Rising incomes, low inflation and a favourable labour market underpin our favourableconsumer outlook for Israel, which will in turn create expansion opportunities in the food and drinkindustry throughout our forecast period to 2021. Traditional products will continue to show the highestgrowth rates, but niche and health products will feature increasingly in consumer spending, drivinginnovation and demand for premium products. The consumer trend towards private label goods willcontinue to drive growth in the mass grocery retail segment, particularly favouring the discount andconvenience store sub-segments, which are expected to perform strongly.
Latest Updates And Industry Developments
Israel's Antitrust Authority fined the Central Bottling Company ILS62.7mn in March 2017, allegingthat the company had committed numerous violations by using its overwhelming dominance of the colaand iced-tea segments to oust rival competitor's products.