BMI View: An uptick in household spending growth will present growth opportunities for the food and
drink industry over 2016. Per capita spending on food and non-alcoholic drinks will exceed headline
growth, indicating consumer willingness to increase expenditure in t ..."
The summer season has shown a good start with growing number of tourists from Russia and the EU. Companies are expecting a strong summer investing in categories with high seasonality and portion sized packages. Modern trade growth remained ..."
The impact of the hot summer in 2015, which had the effect of increasing the volume in still drinks at the expense of juice and nectars, has subsided. Due to the high seasonality in the alcoholic drinks market, its growth slowed down in Q1- ..."
BMI View: Increased household spending and strong private consumption in 2016 will translate into
opportunities for the food and drink industry, though headline spending levels are still below what they
were before the recession. Value will continue to be important, w ..."
Despite the decline in the tourist sector, the economy continued its recovery which helped the commercial beverage industry to grow further. Despite the warm weather, growth of alcoholic beverages was slowed by higher investment in smaller pack ..."
BMI View: A rising propensity for consumers to spend should translate into a moderately improved outlook
for food and drink manufacturers as well as retailers, particularly given how challenging the environment
has been since the global financial crisis in 2008. The e ..."
Some of the key trends noted across Bulgaria include: consumers starting to watch their sugar intake especially in western markets where low calorie variants are taking share, or consumers moving towards packaged water and flavoured waters; fru ..."
SummaryThe economy continued its recovery, driven by the dramatic growth in industrial exports. After the cool and rainy summers of 2013-14, warm weather in Q2 and Q3-15 helped consumption levels increase in seasonal categories. The return of economic growth a ..."
BMI View: Private consumption will remain the largest component of GDP and contributor to economic
growth. The lev's devaluation has not negatively affected the import bill and we do not expect a drop in
purchasing power. On the one side, Bulgaria imports mainly from ..."
The hotter weather increased the consumption of soft drinks after two particularly bad summers. Beer and Cider both increased along with FABs due to an ease in illegal production and the warmer weather. The economic situation has improved, ..."