New Market Research Report: Kazakhstan Food & Drink Report Q1 2015

From: Fast Market Research, Inc.
Published: Tue Dec 16 2014

Whilst the devaluation of the teng in early 2014 and elevated consumer price inflation (forecast to stay at over 8% in 2015) will impact on household spending, private consumption is set to remain the primary driver of Kazakh economic growth and this keeps the outlook positive for spending on food and drink. Future drivers of growth will be portfolio expansion by major manufacturers and importers, including strong marketing and promotional campaigns targeting younger and more aspirational consumers. The Kazakh government's recently announced financial incentive, offering up to 30% cash back to foreign investors in newly created firms, should boost investment into domestic companies in a country that is already an attractive destination for foreign investment.

Full Report Details at

Headline Industry Data (local currency):

* 2014 per capita food consumption: +9.6%; compound annual growth rate (CAGR) 2013 to 2018: +10.0%
* 2014 alcoholic drinks value sales: +10.2%; CAGR forecast 2013 to 2018: +10.9%
* 2014 soft drinks value sales: +13.5%; CAGR forecast 2013 to 2018: +14.1%

Key Industry Developments

Galanz Bottlers Install New Hotfill System: Maxi Tea brand holder Galanz Bottlers is a leading player in Central Asia's soft drinks sector and announced in July 2014 the launch of its new hotfill system production line. The new production line is able to operate at speeds of up to 24,000 bottles per hour and Galanz estimates annual cost savings to the company of around USD1.4mn. The equipment is designed to handle non-carbonated soft drinks and drinks that incorporate fruit pieces or pulps, both of which are growing business segments.

Strong Harvest Expected For 2014/15 Despite Long Dry Spell: Good overall weather conditions are likely to result in a slight increase for wheat production in 2014/15, although an extended dry spell in June and July has raised some concerns over damage to spring wheat. We maintain our forecast for a strong harvest in Kazakhstan for 2014/15...

The Kazakhstan 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 Kazakhstan 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 Kazakhstan.

Key Benefits

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