Fast Market Research

"Qatar Food & Drink Report Q2 2014" Now Available at Fast Market Research

Fast Market Research recommends "Qatar Food & Drink Report Q2 2014" from Business Monitor International, now available

 
Repost This

Boston, MA -- (SBWIRE) -- 05/05/2014 -- Strong growth in the non-hydrocarbon economy, stemming from extensive construction activity and the rapid expansion of the services sector, will drive economic activity over 2014 and 2015. We forecast real GDP of 5.4% this year and 5.0% in 2015, from an estimated 5.7% in 2013. Downside risks remain limited at this stage, but include the potential for delays in the construction sector and an ongoing political dispute between Qatar and the rest of the Gulf. We forecast real private consumption growth of 11.0% in 2014 and 8.0% in 2015, up from an average of 6.2% in 2009-12. The country's fast-rising resident population, on the back of high demand for foreign workers in preparation for the 2022 FIFA World Cup, will help to fuel growth in the consumer sector, including the food and drink sector.

View Full Report Details and Table of Contents

Headline Industry Data (local currency)

- 2014 food consumption growth = +5.7%; compound annual growth rate (CAGR) 2013 to 2018 = +5.5%.
- 2014 bottled water value = +13.5%; CAGR 2013 to 2018 = +12.4%
- 2014 mass grocery retail sales = +7.2%; CAGR 2013 to 2018 = +6.9%

Key Industry Trends And Developments

United Biscuits Expands Presence In Region: In November 2013 UK food manufacturer United Biscuits acquired Saudi Arabia-based Rana Confectionery Products. The acquisition comes as part of the company's effort to expand its presence across Middle Eastern markets. United Biscuits will partner with local industry affiliate Ali Zaid Al Quraishi & Brothers but will maintain a majority interest in Rana. The move is intended to boost the regional profile of United Biscuits' McVitie's brand with a view to making it a 'leading brand in the Middle East'.

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 http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Food research reports at Fast Market Research

You may also be interested in these related reports:

- Netherlands Food & Drink Report Q2 2014
- Germany Food & Drink Report Q2 2014
- India Food & Drink Report Q2 2014
- Mexico Food & Drink Report Q2 2014
- Slovenia Food & Drink Report Q2 2014
- Vietnam Food & Drink Report Q2 2014
- Turkey Food & Drink Report Q2 2014
- Kuwait Food & Drink Report Q2 2014
- Thailand Food & Drink Report Q2 2014
- Indonesia Food & Drink Report Q2 2014