Venezuela Food & Drink Report

Providing expert analysis, independent forecasts and competitive intelligence on the food & drink industry.

Report includes: BMI Industry View, Industry SWOT Analysis, Industry Forecasts, BMI’s Food and Drink Risk Reward Index, Mass Grocery Retail Forecasts, Company Profiles and Global, Regional and Country Industry Overviews.

Why you should buy this report

  • Benefit from the latest market opportunities
  • Understand the threats to your operations and investments and protect your company against future risks
  • Gain insight on emerging trends that could support, strengthen or disrupt your activities in the market
  • Get a full view of the competitive landscape to assess your market position
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Venezuela Food & Drink Report
Product Price
$1,295.00

BMI View: We hold a dim outlook for Venezuela's food, drink and mass grocery retail sectors, which are set to contract in real terms over 2016. Our outlook is underpinned by the country's bleak economy, which is set to experience a contraction of 6.2 % over 2016, as well as high inflation and a weak consumer profile. As inflation continues to rise unabated, consumer purchasing power will decline substantially. We expect household consumption to decline across multiple food and drink sub-sectors over the coming quarters.

Food & Drink Spending
(2013-2020)
f = BMI forecast. Source: BMI, national sources

Latest Updates & Industry Developments

  • Food sales (local currency) growth y-o-y in 2016: +87.1%; compound annual growth rate (CAGR) 2015-2020: +48.7%.

  • Non-alcoholic drinks sales (local currency) growth y-o-y in 2016: +87.2%; CAGR 2015-2020: +48.7%

  • Closure of units at Empresas Polar due to a lack of imported barley, in addition to worker strikes and a takeover by government troops, will see lower production and lead to a beer shortage.

  • The operating environment for mass grocery retailers will become increasingly difficult to navigate as the government redirects retail stock to its state-run mass grocery retailer Mercal.

BMI Industry View
7
SWOT
9
Food & Drink
9
Industry Forecast
11
Consumer Outlook
11
Latest Updates
11
Structural Trends
11
Food
13
Latest Updates
13
Structural Trends
13
Table: Food Sales (Venezuela 2013-2020)
14
Drink
17
Latest Updates
17
Structural Trends
17
Table: Non-Alcoholic Drink Sales (Venezuela 2013-2020)
19
Mass Grocery Retail
20
Latest Updates
20
Structural Trends
20
Industry Risk Reward Index
21
Latin America - Risk/Reward Index
21
Table: Latin America Food & Drink Risk/Reward Index Q216
24
Table: Latin America Food & Drink Risk/Reward Sub-Factor Index Q216 (scores out of 10)
27
Venezuela Risk/Reward Index
28
Market Overview
30
Food
30
Recent Developments
30
Market Drivers & Trends
30
Drink
33
Recent Developments
33
Mass Grocery Retail
36
Recent Developments
36
Competitive Landscape
38
Table: Key Players In Venezuela's Food Sector
38
Table: Key Players In Venezuela's Drink Sector
39
Table: Key Players In Venezuela's Mass Grocery Retail Sector
40
Company Profile
42
Alimentos Heinz
42
Cargill Venezuela
44
Coca-Cola FEMSA
46
Diageo de Venezuela
49
Empresas Polar
51
Makro Venezuela
54
Mercal CA
56
Pernod Ricard Venezuela
58
Demographic Forecast
60
Demographic Outlook 2015
60
Table: Population Headline Indicators (Venezuela 1990-2025)
61
Table: Key Population Ratios (Venezuela 1990-2025)
61
Table: Urban/Rural Population & Life Expectancy (Venezuela 1990-2025)
62
Table: Population By Age Group (Venezuela 1990-2025)
62
Table: Population By Age Group % (Venezuela 1990-2025)
63
Glossary
65
Food & Drink
65
Mass Grocery Retail
65
Methodology
67
Industry Forecast Methodology
67
Sector-Specific Methodology
68
Sources
68
Risk/Reward Index Methodology
69
Table: Food & Drink Risk/Reward Index Indicators
70
Table: Weighting
71

The Venezuela 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 Venezuela 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 Venezuela.

Key Benefits

  • Benchmark BMI's independent food and drink industry forecasts for Venezuela to test other views - a key input for successful budgeting and strategic business planning in the Venezuelan food and drink market.
  • Target business opportunities and risks in Venezuela 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.