Lebanon Food and Drink Report 2014

Lebanon Food and Drink Report 2014

Published: November 2013
Publisher: BMI Research
Product ref: 189074
Pages: 84
Format: PDF
Delivery: Immediate download

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The outlook for private consumption is uninspiring. Although the latest Business Sentiment Survey from the central bank indicates a 3.4% y-o-y improvement in the headline reading in March, compared with an average increase of 0.6% in 2012, growth in the indicator has slowed steadily since 2010. According to a survey commissioned by the Qatar-based Arab Center for Research & Policy Studies, 95% of Lebanese respondents said that the current economic situation in Lebanon is 'bad' or 'very bad', the highest percentage among 14 Arab economies covered in the survey.

Headline Industry Data (local currency) 2014 per capita food consumption = +4.3%; forecast compound annual growth rate (CAGR) 2014 to 2017 = +3.9%. 2014 soft drink sales = +4.5%; forecast CAGR 2014 to 2017 = +3.7%. 2014 mass grocery retail (MGR) sales = +6.5%; forecast (CAGR) 2014 to 2017 = +6.0%.

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By sector: General drinks

By market: Lebanon (in Asia)

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