(MENAFNEditorial)
Qatar's economic prospects remain the most positive in the region. We forecast real GDP growth of 6.6% in 2015 and 6.1% in 2016 up from 5.7% in 2014. The non-hydrocarbons economy will propel growth with construction activity and the services sector set to remain the dominant performers. On the consumer side the outlook for food and drink companies remains strong on the back of forecast real private consumption growth of 9.5% in 2015.
Headline Industry Data (local currency)
* 2015 food consumption growth = +6.0%; compound annual growth rate (CAGR) 2014 to 2019 = +5.5%.
* 2015 bottled water value = +13.2%; CAGR 2014 to 2019 = +12.1%
* 2015 mass grocery retail sales = +7.5%; CAGR 2014 to 2019 = +6.9%
Key Industry Trends And Developments
Government Plans IPO To Resolve Poultry Meat Shortage : The Qatari government plans to launch an initial public offering (IPO) in 2015 to resolve the country's poultry meat shortage according to Hashem Aqeel al-Aqeel CEO of Investment House - a domestic bank advising on the project. The government intends to lease 5.7mn sq m of land to private investors for the development of a chicken farm. The farm supported by Qatari investors will have a production capacity of 45mn kilograms of chicken meat by 2018. According to al-Aqeel institutional investors have committed QAR750mn (USD206mn) to the project
Full Report Details at
-
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 Gulf 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 BMI Research'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 mass grocery retail market.
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.
BMI’s Food and Drink Risk Reward Index
BMI’s Risk Reward Index provides investors (food and drink manufacturers and mass grocery retailers) looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry economic and demographic points. These provide indices of highest to lowest appeal to investors with each position explained.
Food Forecasts
BMI’s food chapter is divided into sections such as meat fish confectionary dairy and canned foods and provides insight into each market’s food industry centred on a forecast to end-2019 for the sector. The chapter includes the following elements:
* Industry Forecast Scenario: Historical data series and a forecast to end-2019 for growth of key indicators within a market’s food industry. Indicators include food 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 each market’s drink industry centred on a forecast to end-2019 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 each market’s grocery retail industry centred on a forecast to end-2019 for the sector. Forecast indicators include mass grocery retail sales by format (including supermarkets hypermarkets convenience and discount stores) and a breakdown of the organised retail sector versus the traditional sector among others.
Competitive Landscape
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts we provide quick and easy access to the best competitive intelligence available. Our unbiased expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports please visit our website at or call us at 1.800.844.8156 (1.413.485.7001 Int'l)
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.