"Packaged Food Forecast Revisit for Western Europe: Preparing for "Grexit"" Published
Europe's economy continues to face considerable uncertainty from Greece's sovereign debt crisis. With Spain and Italy also facing deepening economic gloom, regional consumer wealth and confidence could deteriorate rapidly. That said, retail packaged food prospects for Western Europe remain fairly resilient even if Greece defaults. Volumes should remain strong as consumers shift away from foodservice, while added value propositions focusing on health and convenience can still drive value sales.
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