DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/5ba179/belarus_food_and_d) has announced the addition of the "Belarus Food and Drink Report Q4 2011" report to their offering.
The consumer outlook for Belarus has worsened over the past months, with the trend of premiumisation definitely put on hold. Inflation hit 48.4% in July 2011, a particularly striking fact in the highly managed Belarusian economy, where food prices are mandated by law and thus kept artificially low. Anecdotal evidence suggests that the black market is expanding quickly, with the pending free floating of the rouble also to have a further devaluating effect on the currency.
Headline Industry Data (local currency)
- 2011 food consumption = +11.46%; forecast to 2015 = +80.20%
- 2011 per capita food consumption = +11.94%; forecast to 2015 = +84.03%
- 2011 alcoholic drinks sales = +10.15%; forecast to 2015 = +73.35%
- 2011 per capita alcoholic drinks sales = +10.62%; forecast to 2015 = +77.04%
Key Company Trends
Belarus Looking to Increase Its Role in the Sugar Processing Market - In August 2011, BelTA reported that an unnamed Polish company is viewed as a potential partner in the proposed sugar refinery project. The mill, which is to be built in Mogilev Oblast, would have the capacity to process more than 1mn tonnes of sugar beet. The companies engaged in the industry, which is encouraged to increase investment, product range (with a focus on more packaged sugar and products such as jams) and efficiency, and also to diversify its export markets. Presently, most of the Belarus sugar is exported to Russia, which is aiming to improve its domestic capacities for sugar beet processing.
Key Topics Covered:
- SWOT Analysis Industry Forecast Scenario Food Drink Mass Grocery Retail Market Overview Company Analysis
Companies Mentioned:
- Bellakt
- Kraft Foods
- Krinitsa
- PepsiCo,
- Sedmoi Kontinent
- Vester
For more information visit http://www.researchandmarkets.com/research/5ba179/belarus_food_and_d