France Food & Drink Report

Published 03 June 2015

  • 149 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
$1,295.00
France Food & Drink Report

BMI View: Following three years of stagnation, during which headline GDP growth averaged just 0.3%, we believe the French economy is poised for moderate consumer-led growth acceleration over the next two years. We now forecast real GDP growth of 0.9% in 2015 and 1.1% in 2016, up from 0.7% and 0.9% previously. In April, the consumer confidence index registered its highest level since November 2010, as French households appear to be benefiting from low oil prices and the associated boost to real wage growth. Given that consumer spending is the traditional driver of the French economy, this bodes well for growth momentum over the remainder of 2015. T he importance of the food industry for the economy and the fact that France is one of the few European countries with a growing, young population will leave food consumption growth relatively steady over the coming years.

Headline Industry Data (local currency)

  • 2015 per capita food consumption year-on-year (y-o-y) = +0.7%; forecast compound annual growth rate (CAGR) 2014 to 2019 = +0.8%.

  • 2015 alcoholic drink value sales y-o-y = +0.4%; forecast CAGR 2014 to 2019 = +0.8%.

  • 2015 soft drink value sales y-o-y = +1.5%; forecast CAGR 2014 to 2019 = +1.9%.

  • 2015 mass grocery retail sales y-o-y = +2.0%; forecast CAGR 2014 to 2019 = +2.2%.

Headline Industry Trends

Yoghurt Companies Fined For Price Fixing : In March 2015, France's competition authority fined 11 dairy companies a total of EUR192mn (USD203mn) for fixing prices on yogurt-related goods. Companies involved in the alleged price fixing included Yoplait, Lactalis and Senagral, as well as makers of most store-bought yogurt brands sold around France. The cartel was revealed due to a special procedure that permits companies to testify their own price-fixing activity to regulators in exchange for reduced punishment. Yoplait, owned by US-based General Mills, was the first company to report the activity and was thus exempted from fines, while Senagral...

BMI Industry View
7
SWOT
9
Food
9
Drink
11
Mass Grocery Retail
13
Industry Forecast
14
Consumer Outlook
14
Food
17
Food Consumption
17
Table: Food Consumption Indicators - Historical Data & Forecasts (France 2012-2019)
17
Prepared Food/Canned Food
18
Confectionery
19
Table: Confectionery Value/Volume Sales, Production & Trade - Historical Data & Forecasts (France 2012-2019)
20
Drink
21
Hot Drinks
21
Table: Hot Drink Value/Volume Sales, Production & Trade - Historical Data & Forecasts (France 2014-2019)
22
Soft Drinks
23
Table: Soft Drinks Sales, Production & Trade (France 2014-2019)
24
Alcoholic Drinks
25
Table: Alcoholic Drinks Value/Volume Sales, Production & Trade - Historical Data & Forecasts (France 2014-2019)
26
Mass Grocery Retail
28
Table: Mass Grocery Retail Sales By Format - Historical Data & Forecasts (France 2014-2019)
29
Table: Grocery Retail Sales By Format (%)
29
Trade
30
Table: Trade Balance - Historical Data & Forecasts (France 2014-2019)
30
Macroeconomic Forecast
31
Economic Analysis
31
Table: GDP By Expenditure (France 2012-2019)
37
Industry Risk/Reward Index
38
Western Europe - Risk/Reward Index
38
Table: Western Europe Food & Drink Risk/Reward Index Q315
39
France Risk/Reward Index
43
Market Overview
44
Food
44
Food Processing
44
Prepared Food/Canned Food
44
Table: Frozen Fruits Volume Sales, Production & Trade - Historical Data & Forecasts, 2014-2019
45
Table: Pasta Volume Sales, Production & Trade - Historical Data & Forecasts, 2014-2019
46
Meat
46
Table: Meat Volume Sales, Production & Trade - Historical Data & Forecasts, 2014-2019
47
Fish
48
Table: Fish Volume Sales, Production & Trade - Historical Data & Forecasts, 2014-2019
48
Oils And Fats
49
Table: Oils & Fats Volume Sales, Production & Trade - Historical Data & Forecasts, 2014-2019
49
Dairy
52
Table: Dairy Volume Sales, Production & Trade - Historical Data & Forecasts, 2014-2019
52
Confectionery
54
Snack Foods
54
Table: Snack Foods Volume Sales, Production & Trade - Historical Data & Forecasts, 2014-2019
55
Trade
56
Organic Farming
57
Drink
58
Soft Drinks
58
Alcoholic Drinks
59
Mass Grocery Retail
61
Table: Mass Grocery Retail Sales By Format (France 2006-2015)
63
Table: Mass Grocery Retail Sales By Format (France 2006-2015)
63
Industry Trends And Developments
64
Food
64
Drink
69
Mass Grocery Retail
74
Competitive Landscape
79
Table: Key Players In France's Food Sector
79
Table: Key Players In France's Drink Sector
80
Table: Key Players In France's Mass Grocery Retail Sector
80
Company Profile
83
Danone
83
Table: Danone Selected Financial Indicators And Ratios By Operating Segment, Ranked By FY13 Operating Margin (%)
91
Table: Danone Key Year End Financials
91
Nestl-
92
Table: Nestl- Financial Results
101
Pernod Ricard
102
Table: Pernod Ricard's Financial Highlights
111
Carrefour
112
Table: Carrefour's Main Financial Highlights
120
LVMH Group (Mo-t Hennessy Louis Vuitton)
121
Groupe Auchan
123
Groupe Casino
126
Global Industry Overview
129
Table: Food and Drink Core Views - Q115 Roundup
136
Demographic Forecast
138
Table: Population Headline Indicators (France 1990-2025)
139
Table: Key Population Ratios (France 1990-2025)
139
Table: Urban/Rural Population & Life Expectancy (France 1990-2025)
140
Table: Population By Age Group (France 1990-2025)
140
Table: Population By Age Group % (France 1990-2025)
141
Glossary
143
Food & Drink
143
Mass Grocery Retail
143
Methodology
145
Industry Forecast Methodology
145
Sector-Specific Methodology
146
Sources
146
Risk/Reward Index Methodology
147
Table: Food & Drink Risk/Reward Index Indicators
148
Table: Weighting
149

The France Food & Drink Report features BMI Research's market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts 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 France 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 France.

Key Benefits

  • Benchmark BMI's independent food and drink industry forecasts for France to test other views - a key input for successful budgeting and strategic business planning in the French food and drink market.
  • Target business opportunities and risks in France through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
  • Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.

Coverage

BMI Industry View

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

Industry SWOT Analysis

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.

BMI’s Food and Drink Risk Reward Index

BMI’s Risk Reward Index provides investors (food and drink manufacturers and mass grocery retailers) looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic points. These provide indices of highest to lowest appeal to investors, with each position explained.

Food Forecasts

BMI’s food chapter is divided into sections such as meat, fish, confectionary, dairy and canned foods, and provides insight into each market’s food industry, centred on a forecast to end-2019 for the sector. The chapter includes the following elements:

  • Industry Forecast Scenario: Historical data series and a forecast to end-2019 for growth of key indicators within a market’s food industry. Indicators include food 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.

Drink Forecasts

Segmented the same way as BMI’s food chapter, the drink section provides insight into each market’s drink industry, centred on a forecast to end-2019 for the sector. Forecast indicators include alcoholic and soft drink sales by value, volume and sub-sector and tea and coffee sales, among others.

Mass Grocery Retail Forecasts

Segmented the same way as BMI’s food and drink chapters, the mass grocery retail section provides insight into each market’s grocery retail industry, centred on a forecast to end-2019 for the sector. Forecast indicators include mass grocery retail sales by format (including supermarkets, hypermarkets, convenience and discount stores) and a breakdown of the organised retail sector versus the traditional sector, among others.

Competitive Landscape

Illustration of the mass grocery retail and food and drink industries via rankings tables comparing revenues, number of outlets and number of employees. This chapter also includes data-rich, in-depth regional analysis of the market position, business strategies and investment potential of the region’s leading mass grocery retail and food and drink operators.

Company Profiles*

Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI’s industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape to generate company SWOT analyses. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.

Sources

The Food & Drink reports draw on an extensive network primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports.

*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.

secure
Benefit from discounts when you add multiple products to your basket
2 Products SAVE 10%
3 Products SAVE 15%
4 Products SAVE 20%
5 Products SAVE 25%
6 Products SAVE 30%
7 - 20 Products SAVE 35%
21 Products or more SAVE 40%