Australia Food & Drink Q3 2018
Growth in Australia's food sector will decelerate in 2018, reflecting our expectations for a slowdown in the country'soverall economic growth as well as various headwinds for household spending. Despite the slowdown, we believethat premiumisation and healthification trends will continue throughout our forecast period. Australia's mature alcoholic drinksmarket will register only minor increases in terms of volume consumption, while the non-alcoholic drinks sector continues to offeropportunities for premiumisation, especially in the coffee and mineral water categories. We expect fierce competition to continue inthe mass grocery retail sector, which will foster innovation and put pressure on prices.
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