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Increasing trend of investing in gold is expected to lead to higher demand for the yellow metal in the Middle East this year. According to Anan Fakhreddin, managing director of the World Gold Council, Middle East and Turkey, Middle East is likely to witness better gold sales in 2010 than 2009, backed by rising demand and stabilizing markets, as per the news published by Khaleej Times on January 8, 2010. Due to higher disposable incomes, ... Read more |
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Revival of Consumer Expenditure Boosts Indian Fast Food Industry 13 Jan, 2010
The Indian fast food industry is likely to see opening of 70-100 new outlets in 2009 on the back of changing lifestyle of Indian consumers and rising disposable income. With the revival of consumer spending, the Indian fast food industry (values Rs 3,000 Crore) is expected to see addition of ...Read more
Indian Wine Industry in High Spirits in FY 2010 28 Dec, 2009
Owing to steady economic rebound, the Indian wine industry, earlier hit by economic turmoil and Mumbai terror attacks, is all set to post a strong comeback this season. The Indian wine industry, ...Read more
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The per capita consumption of wine in the country was estimated at around 9 Milliliters in 2008, indicating huge potential for growth in the coming years.
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Fast food is an important segment of the restaurant industry and growth of this segment is outpacing the growth of overall restaurant industry.
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The alcoholic drinks segment, which is expected to reach 3 Billion Liter mark by 2012 from around 1.95 Billion Liters in 2008, has been outperforming other segments in terms of sales growth.
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The Indian non-alcoholic drinks market was estimated at around Rs. 216 Billion in 2008 and is forecasted to grow at a CAGR of around 15% during 2009-2012.
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US is all set to become the largest wine consumer globally. Wine sales will be worth US$ 44 Billion by 2012. The wine consumption in US is forecasted to grow at a CAGR of over 3% during 2009-2012.
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Vietnam is becoming a hub for food products processing as the industry has been growing at an annual rate of 20-30%.
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The demand for processed food will continue to rise and companies will tend to invest more in future in order to tap the unexplored market potential.
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The report provides an in-depth study evaluating the past, current and future market trends in the food and beverage industry of Chile.
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The research provides detailed overview of the consumption patterns of the Philippines in various food segments like consumption of milk, fruits, vegetables, meat etc.
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