DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/75ce62/belarus_food_and_d) has announced the addition of the "Belarus Food and Drink Report Q3 2011" report to their offering.
The Belarus Food and Drink Report provides industry professionals and strategists, corporate analysts, food and drink associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Belarus's food and drink industry.
While strong industrial activity and exports will keep economic growth well supported, household consumption in Belarus will be constrained, as the government attempts to rein in a massive current account deficit. In fact, consumers in Belarus have traditionally been fond of economy items, a pattern further solidified by the elevated unemployment levels and inflation tipping into double-digit figures.
At the same time, Belarusian President Alexander Lukashenko's previous pledge to bring average monthly wages up to US$500 now looks unachievable, at least in the near term, while further local currency devaluation will make imported food and drink products even more expensive.
Headline Industry Data (local currency):
- 2011 food consumption = +10.96%; forecast to 2015 = +74.79%
- 2011 per capita food consumption = +11.45%; forecast to 2015 = +78.51%
- 2011 alcoholic drinks sales = +9.82%; forecast to 2015 = +69.37%
- 2011 per capita alcoholic drinks sales = +10.30%; forecast to 2015 = +72.98%
Companies Mentioned:
- Bellakt
- Kraft Foods
- Krinitsa
- PepsiCo
- Mass Grocery Retail
- Sedmoi Kontinent
- Vester
To view the reports full table of contents and for more information, please visit http://www.researchandmarkets.com/research/75ce62/belarus_food_and_d