Eco-Friendly ingenuities are motivating huge growth in the industry of plant-based plastic packaging market. The industry is chiefly driven by eco-friendly characteristics of these plastic. North America is foretold to be the utmost reve…
BMI View: Belarus's food and drink sector will experience modest growth over our forecast period. Weak
consumer purchasing power and a tepid economic growth will constrain consumer spending throughout our
forecast period. Regressive regulations in the mass grocery retail sector will continue to deter investors
and, as such; we expect the sector to remain underdeveloped beyond our forecast period. On the other
hand, the alcohol sector will remain resilient- experiencing robust growth in spending and consumption up
Latest Updates & Industry Developments
? Food sales (local currency) growth y-o-y in 2016 +14.6%; compound annual growth rate (CAGR)
? Per capita food sales (local currency) growth y-o-y in 2016 +14.8%; CAGR 2015-2020: +14.2%.
? Non-alcoholic drinks sales (local currency) growth y-o-y in 2016 +15%; CAGR 2015-2020: +14.2%.
? Alcoholic drinks will remain resilient throughout our forecast period.