BMI View: Spanish real GDP growth will remain robust in 2017 before gradually easing in the yearsahead, although it will remain above eurozone averages. The near-term economic outlook will be supportedby solid domestic and external demand, leading to continued investment in Spain by food and drinkmultinationals. Opportunities exist for further premiumisation and value added products. Additionally, themass grocery retail sector is expected to see further modernisation as leading players continue withrefurbishment and remodelling plans.
Latest Updates And Industry Developments
Food sales in Spain are set to grow by around 3% annually over our five-year forecast period to 2021, toreach EUR98.8bn.