New Report Available: Pakistan Food & Drink Report Q3 2015

We expect that Pakistan will become an increasingly important investment destination from a demographic point of view over the long term , provided political issues are addressed successfully. Pakistan's population is increasing rapidly , with the World Bank projecting it to exceed 200mn by 2022 . Urbanisation rates are also increasing, albeit slowly. We see real GDP growth coming in at 4.0% in fiscal year 2014/15, from 4.1% in FY2013/14. Per capita food consumption is forecast to experience strong growth, however this will be from a low base, and consumption is likely to remain significantly lower than other key emerging markets.

Full Report Details at
- http://www.fastmr.com/prod/1004014_pakistan_food_drink_report_q3.aspx?afid=301

Headline Industry Forecasts (local currency):

* 2015 per capita food consumption growth: +9.9% year-on-year (y-o-y); compound annual growth rate (CAGR) between 2014 and 2019: +9.9%.
* 2015 soft drinks volume sales growth: +3.1% y-o-y; CAGR between 2014 and 2019: +3.3%.
* 2015 mass grocery retail sales growth: +8.5% y-o-y; CAGR between 2014 and 2019: +9.8%.

Key Company Trends

Government Urged To Pass Food Security Bill : In January 2015, it was reported that the government of Pakistan would have to pass a food security bill immediately if the country is to have any chance of developing its horticultural exports. Leaders of a local project, Trade Related Technical Assistance (TRTAII), which is financed by The UN Industrial Development Organization and the EU, urged the country to pass the Naphis Bill as soon as possible. The country currently does not have a structured, effective and competent food security system, which the proposed bill seeks to address. TRTAII said that the new bill will result in immediate economic benefits for the country.

Nestle Pakistan Profits Increase 33% In H114 : In August 2014, it was reported that Nestle Pakistan reported a 33% year-on-year (y-o-y) increase in profits to PKR4.63bn (USD45.50mn) in H114, ending June 30, compared with PKR3.49bn (USD34.30mn) in H113. Earnings per...

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