Saudi Arabia Food and Drink Report Q3 2014

Saudi Arabia Food and Drink Report Q3 2014

Published: June 2014
Publisher: Business Monitor International (BMI)
Product ref: 213628
Pages: 104
Format: PDF
Delivery: Immediate download

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BMI View: We expect the positive momentum in private consumption to continue in the medium term, and forecast private consumption growth of 5.0% in 2014 (adding 1.5 percentage points to headline growth), from an average of 5.7% over 2008-2012. We maintain our medium-term bullish outlook on the retail and trade sector, with sales benefiting from rising disposable incomes, favourable demographics and increasing urbanisation.

Headline Industry Data ¦ 2014 food consumption growth in local currency = +8.0%; compound annual growth rate (CAGR) 2013 to 2018 = +7.6% ¦ 2014 confectionery value sales growth in local currency = +6.9%; CAGR to 2018 = +6.5% ¦ 2014 mass grocery retail sales growth in local currency = +10.3%; CAGR to 2018 = +9.6%

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Related research categories

By sector: General drinks

By market: Saudi Arabia (in Asia)


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