Today: May 27, 2016, 10:24 am
  
Finance

New C&M analysis: Consumer Foodservice (United Arab Emirates) Cravia UAE Company Profile

companiesandmarkets.com
companiesandmarkets.com
Cravia UAE in Consumer Foodservice (United Arab Emirates) - a new company profile report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-18 18:46:02
UAE-based Cravia, the franchisee behind US brands Cinnabon and Seattle´s Best Coffee, has announced expansion plans that will see it hire 200 new staff in 2012. The food and drinks retailer plans to open 15 new outlets across the UAE in a bid to bolster its share of the Gulf state´s booming ´fast-casual´ sector. Consumer foodservice saw a strong performance during the review period in the United Arab Emirates. Despite an economic downturn in 2009, growth was linked to a strong economic performance for the country as a whole, which resulted in rising incomes for many consumers. Moreover, the country´s population increased rapidly over the 2007-2012 period, whilst tourist arrivals also saw significant growth, creating stronger demand for consumer foodservice.

Fast food and cafés/bars in particular experienced rapid growth in 2012, as these channels managed to best take advantage of consumers in the country seeking quick and convenient meal solutions, as well as increasingly socialising with friends over coffee or a drink in the evening. Chained players also invested heavily in further outlet expansion in these channels. In addition, home delivery became more popular towards the end of the review period, with a number of players using this option in order to increase sales.

The leading players in 2012 included domestic franchisees representing international brands, such as Kuwait Food Co (Americana) with KFC and Pizza Hut, and Emirates Fast Food Co with McDonald´s. These brands tend to appeal to a wide range of consumers in the United Arab Emirates, which is characterised by a highly diverse population. Domestic franchisees, meanwhile, provide the business connections required to expand the outlet networks in the country´s prime locations.

Click for report details: www.companiesandmarkets.com/Market/Food-and-Drink/Company-Profil ..

Browse all Food and Drink Company Profile Reports www.companiesandmarkets.com/Market/Food-and-Drink/Company-Profil ..

Browse all Food and Drink Company Profile Reports www.companiesandmarkets.com/Market/Food-and-Drink/Company-Profil ..

Browse all Latest Company Profile Reports www.companiesandmarkets.com/Market/All/Company-Profile?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com



# 491 Words
Related Articles
 
More From Finance
New Frontier Portfolios Top Morningstar Rankings
Boston, April 14, 2016—New Frontier’s global strategic portfolios topped the Global Balanced Strategic category of the latest [..]
Finding an Excellent Tax Lawyer with the [..]
Sound Advice about Finding an Excellent Attorney When an individual requires legal representation, whether for an IRS tax debt [..]
First Gothenburg Bancshares to acquire Nebanco, Inc.
Denver, CO: March 24, 2016 – First Gothenburg Bancshares, Inc., the holding company for First State Bank, Gothenburg, Nebraska [..]
With Bad Credit It Is Still Possible [..]
What to Expect When Seeking a Bad Credit Home Loan Refinance Okay, so not everyone has great – or even [..]
Credit-Yogi Professionals Describe How to Get Out [..]
Who doesn’t want to save money while getting rid of debt? Most folks would jump at the chance to do [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.