zenithinternational specialist consultants to the food and drink industries worldwide
Zenith Report GCC Dairy Market 2013
STRATEGY & MANAGEMENT MERGERS & ACQUISITIONS COMMERCIAL & MARKET OPERATIONS & TECHNICAL WATER & GEOTHERMAL ENVIRONMENT & CARBON PACKAGING & DISTRIBUTION
Contents 1:
2:
EXECUTIVE SUMMARY GCC DAIRY MARKET
6
INTRODUCTION
7
RESEARCH NOTE GCC COUNTRIES ECONOMIC OVERVIEW – SAUDI ARABIA (KSA) ECONOMIC OVERVIEW – UAE ECONOMIC OVERVIEW – KUWAIT ECONOMIC OVERVIEW – OMAN ECONOMIC OVERVIEW – QATAR ECONOMIC OVERVIEW – BAHRAIN
3:
GCC DAIRY MARKET MARKET VOLUME 2007-12 MARKET VOLUME BY COUNTRY 2007-12 MARKET VOLUME BY COUNTRY 2007-12 (CTD…) MARKET VOLUME BY CATEGORY 2007-12 MARKET VOLUME BY CATEGORY 2007-12 (CTD…) PER CAPITA CONSUMPTION BY COUNTRY 2007-12 PER CAPITA CONSUMPTION BY CATEGORY 2007-12 MARKET VALUE 2007-12 MARKET VALUE BY COUNTRY 2007-12 MARKET VALUE BY CATEGORY 2007-12 MARKET VALUE BY CATEGORY 2007-12 (CTD…) PER CAPITA EXPENDITURE BY COUNTRY 2007-12 PER CAPITA EXPENDITURE BY CATEGORY 2007-12
4:
COUNTRY FOCUS: KSA MARKET VOLUME 2007-12 AND OUTLOOK
2
© Zenith International Ltd 2013
5
8 9 10 11 12 13 14 15
16 17 18 19 20 21 22 23 24 25 26 27 28 29
30 31
zenithinternational specialist consultants to the food and drink industries worldwide
Contents MARKET VOLUME BY CATEGORY 2007-12 PER CAPITA CONSUMPTION BY CATEGORY 2007-12 MARKET VALUE 2007-12 MARKET VALUE BY CATEGORY 2007-12 PER CAPITA EXPENDITURE BY CATEGORY 2007-12 MANUFACTURER VOLUME SHARE BY CATEGORY 2012 MANUFACTURER VOLUME SHARE BY CATEGORY 2012 (CTD…)
5:
COUNTRY FOCUS: UAE MARKET VOLUME 2007-12 AND OUTLOOK MARKET VOLUME BY CATEGORY 2007-12 PER CAPITA CONSUMPTION BY CATEGORY 2007-12 MARKET VALUE 2007-12 MARKET VALUE BY CATEGORY 2007-12 PER CAPITA EXPENDITURE BY CATEGORY 2007-12 MANUFACTURER VOLUME SHARE BY CATEGORY 2012 MANUFACTURER VOLUME SHARE BY CATEGORY 2012 (CTD…)
6:
COUNTRY FOCUS: KUWAIT MARKET VOLUME 2007-12 AND OUTLOOK MARKET VOLUME BY CATEGORY 2007-12 PER CAPITA CONSUMPTION BY CATEGORY 2007-12 MARKET VALUE 2007-12 MARKET VALUE BY CATEGORY 2007-12 PER CAPITA EXPENDITURE BY CATEGORY 2007-12 MANUFACTURER VOLUME SHARE BY CATEGORY 2012 MANUFACTURER VOLUME SHARE BY CATEGORY 2012 (CTD…)
7:
COUNTRY FOCUS: OMAN MARKET VOLUME 2007-12 AND OUTLOOK MARKET VOLUME BY CATEGORY 2007-12
3
© Zenith International Ltd 2013
32 33 34 35 36 37 38
39 40 41 42 43 44 45 46 47
48 49 50 51 52 53 54 55 56
57 58 59
zenithinternational specialist consultants to the food and drink industries worldwide
Contents PER CAPITA CONSUMPTION BY CATEGORY 2007-12 MARKET VALUE 2007-12 MARKET VALUE BY CATEGORY 2007-12 PER CAPITA EXPENDITURE BY CATEGORY 2007-12 MANUFACTURER VOLUME SHARE BY CATEGORY 2012 MANUFACTURER VOLUME SHARE BY CATEGORY 2012 (CTD…)
8:
COUNTRY FOCUS: QATAR MARKET VOLUME 2007-12 AND OUTLOOK MARKET VOLUME BY CATEGORY 2007-12 PER CAPITA CONSUMPTION BY CATEGORY 2007-12 MARKET VALUE 2007-12 MARKET VALUE BY CATEGORY 2007-12 PER CAPITA EXPENDITURE BY CATEGORY 2007-12 MANUFACTURER VOLUME SHARE BY CATEGORY 2012 MANUFACTURER VOLUME SHARE BY CATEGORY 2012 (CTD…)
9:
COUNTRY FOCUS: BAHRAIN MARKET VOLUME 2007-12 AND OUTLOOK MARKET VOLUME BY CATEGORY 2007-12 PER CAPITA CONSUMPTION BY CATEGORY 2007-12 MARKET VALUE 2007-12 MARKET VALUE BY CATEGORY 2007-12 PER CAPITA EXPENDITURE BY CATEGORY 2007-12 MANUFACTURER VOLUME SHARE BY CATEGORY 2012 MANUFACTURER VOLUME SHARE BY CATEGORY 2012 (CTD…)
4
© Zenith International Ltd 2013
60 61 62 63 64 65
66 67 68 69 70 71 72 73 74
75 76 77 78 79 80 81 82 83
zenithinternational specialist consultants to the food and drink industries worldwide
1: Executive summary
5
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Executive summary GCC dairy market Economic overview: Commentary
Dairy industry: Commentary
Outlook: Commentary
Leading manufacturers: Commentary
6
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
2: Introduction
7
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Introduction Research note In undertaking its research for this report, Zenith has utilised its internal data library and global databases, alongside other third party sources. Throughout its ongoing research, Zenith also depends upon the goodwill and co-operation of operators active in the marketplace, and, as such, seeks to achieve a high level of accuracy. Report content: This report includes a view of the following dairy products, both fresh and long life as well as liquid and nonliquid, in the GCC countries – KSA, UAE, Kuwait, Qatar, Oman and Bahrain: Fresh white milk – unflavoured UHT white milk – unflavoured Flavoured milk Laban Yoghurt Liquid cream Ice cream Butter Cheese The report also gives the volume shares of leading producers in these markets under each dairy category. Liability: Whilst every effort has been made to ensure that the information presented in this document is accurate and that the opinions expressed are sound, Zenith International Ltd cannot be made liable for any errors or omissions or for any losses or consequential losses resulting from decisions based on its contents. 8
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Introduction GCC Countries
9
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Introduction Economic overview – Saudi Arabia (KSA)
Commentary Commentary Commentary Commentary Commentary
Economic Indicator
2012 est.
GDP (purchasing power parity) GDP growth rate GDP per capita (PPP) GDP - composition, by sector of origin
Industrial production growth rate Labour force Labour force by occupation
Unemployment rate Inflation rate Exports Exports commodities Export partners Imports Imports commodities
Imports partners
Source: CIA - The World Factbook 10
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Introduction Economic overview – UAE
Commentary Commentary Commentary Commentary Commentary
Economic Indicator
2012 est.
GDP (purchasing power parity) GDP growth rate GDP per capita (PPP) GDP - composition, by sector of origin
Industrial production growth rate Labour force Labour force by occupation
Unemployment rate Inflation rate Exports Exports commodities Export partners Imports Imports commodities
Imports partners
Source: CIA - The World Factbook 11
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Introduction Economic overview – Kuwait
Commentary Commentary Commentary Commentary Commentary
Economic Indicator
2012 est.
GDP (purchasing power parity) GDP growth rate GDP per capita (PPP) GDP - composition, by sector of origin
Industrial production growth rate Labour force Labour force by occupation
Unemployment rate Inflation rate Exports Exports commodities Export partners Imports Imports commodities
Imports partners
Source: CIA - The World Factbook 12
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Introduction Economic overview – Oman
Commentary Commentary Commentary Commentary Commentary
Economic Indicator
2012 est.
GDP (purchasing power parity) GDP growth rate GDP per capita (PPP) GDP - composition, by sector of origin
Industrial production growth rate Labour force Labour force by occupation
Unemployment rate Inflation rate Exports Exports commodities Export partners Imports Imports commodities
Imports partners
Source: CIA - The World Factbook 13
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Introduction Economic overview – Qatar
Commentary Commentary Commentary Commentary Commentary
Economic Indicator
2012 est.
GDP (purchasing power parity) GDP growth rate GDP per capita (PPP) GDP - composition, by sector of origin
Industrial production growth rate Labour force Labour force by occupation
Unemployment rate Inflation rate Exports Exports commodities Export partners Imports Imports commodities
Imports partners
Source: CIA - The World Factbook 14
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Introduction Economic overview – Bahrain
Commentary Commentary Commentary Commentary Commentary
Economic Indicator
2012 est.
GDP (purchasing power parity) GDP growth rate GDP per capita (PPP) GDP - composition, by sector of origin
Industrial production growth rate Labour force Labour force by occupation
Unemployment rate Inflation rate Exports Exports commodities Export partners Imports Imports commodities
Imports partners
Source: CIA - The World Factbook 15
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
3: GCC Dairy Market
16
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
GCC dairy market Market volume 2007-12 (Volume, growth %, category share %)
17
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
GCC dairy market Market volume by country 2007-12 GCC - consumption volume ('000 tonnes) Country
2007
2008
2009
2010
2011
2012
CAGR % 07-12
KSA
UAE
Kuwait
Oman
Qatar
Bahrain
TOTAL Consumption TOTAL Volume Growth %
18
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
GCC dairy market Market volume by country 2007-12 (ctd…)
19
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
GCC dairy market Market volume by category 2007-12 GCC Volume ('000 tonnes)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Flavoured Milk
Butter
TOTAL GCC Consumption TOTAL Volume Growth % 20
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
GCC dairy market Market volume by category 2007-12 (ctd…)
21
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
GCC dairy market Per capita consumption by country 2007-12 GCC PCC (kgs)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
KSA
UAE
Oman
Kuwait
Qatar
Bahrain
Average PCC
22
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
GCC dairy market Per capita consumption by category 2007-12 GCC PCC (kgs)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Flavoured Milk
Butter
TOTAL PCC TOTAL PCC Growth % 23
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
GCC dairy market Market value 2007-12 (Value, growth %, category share %)
24
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
GCC dairy market Market value by country 2007-12 GCC - consumption value (US$ mln) Country
2007
2008
2009
2010
2011
2012
CAGR % 07-12
KSA
UAE
Kuwait
Oman
Qatar
Bahrain
TOTAL Consumption Value Total Value Growth %
Commentary Commentary Commentary
25
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
GCC dairy market Market value by category 2007-12 GCC Value (US$ mln)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Flavoured Milk
Butter
TOTAL GCC Consumption Value TOTAL Value Growth % 26
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
GCC dairy market Market value by category 2007-12 (ctd…)
27
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
GCC dairy market Per capita expenditure by country 2007-12 GCC PCE (US$)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
KSA
UAE
Oman
Kuwait
Qatar
Bahrain
Average PCE
28
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
GCC dairy market Per capita expenditure by category 2007-12 GCC PCE (US$)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Flavoured Milk
Butter
TOTAL PCE TOTAL PCE Growth % 29
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
4: Country focus: KSA
30
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
KSA dairy market Market volume 2007-12 and outlook (Volume, growth %, category share %)
31
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
KSA dairy market Market volume by category 2007-12 Volume (tonnes)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL Consumption TOTAL Volume Growth % 32
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
KSA dairy market Per capita consumption by category 2007-12 PCC (kgs)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL PCC TOTAL PCC Growth % 33
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
KSA dairy market Market value 2007-12 (Value, growth %, category share %)
34
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
KSA dairy market Market value by category 2007-12 Value (US$ mln)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL Consumption Value TOTAL Value Growth % 35
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
KSA dairy market Per capita expenditure by category 2007-12 PCE (US$)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL PCE TOTAL PCE Growth % 36
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
KSA dairy market Manufacturer volume share by category 2012 Fresh white milk – unflavoured
Laban
Yoghurt
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
Manuf 1
Manuf 1
Manuf 1
Manuf 2
Manuf 2
Manuf 2
Manuf 3
Manuf 3
Manuf 3
Manuf 4
Manuf 4
Manuf 4
Others
Others
Others
UHT white milk – unflavoured
Flavoured milk
Cream
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
37
© Zenith International Ltd 2013
Manuf 1
Manuf 1
Manuf 1
Manuf 2
Manuf 2
Manuf 2
Manuf 3
Manuf 3
Manuf 3
Manuf 4
Manuf 4
Manuf 4
Others
Others
Others
zenithinternational specialist consultants to the food and drink industries worldwide
KSA dairy market Manufacturer volume share by category 2012 (ctd…) Ice cream
Butter
Cheese
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
38
Manuf 1
Manuf 1
Manuf 1
Manuf 2
Manuf 2
Manuf 2
Manuf 3
Manuf 3
Manuf 3
Manuf 4
Manuf 4
Manuf 4
Others
Others
Others
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
5: Country focus: UAE
39
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
UAE dairy market Market volume 2007-12 and outlook (Volume, growth %, category share %)
40
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
UAE dairy market Market volume by category 2007-12 Volume (tonnes)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL Consumption TOTAL Volume Growth % 41
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
UAE dairy market Per capita consumption by category 2007-12 PCC (kgs)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL PCC TOTAL PCC Growth % 42
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
UAE dairy market Market value 2007-12 (Value, growth %, category share %)
43
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
UAE dairy market Market value by category 2007-12 Value (US$ mln)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL Consumption Value TOTAL Value Growth % 44
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
UAE dairy market Per capita expenditure by category 2007-12 PCE (US$)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL PCE TOTAL PCE Growth % 45
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
UAE dairy market Manufacturer volume share by category 2012 Fresh white milk – unflavoured
Laban
Yoghurt
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
Manuf 1
Manuf 1
Manuf 1
Manuf 2
Manuf 2
Manuf 2
Manuf 3
Manuf 3
Manuf 3
Manuf 4
Manuf 4
Manuf 4
Others
Others
Others
UHT white milk – unflavoured
Flavoured milk
Cream
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
46
© Zenith International Ltd 2013
Manuf 1
Manuf 1
Manuf 1
Manuf 2
Manuf 2
Manuf 2
Manuf 3
Manuf 3
Manuf 3
Manuf 4
Manuf 4
Manuf 4
Others
Others
Others
zenithinternational specialist consultants to the food and drink industries worldwide
UAE dairy market Manufacturer volume share by category 2012 (ctd…) Ice cream
Butter
Cheese
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
47
Manuf 1
Manuf 1
Manuf 1
Manuf 2
Manuf 2
Manuf 2
Manuf 3
Manuf 3
Manuf 3
Manuf 4
Manuf 4
Manuf 4
Others
Others
Others
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
6: Country focus: Kuwait
48
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Kuwait dairy market Market volume 2007-12 and outlook (Volume, growth %, category share %)
49
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Kuwait dairy market Market volume by category 2007-12 Volume (tonnes)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL Consumption TOTAL Volume Growth % 50
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Kuwait dairy market Per capita consumption by category 2007-12 PCC (kgs)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL PCC TOTAL PCC Growth % 51
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Kuwait dairy market Market value 2007-12 (Value, growth %, category share %)
52
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Kuwait dairy market Market value by category 2007-12 Value (US$ mln)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL Consumption Value TOTAL Value Growth % 53
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Kuwait dairy market Per capita expenditure by category 2007-12 PCE (US$)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL PCE TOTAL PCE Growth % 54
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Kuwait dairy market Manufacturer volume share by category 2012 Fresh white milk – unflavoured
Laban
Yoghurt
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
Manuf 1
Manuf 1
Manuf 1
Manuf 2
Manuf 2
Manuf 2
Manuf 3
Manuf 3
Manuf 3
Manuf 4
Manuf 4
Manuf 4
Others
Others
Others
UHT white milk – unflavoured
Flavoured milk
Cream
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
55
© Zenith International Ltd 2013
Manuf 1
Manuf 1
Manuf 1
Manuf 2
Manuf 2
Manuf 2
Manuf 3
Manuf 3
Manuf 3
Manuf 4
Manuf 4
Manuf 4
Others
Others
Others
zenithinternational specialist consultants to the food and drink industries worldwide
Kuwait dairy market Manufacturer volume share by category 2012 (ctd…) Ice cream
Butter
Cheese
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
56
Manuf 1
Manuf 1
Manuf 1
Manuf 2
Manuf 2
Manuf 2
Manuf 3
Manuf 3
Manuf 3
Manuf 4
Manuf 4
Manuf 4
Others
Others
Others
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
7: Country focus: Oman
57
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Oman dairy market Market volume 2007-12 and outlook (Volume, growth %, category share %)
58
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Oman dairy market Market volume by category 2007-12 Volume (tonnes)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL Consumption TOTAL Volume Growth % 59
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Oman dairy market Per capita consumption by category 2007-12 PCC (kgs)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL PCC TOTAL PCC Growth % 60
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Oman dairy market Market value 2007-12 (Value, growth %, category share %)
61
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Oman dairy market Market value by category 2007-12 Value (US$ mln)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL Consumption Value TOTAL Value Growth % 62
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Oman dairy market Per capita expenditure by category 2007-12 PCE (US$)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL PCE TOTAL PCE Growth % 63
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Oman dairy market Manufacturer volume share by category 2012 Fresh white milk – unflavoured
Laban
Yoghurt
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
Manuf 1
Manuf 1
Manuf 1
Manuf 2
Manuf 2
Manuf 2
Manuf 3
Manuf 3
Manuf 3
Manuf 4
Manuf 4
Manuf 4
Others
Others
Others
UHT white milk – unflavoured
Flavoured milk
Cream
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
64
© Zenith International Ltd 2013
Manuf 1
Manuf 1
Manuf 1
Manuf 2
Manuf 2
Manuf 2
Manuf 3
Manuf 3
Manuf 3
Manuf 4
Manuf 4
Manuf 4
Others
Others
Others
zenithinternational specialist consultants to the food and drink industries worldwide
Oman dairy market Manufacturer volume share by category 2012 (ctd…) Ice cream
Butter
Cheese
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
65
Manuf 1
Manuf 1
Manuf 1
Manuf 2
Manuf 2
Manuf 2
Manuf 3
Manuf 3
Manuf 3
Manuf 4
Manuf 4
Manuf 4
Others
Others
Others
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
8: Country focus: Qatar
66
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Qatar dairy market Market volume 2007-12 and outlook (Volume, growth %, category share %)
67
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Qatar dairy market Market volume by category 2007-12 Volume (tonnes)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL Consumption TOTAL Volume Growth % 68
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Qatar dairy market Per capita consumption by category 2007-12 PCC (kgs)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL PCC TOTAL PCC Growth % 69
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Qatar dairy market Market value 2007-12 (Value, growth %, category share %)
70
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Qatar dairy market Market value by category 2007-12 Value (US$ mln)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL Consumption Value TOTAL Value Growth % 71
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Qatar dairy market Per capita expenditure by category 2007-12 PCE (US$)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL PCE TOTAL PCE Growth % 72
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Qatar dairy market Manufacturer volume share by category 2012 Fresh white milk – unflavoured
Laban
Yoghurt
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
Manuf 1
Manuf 1
Manuf 1
Manuf 2
Manuf 2
Manuf 2
Manuf 3
Manuf 3
Manuf 3
Manuf 4
Manuf 4
Manuf 4
Others
Others
Others
UHT white milk – unflavoured
Flavoured milk
Cream
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
73
© Zenith International Ltd 2013
Manuf 1
Manuf 1
Manuf 1
Manuf 2
Manuf 2
Manuf 2
Manuf 3
Manuf 3
Manuf 3
Manuf 4
Manuf 4
Manuf 4
Others
Others
Others
zenithinternational specialist consultants to the food and drink industries worldwide
Qatar dairy market Manufacturer volume share by category 2012 (ctd…) Ice cream
Butter
Cheese
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
74
Manuf 1
Manuf 1
Manuf 1
Manuf 2
Manuf 2
Manuf 2
Manuf 3
Manuf 3
Manuf 3
Manuf 4
Manuf 4
Manuf 4
Others
Others
Others
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
9: Country focus: Bahrain
75
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Bahrain dairy market Market volume 2007-12 and outlook (Volume, growth %, category share %)
76
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Bahrain dairy market Market volume by category 2007-12 Volume (tonnes)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL Consumption TOTAL Volume Growth % 77
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Bahrain dairy market Per capita consumption by category 2007-12 PCC (kgs)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL PCC TOTAL PCC Growth % 78
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Bahrain dairy market Market value 2007-12 (Value, growth %, category share %)
79
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Bahrain dairy market Market value by category 2007-12 Value (US$ mln)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL Consumption Value TOTAL Value Growth % 80
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Bahrain dairy market Per capita expenditure by category 2007-12 PCE (US$)
2007
2008
2009
2010
2011
2012
CAGR % 07-12
Fresh White Milk - Unflavoured
Laban
Yoghurt
Cheese
UHT White Milk - Unflavoured
Ice Cream
Cream
Butter
Flavoured Milk
TOTAL PCE TOTAL PCE Growth % 81
Š Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
Bahrain dairy market Manufacturer volume share by category 2012 Fresh white milk – unflavoured
Laban
Yoghurt
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
Manuf 1
Manuf 1
Manuf 1
Manuf 2
Manuf 2
Manuf 2
Manuf 3
Manuf 3
Manuf 3
Manuf 4
Manuf 4
Manuf 4
Others
Others
Others
UHT white milk – unflavoured
Flavoured milk
Cream
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
82
© Zenith International Ltd 2013
Manuf 1
Manuf 1
Manuf 1
Manuf 2
Manuf 2
Manuf 2
Manuf 3
Manuf 3
Manuf 3
Manuf 4
Manuf 4
Manuf 4
Others
Others
Others
zenithinternational specialist consultants to the food and drink industries worldwide
Bahrain dairy market Manufacturer volume share by category 2012 (ctd…) Ice cream
Butter
Cheese
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
(market volume = xxx,xxx tonnes)
83
Manuf 1
Manuf 1
Manuf 1
Manuf 2
Manuf 2
Manuf 2
Manuf 3
Manuf 3
Manuf 3
Manuf 4
Manuf 4
Manuf 4
Others
Others
Others
Commentary Commentary Commentary Commentary Commentary
© Zenith International Ltd 2013
zenithinternational specialist consultants to the food and drink industries worldwide
zenithinternational specialist consultants to the food and drink industries worldwide
We hope you found this report insightful. Please help us improve our reports further by providing your feedback here. For a tailor made study specific to your requirements, please telephone Harikrishnan H. Pillai on +44 (0)1225 327900 or email hpillai@zenithinternational.com Our consulting activities are wide ranging. These include tailor made market studies, strategic advice, acquisitions and due diligence, business plans and cost modelling through to plant construction and operational efficiency, environmental audits and groundwater development. To discuss any of Zenith’s services, please telephone our head office on +44 (0)1225 327900 or visit www.zenithinternational.com Zenith tracks developments across dairy markets worldwide. For more information on the contents of this report or to enquire about further information on Zenith’s products and services within this segment, please contact:
Harikrishnan H. Pillai Regional Research Coordinator – Middle East hpillai@zenithinternational.com Or telephone Zenith International head office on 0044 (0)1225 327900. www.zenithinternational.com STRATEGY & MANAGEMENT MERGERS & ACQUISITIONS COMMERCIAL & MARKET OPERATIONS & TECHNICAL WATER & GEOTHERMAL ENVIRONMENT & CARBON PACKAGING & DISTRIBUTION