Today: September 24, 2016, 10:59 pm

Macedonia Chilled Processed Food Market: New market research released
Chilled Processed Food in Macedonia - a new market research report on 2014-04-10 15:32:04
Chilled processed food is expected to see current value growth of 5% in 2013, representing an improved performance compared to the CAGR recorded over the review period as a whole. This improved growth is being driven by the performance of the largest category – chilled processed meat – which will again experience 5% growth, the second highest retail current value growth of in 2013, reaching value sales of MKD3.8 billion.

All five leading players in chilled processed food in Macedonia in 2013 are domestic companies. Pekabesko ad is the category´s leading player, accounting for a retail value share of 21% in both 2012 and 2013. MIK Sveti Nikole doo ranks second in 2012 and 2013 with 16% and 17% value shares, respectively. Soleta doo ranks third with a 10% value share in both 2012 and 2013. Other companies with significant value shares within chilled processed food in Macedonia in 2012 and 2013 include: Rimes doo, Ekstra Main doo and Promes doo from Macedonia as well as Perutnina Ptuj dd from Slovenia.

Demand for chilled processed food products is expected to continue to grow over the forecast period. Retail value sales of chilled processed food are expected to see a constant value CAGR of over 2% over the forecast period, reaching MKD4.9 billion in 2018. Meanwhile, retail volume sales are predicted to see a CAGR of 2% over the forecast period, reaching 13,000 tonnes in 2018.

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