Nordics Food and Drink Report

 Published On: Aug, 2016 |    No of Pages: 84 |  Published By: BMI Food and Drink | Format: PDF
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BMI View: A consumer base with some of the strongest purchasing power in the world, combined with a favourable business and regulatory environment, will continue to be an attractive characteristic for food and drink companies operating in Scandinavia. That said, market concentration and a weak demographic outlook will limit growth for new entrants.

Latest Updates & Industry Developments
-Throughout our forecast period to 2020, household spending will experience healthy growth in the Nordics, given the region's level of economic development. Nonetheless, performance will vary by country, with Sweden offering the fastest growth combined with the strongest demographic profile. On the other hand, Finland will experience the slowest growth rates across the region.
-Due to the maturity of the food and drink industry, we expect sales to slightly underperform headline household spending. In addition, we expect opportunities to be concentrated in premiumisation rather than volume growth.
-A long-term trend affecting the Nordics, as well as most Western European markets, is rising health awareness among consumers. This will drive sales of foodstuff with high nutritional content. In the drinks sector, it will boost the performance of mineral waters and fruit juices at the expense of carbonated soft drinks.
-The adoption of healthier lifestyles will have a negative impact on alcoholic drinks consumption, with consumers drinking less. Combined with strong government intervention in the sector, the industry will show little dynamism. A relative bright spot will be the wine industry.

BMI Industry View ...... 7
SWOT ...... 8
Food & Drink ...... 8
Industry Forecast ..... 10
Regional Consumer Outlook ...... 10
Latest Updates .. 10
Structural Trends ..... 10
Denmark .... 13
Latest Updates .. 13
Structural Trends ..... 13
Table: Food Sales (Denmark 2013-2020) 14
Table: Non-Alcoholic Drinks Sales (Denmark 2013-2020) . . 17
Table: Total Alcoholic Drinks Spending And Consumption (Denmark 2013-2020) . . 19
Finland ...... 21
Latest Updates .. 21
Structural Trends ..... 21
Table: Food Sales (Finland 2013-2020) . . 22
Table: Non-Alcoholic Drinks Sales (Finland 2013-2020) . . . . 24
Table: Total Alcoholic Drinks Spending And Consumption (Finland 2013-2020) . . . . 25
Norway ...... 27
Latest Updates .. 27
Structural Trends ..... 27
Table: Food Sales (Norway 2013-2020) . . 28
Table: Non-Alcoholic Drinks Sales (Norway 2013-2020) . . . . 31
Table: Total Alcoholic Drinks Spending And Consumption (Norway 2013-2020) . . . . 33
Sweden ...... 35
Latest Updates .. 35
Structural Trends ..... 35
Table: Food Sales (Sweden 2013-2020) . . 36
Table: Non-Alcoholic Drinks Sales (Sweden 2013-2020) . . . . 39
Table: Total Alcoholic Drinks Spending And Consumption (Sweden 2013-2020) . . . . 41
Industry Risk Reward Index .. 43
Western Europe Risk/Reward Index ... 43
Table: Western Europe - Food & Drink Risk/Reward Index, Q416 . . . . 45
Nordics Risk/Reward Index . 48
Market Overview ...... 50
Food .. 50
Recent Developments 50
Market Drivers & Trends .. 50
Drink . 53
Recent Developments 53
Market Drivers & Trends .. 53
Mass Grocery Retail .. 55
Recent Developments 55
Market Drivers & Trends .. 55
Demographic Forecast ... 58
Sweden Demographic Forecast .. 58
Table: Population Headline Indicators (Sweden 1990-2025) 59
Table: Key Population Ratios (Sweden 1990-2025) 59
Table: Urban/Rural Population & Life Expectancy (Sweden 1990-2025) . . 60
Table: Population By Age Group (Sweden 1990-2025) . 60
Table: Population By Age Group % (Sweden 1990-2025) . . . 61
Norway Demographic Forecast .. 63
Table: Population Headline Indicators (Norway 1990-2025) 64
Table: Key Population Ratios (Norway 1990-2025) . . . . 64
Table: Urban/Rural Population & Life Expectancy (Norway 1990-2025) . . 65
Table: Population By Age Group (Norway 1990-2025) . 65
Table: Population By Age Group % (Norway 1990-2025) . . . 66
Denmark Demographic Forecast 68
Table: Population Headline Indicators (Denmark 1990-2025) . . . 69
Table: Key Population Ratios (Denmark 1990-2025) . . . 69
Table: Urban/Rural Population & Life Expectancy (Denmark 1990-2025) 70
Table: Population By Age Group (Denmark 1990-2025) . . . . 70
Table: Population By Age Group % (Denmark 1990-2025) . 71
Finland Demographic Forecast .. 73
Table: Population Headline Indicators (Finland 1990-2025) 74
Table: Key Population Ratios (Finland 1990-2025) . . . . 74
Table: Urban/Rural Population & Life Expectancy (Finland 1990-2025) . . 75
Table: Population By Age Group (Finland 1990-2025) . 75
Table: Population By Age Group % (Finland 1990-2025) . . . 76
Glossary ...... 78
Food & Drink ... 78
Mass Grocery Retail . 78
Methodology ...... 80
Industry Forecast Methodology 80
Sector-Specific Methodology .... 81
Sources .... 81
Risk/Reward Index Methodology ...... 82
Table: Food & Drink Risk/Reward Index Indicators . . . . 83
Table: Weighting . 84
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