BMI Industry View . 7
SWOT Analysis . 9
France Food Industry SWOT 9
France Drink Industry SWOT 10
France Mass Grocery Retail Industry SWOT. 11
Business Environment 12
BMI’s Core Global Industry Views 12
Table: Core Views 20
Western Europe Risk/Reward Ratings 21
Table: Western Europe Food & Drink Risk/Reward Ratings Subcategories, Q312 (scores out of 10) 22
Table: Western Europe Food & Drink Risk/Reward Ratings, Q312 24
France’s Food & Drink Business Environment Ratings 25
Macroeconomic Outlook 26
Table: Economic Activity . 28
Industry Forecast Scenario 29
Consumer Outlook 29
Food 32
Food Consumption 32
Table: Food Consumption Indicators 32
Prepared Food/Canned Food 33
Table: Canned Food Value/Volume Sales – Historical Data & Forecasts 33
Confectionery. 33
Table: Confectionery Value/Volume Sales – Historical Data & Forecasts 34
Drink . 35
Hot Drinks 35
Table: Hot Drink Value Sales – Historical Data & Forecasts 35
Soft Drinks 35
Table: Soft Drink Value Sales – Historical Data & Forecasts 36
Alcoholic Drinks . 37
Table: Alcoholic Drink Value/Volume Sales – Historical Data & Forecasts 38
Mass Grocery Retail 39
Table: Mass Grocery Retail Sales – Historical Data & Forecasts 40
Table: Grocery Retail Sales By Format, 2010 & 2020 40
Trade 41
Table: Trade Indicators – Historical Data & Forecasts 41
Food . 42
Key Industry Trends And Developments 42
French Food Sector Grows In 2011 . 42
Danone Fails To Match Recent Performance In First Quarter Of 2012 42
Inward And Outward Investment Continues 44
Bonduel Demonstrates Emerging Market Appetite 45
Mars To Expand Manufacturing Capacity Of French Plant 46
Stevia’s EU Approval Likely To Spur Product Development . 46
R&R Builds Ice Cream Business In France . 48
Lactalis Secures Takeover Bid For Parmalat 49
Sodiaal Acquires Rival Dairy Firm Entremont . 49
General Mills Acquires 50% Stake in Yoplait 50
Functional Food Continues To Grow In Importance 51
Market Overview 52
Food Production . 52
Food Consumption 52
Prepared Food/Canned Food 53
Table: Frozen Fruit . 53
Table: Pasta 54
Table: Meat 56
Table: Fish 57
Table: Oils & Fats 59
Table: Dairy 63
Confectionery. 66
Table: Baked Goods & Jam 67
Table: Snack Foods . 68
Trade . 71
Organic Farming 71
Drink 73
Key Industry Trends And Developments 73
Sobieski Is The Kind Of Asset That Belvédère Needs To Sell . 73
Pernod Ricard Could Lean On Asia To Support Near-Term Growth. 75
Champagne Figures Highlight Weak Emerging Market Exposure 78
New Soft Drink Tax Likely To Have Long-Term Implications 80
Alcohol Could Be Target For Tax Revenue . 81
Remy Cointreau Enjoying Fruitful Rewards From Its Premium Positioning 83
Coca-Cola Launches Adult Soft Drink in France 86
China Thirsty For French Wine Culture And Brands 86
Fate Of Rémy’s Champagne Arm Will Signal LVMH’s Strategy 87
Market Overview 88
Soft Drinks 88
Alcoholic Drinks . 89
Beer 89
Wine 90
Spirits. 90
Mass Grocery Retail . 91
Key Industry Trends And Developments 91
Carrefour Q1 Europe Sales Hit by Weak Non-Food Numbers 91
Auchan Invests in Promising Tunisian Market 93
Casino’s Outperformance Highlights EM Strength And Domestic Resilience 94
Leclerc Unveils Ambitions To Overtake Carrefour 95
Intermarche Aims For Growth From Production Arm . 96
M&S Makes Re-entry To French Market 96
French Convenience Sector Set For Consolidation 97
Market Overview 99
Leading Players .100
Table: Structure Of France’s MGR Market – Estimated Number Of Outlets, 2002-2008 .101
Competitive Landscape . 102
Key Players .102
Table: Key Players In France’s Food Sector 102
Table: Key Players In France’s Drink Sector 103
Table: Key Players In France’s Mass Grocery Retail Sector 104
Company Monitor . 107
Food.107
Groupe Danone .107
Nestlé France 110
Drink 112
LVMH Group (Moët Hennessy Louis Vuitton) .112
Pernod Ricard .114
Mass Grocery Retail .116
Carrefour 116
Groupe Auchan 120
Groupe Casino 123
Demographic Outlook 126
Table: France''s Population By Age Group, 1990-2020 (''000) .127
Table: France''s Population By Age Group, 1990-2020 (% of total) .127
Table: France''s Key Population Ratios, 1990-2020 128
Table: France''s Rural And Urban Population, 1990-2020 .129
Risk/Reward Ratings Methodology 130
Weighting .131
BMI Food & Drink Industry Glossary 132
Food & Drink .132
Mass Grocery Retail .132
BMI Food & Drink Forecasting & Sourcing 134
How We Generate Our Industry Forecasts .134
Sourcing .135Table: Core Views . 20
Table: Western Europe Food & Drink Risk/Reward Ratings Subcategories, Q312 (scores out of 10) . 22
Table: Western Europe Food & Drink Risk/Reward Ratings, Q312 . 24
Table: Economic Activity . 28
Table: Food Consumption Indicators . 32
Table: Canned Food Value/Volume Sales – Historical Data & Forecasts . 33
Table: Confectionery Value/Volume Sales – Historical Data & Forecasts . 34
Table: Hot Drink Value Sales – Historical Data & Forecasts . 35
Table: Soft Drink Value Sales – Historical Data & Forecasts . 36
Table: Alcoholic Drink Value/Volume Sales – Historical Data & Forecasts . 38
Table: Mass Grocery Retail Sales – Historical Data & Forecasts. 40
Table: Grocery Retail Sales By Format, 2010 & 2020 . 40
Table: Trade Indicators – Historical Data & Forecasts . 41
Table: Frozen Fruit . 53
Table: Pasta . 54
Table: Meat . 56
Table: Fish . 57
Table: Oils & Fats . 59
Table: Dairy . 63
Table: Baked Goods & Jam . 67
Table: Snack Foods . 68
Table: Structure Of France''s MGR Market – Estimated Number Of Outlets, 2002-2008 .101
Table: Key Players In France''s Food Sector .102
Table: Key Players In France''s Drink Sector .103
Table: Key Players In France''s Mass Grocery Retail Sector .104
Table: France''s Population By Age Group, 1990-2020 (''000) .127
Table: France''s Population By Age Group, 1990-2020 (% of total) .127
Table: France''s Key Population Ratios, 1990-2020 .128
Table: France''s Rural And Urban Population, 1990-2020 .129