Product Description
In BMI’s Business Environment Ranking table for the Central and East European (CEE) region’s foodand drink environment, the Czech Republic is found in 11th place out of 14 key markets. Major pulls ofthe market include its strong business environment and a well-established foreign direct investment (FDI)climate and tourism. However, the country receives far lower scores for its food and drink market andcountry structure, as its price-conscious consumers spend low amounts on food and drink that is notforecast to experience strong growth. The small size of the population and relative maturity of the marketalso make this one of the less attractive food and drink markets in the region.

Nevertheless, the market is not without its rewards, as illustrated by the amount of foreign interest. InMarch 2008, Dutch beer giant Heineken announced its intention to acquire Czech Drinks Union, whichproduces the national brand Zlatopramen and the regional Breznak, Louny and Dacicky brands.

Following the acquisition, which is likely within the first half of the year, the Dutch brewer will have12% of the local market. Previously, in June 2007, Heineken acquired the Krusovice Brewery fromGermany’s Radeberger Gruppe for an undisclosed amount, strengthening its position in the market.

In the meantime, in April 2008, Kofola Holding of the Czech Republic and Hoop of Poland announcedtheir merger, creating a regional drinks major under the name Kofola-Hoop Group. Prior to the merger,Kofola was the second-largest soft drinks producer in the Czech Republic and Slovakia, with operationsalso extending into Hungary and Poland. The new entity will be in a good position to take advantage ofrising demand for mineral water and other ‘healthy’ beverages. Following this merger, Kofola-Hoop willbe eyeing further acquisition opportunities.

The Czech mass grocery retail (MGR) has also been dynamic in recent months. In March 2008, UK retailgiant Marks & Spencer revealed its expansion plans for Central and Eastern Europe, which include aEUR13.6mn (US$21mn) investment in the joint venture (JV) with COMS. The UK company is aiming toopen 30 stores in the Czech Republic, Slovakia, Latvia, Lithuania and Estonia over the next few years,which will boost its penetration of the region. Around the same time, Lidl, a leading discount chain in theCzech MGR sector, reported lower losses for the 2006-2007 business year than in the previous period,indicating that the company is on the road to recovery. Finally, German retailer Rewe is to acquire thePlus discount chain owned by its compatriot Tengelmann, which will rent out the buildings in which thestores are located. Rewe plans on merging with its Penny Market discount chain with Plus stores, aimingto capitalise on the strong growth of sales in the discount sector. The Plus chain had been targeted byUK’s Tesco, which will now face stiffer competition by Rewe. ... Read more

Product Description
In Q409, the Czech Republic fell to eighth position in BMI’s Business Environment Ratings (BER)matrix for 14 key Central and Eastern European (CEE) markets, having been placed third and sixth in theprevious two quarters, respectively. Despite the Czech Republic being a relatively mature food and drinkmarket with high per capita levels of both food and drinks consumption, it is expected to post slowgrowth over the next three years. The key reason for this is the fall-out from the global economicslowdown, with weaknesses in the Czech economy having already filtered through to its mass groceryretail (MGR) sector. Indeed, the country remains on track for a 3.1% contraction of real GDP in 2009, asthe collapse of export demand and foreign direct investment (FDI) inflows feeds through to a modestcontraction of domestic demand. However, the economy does continue to display resilience in the face ofEurope-wide recession, principally thanks to the relatively stable financial system. This should both limitthe severity of the GDP contraction, as well as leaving the country well-placed to take advantage of aglobal economic recovery.

In the short term, however, the situation will remain challenging. In fact, following recent news ofconsolidation of its local operations, Dutch Heineken is shutting down two of its local breweries,continuing its cost-cutting initiative. As most of the beer majors operating in CEE have found, Heineken'svolume sales have also come under pressure since Q408, as profound economic weakness has impactedconsumption. In related news, Czech brewer Plzensky Prazdroj, a subsidiary of Anglo-South Africanbrewing giant SABMiller, posted only a marginal increase in its 2008 revenues, as its focus on premiumbeers failed to pay off in the face of economic difficulties.

Similarly, Belgian brewing behemoth Anheuser-Busch InBev (A-B InBev) is looking to sell its CEEoperations, including its Czech subsidiary Pivovary Staropramen. Interest has been expressed by anumber of private equity firms, including TPG and KKR, as well as Cinven and Warburg Pincus. TheCzech Republic's oldest brewer - Budejovický Mestanský Pivovar (BMP) - is also reportedly up forsale, although it posted a 4.75% year-on-year (y-o-y) increase in 2008 volume sales. The state-ownedBudejovicky Budvar is thought to be leading the pack of brewers interested in acquiring BMP.

Recent developments in the Czech food industry seem to illustrate a more positive situation for largerconglomerates, which are able to capitalise on the weaknesses of smaller local and regional players. Tothis end, in June 2009, leading Czech food company Hamé - the Czech arm of Icelandic foodmanufacturer Nordic Partners - bolstered its presence in Hungary by acquiring the canned meatbusiness of Globus. Already present in the market through its domestic subsidiary Hamé Hungaria, thecompany’s move is expected to at least double Hamé's share of the Hungarian canned meat industry,although more will have to be done if Hamé is to close the gap on the markets leaders. ... Read more

Product Description
The Q310 BMI Czech Republic Retail report forecasts that the country’s retail sales will grow by nearly 15% during the forecast period, from a predicted CZK909.81bn (US$87.67bn) in 2010 to CZK1.05trn (US$100.21bn) by 2014. Rising disposable incomes, easier access to credit, the increasing number of large retail outlets and shopping centres and increasing car ownership are key factors behind retail market expansion. EU membership since 2004 and substantial foreign direct investment (FDI) continue to drive growth, contributing to forecast annual retail sales growth of 3.3% in local currency terms over the forecast period.

The Czech Republic’s nominal GDP in 2010 is forecast to be US$206.18bn, up by 1.8% year-on-year (yo- y). Average annual GDP growth of 3.2% is predicted by BMI for 2010-2014. The population is expected to remain static, at about 10.4mn, throughout the forecast period, but GDP per capita is predicted to rise by 23.3% by 2014, reaching US$24,450. Our forecast for consumer spending per capita is for an increase from a predicted US$12,059 in 2010 to US$15,527 by 2014.

BMI data suggest that over the counter (OTC) pharmaceutical sales will grow by more than 20%, from US$0.81bn in 2010 to US$0.98bn by the end of the forecast period. Consumer electronic sales are forecast to expand by nearly 19%, from a predicted US$4.46bn in 2010 to US$5.30bn by 2014. However, vehicle sales are expected to decline by 2.6%, from US$14.80bn in 2010 to US$14.41bn by 2014. According to UN data, in 2005 just under 37% of the Czech population was in the 20-44 age range. This is forecast to dip slightly, to 36%, by 2010 but will continue to account for a key element of retail spending. The proportion of the population classified by the UN as economically active was 71.2% in 2005 and it should still be around this level in 2010.

The unemployment rate is forecast to reach 9.8% in 2010 as the effects of the global economic slowdown persist. BMI forecasts that it will begin to decline in 2011 and reach 5.5% at the end of the forecast period.

Retail sales for the BMI universe of Central and Eastern European (CEE) countries in 2010 amount to a forecast US$1,184bn, based on the varying national definitions. Total consumer spending for the region based on BMI’s macroeconomic database is expected to be US$2,032bn. Russia, Turkey and Poland together account for an estimated 80% of regional retail sales in 2010, which we forecast to remain steady through to 2014. For the Czech Republic, its forecast market share of 7.4% in 2010 is expected to decline to 6.8% by 2014. ... Read more

Product Description
Snapdata's Snapshots Czech Republic Coffee 2010 provides 2009 year-end market size data, with 2010 estimates, 5 years of historical data and five-year forecasts. The Snapshots report gives an instant overview of the Czech coffee market and covers fresh and instant coffee. Market value is based on total consumption in retail prices.Market volume is based on total consumption. The data is supplied in both graphical and tabular format for ease of interpretation and analysis. The Snapshots Czech Republic Coffee 2010 forms part of Snapdata's Non-Alcoholic Drinks industry coverage. ... Read more

Product Description
Snapdata's Snapshots Czech Republic Spirits 2010 provides 2009 year-end market size data, with 2010 estimates, 5 years of historical data and five-year forecasts. The Snapshots report gives an instant overview of the Czech spirits market and covers Vodka, Tuzemak, Liquers, Whisky, Brandy and cognac, Gin and other spirits. Market value is based on total sales (on- and off- trade) in retail prices. Market volume is based on total consumption. The data is supplied in both graphical and tabular format for ease of interpretation and analysis. The Snapshots Czech Republic Spirits 2010 forms part of Snapdata's Alcoholic Drinks industry coverage. ... Read more

Product Description
The new BMI Czech Republic Retail report predicts that the country’s retail sales will almost double during the forecast period, from an estimated US$49.83bn in 2007 to more than US$90bn by 2013. The rise in disposable incomes, easier access to credit, plus the increasing number of large retail outlets and shopping centres and growing car ownership are key factors behind retail market expansion. EU membership (gained in 2004) and substantial foreign direct investment (FDI) continue to spur growth, contributing to forecast annual retail sales growth of 13%.

The Czech Republic’s nominal Gross Domestic Product (GDP) was US$197.21bn in 2007. Average annual GDP growth of 3.0% is predicted by BMI to 2013. With the population forecast to increase from 10.3mn in 2007 to an estimated 10.4mn by 2013, GDP per capita is predicted to rise by more than 41% by the end of the forecast period, reaching US$27,045. Our assumption of consumer spending per capita is for an increase from US$8,599 in 2007 to US$15,500 by 2013.

Food expenditure as a percentage of GDP in the Czech Republic is expected to decline gradually from an estimated 5.3% in 2008 to a projected 4.8% in 2013. This reflects the broader expansion of the economy and ability of consumers to purchase a wider range of consumer goods. For example, BMI data suggest that OTC pharmaceutical sales will grow by more than 67% from an estimated US$0.67bn in 2007 to US$1.12bn by 2013.

Other retail sectors that are likely to see substantial growth over the forecast period include furnishings and fashion. Based on the Czech Statistical Office (CSU)’s ‘Money income and expenditures per average household’ data, BMI estimates that retail sales of furnishings amounted to US$4.90bn in 2007 and should increase to US$8.93bn by 2013, while sales of clothing and footwear are forecast to rise from an estimated US$3.19bn in 2007 to US$5.81bn by the end of the period.

According to United Nations (UN) data, in 2005 just under 37% of the Czech population was in the 20-44 years age range. This is forecast to dip only slightly, to 36%, by 2010, thus continuing to represent a key element of future retail spending. The proportion of the population classified by the UN as ‘active’ was 71.2% in 2005, and should remain around this level by 2010.

Unemployment was 6.0% in 2007, its lowest rate since the beginning of our forecast period. Following an expected rise to 8.5% in 2009 as a result of the global economic slowdown, BMI forecasts that it will begin to decline again in 2010 and reach 5.5% by 2013.

Retail sales for the BMI universe of CEE countries in 2007 amounted to an estimated US$1.02trn, based on the varying national definitions. Total consumer spending for the region, based on BMI’s macroeconomic database, amounts to US$1.48trn. Russia, Turkey and Poland together in 2007 accounted for an estimated 82% of regional retail sales, with their combined share expected to reach almost 83% by 2013. For the Czech Republic, the estimated 2007 market share of 4.9% is expected to rise to 5.2% by 2013. ... Read more

Product Description
Introduction

Datamonitor's retail databooks are based on key market value data for eight major product sectors, 16 core retail distribution channels and 62 countries. This profile focuses on vending in the Czech Republic and provides data on channel size. It also offers information on main markets sold through the channel, and includes growth forecasts upto 2013.

Scope

• An overview of total retail value in this country segmented by retail channel
• The value of sales through this key retail channel from 2003 to 2008 and forecasts to 2013
• Channel value segmented by the major markets sold through it

Product Description
This report estimates expenditure in restaurants and hotels. Data is consolidated. It covers the market in the Czech Republic. ... Read more

Product Description
The adverse economic conditions have had a mixed effect on the fortunes of the food and drinkscompanies active in the Czech Republic. On the one hand, the three leading Czech distillers - namelyStock Plzen-Bozkov, Granette and Fruko-Schulz - posted record volume sales, despite the shift in thedemand from premium rum and vodka brands to cheaper varieties. Similarly, the Czech Republic'sBreweries and Malthouses Association reported that domestic sales of non-alcoholic beer continued toincrease strongly during the first nine months of 2008, boosted by the rise in heath awareness as well asthe perception of its refreshing qualities. Domestic brewers have also welcomed the recent decision by theEU Commission to add Czech beer to its list of food and drink items that fall under the Index of ProtectedDesignation of Origin.

On the other hand, in January 2009, Belgian frozen food firm Ardo decided to close its Mochovmanufacturing facility in the Czech Republic due to the dispute with Czech government authorities,which had not approved the construction of a new factory. Similarly, the owner of Czech Republic'slargest poultry producer Agropol Food dropped its plans to sell the company after a satisfactory offerfailed to materialise, while Polish coffee bar network Coffeeheaven reported the closure of a number ofits less-profitable stores in the Czech Republic. In the meantime, a leading Czech food manufacturerHamé has indicated that it will continue expanding abroad - Russia in particular - with the aim ofavoiding difficult conditions in its home market.

Illustrating the above point, the Czech Republic remains in the sixth place in BMI’s Q209 Food andDrink Industry Business Environment Ratings (BER) table for 14 Central and East European (CEE)markets. The country’s food and drink market - as well as its mass grocery retail (MGR) sector - aremature and consolidated by regional standards, resulting in strong competition. Consequently, the CzechRepublic has witnessed an exit of a number of foreign retail operators, with Austrian Spar being the latestplayer to run into difficulties in the form of expected widening losses for the full-year 2008.

In terms of the wider operating environment for food and drinks players, they will have to contend withthe expected slowdown in the eurozone growth and the ongoing global financial crisis, which have causedus to revise down our 2009 Czech GDP growth forecast to 3.3% from 4.3%. Weakening domesticconsumption growth, which is already underway, will be of particular concern. Nevertheless, we maintainthat the Czech Republic is one of the countries in emerging Europe better placed to weather the downturn,and expect a recovery to above 4.0% growth from 2010 onwards. ... Read more

Product Description
Introduction

This databook provides key data and information on the frozen food market in the Czech Republic. This report is a comprehensive resource for market, category and segment level data including value, volume, distribution share and company & brand share. This report also provides expenditure and consumption data for the historic and forecast periods.

Scope

• Contains information on: Frozen Meat,Frozen vegetables,Frozen ready meals,fish/seafood,Frozen potato,pizza,Frozen desserts,Frozen bakery &Frozen fruit
• Market,category and segment level information on value, volume, and expenditure & consumption, with historic (2003-2008) and forecast (2009-2013) data
• Category level company and brand share as well as distribution share information for 2007 and 2008

Product Description
Introduction

This databook provides key data and information on the spreads market in the Czech Republic. This report is a comprehensive resource for market, category and segment level data including value, volume, distribution share and company & brand share. This report also provides expenditure and consumption data for the historic and forecast periods.

Scope

• Contains information on four categories: jams & preserves, honey, chocolate spreads and savory spreads
• Market,category and segment level information on value, volume, and expenditure & consumption, with historic (2003-2008) and forecast (2009-2013) data
• Category level company and brand share as well as distribution share information for 2007 and 2008
• Review of the top two companies within the spreads market, including company overview, key facts and business description

Product Description
In BMI’s Food and Drink Industry Business Environment Ratings (BER) table for Central and EastEuropean (CEE), the Czech Republic has dropped back down to sixth place after climbing up to secondlast quarter. Lower projected levels of growth make the market less attractive than some of its CEE peers,but the Czech Republic continues to offer some of the most stable foreign direct investment (FDI)climates in the region. Nevertheless, the country’s food and drink market is fairly mature andconsolidated by regional standards, which - coupled with a population of just over 10mn - means thatcompetition is strong, leaving little manoeuvring room for smaller companies, especially in the face of thecurrent global financial crisis.

In the meantime, the country continues to attract large mass grocery retail (MGR) players, withhypermarket, supermarket and discount outlet operators in particularly showing dynamism in the past fewmonths.UK retailer Tesco's local Czech subsidiary recorded a US$40mn profit for 2007, making a majorcomeback following losses of US$6.8mn recorded for the previous year. Similarly, German Rewe, whichrecently received a green light from local competition authorities to acquire Tengelmann’s Plus discountstores, announced a renovation of up to 30 of its new outlets under its Billa supermarket banner,illustrating its belief in the market.

In terms of wider operating environment, we expect Czech GDP growth to decelerate to 3.3% in 2009,from an expected 4.3% in 2008 and 6.7% in 2007, before an eventual recovery of 4.2% in 2010. Giventhat a key cause of the recent slowdown has been the contraction of credit availability owing to theongoing global financial crisis, moves to increase the availability of credit will be particularly welcome.However, the interest rate reductions announced by the central bank, Czech National Bank (CNB), areunlikely to be sufficient to overcome deteriorating consumer and business sentiment, which will remainthe core drivers of the consumption, investment and employment slowdown. Still, despite the slightuptick of consumer price index (CPI) growth in September 2008, when it increased to 6.6% year-on-year(y-o-y) from 6.5% the previous month, we maintain that the underlying trend in the Czech Republic isnow disinflationary, which means that an increase in food prices will not be a major factor in overall foodand drink market growth in the short term.

In the meantime, figures released by the Czech Statistical Office in October 2008 show that livestockproduction in the country continued to decrease, falling by 3% y-o-y. While beef production rose slightly,it was not sufficient to offset significant reductions in pork and poultry production, negatively impactedby rising competition from more cost-competitive producers from other European Union (EU) countries.Recent months have also witnessed a number of food-related scares, including the discovery of apentachlorophenol-contaminated guar gum shipment by Indian company Satyam Enterprises and ofChinese imported milk products containing higher melamine content than is permitted, which will allaffect the goodwill of retailers and consumers alike towards imports from emerging markets. ... Read more

Product Description
The Q110 BMI Czech Republic Retail report predicts that the country’s retail sales will grow by 26% during the forecast period, from an estimated US$48.57bn in 2009 to US$61.27bn by 2014. The rise in disposable incomes, easier access to credit, the increasing number of large retail outlets and shopping centres and growing car ownership are key factors behind retail market expansion. EU membership since 2004 and substantial foreign direct investment (FDI) continue to drive growth, contributing to forecast annual retail sales growth of 3.0%.

The Czech Republic’s nominal GDP in 2009 was US$202.67bn, a decline of 3.1%, and is expected grow by 1.1% in 2010 as the economy slowly improves. Average annual GDP growth of 2.1% is predicted by BMI between 2009 and 2014. The population is expected to remain static, at 10.4mn, throughout the forecast period, but GDP per capita is predicted to rise more than 28% by 2014, reaching US$25,066. Our forecast for consumer spending per capita is for an increase from US$11,117 in 2009 to US$15,378 by 2014.

Food expenditure as a percentage of GDP in the Czech Republic is expected to increase slightly, from an estimated 4.3% in 2009 to a projected 5.1% in 2014.

BMI data suggest that over the counter (OTC) pharmaceutical sales will grow by more than 22% from an estimated US$0.70bn in 2009 to US$0.99bn before the end of the forecast period. Automotives sales will increase by 7.0%, from an estimated US$13.47bn in 2009 to US$14.41bn by 2014. Other retail sectors that are likely to see substantial growth over the forecast period include consumer electronics, which BMI predicts will expand by nearly 18%, from an estimated US$4.47bn in 2009 to US$5.26bn by the end of the forecast period.

Based on the Czech Statistical Office (CZSO)’s ‘money income and expenditures per average household’ data, BMI estimates that retail sales of furnishings amounted to US$5.28bn in 2009 and should increase to US$6.66bn by 2014. Sales of clothing and footwear are forecast to rise from an estimated US$3.44bn in 2009 to US$4.34bn by the end of the forecast period.

According to UN data, in 2005 just under 37% of the Czech population was in the 20-44 age range. This is forecast to dip slightly, to 36%, by 2010, but will continue to account for a key element of future retail spending. The proportion of the population classified by the UN as economically active was 71.2% in 2005, and should remain around this level until 2010.

Unemployment was 4.4% in 2008, its lowest rate since the beginning of our forecast period. It is estimated to have risen to 8.5% in 2009 as a result of the global economic slowdown. However, BMI forecasts that it will begin to decline in 2010 and reach 5.5% by 2014.

Retail sales for the BMI universe of Central and Eastern European (CEE) countries in 2009 amounted to an estimated US$1,053bn, based on the varying national definitions. Total consumer spending for the region based on BMI’s macroeconomic database amounts to US$2,134bn. Russia, Turkey and Poland together accounted for an estimated 82% of regional retail sales in 2009, with their combined share expected to exceed 87% by 2014. For the Czech Republic, the estimated 2009 market share of 4.6% is expected to decline to 3.1% by 2014. ... Read more

Product Description
In BMI’s Q210 Business Environment Ratings (BER) matrix for the 15 key markets of the emerging Europe region, the Czech Republic remains in third position, as its relatively more mature and less volatile fundamentals continue to offer a safer bet for food and drink players. Food consumption was valued at an estimated CZK214bn (US$11.4bn) in 2009, representing a single-digit year-on-year (y-o-y) growth, as the discount players within the mass grocery retail (MGR) sector benefitted from trading down to cheaper and private label goods. The forecast food consumption growth - of just over 23% in local currency terms between 2009 and 2014 - is comparably modest, as consumers remain more interested in the purchasing of value-priced products. Still, key drivers of growth in the latter stages of the forecast period especially will be renewed consumer confidence and rising demand for innovative products, as well as modernisation of the country’s retail industry.

Some industry segments are expected to perform better than others. Beer, for example, has been struggling in the face of rising domestic prices, in place over the past few years to address increased production and raw material costs. Most recently, in January 2010, Czech businesses started reimporting Pilsner Urquell from Germany due to lower wholesale prices in the neighbouring nation. The ironic buyback of the Czech product will not only have a negative impact on value sales of beer, but could be potentially damaging to the general image of the industry. In the meantime, alcoholic drinks sales are expected to increase in (local currency) value terms by 13.06% from 2009, below the expected food consumption growth, reaching CZK103.76bn (US$5.94bn) by the end of 2014.

In order to address flagging beer sales, a number of breweries have over the past months resorted to opening restaurants under their patronage. According to the August 2009 report by online magazine Moderni Obchod, the Czech Republic currently has around 50 such restaurants, with the three of the four leading breweries - Plzensky Prazdroj, Pivovary Staropramen and Budejovicky Budvar, but not Heinkenen - already present in this franchised marketplace. Budvar operates seven Original Pivnice Budvarka restaurants, while Staropramen leads with 30 Potrefena Husa, which are located both in the Czech Republic and Slovakia. The 17 Pilsner Urquell Original restaurants are run under the patronage of Plzensky Prazdroj.

On the purely economic front, we expect private and government consumption to stay in positive territory in 2010 (as in 2009, when GDP was estimated to have grown, despite the economic slowdown). For the current year, we forecast real GDP growth of 1.5%, positively influenced by social spending commitments and household consumption, but counterbalanced by still-below-optimum unemployment figures. Looking ahead, we expect Czech real GDP growth to average 3.2% over the 2010-2014 period, significantly below the 5.4% average posted during 2004-2008. Nevertheless, much of this uptick will be driven by steadily improving private consumption, which bodes well for the stronger players within the food and drink industry. ... Read more

Product Description
In Q309, the Czech Republic improved its position in the BMI's Business Environment Ratings (BER)matrix for the 14 key markets within Central and Eastern Europe (CEE). Strong per capita consumptionon food and beverages, the fact that the fall-out from the global economic slowdown will not be as severeas elsewhere in the region, and the high level of multinational involvement in the country (including therecent announcement that spirits major Pernod Ricard is constructing a new factory) have boosted theCzech Republic to the third place in the matrix, from the sixth occupied in Q209. In the next five years,the country's total food consumption is expected to increase by 38.5% in US dollar terms, to reachUS$15.03bn, despite lower rates of growth in the short term.

In fact, adverse economic conditions are already taking their toll, with industry consolidation continuing.Since the start of 2009, two of Heineken’s three subsidiaries in the Czech Republic, Krusovice andStarobrno, reported that they will merge in the course of mid-2009, as the latter faces lower demand forexports due to the European economic slowdown. On a regional basis, Polish coffee and tea producerMokate acquired Czech Republic-based Marila Balirny, in a strategic move aimed at strengthening itsposition across CEE. Similarly, Czech meat conglomerate Agrofert acquired a 54% share in Milkagro, acompany that controls dairy firm Olma Olomouc, with the purchase extending the reach of Agrofert tothe second key main food processing area, namely dairy.

In other worrying news, Czech brewer Plzensky Prazdroj, a subsidiary of Anglo-South African brewinggiant SABMiller, decided to lay-off 6% of its workforce. While this may only be a temporary measure,the move gains a political dimension when pitched against the fact that the brewer actually posted a 166-year record growth for beer sales in 2008. Indeed, the Czech Republic is currently governed by an interimadministration, following the March 2009 dissolution of the previous administration that failed to survivea vote of confidence. Rising unemployment levels will, therefore, not only impact on the food and drinksspending, but also serve to shape the government's policy in the coming months.

In the meantime, weaknesses of the Czech Republic’s economy- we are forecasting a GDP contraction of2.1% in 2009- are filtering through to its MGR sector as consumer spending continues to tighten.

Consumers are likely to be buoyed by news that cheaper private-label goods are set to take up more shelfspace over the coming months as retailers expand their own offerings, which will- however- also meanlower short-term growth for consumer spending on food and drinks. While it holds true that food retailersare likely to be able to withstand the recessionary shock better than non-food retailers, consumers will nottolerate inertia and are likely to respond to value-offerings. ... Read more

Product Description
Introduction

This databook provides key data and information on the confectionery market in the Czech Republic. This report is a comprehensive resource for market, category and segment level data including value, volume, distribution share and company & brand share. This report also provides expenditure and consumption data for the historic and forecast periods.

Scope

• Contains information on four categories: cereal bars, chocolate, gum and sugar confectionery
• Market,category and segment level information on value, volume, and expenditure & consumption, with historic (2004-09) and forecast (2010-14) data
• Category level company and brand share as well as distribution share information for 2008 and 2009
• Review of the top two companies within the confectionery market, including company overview, key facts and business description

Product Description
Datamonitor's Tobacco in the Czech Republic industry profile is an essential resource for top-level data and analysis covering the Tobacco industry. It includes data on market size and segmentation, plus textual and graphical analysis of the key trends and competitive landscape, leading companies and demographic information.

Scope

• Contains an executive summary and data on value, volume and/or segmentation
• Provides textual analysis of Tobacco in the Czech Republic’s recent performance and future prospects
• Incorporates in-depth five forces competitive environment analysis and scorecards
• Includes a five-year forecast of Tobacco in the Czech Republic
• The leading companies are profiled with supporting key financial metrics
• Supported by the key macroeconomic and demographic data affecting the market

Product Description
This report covers all forms of tea. It covers the market in the Czech Republic.
... Read more