New Study: Slovakia Food & Drink Report Q3 2016

From: Fast Market Research, Inc.
Published: Tue Jul 12 2016

Slovakia's food and drink industry will see modest growth on the back of a positive consumer outlook. Our outlook is underpinned strong employment gains in the labour market; real wage growth and low inflation. Rising disposable incomes will translate into higher discretionary spending, which will bode well for the food and drink industry. However, Slovakian consumers will remain price sensitive throughout our forecast period, preventing more pronounced growth in the food and drink sectors.

Key Trends & Industry Developments

Food sales (local currency) growth y-o-y in 2016: +3.3%; compound annual growth rate (CAGR) 2015-2020: +4.5%.
Rising disposable incomes will bode well for food consumption; however, strong growth will be largely seen in economically priced categories.
Non-alcoholic drinks sales (local currency) growth y-o-y in 2016: +3.8%; CAGR 2015-2020: +5.0%.
Alcoholic drinks spending (local currency) growth y-o-y in 2016: +2.7%; compound annual growth rate (CAGR) 2015-2020: +3.7%.
Alcoholic drinks sales (litres) growth y-o-y in 2016: +0.5%; compound annual growth rate (CAGR) 2015-2020: -0.5%.
The spirits and wine categories will show good growth over our forecast period.
Discount and convenience stores will experience steady growth throughout our forecast period.

Full Report Details at

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'sSlovakia 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.


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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