BMI View: Given inelastic demand for food and drink products, the sector will be among the most resilient
amid the overall slowdown in the economy that we are forecasting following the UK's decision to leave the
EU. We have downgraded our forecasts for food sales, and ..."
Seasonably cool weather influenced demand for soft drinks. Packaged water continued to buoy soft drinks as most other categories floundered. Sports and energy drinks volumes combined were flat over the quarter. Sports drinks suffer from an ..."
The Dairy and Soy Food market in the UK witnessed stable growth in volume terms during 2010-2015 and registered a CAGR of 2.1% in US dollar terms during the same period. Over the next five years there will be an increasing preference among UK c ..."
The UK beer market declined by 1% in 2015, with cool damp summer conditions contrasting with the previous year, where there was growth for the industry. Although there is an increasing interest in craft beer the segment still remains small in v ..."
BMI View: Household spending in the UK is set to outperform most Western European markets.
Nonetheless, existing high levels of consumption and the ongoing price war in the food retail sector will
continue to put downward pressure on nominal sales. In addition, rising ..."
A sustained strong performance by plain packaged water negated declines in various other soft drink categories. The announced sugar tax took the UK soft drinks industry by surprise resulting in reformulating brands to reduce sugar content d ..."
BMI View: We maintain our favourable consumer outlook for the UK, with household spending growth
outperforming most Western European markets. This will boost sales of food and drink, although the sector
will expand at a more moderate pace than headline household spend ..."
Combined ACB categories managed an increase in Q4-15, mainly driven by hot coffee and price driven white milk. Soft drinks were flat for the quarter and the year in general. Volumes were affected by carbonates and squash/syrups. Volumes of both ..."
Some of the key trends noted across the United Kingdom 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 w ..."
BMI View: The UK's economic recovery will continue to outpace the eurozone's for the foreseeable future,
and we expect real GDP to grow by 2.4% in both 2016 and 2017. Although growth has been primarily
driven by household consumption, fixed investment rates should beg ..."