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TIME PRESSURES SHAPE UK PREFERENCES.
(From Market - Europe)
Consumers in the UK have enjoyed a generalized increase in prosperity in recent years and their more active lifestyles are driving up sales at restaurants and health food stores. The number of upper income households is on the rise and that trend is boosting overall consumer expectations with regards to quality of living
Throughout 2004, the rise of upper income households will boost sales of upscale non-durable goods. The restaurant sector should experience sales growth in excess of 5 percent year-on-year as of the second quarter. Increased tourism and growing internal spending on upscale dining will contribute to firm demand for premium food products and services. The same holds true for the beverage sector, where sales of upscale brands should rise moderately over the next 12 months
At the other end of the spectrum, a growing ...
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