Brazil, Chile and Uganda Food and Drink Report Q2 2016; New Report Launched
Market Research Reports, Inc. has announced the addition of “Brazil, Chile and Uganda Food and Drink Report Q2 2016” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 03/14/2016 --Brazil's recession will deepen over 2016 leading to rising unemployment and a reduction in real wages, resulting in our weak outlook for consumption. Brazil's manufacturing sector for consumer goods cannot support domestic demand, making the country reliant on imports. As the currency continues to weaken, import costs will rise and spur food inflation. Premium categories will be the hardest hit as consumers cut down discretionary spending.
Latest Updates & Industry Developments
- Food sales (local currency) growth y-o-y in 2016 +6.0% (-7.1% in USD terms); compound annual growth rate (CAGR) 2015-2020: +7.2%.
- Non-alcoholic drinks sales (local currency) growth y-o-y in 2016 +5.8%; CAGR 2015-2020: +7.0%
- Favourable industry structure will limit losses for leading brewers as their strong market position limits their incentive to cut prices.
- The supermarket format will continue to generate the largest portion of mass grocery retail sales.
For more information Visit at: http://www.marketresearchreports.com/business-monitor-international/brazil-food-and-drink-report-q2-2016
We continue to hold a positive consumer outlook for Chile, which bodes well for the food and drink industry. Employment gains in the services industry will lead to rising wages and strong private consumption growth. Consumer spending has been the Chilean economy's best performer. Our Country Risk team believes that retail and consumer-focused industries will outperform the broader economy.
Latest Updates & Industry Developments
- Food sales (local currency) growth y-o-y in 2016 +6.4%; compound annual growth rate (CAGR) 2015-2020: +6.1%.
- Non-alcoholic drinks sales (local currency) growth y-o-y in 2016 +6.5%; CAGR 2015-2020: +6.2%.
- Beer sales will continue to show strong growth due to inflation and premiumisation, remaining the fastest-growing alcoholic drinks category
- The discount segment will be the outperformer in the mass grocery retail sector over our forecast period.
For more information Visit at: http://www.marketresearchreports.com/business-monitor-international/chile-food-and-drink-report-q2-2016
Uganda's food and drink sector will expand at a robust pace throughout our forecast period to 2020, although it is coming from a very low base. Rising incomes and the gradual formalisation of the food retail sector will underpin our favourable view. Nonetheless, we caution that operational risks remain high, due to poor infrastructure and distribution networks.
Latest Updates & Industry Developments
- Rising incomes in Uganda will drive spending on food and drink over the next five years. While staples currently dominate the typical diet, households will gradually be able to incorporate more discretionary food items such as confectionery products.
- In the drinks sector, we expect beer and carbonated soft drinks to outperform, benefiting from a young consumer base. In addition, these categories tend to perform well in less sophisticated markets, where consumer preferences are not highly dynamic.
- Nonetheless, obstacles remain for potential investors, including a very underdeveloped formal retail sector (currently accounting for less than 5% of total food retail sales) and a weak infrastructure network.
For more information Visit at: http://www.marketresearchreports.com/business-monitor-international/uganda-food-and-drink-report-q2-2016
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