The global pet care market is foretold to improve in the forthcoming years as matched to the preceding years and will showcase better sales in various market segments. It is estimated that the global pet care market will grow at a CAGR o…
BMI View: Pakistan's food and drink sector remains the least attractive consumer market in the Asia
Pacific region, ranking last in our latest Risk Reward Index. Consumer spending will be restricted primarily
by the large rural population and low disposable incomes. Limited investment in the formal food retailing
sector will further dampen growth in high-value food products, with the market currently driven by
Key Views & Developments
? Food consumption will be driven by a large consumer base as well as high private consumption, at 83.5%
as a percentage of GDP in 2016.
? The country's water shortage will drive bottled water sales, with high growth rates in 2015 due to a severe
? Foreign investment in the MGR sector will remain limited due to ongoing security instability.