful budgeting and strategic business planning in the Barbadian, Bahamian, Jamaican, Trinidadian, Dominican, Puerto Rican food and drink market.
Target business opportunities and risks in Barbados, Bahamas, Jamaica, Trinidad & Tobago, Dominican Republic, Puerto Rico 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

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