DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/a84cc5/germany_food_and_d) has announced the addition of the "Germany Food and Drink Report Q4 2011" report to their offering.
Germany's impressive economic growth in the first portion of the year was driven primarily by strong domestic demand, encouraging us to raise our full-year GDP forecast to 3.5% from 3.0% previously. The country's fiscal position requires less drastic restructuring over the next five years than some of its regional neighbours, and there have been signs of optimism emerging from the retail sector. Germany was one of the strongest economic performers in 2010, and the results of the country's leading retailers suggest that the consumer sector may be gathering legs. A trend away from discount stores could be emerging, with long-term implications for the country's retail sector and consumption.
Key Company Trends
Germany has been hit by an E. coli outbreak that has killed dozens and hit the produce sector badly. The outbreak of the E. coli strain, which was linked to fenugreek seeds imported from Egypt into Germany, left more than 4,300 people ill and 50 dead. The last case of illness linked to the outbreak was seen in early July, and health officials in Germany have declared that the outbreak has come to an end. Sales of fresh produce in a number of European markets have been badly affected, with farmers' federations estimating that growers were losing EUR400mn on a weekly basis.
German retail giant Metro has recently revealed it is in talks regarding the possible disposal of is Real hypermarket chain. The firm is also reported to be considering a separate stock market listing for its Kaufhof department store chain.
Companies Mentioned:
- Oetker Group
- Nordmilch Group
- Haribo
- Lieken Group
- Emig GmbH & Co KG (GerberEmig Group)
- Radeberger Group (Oetker Group)
- Anheuser-Busch InBev Germany
- Lidl Group
- Rewe Group
For more information visit http://www.researchandmarkets.com/research/a84cc5/germany_food_and_d