France's economy is still
lagging substantially behind regional peers. The outlook for French households
did not improve significantly over Q114, however, with unemployment continuing
its steady ascent to record highs. While consumer confidence has risen in
recent readings, we see few fundamental factors supporting this growing
optimism. Food retail sales are now down, indicating that momentum supporting the
sector has waned. Still, the importance of the food industry for the economy
and the fact that France is one of the few European countries with a growing,
young population will leave food consumption growth relatively steady over the
coming years.
Headline Industry Data (local currency)
- 2014 per capita food consumption = +0.8%; forecast compound annual growth rate (CAGR) to 2018 = +0.8%.
- 2014 alcoholic drink value sales = +0.4%; forecast CAGR to 2018 = +0.5%.
- 2014 soft drink value sales = +2.6%; forecast CAGR to 2018 = +2.6%.
- 2014 mass grocery retail sales = +2.5%; forecast CAGR to 2018 = +2.5%.
Spanning over 149 pages, “France Food and Drink Report Q4 2014” report covering the Industry
Forecast, Consumer Outlook, Macroeconomic Forecast, Market Overview, Company
Profile, Methodology.
Know
more about this report at – http://mrr.cm/ZDR
Find
all Food and Beverages Reports at: http://www.marketresearchreports.com/food-beverages
No comments:
Post a Comment