United Arab Emirates Food and Drink Report Q2
2013

United Arab Emirates Food and Drink Report Q2 2013

We expect that consumer confidence and private consumption in the UAE will remain solid moving forward despite ongoing turmoil in global markets and renewed concerns surrounding the strength of the US, eurozone and Chinese economies. The outlook for household spending in the UAE over the coming quarters remains encouraging, despite anaemic credit growth. According to a recent report by Hay Group, 85% of firms in the UAE increased salaries in 2012, while a country-wide average nominal pay rise of 5.5% is forecast for 2013. Moreover, latest consumer and business confidence surveys by Bayt.com/YouGov appear to indicate that household consumption will gradually accelerate over the coming quarters, with both the 'consumer confidence' and' consumer expectations' indices trending higher from their December 2011 troughs. Currently we are forecasting that household spending will expand by 7.0% in real terms in 2013, following estimated growth of 6.0% in 2012.

Headline Industry Data

• In 2013, we expect total food consumption to increase by 5.3% in local currency terms. Over our fiveyear forecast period to 2017, we expect total food consumption to increase at a compound annual rate of 6.2%.

• BMI Industry View
  • SWOT Analysis
  • Food
  • Drink
  • Mass Grocery Retail
  • Industry Forecast
  • Consumer Outlook
  • Food
  • Food Consumption
    • TABLE: Food Consumption Indicators - Historical Data & Forecasts, 2010-2017
  • Crude Soya Bean Oil
    • TABLE: Crude Soya Bean Oil Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
  • Drink
  • Soft Drinks
    • TABLE: Soft Drink Value/Volume Sales - Historical Data & Forecasts, 2010-2017
  • Hot Drinks
  • Mass Grocery Retail
    • TABLE: Grocery Retail Sales By Format
    • TABLE: Mass Grocery Retail Sales - Historical Data & Forecasts, 2010-2017
  • Trade
    • TABLE: Trade Indicators - Historical Data & Forecasts
  • Macroeconomic Forecast
  • Economic Outlook
  • Household Consumption Outlook
  • Fixed Investment Outlook
  • Government Consumption Outlook
  • Net Export Outlook
    • TABLE: United Arab Emirates Long-Term Macroeconomic Forecasts
  • Industry Risk Reward Ratings
  • UAE
  • Middle East and North Africa
    • TABLE: Middle East & North Africa Food & Drink Risk/Reward Ratings Q213
    • TABLE: Middle East & North Africa Food & Drink Risk/Reward Ratings Sub-components Q213 (out of 10)
  • Market Overview
  • Food
  • Food Production
  • Agriculture
  • Halal Food
  • Drink
  • Hot Drinks
  • Soft Drinks
  • Mass Grocery Retail
  • Industry Trends And Developments
  • Food
  • Drink
  • Mass Grocery Retail
  • Competitive Landscape
    • TABLE: Key Players In UAE's Food & Drink Sector
    • TABLE: Key Players In UAE's Mass Grocery Retail Sector
  • Company Profile
  • Unilever North Africa Middle East
  • Abu Dhabi National Foodstuff Company
  • Al Ain Dairy
  • Masafi
  • Al Ain Mineral Water Company
  • Aujan
  • EMKE Group
  • Carrefour MAF
  • Spinneys Dubai
  • Global Industry Overview
    • TABLE: Core Views
  • Demographic Forecast
    • TABLE: United Arab Emirates' Population By Age Group, 1990-2020 ('000)
    • TABLE: United Arab Emirates' Population By Age Group, 1990-2020
    • TABLE: United Arab Emirates' Key Population Ratios, 1990-2020
    • TABLE: United Arab Emirates' Rural And Urban Population, 1990-2020
  • Glossary
  • Food & Drink
  • Mass Grocery Retail
  • Methodology
  • Risk/Reward Ratings Methodology
    • TABLE: Rewards
    • TABLE: Risks
    • TABLE: Weighting