"Turkey Food & Drink Report Q3 2016" now available at Fast Market Research

Rising terrorism risks from the spill over of the Syrian war as well as the sharp decline in tourist arrivals will impact negatively on the growth of Turkey's food and drink industry over 2016. We expect the alcoholic drinks sector will experience the slowest growth as it is largely driven by tourists owing to the country's large and growing Muslim population. The MGR sector will be supported by low-cost retail formats such as discount stores.

Key Views & Developments

We believe Turkey's current economic headwinds will have a negative impact on food spending, which will see food sales slow towards the end of our forecast period to 2020.

Rising terrorism risks in Turkey will decrease the level of tourist arrivals, which will dampen growth for alcohol sales.

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The 30% hike in the minimum wage will impact Turkey's food retail sector in two different ways. We believe an increase in household spending will boost food retail sales, while higher labour costs will put margins under pressure.

The Turkey 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'sTurkey 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 Turkey.

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

Analysis of the major strengths, weaknesses, opportunities and threats within the food, drink and mass grocery retail sectors and within the broader political, economic and business environment.

BMI’s Food and Drink Risk Reward Index

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