Saudi Arabia Food and Drink Report - Business Monitor International - Industry Reports

Saudi Arabia Food and Drink Report

Saudi Arabia Food and Drink Report - Business Monitor International - Industry Reports
Saudi Arabia Food and Drink Report
Published Aug 27, 2016
68 pages — Published Aug 27, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

Economic activity in Saudi Arabia has passed its peak, with the forces bolstering the expansion of the non- oil economy set to gradually tail off over the coming quarters. Both fiscal and monetary conditions are beginning to tighten over ----, a shift that will intensify over the coming quarters. The public sector wage bill is likely to be capped, although most of the country s large-scale welfare and subsidy network will remain intact. King Salman has already strengthened his control on the country s administrative apparatus and taken steps to tighten scrutiny on public infrastructure projects, ordering government bodies to return unspent money to the finance ministry and suspend new hiring and promotions for government jobs until the end of ----. We project public spending to fall by --.- in real terms over ----, recording the largest decline since ----. While this partly reflects a return to the mean after the end of one-off factors such as the bonus wage payments, we also anticipate a large cut in capital expenditure (CAPEX). Lower government spending, diminishing government deposits in the banking system and tighter liquidity, and weaker consumer and business sentiment are bound to impact on private sector activity in the form of reduced contract awards, softer retail sales and downside risks to corporate profits.

...Indeed, leading indicators of economic activity generally point in a negative direction. The purchasing managers index (PMI) generated a reading of --.- in September, only marginally above the record low of --.- reached in June - with output growth and growth in new orders in the non-oil private sector both decreasing. ...Output stayed flat at --.-mn barrels per day in September, reflecting the end of the peak fuel consumption summer season (although this is still -.- above last year s level). That said, we believe that retail sales will continue to benefit from more structural factors, including rising disposable incomes, favourable demographics and increasing levels of urbanisation, and the increasing participation of Saudi nationals in the private sector as a result of the government s Saudisation programme. Incremental social changes are also slowly letting women take a greater role in the workplace (particularly in some segments of the retail sector), boosting households purchasing power. ...That said, we believe that retail sales will continue to benefit from more structural factors, including rising disposable incomes, favourable demographics and increasing levels of urbanisation, and the increasing participation of Saudi nationals in the private sector as a result of the government s Saudisation programme. Incremental social changes are also slowly letting women take a greater role in the workplace (particularly in some segments of the retail sector), boosting households purchasing power.

...BMI View: Saudi Arabia will face growing economic headwinds over ----, with the non-oil sector under pressure on the back of reduced government spending. Food and Drink sales will gradually decline as consumer sentiment slows over this period. ...

  
Source:
Document ID
1749-2920
Country
Industry
Industry
Industry
Industry
Industry
Industry
Format:
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Sections

TitleStarting PageNumber of Pages
   Al Safi-Danone 602
   Saudi Dairy &Foodstuff Company (SADAFCO)622
   Almarai642
   Al Rabie Saudi Foods662
   Aujan 682
   702
   EMKE Group (LuLu)722
   741
CONTENTS34
BMI Industry View72
SWOT Analysis93
Business Environment1218
  BMI s Core Global Industry Views129
  Middle East Food &Drink Risk/Reward Ratings214
  Saudi Arabia Food &Drink Risk/Reward Ratings251
  Macroeconomic Outlook264
Industry Forecast Scenario3012
  Consumer Outlook303
  Food331
    Food Consumption331
    Confectionery341
  Drinks351
    Soft Drinks352
    Alcoholic Drinks371
    Hot Drinks371
  Mass Grocery Retail382
  Trade402
Food428
  Key Gulf Region Industry Trends And Developments421
    Almarai Investing In Diversification421
    New Products And Frontier Markets431
    Growing Investment Interest From Multinational Corporations431
    Growing Popularity Of Eating Out441
    Snack Chains Growing in Popularity451
  Market Overview461
    Food Processing461
    Dairy Processing471
    Agriculture481
    Halal491
Drink505
  Key Gulf Region Industry Trends And Developments501
    Bottled Water Sector Growing In Importance501
    Frontier Market Investment Strengthening511
    Carbonates Shake-Up511
    Diversifying Away From Carbonates521
  Market Overview531
    Soft Drinks531
    Hot Drinks531
    Alcoholic Drinks541
Mass Grocery Retail553
  Key Gulf Region Industry Trends And Developments551
    Foreign Retailers Looking At Saudi Arabia551
    Frontier Market Investment551
    Growing Investment Into Modern Convenience Retailing561
  Market Overview571
Competitive Landscape582
Company Monitor6016
  Food608
  Drink682
  Mass Grocery Retail706
Demographic Outlook764
Risk/Reward Ratings Methodology802
  Weighting811
BMI Food &Drink Industry Glossary822
  Food &Drink821
  Mass Grocery Retail822
BMI Food &Drink Forecasting &Sourcing842
  How We Generate Our Industry Forecasts842
    Sourcing851

Table Of Contents

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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Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Saudi Arabia Food and Drink Report" Aug 27, 2016. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Saudi-Arabia-Food-and-Drink-Report-2026-454>
  
APA:
Business Monitor International - Industry Reports. (2016). Saudi Arabia Food and Drink Report Aug 27, 2016. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Saudi-Arabia-Food-and-Drink-Report-2026-454>
  
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