Qatar Food and Drink Report Q1 2014

Qatar Food and Drink Report Q1 2014

Published: December 2013
Publisher: Business Monitor International (BMI)
Product ref: 191054
Pages: 91
Format: PDF
Delivery: Immediate download

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BMI View: Private consumption in Qatar will continue to grow at a rapid pace throughout 2014, supported by the government's expansionary fiscal stance and a fast-rising resident population. Qatari economic activity will continue to expand at a strong pace throughout 2014, and we forecast real GDP growth of 5.4% for the year, from an estimated 5.7% in 2013 (which is up from our previous projections of 4.8% and 5.0%). This has positive implications for food and drink spending.

Headline Industry Data (local currency) ¦ 2013 food consumption growth = +4.5%; compound annual growth rate (CAGR) 2013 to 2017 = +4.4%. ¦ 2013 soft drinks sales = +6.4%; CAGR 2013 to 2017 = +5.8% ¦ 2013 mass grocery retail sales = +5.6%; CAGR 2013 to 2017 = +5.5% ¦ 2013 supermarket sales = +2.6%; CAGR 2013 to 2017 = +3.6%

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By sector: General drinks

By market: Qatar (in Asia)


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