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Venezuela Food and Drink Report Q2 2016

Venezuela Food and Drink Report Q2 2016

BMI View: We hold a dim outlook for Venezuela's food, drink and mass grocery retail sectors, which are set to contract in real terms over 2016. Our outlook is underpinned by the country's bleak economy, which is set to experience a contraction of 6.2% over 2016, as well as high inflation and a weak consumer profile. As inflation continues to rise unabated, consumer purchasing power will decline substantially. We expect household consumption to decline across multiple food and drink sub-sectors over the coming quarters.

Latest Updates Latest Updates & Industry Developments Industry Developments

Food sales (local currency) growth y-o-y in 2016: +87.1%; compound annual growth rate (CAGR) 2015-2020: +48.7%.

Non-alcoholic drinks sales (local currency) growth y-o-y in 2016: +87.2%; CAGR 2015-2020: +48.7%

Closure of units at Empresas Polar due to a lack of imported barley, in addition to worker strikes and a takeover by government troops, will see lower production and lead to a beer shortage.


BMI Industry View
SWOT
Food & Drink
Industry Forecast
Consumer Outlook
Latest Updates
Structural Trends
Food
Latest Updates
Structural Trends
Table: Food Sales (Venezuela 2013-2020)
Drink
Latest Updates
Structural Trends
Table: Non-Alcoholic Drink Sales (Venezuela 2013-2020)
Mass Grocery Retail
Latest Updates
Structural Trends
Industry Risk Reward Index
Latin America - Risk/Reward Index
Table: Latin America Food & Drink Risk/Reward Index Q216
Table: Latin America Food & Drink Risk/Reward Sub-Factor Index Q216 (scores out of 10)
Venezuela Risk/Reward Index
Market Overview
Food
Recent Developments
Market Drivers & Trends
Drink
Recent Developments
Mass Grocery Retail
Recent Developments
Competitive Landscape
Table: Key Players In Venezuela's Food Sector
Table: Key Players In Venezuela's Drink Sector
Table: Key Players In Venezuela's Mass Grocery Retail Sector
Company Profile
Alimentos Heinz
Cargill Venezuela
Coca-Cola FEMSA
Diageo de Venezuela
Empresas Polar
Makro Venezuela
Mercal CA
Pernod Ricard Venezuela
Demographic Forecast
Demographic Outlook 2015
Table: Population Headline Indicators (Venezuela 1990-2025)
Table: Key Population Ratios (Venezuela 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Venezuela 1990-2025)
Table: Population By Age Group (Venezuela 1990-2025)
Table: Population By Age Group % (Venezuela 1990-2025)
Glossary
Food & Drink
Mass Grocery Retail
Methodology
Industry Forecast Methodology
Sector-Specific Methodology
Sources
Risk/Reward Index Methodology
Table: Food & Drink Risk/Reward Index Indicators
Table: Weighting

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