Having gained 15.7%CY15TD as compared to 18.9% return in CY14, the Fertilizer sector has clearly attracted investor attention in 2015. This is partly a function of an encouraging start to the year with cumulative fertilizer offtake of the country improving by 6%YoY to 765,800 tons during January 2015 as opposed to 724,200 tons during January 2014. In this regard, total urea offtake in January 2015 stood at 628,800 tons …
Read More »Balochistan: an ultimate land for shrimp farming, growth prospect
Shrimp is considered as the No.1 favorite seafood in many Western countries including USA. The demand for quality shrimp worldwide is growing each year. Depletion of natural shrimp stocks in the wild is occurring rapidly. Shrimp farming in the world has grown into a multi billion-dollar giant, creating hundreds of thousands of jobs and much-needed foreign exchange in many countries. Owing to the technological advancement and new techniques as …
Read More »Global food chains dominating Pakistan’s fast food industry
Fast food industry in Pakistan is likely to take an escalated boom this year The fast food industry in Pakistan is undergoing an escalated boom. Despite fierce economic competition, country’s this industry has managed to generate strong profits and is well-received by the local masses as well. Recent statistics have revealed that fast food industry is the second largest in Pakistan. Not only that, but this sector also accounts …
Read More »The nonstop food insecurity and hunger problems
A newly-formed commission set to undertake key mandates for long-term solution Despite being world’s eighth largest food producing country, Pakistan’s 50 percent of population is remained food insecure. Due to this, Pakistan is really facing a problem of hunger. Food insecurity is at present in many parts of the country and affecting almost of half of the population. This is evidenced from the fact that several children are digging …
Read More »Focusing on halal food
Focusing on production of Halal Products does not pose any problem because of a huge domestic market of nearly 200 million people. The country is a member of the Organization of Islamic Cooperation (OIC) and Islamic Federation; it is the world’s fourth largest Rice producer; fifth largest Dairy producer; fourth largest Wheat producer and fifth largest supplier of Cattle. There are approximately 50 Halal certified companies exporting their produce …
Read More »Emerging fast food industry in Pakistan
While the gross domestic product of the country is showing signs of slower economic growth, the fast food industry seems to be experiencing higher amounts of growth. Industry estimates suggest it to be a $1 billion per year market suggesting that international and domestic cuisines and restaurants seem to be doing quite well. The fast food industry in the country is constantly seeing new restaurants opening up on a …
Read More »Healthy and tasty foods take much attraction of consumers
Food production is mainly focused for immediate consumption, packaging or both. After purchase, meals may be consumed on-site, taken out or delivered. The fast pace of modern life increases the demand for quick-service restaurants. Nevertheless, people are more aware of what they consume and the effect it may potentially have on their health. This awareness creates a great demand for alternative quick-service foods. The push for healthier fast food …
Read More »Foreign fast food chains face mixed competition to achieve economies of scale; investment environment conducive in Pakistan
Interview with Mr. Rafiq Rangoonwala – President, Pakistan Food Association Profile: Mr Rafiq Rangoonwala is with the quick service restaurants (QSR) industry since 1980 and has managed several brands like KFC, Hardees, Pizza Hut, Burger King, TGI Fridays, Pizza Express etc. in several countries. Presently, he is the President of Pakistan Food Association as well. Burger King was introduced in Pakistan in 2014 and started its operations in Karachi …
Read More »Focus on second and third tier cities will be a more feat for foreign food chains; added govt help still needed
Interview with Mr. Naim Anwar — President & CEO, Crescent Star Foods Ltd Profile: Mr. Naim Anwar is the President and CEO of Crescent Star Foods Limited, which owns Master Franchise of Texas-based American fast food chain Golden Chick and also Sindh and Balochistan rights of UAE-based chain Bombay Chowpatty. Golden Chick has a large variety of products with Fried, Roasted and Grilled Chicken and it’s Golden Tenders enjoy …
Read More »Fast Food consumption gaining popularity
Fast food is getting much more popularity worldwide in attracting people from all walks of life and it especially be a major focus for teenagers now. It has made life comfortable as one can easily visit any favorites or nearest fast food restaurants to have hassle free food. The fast food industry generates about $165 billion in revenue annually, based on 2011 market research by IBISWorld. The research also …
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