Alpen Capital today announced the publication of its GCC Food Industry Report which focuses on production, import and consumption volumes of key food segments and their growth potential. It analyses the growth drivers, trends and future prospects for the sector, shedding light on the challenges that could impact the sector's profitability and growth in the future.
Alpen Capital´s latest report on the GCC Food Industry estimates that the per capita food consumption in the region will expand at a CAGR of 3.1% over 2012-17, reaching 49.1 million metric tonnes by the end of 2017. This increase is attributed to the rapidly growing population in the GCC, increase in foreign tourists as well as the rising income levels of the region.
For more details please click here to access the complete version of the GCC Food Industry Report May 2013.