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