New Report 'Pakistan Food & Drink Report Q1 2008' Forecasts Canned Food Sales Growth...

New Report 'Pakistan Food & Drink Report Q1 2008' Forecasts Canned Food Sales Growth to 2012 Now Stands at 46.7%, While Soft Drinks Sales Growth to 2012 Is Forecast to Stand at 36.4%

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/reports/c88297) has announced the
addition of Pakistan Food & Drink Report Q1 2008 to their offering.

The Pakistan Food & Drink Report provides independent forecasts
and competitive intelligence on Pakistan's food and drink industry.

The release of third-quarter and nine-month financial results has
continued to highlight the strong growth opportunities available to
consumer goods manufacturers in the fledgling but vast market of
Pakistan.

Likewise, the performance of leading food and beverage companies,
coupled with Pakistan's sustained economic growth, has continued to
influence our industry growth forecasts in our newly-published
Pakistan Food & Drink Report Q108. However, for all these positive
signs, there are a number of major negatives - market and country
risks and inherent consumer price sensitivity among them.

Pakistan's largest consumer goods company, Unilever Pakistan,
posted its third-quarter and nine-month financial results in November
2007. For Q307 sales were up 7% year-on-year (y-o-y), while
profit-aftertax had climbed by 20%. Meanwhile nine month sales growth
stood at 10%, while profit-after-tax climbed by 5%. Such results -
although shy of Unilever's 20% annual growth target - provide much
cause for positivity. Results posted by Nestle Pakistan support this
positive view. For the first nine months of 2007 the company's sales
jumped by an enormous 28% y-o-y to reach US$342.3mn. Sustained
internal and foreign direct investment (FDI) into the food and
beverage sector, supported by our average annual GDP growth forecast
of 6.7% to 2012, a youthful population and steady urbanisation have
prompted us to revise a number of its industry growth forecasts
upwards this quarter.

The outlook for the canned food industry - which can exploit
rising demand for convenience and consumer fears over food origin and
hygiene - and the soft drinks industry - which can capitalise on the
aspirational demands of Pakistan's young population - have both been
moderately accelerated. Forecast canned food sales growth to 2012 now
stands at 46.7%, while soft drinks sales growth to 2012 is forecast to
stand at 36.4%. Both have contributed to a per capita food consumption
growth forecast amendment to 15.4%.

The downside of all these attractive growth signs is quite simply
that they are not yet attractive enough to offset the risks of
investing in Pakistan. The country falls at the very bottom of our new
Food and Drink Business Environment Ratings, due to both its limits
and its associated risks. In limits terms, food and beverage spending
levels remain low due to acute price sensitivity among certain
consumer groups, particularly those in rural areas. Even though
spending levels are forecast to increase, in relative terms this
growth will be moderate thanks to the booming economic growth being
experienced by many of Pakistan's neighbours. The country's risks
outlook is even more problematic than its limits outlook. Such a vast
and underdeveloped market poses huge infrastructural challenges, while
income inequalities and perceived bureaucracy and corruption remain
problems on the economic and political side. Ultimately, as the report
details, Pakistan looks set to remain an attractive market, but only
for those with the scale and patience to ride out the still
considerable market entry risks.

Content Outline:

Executive Summary

Business Environment

Regional Food and Drink Business Environment Ratings

Table: Asia Pacific Food & Drink Business Environment Ratings -
Q108

Pakistan's Food and Drink Business Environment Rating

SWOT Analysis

Mass Grocery Retail

Pakistan Mass Grocery Retail Industry SWOT

Food and Drink

Pakistan Food And Drink Industry SWOT

Macroeconomic Outlook

Table: GDP And Population

Retail

Regional Overview: Declining Role Of Independent Retail In Asia
Pacific

Table: MGR Versus Independent/Traditional Retailers In Selected
Asia Pacific Markets, 2006 (store numbers)

Table: MGR versus Independent/Traditional Retailers In Selected
Asia Pacific Markets, 2006 (sales, US$mn)

Industry Forecast Scenario

Table: Pakistan MGR Value Sales by Format - Historical Data &
Forecasts

Table: Grocery Retail Sales by Format - Historical Data &
Forecasts

Industry Developments

Market Overview

Table: Structure Of Pakistan Mass Grocery Retail Market By
Estimated Number Of Outlets

Table: Structure Of Pakistan's Mass Grocery Retail Market, Sales
By Format (US$mn)

Table: Average Annual Outlet Sales By Format, 2006 Estimate
(US$mn)

Sales/Store Number Breakdown By Retail Format Type

Food And Drink

Regional Overview: Confectionery in the Asia Pacific region

Table: Leading Global Chocolate Manufacturers

Table: Leading Confectionery Companies in the Asia Pacific Region

Industry Forecast Scenario

Food

Table: Pakistan Food Consumption, Category Sales & Industry Trade
Indicators - Historical Data & Forecasts

Drink

Table: Pakistan Beverage Sub-Sector Value Sales - Historical Data
& Forecasts

Industry Developments

Food

Drink

Agriculture

Market Overview

Agriculture

Table: Pakistan Agricultural Sub-Sector Production ('000 tonnes)

Table: Pakistan Organic Agricultural Data

Table: Pakistan Dairy Industry Data (mn litres, unless stated)

Table: Pakistan Milk Consumption by Format - 2006 est

Food

Drink

Tobacco

Industry Forecast Scenario

Table: Cigarette Value/Volume Sales - Historical Data & Forecasts

Industry Developments

Market Overview

Competitive Landscape

Key Players

Mass Grocery Retail

Table: Key Players Pakistan Mass Grocery Retail Sector - 2006
Annual Sales Estimates

Food and Drink

Table: Key Players: Pakistan Food & Drink Sector - 2006 Sales

Regional Company Case Studies

Food: Unilever In The Asia Pacific Region

Table: Per Capita Food Consumption in Selected Asia Pacific
Markets

Drink: San Miguel Corporation In The Asia Pacific Region

Table: San Miguel Corporation In The Asia Pacific Region

Table: San Miguel Corporation Revenue And Earnings Growth By
Operating Division, Q107 (%)

Table: San Miguel Corporation - Sales By Market (US$mn)

Table: San Miguel Corporation - Key Historical Data

Mass Grocery Retail: Metro In The Asia Pacific Region

Table: Metro Group - Five-Year Financial Results

Company Analysis

Mass Grocery Retail

Utility Stores Corporation (USC)

Food

Hilal Confectionery

Nestle Pakistan

Unilever Pakistan

Drink

Tapal Tea

Food & Drink Ratings Appendix

Introduction: Revised Methodology

Ratings Overview

Ratings System

Indicators

Limits of Potential Returns

Risks to Realisation of Potential Returns

Weighting

Weighting

Our Forecast Modelling

How we generate our industry forecasts

Retail Industry

Sources

Companies Mentioned:

- Hilal Confectionery

- Metro Group

- Nestle Pakistan

- Tapal Tea

- Unilever Pakistan

- Utility Stores Corporation (USC)

For more information visit
http://www.researchandmarkets.com/reports/c88297.

Research and Markets
Laura Wood, Senior Manager
Fax: +353 1 4100 980
press@researchandmarkets.com

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