The global pet care market is foretold to improve in the forthcoming years as matched to the preceding years and will showcase better sales in various market segments. It is estimated that the global pet care market will grow at a CAGR o…
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.