Includes 3 FREE quarterly updates
BMI View: The outlook for the Bulgarian consumer sector looks to be picking up, and we continue to expect a moderate recovery in the Bulgarian economy to gather pace in 2013, forecasting real GDP growth of 1.5%. This growth will be in response to the eurozone's slow return to growth and greater spending from the Bulgarian government. Household consumption has been the principal driver of Bulgarian economic growth in 2012. Real wage growth remained robust throughout the year, averaging 4.3% year-on-year in spite of persistently high unemployment ticking up to 11.3% in November. Nevertheless, a number of major issues remain, as unemployment is still stubbornly high, with long-term unemployment particularly problematic. Over the longer term, issues such as economic difficulties and the continuation of emigration of younger and better qualified workers are also major concerns, limiting the opportunities for premiumisation.
Headline Industry Data (local currency)
BMI View: The outlook for the Bulgarian consumer sector looks to be picking up, and we continue to expect a moderate recovery in the Bulgarian economy to gather pace in 2013, forecasting real GDP growth of 1.5%. This growth will be in response to the eurozone's slow return to growth and greater spending from the Bulgarian government. Household consumption has been the principal driver of Bulgarian economic growth in 2012. Real wage growth remained robust throughout the year, averaging 4.3% year-on-year in spite of persistently high unemployment ticking up to 11.3% in November. Nevertheless, a number of major issues remain, as unemployment is still stubbornly high, with long-term unemployment particularly problematic. Over the longer term, issues such as economic difficulties and the continuation of emigration of younger and better qualified workers are also major concerns, limiting the opportunities for premiumisation.
Headline Industry Data (local currency)
- 2013 per capita food consumption growth: +2.25%; forecast compound annual growth rate to 2017: +2.65%.
- 2013 alcoholic drinks sales growth: +4.0%; forecast compound annual growth rate to 2017: +5.12%.
- 2013 soft drinks sales growth: +6.27%; forecast compound annual growth rate to 2017: +4.18%.
- 2013 mass grocery retail sales growth: +4.17%; forecast compound annual growth rate to 2017: +5.75%.
BMI Industry View
SWOT
Food
Drink
Mass Grocery Retail
Industry Forecast
Consumer Outlook
Food
Food Consumption
Table: Food Consumption Indicators - Historical Data & Forecasts, 2010-2017
Confectionery
Table: Confectionery Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
Canned Food
Table: Canned Food Value/Volume Sales - Historical Data & Forecasts, 2010-2017
Meat
Table: Meat Consumption, Production & Trade - Historical Data & Forecasts, 2010-2017
Pasta
Table: Pasta Consumption, Production & Trade - Historical Data & Forecasts, 2010-2017
Snacks And Other Processed Food
Table: Snack Foods Consumption, Production & Trade - Historical Data & Forecasts, 2010-2017
Dairy
Table: Dairy Consumption, Production & Trade - Historical Data & Forecasts, 2010-2017
Drink
Alcoholic Drinks
Table: Alcoholic Drinks Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
Soft Drinks
Table: Soft Drinks Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
Hot Drinks
Table: Hot Drinks Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
Mass Grocery Retail
Table: Mass Grocery Retail Sales - Historical Data & Forecasts, 2010-2017
Table: Table: Grocery Retail Sales By Format
Trade
Table: Food & Drink Trade Indicators, 2010-2017
Macroeconomic Forecasts
Table: Bulgaria - Economic Activity
Industry Risk Reward Ratings
Central And Eastern Europe Risk/Reward Ratings
Table: Central & Eastern Europe Food & Drink Risk/Reward Ratings Q213
Table: Central & Eastern Europe Food and Drink Risk/Reward Ratings Sub-components Q213 (out of 10)
Bulgaria Risk/Reward Ratings
Market Overview
Food
Food Production
Confectionery
Canned Food
Trade
Agriculture
Organic Farming
Drink
Alcoholic Drinks
Soft Drinks
Hot Drinks
Mass Grocery Retail
Table: Structure Of The Mass Retail Grocery Market By Number Of Outlets, 2002-2011
Table: Structure Of The Mass Retail Grocery Market By Value, 2002-2011
Table: Value Sales By Individual Outlet Type (2011)
Industry Trends And Developments
Food
Drink
Mass Grocery Retail
Competitive Landscape
Table: Key Players In Bulgaria's Food Sector
Table: Key Players In Bulgaria's Drink Sector
Table: Key Players In Bulgaria's Mass Grocery Retail Sector
Company Profile
Unilever Bulgaria
Kraft Bulgaria
Nestlé Bulgaria AD
Ital Food Industry AD
Zagorka (Heineken)
Carlsberg Bulgaria
Kamenitza (StarBev, formerly InBev Bulgaria)
Devin
Metro Cash & Carry Bulgaria
Rewe Bulgaria (Billa and Penny Markt)
CBA Bulgaria
Piccadilly (Delta Delhaize)
Lidl Bulgaria
Global Industry Overview
Table: Core Views
Demographic Forecast
Table: Bulgaria's Population By Age Group, 1990-2020 ('000)
Table: Bulgaria's Population By Age Group, 1990-2020 (% of total)
Table: Bulgaria's Key Population Ratios, 1990-2020
Table: Bulgaria's Rural And Urban Population, 1990-2020
Glossary
Food & Drink
Mass Grocery Retail
Methodology
Risk/Reward Ratings Methodology
Table: Rewards
Table: Risks
Table: Weighting
SWOT
Food
Drink
Mass Grocery Retail
Industry Forecast
Consumer Outlook
Food
Food Consumption
Table: Food Consumption Indicators - Historical Data & Forecasts, 2010-2017
Confectionery
Table: Confectionery Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
Canned Food
Table: Canned Food Value/Volume Sales - Historical Data & Forecasts, 2010-2017
Meat
Table: Meat Consumption, Production & Trade - Historical Data & Forecasts, 2010-2017
Pasta
Table: Pasta Consumption, Production & Trade - Historical Data & Forecasts, 2010-2017
Snacks And Other Processed Food
Table: Snack Foods Consumption, Production & Trade - Historical Data & Forecasts, 2010-2017
Dairy
Table: Dairy Consumption, Production & Trade - Historical Data & Forecasts, 2010-2017
Drink
Alcoholic Drinks
Table: Alcoholic Drinks Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
Soft Drinks
Table: Soft Drinks Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
Hot Drinks
Table: Hot Drinks Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
Mass Grocery Retail
Table: Mass Grocery Retail Sales - Historical Data & Forecasts, 2010-2017
Table: Table: Grocery Retail Sales By Format
Trade
Table: Food & Drink Trade Indicators, 2010-2017
Macroeconomic Forecasts
Table: Bulgaria - Economic Activity
Industry Risk Reward Ratings
Central And Eastern Europe Risk/Reward Ratings
Table: Central & Eastern Europe Food & Drink Risk/Reward Ratings Q213
Table: Central & Eastern Europe Food and Drink Risk/Reward Ratings Sub-components Q213 (out of 10)
Bulgaria Risk/Reward Ratings
Market Overview
Food
Food Production
Confectionery
Canned Food
Trade
Agriculture
Organic Farming
Drink
Alcoholic Drinks
Soft Drinks
Hot Drinks
Mass Grocery Retail
Table: Structure Of The Mass Retail Grocery Market By Number Of Outlets, 2002-2011
Table: Structure Of The Mass Retail Grocery Market By Value, 2002-2011
Table: Value Sales By Individual Outlet Type (2011)
Industry Trends And Developments
Food
Drink
Mass Grocery Retail
Competitive Landscape
Table: Key Players In Bulgaria's Food Sector
Table: Key Players In Bulgaria's Drink Sector
Table: Key Players In Bulgaria's Mass Grocery Retail Sector
Company Profile
Unilever Bulgaria
Kraft Bulgaria
Nestlé Bulgaria AD
Ital Food Industry AD
Zagorka (Heineken)
Carlsberg Bulgaria
Kamenitza (StarBev, formerly InBev Bulgaria)
Devin
Metro Cash & Carry Bulgaria
Rewe Bulgaria (Billa and Penny Markt)
CBA Bulgaria
Piccadilly (Delta Delhaize)
Lidl Bulgaria
Global Industry Overview
Table: Core Views
Demographic Forecast
Table: Bulgaria's Population By Age Group, 1990-2020 ('000)
Table: Bulgaria's Population By Age Group, 1990-2020 (% of total)
Table: Bulgaria's Key Population Ratios, 1990-2020
Table: Bulgaria's Rural And Urban Population, 1990-2020
Glossary
Food & Drink
Mass Grocery Retail
Methodology
Risk/Reward Ratings Methodology
Table: Rewards
Table: Risks
Table: Weighting