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'Lithuania Food and Drink Report 2008' Provides Independent Forecasts and Competitive Intelligence on Lithuania's Food and Drink Industry

Posted on: Monday, 28 July 2008, 09:01 CDT

Research and Markets (http://www.researchandmarkets.com/research/081e11/lithuania_food_and) has announced the addition of the "Lithuania Food and Drink Report 2008" report to their offering.

Lithuania represents one of the more attractive markets for food and drink retailers in the Central and Eastern European (CEE)market. In BMI's revised Business Environment Ranking table for the food industry in CEE, Lithuania is placed third, after Hungary and Slovenia. In the past few years, the growth in the country's mass grocery retail (MGR) sector has exceeded most of its counterparts in the region, which has boosted value and volume increase of food and drink consumption. However, a broader

economic slowdown will act as a brake on this situation over the coming years.

The small size of its population represents a major drawback to companies thinking of entering the country, despite the fact that Lithuania is viewed as one of the CEE's more liberalised and dynamic economies. Furthermore, Lithuania's MGR and food retail market are considered the most consolidated in the Baltic region, which has already stopped some international retailers from entering the country. Lithuania's MGR sector and, in fact, retail as a whole, is dominated by Maxima LT (previously VP Market), with Rimi Baltic in second place. The country's domestic players are increasingly aiming to expand abroad in order to avoid the pitfalls of the concentration of the local market.

Nevertheless, rising disposable incomes - although Lithuanians remain among the poorest citizens in the European Union (EU) - will represent one of the key drivers of the growth of food volume and value sales over the forecast period. A strong economy and relatively stable political climate will allow key companies operating in the market to make longer-term plans, which may include takeovers of smaller food processing firms. In the meantime, BMI does not expect major developments in the country's food sector, judging by the relatively quiet recent months.

Key Topics Covered: Executive Summary Business Environment Regional Food & Drink Business Environment Ratings Table: CEE Food & Drink Ratings - Q108 Lithuania's Food and Drink Business Environment Rating SWOT Analysis Mass Grocery Retail Lithuania Mass Grocery Retail Industry SWOT Food and Drink Lithuania Food & Drink Industry SWOT Macroeconomic Outlook Table: Economic Activity Retail Regional Overview: Hypermarket Retailing in the CEE Region Industry Forecast Scenario Table: Lithuania Mass Grocery Retail Sales by Format (US$bn) - Forecast Data Table: Grocery Retail Sales By Format - Historical Data And Forecasts Industry Developments Market Overview Table: Structure of Lithuania's Mass Grocery Retail Market by Estimated Number of Outlets Food and Drink Food Regional Overview: Frozen Meals in the CEE Region Table: Western Europe - Consumption Of Ready Meals By Product (000 tonnes) Table: Western Europe - Forecast Expenditure On Ready Meals By Product (EURmn) Table: Marriages And Divorces In Selected CEE Countries, Per '000 Population, 2004 Table: Composition Of Households In Selected CEE Countries By Number Of Children- (as % of total) Food Regional Overview: Confectionery in the CEE Region Table: Discount Store Sales (US$bn) by Country 2005-20 Industry Forecast Scenario Food Table: Food, Drink & Tobacco Trade Balance (US$mn) Indicators Table: Food Consumption Indicators Drink Table: Alcoholic Drinks Indicators Table: Soft Drinks Indicators Industry Developments Food Drink Agriculture Market Overview Food Table: Consumption of Main Foodstuffs Per Capita (kg) Drink Agriculture Table: Value of Lithuania's Agricultural Production (LT 41 Table: Number of Livestock and Poultry in Lithuania (in thousand heads) Tobacco Industry Forecast Scenario Table: Tobacco Indicators Industry Developments Market Overview Competitive Landscape Key Players Mass Grocery Retail Table: Key Players in Lithuania's Mass Grocery Retail Sector, 2007 Food and Drink Table: Key Players in Lithuanias Food & Drink Sector, Regional Company Case Studies Food: Hame in Central and Eastern Europe Table: Hame's Export Markets Table Urban Population in the Czech Republic as % of To Table Volume/Value of Canned Food in Czech Republic - Historical Data and Forecast Table Volume/Value of Canned Food in Romania - Historical Data and Forecast Food: Podravka in Central and Eastern Europe Table: Podravka Sales By Product Group, 2006 vs 2005 Table: Podravka Key Financial Indicators, 2005 And 2006 (HRKmn) Retail: Rewe In Central And Eastern Europe Title: Rewes Position In Markets Where It Has A Retail Presence Company Analysis Mass Grocery Retail Maxima LT (Vilniaus Prekyba) IKI Group Food Paulig Baltic AS Drink Kalnapilio-Tauro Grupe (KTG) (Royal Unibrew) Agriculture JSC Rokiskio Suris Food & Drink Ratings Appendix Introduction: Revised Methodology Ratings Overview Ratings System Indicators Table: Limits of Potential Returns Table: Risks to Realisation of Potential Returns Weighting Table: Weighting Our Forecast Modelling How We Generate Our Industry Forecasts Retail Industry Sources

Companies Mentioned:

-- IKI Group

-- JSC Rokiskio Suris

-- Kalnapilio-Tauro Grupe (KTG) (Royal Unibrew)

-- Maxima LT (Vilniaus Prekyba)

-- Paulig Baltic AS

For more information visit http://www.researchandmarkets.com/research/081e11/lithuania_food_and

Source: Business Wire

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