Kazakhstan Food and Drink Report - Business Monitor International - Industry Reports

Kazakhstan Food and Drink Report

Kazakhstan Food and Drink Report - Business Monitor International - Industry Reports
Kazakhstan Food and Drink Report
Published Sep 10, 2016
66 pages — Published Sep 10, 2016
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Abstract:

We hold a sluggish outlook for Kazakhstani consumers over the next two years, as we forecast real private consumption to expand by just -.- in ---- and -.- in ----. The sharp drop in oil prices over the past year or so has severely affected economic activity, as oil accounts for almost -- of total exports and half of public sector revenue. ...By Central Asian standards, the country offers a sizeable consumer base with a population of almost --mn, which will expand at a steady pace over the next decade. Foreign retail operators from Russia, and potentially China, are likely to start to build up a market presence in Kazakhstan as they take advantage of the opportunities on offer. Focusing on income distribution, Kazakhstan also offers a sizeable middle class, although we caution that great disparities exist between urban centres and rural areas. ...More than -- of households currently fall within the USD-,------,--- income bracket. As consumers climb up the income ladder, we expect more premiumisation opportunities to arise for consumer goods manufacturers.

...BMI View: As the low oil price environment shows signs of early recovery, we expect Kazakhstan s food and drink sector to expand gradually in the short-term followed by meaningful growth over the back end of our forecast period. The country s MGR sector remains predominantly informal, and thus holds vast opportunities for investment given the large youthful consumer base and steadily rising incomes. ...The country s MGR sector remains predominantly informal, and thus holds vast opportunities for investment given the large youthful consumer base and steadily rising incomes. Food and Drink Spending (---------) Food, sales, KZTmn Non-alcoholic drinks, sales, KZTmn ---- ---- ---- ----f ----f ----f ----f ----f - -,---,--- -,---,--- -,---,--- -,---,--- -,---,--- f = BMI forecast. Food and Drink Spending (---------) Food, sales, KZTmn Non-alcoholic drinks, sales, KZTmn ---- ---- ---- ----f ----f ----f ----f ----f - -,---,--- -,---,--- -,---,--- -,---,--- -,---,--- f = BMI forecast. ...Food and Drink Spending (---------) Food, sales, KZTmn Non-alcoholic drinks, sales, KZTmn ---- ---- ---- ----f ----f ----f ----f ----f - -,---,--- -,---,--- -,---,--- -,---,--- -,---,--- f = BMI forecast.

...French supermarket chain Carrefour entered the Kazakh market in February ---- with plans to open a further -- outlets by ----. Kazakhstan has endured a turbulent economic period over the last two years as a result of the low oil- price environment. ...

  
Source:
Document ID
1758-4655
Country
Industry
Industry
Industry
Industry
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Kazakhstan Food and Drink Report" Sep 10, 2016. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Kazakhstan-Food-and-Drink-Report-2026-720>
  
APA:
Business Monitor International - Industry Reports. (2016). Kazakhstan Food and Drink Report Sep 10, 2016. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Kazakhstan-Food-and-Drink-Report-2026-720>
  
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