Lithuania Food & Drink Report

Product Description

The Lithuania Food & Drink Report features Business Monitor International (BMI)'s market assessment and independent forecasts to end-2016 for food and drink expenditure, consumption, sales, and imports/exports, and for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook, and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

BMI's Lithuania Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry, and the mass grocery retail market in Lithuania.

Summary of BMI's key industry forecasts, and views, covering food and drink manufacturing and consumption and the retail market.

BMI's Food & Drink Business Environment Ratings provide a country-comparative Risk-Reward Ratings index aimed at investors, food and drink manufacturers and mass grocery retailers.

The ratings methodology makes sophisticated use of over 40 industry, economic and demographic data points.

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the food, drink and mass grocery retail sectors, and within the broader political, economic and business environment.

Divided into three sections, BMI's food chapter provides insight into a market's food industry, centred on a forecast to end-2016 for the sector. The chapter includes the following elements:

Industry Forecast Scenario - Historical data series and forecasts to end-2016 for growth of key indicators within a market's food industry. Including consumption, food consumption as % of GDP, canned food sales, confectionery sales and food and drink imports and exports, among others.

Industry Developments - A summary of corporate developments, including news on M&As, FDI, expansions, closures and financial results, in addition to analysis and explanation of the latest industry events and how these could influence further investment.

Market Overview - An overview of the structure of the market, introducing the key players and discussing underlying trends.

Segmented the same way as BMI's food chapter, the drink section provides insight into the market's drink industry, centred on a forecast to end-2016 for the sector. Forecast indicators include alcoholic and soft drink sales by value, volume and sub-sector and tea and coffee sales, among others.

Segmented the same way as BMI's food and drink chapters, the mass grocery retail section provides insight into a market's grocery retail industry, centred on a forecast to end-2016 for the sector. Forecast indicators include mass grocery retail sales by format (including supermarkets, hypermarkets, convenience and discount stores) and a breakdown for the organised retail sector versus the traditional sector, among others.

Illustration of the industry via rankings tables comparing revenues, number of outlets and number of employees. BMI analyses each company's market position, business strategies and investment potential.

Executive Summary 7

SWOT Analysis 8

Lithuania Food Industry SWOT 8

Lithuania Drink Industry SWOT 9

Lithuania Mass Grocery Retail Industry SWOT 10

Business Environment 11

BMI’s Core Global Industry Views 11

Table: Agricultural Commodity Prices 13

Table: Core Views Q411 19

CEE Food & Drink Risk/Reward Ratings 20

Table: Central And Eastern Europe Food & Drink Risk/Reward Ratings Q212 24

Lithuania’s Food and Drink Business Environment Rating 25

Macroeconomic Outlook 26

Table: Lithuania – Economic Activity 29

Table: Lithuania - GDP By Expenditure, US$ Terms Breakdown 29

Industry Forecast Scenario 30

Consumer Outlook 30

Food 33

Food Consumption 33

Table: Food consumption indicators 34

Confectionery 34

Table: Confectionery – Production, Consumption and Trade – Historical Data & Forecasts 34

Processed Foods 36

Table: Processed Meat – Production, Consumption and Trade – Historical Data & Forecasts 36

Table: Snack Food ? Production, Consumption and Trade – Historical Data & Forecasts 37

Table: Pasta – Production, Consumption and Trade – Historical Data & Forecasts 39

Dairy 40

Table: Dairy – Production, Consumption and Trade – Historical Data & Forecasts 41

Drink 45

Alcoholic Drinks 45

Table: Alcoholic Drink indicators 46

Table: Alcoholic Drinks – Production, Consumption and Trade – Historical Data & Forecasts 46

Soft Drinks 48

Table: Soft Drink indicators 49

Table: Soft Drinks – Production, Consumption and Trade – Historical Data & Forecasts 49

Hot Drinks 51

Table: Hot Drinks – Production, Consumption and Trade – Historical Data & Forecasts 51

Mass Grocery Retail 52

Table: Retail indicators 54

Table D: Grocery Retail Sales By Format – Historical Data And Forecasts 54

Trade 55

Sectoral trade indicators 55

Food 56

Key Industry Trends and Developments 56

Interests in the Baltics Marred by Modest Returns 56

Market Overview 56

Food Consumption 56

Table: Lithuania – Consumption of Main Foodstuffs Per Capita (kg) 57

Food Processing 57

Leading Food Producers 57

Confectionery 59

Trade 59

Agriculture 60

Table: Oils and Fats – Production, Consumption and Trade – Historical Data & Forecasts 61

Table: Frozen Fruit and Vegetables – Production, Consumption and Trade – Historical Data & Forecasts 63

Drink 65

Key Industry Trends and Developments 65

Authorities to Ban Sales of ‘Strong Beer’ 65

Foreign Players Remain Interested in Distribution Agreements 65

Multinationals Seeking Cheaper Production Locations 66

Market Overview 67

Alcoholic Drinks 67

Beer 67

Spirits 68

Soft Drinks 69

Hot Drinks 70

Mass Grocery Retail 71

Key Industry Trends and Developments 71

Lidl Eyeing Lithuanian Entry in 2012 71

Maxima Feels the Pinch, but Looks Ahead 71

Rimi Closes Outlets in Lithuania 72

Market Overview 72

Leading Retailers 73

Table : Structure of Lithuania's Mass Grocery Retail Market by Number of Outlets 75

Table : Structure of Lithuania's Mass Grocery Retail Market - Sales Value by Format 75

Table : Lithuania - Average Annual Sales Per Outlet By Format, 2011 76

Competitive Landscape 77

Key Players 77

Table: Key Players in Lithuania's Food Sector 77

Table: Key Players in Lithuania's Drink Sector 78

Table: Key Players in Lithuania’s Mass Grocery Retail Sector 79

Company Analysis 81

Food 81

Paulig Baltic AS 81

Vilniaus Duona Plius 82

Kraft Lietuva 83

Drink 84

Kalnapilis-Tauro Grupe (KTG) (Royal Unibrew) 84

Stumbras 85

AB Alita 86

Agriculture 87

AB Rokiskio Suris 87

Mass Grocery Retail 88

Rimi Baltic AB 88

Maxima LT (Vilniaus Prekyba) 90

IKI Group 92

BMI Methodology 93

Food & Drink Business Environment Ratings 93

Ratings Methodology 93

Ratings System 93

Indicators 93

Table: Limits Of Potential Returns 94

Table: Risks To Realisation Of Potential Returns 95

Weighting 96

Table: Weighting 96

BMI Food & Drink Industry Glossary 97

Food & Drink 97

Mass Grocery Retail 97

BMI Food & Drink Forecasting And Sources 99

How We Generate Our Industry Forecasts 99

Sources 100