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New Market Report: United Kingdom Food & Drink Report Q1 2014


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2013-12-25 22:45:29 - Fast Market Research recommends "United Kingdom Food & Drink Report Q1 2014" from Business Monitor International, now available

The UK economy could be close to hitting escape velocity, following many quarters of sluggish growth. Such has been the rapidity of the turnaround that we have revised up our 2013 growth forecast and we are confident that 2014 will similarly beat our previous expectations. As the UK economy begins to gather pace, total food expenditure will rise. Following the horse meat scandal earlier in 2013, British consumers are much more aware about the quality of their food. As health consciousness rises, healthy food consumption will grow, bucking the trend of the last five years.

Headline Industry Data (local currency)

* 2013 per capita food consumption growth = +1.4%; forecast 2013 to 2017 = +13.3%.
* 2013 alcoholic drinks value sales

growth = +1.2%; forecast 2013 to 2017 = +8.5%.
* 2013 soft drinks value sales growth = +4%; forecast 2013 to 2017 = +16%.
* 2013 mass grocery retail sales growth = +1.5%; forecast 2013 to 2017 = +8.7%.

Full Report Details at
- www.fastmr.com/prod/754526_united_kingdom_food_drink_report_q1_2 ..

Key Company Trends

Food Consumption Trends Changing: According to a report published by the Institute for Fiscal Studies in autumn 2013, in the last five years British consumers have cut down on the amount they spend on food and are making cheaper, less healthy choices. While the UK economy has been stagnant since the beginning of the 2008 global economic crisis, food price inflation has risen sharply, by 10.2% between 2007 and 2012. In that period, total food expenditure rose 5.9% to GBP75.9bn, meaning that real food expenditure fell by 4.3% in the five years to 2012. Food prices in the UK have risen a great deal faster in comparison to general inflation (CPI) than they have in France, the US, and OECD countries, as an average. As a result, cheaper and less healthy foods rose in popularity, driven by necessity from a cash-strapped consumer.

Diageo Slows Pace of Expansion: Having spent GBP3bn on acquisitions in the past three years, drinks giant Diageo announced in November 2013 that it will curb the pace of its takeovers, quashing rumours of a potential deal with US bourbon manufacturer Beam Inc. The world's largest spirits producer has aggressively increased its exposure to fast growing emerging markets. More than 42% of the company's revenues are now generated in emerging markets, up from 30% in 2004. However, expansion deals have significantly increased Diageo's debt commitments, standing at US$8,319mn in FY2013, up from US $3,729mn in FY2005.

Key Risks To Outlook

There are significant downside risks to our economic growth forecasts, particularly stemming from the impact of fiscal consolidation and the eurozone sovereign debt crisis.

Partial Table of Contents:

BMI Industry View
SWOT
- Food
- Drink
- Mass Grocery Retail
Industry Forecast
- Consumer Outlook
- Food
- Food Consumption
- Table: Food Consumption Indicators - Historical Data & Forecasts, 2010-2017
- Canned/Prepared Food
- Table: Canned Food Value/Volume Sales - Historical Data & Forecasts, 2010-2017
- Confectionery
- Table: Confectionery Value/Volume Sales - Historical Data & Forecasts, 2010-2017
- Snack Food
- Table: Snack Foods Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
- Pasta
- Table: Pasta Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
- Prepared Fish
- Table: Fish Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
- Other Processed Foods
- Table: Meat Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
- Table: Frozen Fruits/Vegetables Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
- Oils And Fats
- Table: Oils & Fats Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
- Dairy
- Table: Dairy Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
- Drink
- Hot Drinks
- Table: Hot Drinks Value Sales - Historical Data & Forecasts, 2010-2017
- Table: Hot Drinks Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
- Soft Drinks
- Table: Soft Drink Value Sales - Historical Data & Forecasts, 2010-2017
- Alcoholic Drinks
- Table: Alcoholic Drinks Value/Volume Sales - Historical Data & Forecasts, 2010-2017
- Table: Beer, Wine & Spirits Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
- Mass Grocery Retail
- Table: Mass Grocery Retail Sales - Historical Data & Forecasts, 2010-2017
- Table: Sales Breakdown By Retail Format Type (%)
- Trade
- Table: Food & Drink Trade Balance - Historical Data & Forecasts, 2010-2017
Macroeconomic Forecast
- Economic Activity
- Table: United Kingdom - Economic Activity
Industry Risk Reward Ratings
- Western Europe Risk/Reward Ratings
- Table: Western Europe Food & Drink Risk/Reward Ratings Q114
- Table: Western Europe Food & Drink Risk/Reward Sub-Factor Ratings Q114 (scores out of 10)
- United Kingdom Risk/Reward Ratings
Market Overview
- Food
- Food Processing
- Prepared Food
- Confectionery
- Private Labels
- Livestock
- Organic Food
- Drink
- Soft Drinks
- Alcoholic Drinks
- Mass Grocery Retail
- Table: Mass Grocery Retail Market By Estimated Number Of Outlets, 2003-2011
- Table: Mass Grocery Retail Market Sales Value By Format (US$bn), 2003-2011
- Table: Mass Grocery Retail Market Sales Value By Format (GBPbn), 2003-2011
- Table: Annual Average Sales Per Outlet By Format (2011)
Industry Trends And Developments
- Food
- Key Industry Trends And Developments
- Drink
- Key Industry Trends And Developments
- Mass Grocery Retail
- Key Industry Trends And Developments
Competitive Landscape
- Table: Key Players In The UK's Food Sector
- Table: Key Players In The UK's Drink Sector

Full Table of Contents is available at:
-- www.fastmr.com/catalog/product.aspx?productid=754526&dt=t

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.


Author:
Bill Thompson
e-mail
Web: www.fastmr.com
Phone: 18008448156

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