Month: October 2016

 

global

News

Country: Global

Industry:  Pets

Title: The global pet food market is estimated to be valued at US$ 86.3 billion by 2020

Summary:

  • The fastest growing segment in the food sector is the pet food industry which is driven by increasing number of people adopting pets and consumer attitudinal change towards pets with interest on their nutrition and health.
  • The global pet food market with a growing CAGR of 4.5% is estimated to be valued at $ 86.3 billion by 2020.
  • The pet food industry accounts only 12% towards value based foods with rest accounted for general consumption.
  • The Pet food market Asia posted a growth of 3.2% in 2013
  • The retail sales for pet supplements and nutraceutical treats recorded $1.3 billion in US.

Source: Mordor Intelligence

Link: https://www.mordorintelligence.com/industry-reports/global-pet-food-nutraceutical-market-industry?gclid=CK677J6W-s8CFQqJaQodJtIKuw

Language: English

 

 

 

United_Arab_Emirates2

News

Country: United Arab Emirates

City: Dubai

Industry: Economy

Title: Dubai FDI worth US$4.82 billion in the first half of 2016

Summary:

  • Dubai has already attracted new FDI worth US$4.82 billion in the first half of 2016.
  • Last year, Dubai attracted US$7.80 billion in FDI and the emirate ranked sixth globally in terms of FDI attraction.
  • Dubai also stood fourth globally in the number of new investment projects.
  • Dubai launched the International Sustainable Investment Centre to promote investment that can have a positive impact on the economy, society and environment within and beyond Dubai.
  • The Forum brought together public and private sector leaders to trace Dubai’s new growth cycle during which it aims to be among the smartest and most sustainable cities in the world.
  • “The Forum sought to attract investors to Dubai and connect them to neighbouring markets, spread over the Middle East, Africa and South Asia. Generating new opportunities through co-ordination between various sectors, public-private sector partnerships, influencing future strategies and enabling investors to take advantage of the unprecedented opportunities and demand in varied sectors such as energy, construction, real estate, healthcare and education in the region was the focus of the sessions at the Forum,” added Al Gergawi CEO of Dubai FDI.

Source: Khaleej Times Newspaper

Link: http://www.khaleejtimes.com/business/economy/dubai-draws-fdi-worth-dh177-billion-in-h1-2016

Language: English

 

 

 

uruguay2

News

Country: Uruguay

Industry:  Agro-food

Title: Uruguay exports close to $10 billion in goods and services

Summary:

  • According to Uruguay’s Minister of Agriculture Tabaré Aguerre, 55% of Uruguay’s industrial output is made up of agro-industries, along with 47% of all industrial sector jobs.
  • “Uruguay tripled the value of its exports, not in volume, but rather in value. We are a country that exports close to $10 billion in goods and services, with 80% of those being goods. And inside of that 80%, 78% of the exports are agriculture or livestock or agro-industry,” Mr. Aguerre says.
  • Currently, Uruguay produces food for 28 million people and its goal is to produce food for 50 million people in 15 years.
  • The main importers of these Uruguayan goods are neighboring Brazil and Argentina, along with the U.S. and China.

Source: The World Folio

Link: http://www.theworldfolio.com/news/food-exports-grow-as-agroindustry-continues-to-drive-economy-forward/4212/

Language: English

 

 

 

 

Brazil2

News

Country: Brazil

Industry:  Technology

Title: The technology sector in Brazil will grow 8.8% this year

Summary:

  • The technology sector in Brazil should reach 8.8 percent growth this year and generate about $54,6 billion in investments
  • The growth in relation to 2015 should come mainly from projects related to areas such as Big Data and analytics, infrastructure and datacenters, as well as virtualization, according to the report by Pyramid Research commissioned by Cisco and intel.
  • Separate research from Frost & Sullivan predicts that the Brazilian cloud computing market should see a jump in market revenues from $328.8m in 2013 to $1.1bn in 2017.

Source: ZD Net

Link: http://www.zdnet.com/article/brazil-it-sector-to-grow-8-8-percent-in-2016/

Language:  English

 

 

 

Mexico2

News

Country: Mexico

Industry:  Automotive

Title: Japanese companies located in the Bajio Mexico have grown over five times

Summary:

  • The number of Japanese companies increased from 83 in 2011 to 452 at the end of 2015.
  • In the past five years, the number of Japanese companies installed in the Bajio Region (Guanajuato, Querétaro, Aguascalientes and San Luis Potosí ) has grown more than five times, reflecting the confidence of Japanese investors in the region, said the Japanese Ambassador to Mexico, Akira Yamada.
  • The Ambassador said that Mexico attracts the attention of investors due to its trade policy, including the Economic Partnership Agreement between Japan and Mexico, which has more than 10 years, in addition to free trade agreements with many worldwide nations.
  • He explained that although today Japanese investment in Mexico is concentrated in the automotive industry, there are opportunities to diversify their participation in the future, in sectors such as energy, pharmaceutical, technology, among others.

Source: El Financiero Newspaper

Link: http://www.elfinanciero.com.mx/bajio/se-quintuplican-las-empresas-japonesas-en-el-bajio.html

Language:  Spanish