Europe Food & Drink Market Explored & Projected by BMI RESEARCH in New Report Recently Uploaded at MarketPublishers.com01 Aug 2016 • by Natalie Aster
LONDON – The future outlook for Europe is characterised by caution, as economic uncertainty and political risk have a considerable influence on consumer spending in the region. Food and drink spending in the European region is anticipated to witness a positive increase in the short run, following a decline registered in the past year.
Changing consumer preferences together with careful spending and price wars is predicted to continue put pressure on the margins of top retailers in the Western European region. Meanwhile, discount retailers are well-placed to take maximum benefits from more price-conscious households. Emerging opportunities in convenience, health and halal sectors open long-term potential for food and drink market players.
At the present day, ‘Brexit’ is the top challenge for the region, with widespread implications for the European countries and food and beverage industry. For instance, Scotch whiskey together with restaurants stand to lose after a ‘Leave’ vote.
New report by BMI RESEARCH “Europe Food and Drink Report Q3 2016” gives a detailed guide to the European food and drink market. It pays special attention to top trends and the latest industry developments. Data on the main market growth driving and restraining factors, a comprehensive overview of competitive pressures, info on opportunities and challenges, insights into the historical market development and many other important industry related details are available in this topical report. It comprises top players profiles, discusses key market growth prospects and possible future development ways and uncovers important market performance data.
More market research publications by this publisher are provided in the BMI RESEARCH’s catalogue.