2012-09-08 09:21:22 - New Food research report from Business Monitor International is now available from Fast Market Research

Despite short-term challenges posed by the slowing domestic and external demand, we remain optimistic about the Turkish consumer in the longer term. In the current quarter, the country remains ranked second in our proprietary Risk/Reward ratings for Central and Eastern Europe (CEE), which covers 15 key regional markets. Turkey scores particularly favourably in terms of its long-term rewards, indicating the substantial potential for the growth of food and drink volumes as well as volumes, especially if the country's operating risks are addressed in a timely fashion. Headline Industry Data (local currency) 2012 per capita food consumption value sales = +6.4%; forecast compound annual growth to 2016 = +7.0%. 2012 alcoholic drinks sales = +10.4%; forecast compound annual growth to 2016

= +9.5%. 2012 soft drinks sales = +11.4%; forecast compound annual growth to 2016 = +12.3%. 2012 mass grocery retail sales = +12.7%; forecast compound annual growth to 2016 = +12.6%. Key Company Trends Turkish Ice Cream Market of Interest: Shortly after Unilever's announcement that it is building a new ice cream plant in central Turkey, in March 2012, US-based ice cream parlour chain Cold Stone Creamery was reported to be planning to enter the Turkish market, and was reportedly looking for a guarantor to open its label in Turkey. The firm has been advertising in local newspapers and, if it is successful in finding a native investor, it plans to launch its first Turkish store in 2014. The Turkish ice cream market grew by a year-on-year (y-o-y) margin of almost 30% in 2010. Sabanci Looking to Change its Retail Cooperation with Carrefour: According to NamNews, Turkish retailer Sabanci is attempting to alter the terms of its food retail joint venture (JV) in the country with French Carrefour. Sabanci has argued that Carrefour has not done enough to help the JV capitalise on opportunities in the Turkish market. The JV runs 216 supermarkets and 27 hypermarkets in Turkey, and saw sales of EUR1.8bn (US$2.4bn) in 2011. Sabanci's CEO commented: 'We don't want to continue the business as it is. At the moment we are 40% [owners] and we don't have the management control. We're not happy with the performance of the company so we want to change the situation.' Key Risks To Outlook Downside Risks Prevail: We continue to see downside risks to our current forecasts, on account of the country's precarious external position and a deteriorating global macroeconomic backdrop. Cooling domestic demand will also have a major impact on the overall growth, given that private consumption currently represents in excess of 70% of Turkey's GDP.


Full Report Details at
- www.fastmr.com/prod/456379_turkey_food_drink_report_q4_2012.aspx


Partial Table of Contents:

SWOT Analysis
- Turkey Food Industry SWOT
- Turkey Drink Industry SWOT
- Turkey Mass Grocery Retail Industry SWOT
Business Environment
- BMI's Core Global Industry Views
- Table: Core Views
- CEE Food & Drink Risk/Reward Ratings
- Table: Food & Drink Risk/Reward Sub-Factor Ratings, Q412 (scores out of 10)
- Table: CEE Food & Drink Risk/Reward Ratings, Q412
- Turkey's Food And Drink Risk/Reward Ratings
- Macroeconomic Outlook
- Table: Economic Activity
Industry Forecast Scenario
- Consumer Outlook
- Food
- Food Consumption
- Table: Food Consumption Indicators - Historical Data & Forecasts
- Confectionery
- Table: Confectionery Value/Volume Sales - Historical Data & Forecasts
- Canned Food
- Table: Canned Food Value/Volume Sales - Historical Data & Forecasts
- Processed Foods
- Table: Pasta
- Table: Fish
- Table: Bread Products & Jams/Jellies
- Dairy
- Table: Dairy
- Drink
- Alcoholic Drinks
- Table: Alcoholic Drinks Volume/Value Sales - Historical Data & Forecasts
- Soft Drinks
- Table: Soft Drinks Value/Volume Sales - Historical Data & Forecats
- Hot Drinks
- Table: Hot Drinks Value/Volume Sales - Historical Data & Forecasts
- Trade
- Table: Trade Indicators - Historical Data & Forecasts
- Mass Grocery Retail
- Table: Mass Grocery Retail Sales By Format - Historical Data & Forecasts
- Table: Grocery Retail Sales By Format
Food
- Key Industry Trends And Developments
- Companies Raising Capital For Expansion
- Multinational Interest Growing
- Companies From Further Afield Also Joining The Fray
- Restaurant Trade Roaring
- Market Overview
- Food Consumption
- Food Production
- Confectionery
- Agriculture
- Organic Agriculture
- Halal Food
Drink
- Key Industry Trends And Developments
- Coca Cola Icecek Our Emerging Markets Pick
- Anadolu Efes Expands In Russia And Ukraine
- Foreign Companies Interested In Domestic Beverage Producers
- Market Overview
- Alcoholic Drinks
- Beer
- Spirits
- Wine
- Soft Drinks
- Table: Soft Drinks Sales Breakdown In Turkey
- Hot Drinks
Mass Grocery Retail
- Key Industry Trends And Developments
- Discount Stores Have Excellent Prospects
- Carrefour Runs Into Trouble In Turkey
- Duty Free Capitalising On Turkish Airlines Boom, Just Like In The Gulf
- Market Overview
- Table: Structure Of Turkey's Mass Grocery Retail Sector By Number Of Outlets
- Table: Structure Of Turkey's Mass Grocery Retail Market - Sales Value By Format (TRYbn)
- Table: Value Of Sales Per Outlet 2011
Competitive Landscape
- Table: Key Players In Turkey's Food & Drink Industry
- Table: Key Players In Turkey's Mass Grocery Retail Sector
Company Monitor
- Food
- Ulker Group
- Nestle Turkey
- Sabanci Holding
- Drink
- Anadolu Efes
- Coca-Cola Icecek (CCI)
- Mass Grocery Retail
- Migros Turk
- BIM
- Tesco Kipa
Demographic Outlook
- Table: Turkey's Population By Age Group, 1990-2020 ('000)
- Table: Turkey's Population By Age Group, 1990-2020 (% of population)
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Full Table of Contents is available at:
-- www.fastmr.com/catalog/product.aspx?productid=456379&dt=t

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