(MENAFNEditorial)
Qatar's economic prospects remain the most positive in the region. We forecast real GDP growth of 5.7% for 2014 accelerating to 6.6% in 2015 as the new Barzan gas development comes on-stream. On the consumer side the outlook for food and drink companies remains really strong on the back of forecast real private consumption growth of 13.0% in 2014 and 10.0% in 2015 compared to an annual average of 6.2% between 2009 and 2012.
Headline Industry Data (local currency)
* 2014 food consumption growth = +5.7%; compound annual growth rate (CAGR) 2014 to 2018 = +4.3%.
* 2014 bottled water value = +13.5%; CAGR 2014 to 2018 = +9.6%
* 2014 mass grocery retail sales = +7.2%; CAGR 2014 to 2018 = +5.4%
Key Industry Trends And Developments
Un i lever Boosting Regional Presence : Speaking in May 2014 Unilever CEO Paul Polman stated 'We are open to mergers and acquisitions opportunities in the region if they help in strengthening our portfolio. as the Middle East does make a substantial contribution to our global sales. The growth from the US and Europe may be in the range of 1-2% whereas we see almost 80-85% coming from emerging markets. We are open to hiring more staff in this region if required and need be; we currently employ 4600 workers. We are working on building and expanding three factories in the region - Dubai (personal care) Egypt (savoury products) and Maghreb (detergents).'
Full Report Details at
- http://www.fastmr.com/prod/888154_qatar_food_drink_report_q4_2014.aspx?afid=101
Carrefour Anchors New Luxury Mall : In summer 2014 it was announced that Carrefour has become the first retail anchor to be confirmed at the new luxury Mall of Qatar expected to be the largest shopping area in the country when it is completed at the end of 2015. The new hypermarket will become Carrefour's flagship store in the GCC region and will include unique products a new bakery line and higher quality food. The store is being tailored to meet the needs of wealthier shoppers expected to visit the mall.
The Qatar Food & Drink Report features Business Monitor International (BMI)'s market assessment and independent forecasts for food and drink expenditure consumption sales and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services sales investments partners and expansion strategies.
BMI's Qatar Food & Drink Report provides industry professionals and strategists sector analysts business investors trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Qatar.
Key Benefits
* Benchmark BMI's independent food and drink industry forecasts for Qatar to test other views - a key input for successful budgeting and strategic business planning in the Qatari food and drink market.
* Target business opportunities and risks in Qatar through our reviews of latest industry trends regulatory changes and major deals projects and investments.
* Exploit latest competitive intelligence on your competitors partners and clients via our Company Profiles (inc. SWOTs KPIs and latest activity) and Competitive Landscape Tables.
Coverage
BMI Industry View
Summary of BMI's key industry forecasts and views covering food and drink manufacturing and consumption and the retail market.
Business Environment Rankings
BMI's Food & Drink Business Environment Rankings provide a country-comparative Risk-Reward Rankings index aimed at investors food and drink manufacturers and mass grocery retailers.
The rankings methodology makes sophisticated use of over 40 industry economic and demographic data points.
Industry SWOT Analysis
Analysis of the major Strengths Weaknesses Opportunities and Threats within the food drink and mass grocery retail sectors and within the broader political economic and business environment.
Food Forecasts
BMI's food chapter is divided into sections such as Meat Fish Confectionary Dairy and Canned Foods and provides insight into a market's food industry centred on a forecast to end-2018 for the sector. The chapter includes the following elements:
Industry Forecast Scenario - Historical data series and forecasts to end-2018 for growth of key indicators within a market's food industry. Including consumption food consumption as % of GDP canned food sales confectionery sales and food and drink imports and exports among others.
Industry Developments - A summary of corporate developments including news on M&As FDI expansions closures and financial results in addition to analysis and explanation of the latest industry events and how these could influence further investment.
Market Overview - An overview of the structure of the market introducing the key players and discussing underlying trends.
Drink Forecasts
Segmented the same way as BMI's food chapter the drink section provides insight into the market's drink industry centred on a forecast to end-2018 for the sector. Forecast indicators include alcoholic and soft drink sales by value volume and sub-sector and tea and coffee sales among others.
Mass Grocery Retail Forecasts
Segmented the same way as BMI's food and drink chapters the mass grocery retail section provides insight into a market's grocery retail industry centred on a forecast to end-201 for the sector. Forecast indicators include mass grocery retail sales by format (including supermarkets hypermarkets convenience and discount stores) and a breakdown for the organised retail sector versus the traditional sector among others.
Competitive Landscape & Profiles
Illustration of the industry via rankings tables comparing revenues number of outlets and number of employees. BMI analyses each company's market position business strategies and investment potential.
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