The global forage feed market has been undergoing noteworthy development in the past few years. This can be accredited to the progression in farm animal production, upsurge in the global meat intake, and growing awareness regar…
BMI View: A weak consumer outlook will limit growth in Slovenia's food and drink industry. A precarious
macroeconomic situation whereby high unemployment and weak wage growth contribute to poor domestic
demand underpins our outlook for the sector. As purchasing power increasingly comes under pressure, we
expect consumers to favour economically priced goods- particularly private label goods.
Latest Updates & Industry Developments
? Food consumption value (local currency) sales growth year-on-year (y-o-y) in 2016 +1.9%; compound
annual growth rate (CAGR) 2015-2020: +2.7%.
? Non-alcoholic drinks value (local currency) sales growth year-on-year (y-o-y) in 2016 +2.4%; CAGR
? Carbonated soft drinks will show the strongest growth over our forecast period to 2020.