New Study: United Arab Emirates Food & Drink Report Q4 2015

We maintain our bullish outlook on the UAE's economy, even with weaker oil prices. Consumer and business sentiment remain positive, underlining our particularly upbeat views on household consumption and fixed investment over the coming quarters. Following estimated real GDP growth of 3.9% in 2014, we forecast the economy to expand by 4.0% in 2015. The non-o il sector will drive GDP growth and we therefore forecast real private consumption to accelerate from 6.5% in 2014 to 7.2% in 2015.

Headline Industry Data

2015 food consumption growth (local currency terms): +5.7%; compound annual growth rate (CAGR) 2014 to 2019: +7.7%.
2015 per capita food consumption growth (local currency terms): +4.6%; CAGR 2014 to 2019: +5.9%.
2015 total soft drinks sales (local currency terms): +7.5%; compound annual growth rate (CAGR) 2014 to 2019: +7.7%.
2015 mass grocery retail sales (local currency terms): +10.3%; compound annual growth rate (CAGR) 2014 to 2019: +10.3%.

Full Report Details at
- http://www.fastmr.com/prod/1038200_united_arab_emirates_food.aspx?afid=301

Key Industry Trends And Developments

Shawarmanji Plots International Expansion : In June 2015, it was reported that Lebanese shawarma fast food joint Shawarmanji was planning to expand its footprint with new outlets in the UAE, Qatar, Kuwait and South Africa. At the time, the company had 12 outlets in Lebanon and six in the UAE, with new outlets already in the works at the Mall of the Emirates and Sahara Mall in the UAE. Shawarmanji claims to be the first multinational shawarma chain and the only shawarma concept in the world to have outlets at airports.

The United Arab Emirates 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 United Arab Emirates 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 United Arab Emirates.

Key Benefits

* Benchmark BMI's independent food and drink industry forecasts for United Arab Emirates to test other views - a key input for successful budgeting and strategic business planning in the Emirati food and drink market.
* Target business opportunities and risks in United Arab Emirates through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
* Exploit latest competitive intelligence

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- The Future of the Confectionery Market in the United Arab Emirates to 2019