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Quarterly Beverage Tracker Third Quarter 2015: Greece; Comprehensive Quarterly Analysis of Year on Year Performance for All Commercial Beverages

  • November 2015
  • -
  • GlobalData
  • -
  • 29 pages

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Summary
According to the Bank of Greece, during the period of January to July 2015 foreign arrivals increased compared with 2014. The relevant revenues in direct income were also up. This positive performance was mainly based on the increased arrivals and not on the holiday expenditure as this was slightly reduced compared with last year. However, growth is not expected before 2017, as the capital control restrictions imposed in July are forecast to stay for a long time. Thus consumption is expected to decline significantly, as unemployment is forecast to rise and the majority of products and services are now surcharged with 23% VAT, up from lower VAT coefficients.

Key Findings
- Soft drinks returned to growth, driven in particular by gains in energy drinks and packaged water

- Private Label brands performed above the market due their growth in many categories

- Sales of alcoholic drinks declined slightly during the quarter as whilst many categories declined cider kept the decline for being so severe by continuing to have good growth

- The year on year performance of dairy declined as many sub categories have seen reductions in consumption

Synopsis
Canadean's Greece Quarterly Beverage Tracker Q3-15 covering soft drinks, dairy drinks, hot drinks and alcoholic drinks is an essential tool for keeping up-to-date with the latest industry performance and developments on a quarterly basis, covering:

- Topline consumption volumes for Q3-2015 vs Q3-2014, moving annual totals (MAT) and latest 2015 forecasts for all beverage categories

- Carbonates consumption data for Q3-2015 vs Q3-2014, moving annual totals (MAT) and latest 2015 forecasts split by regular vs low calorie, and key flavour

- An economic mood indicator with an at a glance assessment of industry confidence levels, private label performance vs brands and price trends

- Insightful and valuable analysis of the drivers behind the latest quarterly trends and assumptions for full year 2015

- Analysis of significant activity in the soft drinks market, including new product introductions (ranked by brand owner and detailing flavour, pack type/size, retail price and selected product shots)

- Update on important soft drinks corporate activity

- Our Q3 special focus update on the latest trends in soft drinks flavours and innovation

Reasons To Buy
- Gain an in-depth understanding of the most up-to-date trends in the Greece beverage industry to support and enhance your strategic planning

- Investigate the latest quarterly and emerging annual trends in Greece to back your marketing initiatives

- Analyse the latest beverage category 2015 forecast projections to make well-informed decisions on the outlook in the marketplace for your company

- View a selection of the key quarterly new soft drinks product launches and identify competitor activity

- Access a quarterly Special Focus on a current industry 'hot topic' offering qualitative insight from local consultants to determine opportunities for product innovation

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ref:plp2015

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