Business Monitor International


United Arab Emirates Food & Drink Report

Published 27 February 2014

  • 105 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
 
$1,295.00
United Arab Emirates Food & Drink Report

BMI View: We remain bullish on the UAE's consumer outlook, as a wealth of data point to continued growth. With consumer and business sentiment looking positive, the outlook for household consumption is particularly bright over the coming quarters. Following real GDP growth of 6.2% in 2012 and an expected 4.1% in 2013, we expect the economy to expand by a more moderate 3.4% in 2014. Our country risk team forecasts real private final consumption growth of 6.5% in 2014, but thereafter to rise, up to 8.8% in 2016 and 2017 and beyond .

Headline Industry Data

  • 2014 food consumption growth (local currency terms): +5.5%; compound annual growth rate (CAGR) to 2018: +5.7%.

  • 2014 per capita food consumption growth (local currency terms): +3.9%; CAGR to 2018: +4.4%.

  • 2014 total soft drinks sales (local currency terms): +6.0%; compound annual growth rate (CAGR) to 2018: +6.3%.

  • 2014 mass grocery retail sales (local currency terms): +8.4%; compound annual growth rate (CAGR) to 2018: +8.7%.

Key Industry Trends And Developments

Amira's Basmati Rice Acquisition Deal Closes: UAE-based Amira Nature Foods completed the acquisition of Germany-based premium-branded rice distributor Basmati Rice for an undisclosed amount. Amira will be offering 10 varieties of rice under the ATRY, Scheherazade, Sultan, Sativa and Sadry brands. The aim is to expand Amira's sales in international markets, including Germany, Europe and the US, according to the firm's CEO, Karan A Chanana. The company, which generated revenue of US$9mn in 2013, expects to boost current FY14 earnings through this acquisition. Amira Nature Foods reported a jump in full-year earnings, boosted by growing demand for basmati rice. For the year to March 31 2013, EBITDA rose 30.5% to US$52.2mn, while net profit rose 61.2% to US$19.2mn. Full-year sales were up 25.7% to US$413.7mn.

Denny's To Venture Into Middle East: US restaurant chain Denny's has signed a franchise agreement with UAE-based Advance Investment,...

Table of Contents

BMI Industry View
7
SWOT Analysis
9
Food
9
Drink
11
Mass Grocery Retail
13
Industry Forecast
15
Consumer Outlook
15
Food
17
Food Consumption
17
Table: Food Consumption Indicators - Historical Data & Forecasts, 2010-2017
18
Crude Soya Bean Oil
18
Table: Crude Soya Bean Oil Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
18
Drink
19
Soft Drinks
19
Table: Soft Drink Value/Volume Sales - Historical Data & Forecasts, 2010-2017
21
Hot Drinks
22
Mass Grocery Retail
22
Table: Grocery Retail Sales By Format
23
Table: Mass Grocery Retail Sales - Historical Data & Forecasts, 2010-2017
23
Trade
24
Table: Trade Indicators - Historical Data & Forecasts
25
Macroeconomic Forecast
26
Economic Outlook
26
Household Consumption Outlook
30
Fixed Investment Outlook
32
Government Consumption Outlook
34
Net Export Outlook
35
Table: United Arab Emirates Long-Term Macroeconomic Forecasts
36
Industry Risk Reward Ratings
37
UAE
37
Middle East and North Africa
37
Table: Middle East & North Africa Food & Drink Risk/Reward Ratings Q213
38
Table: Middle East & North Africa Food & Drink Risk/Reward Ratings Sub-components Q213 (out of 10)
39
Market Overview
43
Food
43
Food Production
43
Agriculture
44
Halal Food
44
Drink
45
Hot Drinks
45
Soft Drinks
45
Mass Grocery Retail
46
Industry Trends And Developments
48
Food
48
Drink
53
Mass Grocery Retail
55
Competitive Landscape
56
Table: Key Players In UAE's Food & Drink Sector
56
Table: Key Players In UAE's Mass Grocery Retail Sector
57
Company Profile
58
Unilever North Africa Middle East
58
Abu Dhabi National Foodstuff Company
60
Al Ain Dairy
62
Masafi
65
Al Ain Mineral Water Company
67
Aujan
69
EMKE Group
71
Carrefour MAF
74
Spinneys Dubai
76
Global Industry Overview
78
Table: Core Views
84
Demographic Forecast
85
Table: United Arab Emirates' Population By Age Group, 1990-2020 ('000)
86
Table: United Arab Emirates' Population By Age Group, 1990-2020
87
Table: United Arab Emirates' Key Population Ratios, 1990-2020
88
Table: United Arab Emirates' Rural And Urban Population, 1990-2020
88
Glossary
89
Food & Drink
89
Mass Grocery Retail
89
Methodology
91
Risk/Reward Ratings Methodology
91
Table: Rewards
92
Table: Risks
92
Table: Weighting
93

The United Arab Emirates 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 United Arab Emirates 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 United Arab Emirates.

Key Benefits

  • Benchmark BMI's independent food and drink industry forecasts for United Arab Emirates to test other views - a key input for successful budgeting and strategic business planning in the Emirati food and drink market.
  • Target business opportunities and risks in United Arab Emirates through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
  • Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.

Coverage

BMI Industry View

Summary of BMI's key industry forecasts, and views, covering food and drink manufacturing and consumption and the retail market.

Business Environment Ratings

BMI's Food & Drink Business Environment Ratings provide a country-comparative Risk-Reward Ratings index aimed at investors, food and drink manufacturers and mass grocery retailers.

The ratings methodology makes sophisticated use of over 40 industry, economic and demographic data points.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the food, drink and mass grocery retail sectors, and within the broader political, economic and business environment.

Food Forecasts

BMI's food chapter is divided into sections such as Meat, Fish, Confectionary, Dairy and Canned Foods, and provides insight into a market's food industry, centred on a forecast to end-2018 for the sector. The chapter includes the following elements:

Industry Forecast Scenario - Historical data series and forecasts to end-2018 for growth of key indicators within a market's food industry. Including consumption, food consumption as % of GDP, canned food sales, confectionery sales and food and drink imports and exports, among others.

Industry Developments - A summary of corporate developments, including news on M&As, FDI, expansions, closures and financial results, in addition to analysis and explanation of the latest industry events and how these could influence further investment.

Market Overview - An overview of the structure of the market, introducing the key players and discussing underlying trends.

Drink Forecasts

Segmented the same way as BMI's food chapter, the drink section provides insight into the market's drink industry, centred on a forecast to end-2018 for the sector. Forecast indicators include alcoholic and soft drink sales by value, volume and sub-sector and tea and coffee sales, among others.

Mass Grocery Retail Forecasts

Segmented the same way as BMI's food and drink chapters, the mass grocery retail section provides insight into a market's grocery retail industry, centred on a forecast to end-201 for the sector. Forecast indicators include mass grocery retail sales by format (including supermarkets, hypermarkets, convenience and discount stores) and a breakdown for the organised retail sector versus the traditional sector, among others.

Competitive Landscape & Profiles

Illustration of the industry via rankings tables comparing revenues, number of outlets and number of employees. BMI analyses each company's market position, business strategies and investment potential.

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Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc