MIRHAMI 2030 “Future Images of Food Consumption", Phase

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SECTION II: GLOBAL REPORT SUMMARY & ANALYSIS Mirhami 2030 Food Services and Drinking Places This industry comprises establishments primarily engaged in preparing meals, snacks and beverages, to customer order, for immediate consumption on and off the premises. This industry does not include food service activities that occur within establishments such as hotels, civic and social associations, amusement and recreation parks, and theatres. However, leased foodservice locations in facilities such as hotels, shopping malls, airports and department stores are included. (NAICS: 722) § $ 394,601 US Million – Food services and drinking places (NAICS Code 722) § $172,241 – Fullservice restaurants § $169,684 – Limitedservice eating places § $14,610 – Drinking places § * NAICS = North American Industry Classification System Prominent Food Companies § Monsanto is a leading producer of pesticide, seeds, and other farming products. § Both Archer Daniels Midland and Cargill process grain into animal feed and a diverse group of products. ADM also provides agricultural storage and transportation services, while Cargill operates a finance wing. § Bunge is a global soybean exporter and is also involved in food processing, grain trading, and fertilizer. § Dole Food Company is the world's largest fruit company. Chiquita Brands International, another US based fruit company, is the leading distributor of bananas in the United States. Sunkist Growers, Incorporated is a U.S. based grower’s cooperative. § Tyson Foods is the world’s largest processor and marketer of chicken and the largest beef exporter from the United States. Smithfield is the world's largest pork processor and hog producer. § Nestlé is the world's largest food and beverage company. The Altria Group owns 88.1% of Kraft Foods, the largest U.S. based food and Beverage Company. Unilever is an AngloDutch company that owns many of the world's consumer product brands in foods and beverages. § Sysco Corporation, mainly catering to North America and Canada, is one of the world's largest food distributors. A list of Americas top 20 retailers is provided in the Finpro Americas report (pages 2630), dated final January 30, 2007. Canadians are spending more on eating out From fast food joints to fine dining, the popularity of eating out has created a surge in food services. Canadians are both eating out more often and spending more of our income on restaurant meals. In 2003, Canadian households spent an average of $1,487 on food purchased from restaurants, a 27% increase from 1997 (data source: Statistics Canada). © Finpro & Finland Futures Research Centre 44
SECTION II: GLOBAL REPORT SUMMARY & ANALYSIS Mirhami 2030 In 2004, sales from food services— a wide range of businesses that includes restaurants, cafeterias, street vendors, caterers and drinking places— totaled nearly $37 billion. Despite increased sales, profit margins declined from 5.8% in 2001 to 3.3% in 2003. The reason for the shrinking profits was that expenses— mainly food and labour costs— was rising faster than revenues. The food services industry employs more than one million Canadians, and almost onehalf of them are aged 15 to 24. In fact, nearly one in five young workers is employed in food services. With the popularity of drivethrough, takeout and delivery services, the percentage of meals prepared in restaurants but eaten elsewhere increased to 61% of all food services meals in 2004, up from 53% in 1994. Some more facts and figures about food services: § On average, Canadian households visit a restaurant for a meal or snack 520 times a year. § More than 90,000 food services and drinking places operate in Canada— about one for every 350 Canadians. § Canadian households spend an average of 30% of their food budget on food services, compared with 42% for American households. § The average check size at a restaurant is $6.12, including taxes but excluding tips. § The most popular food and beverage at Canadian restaurants are French fries and coffee. 2.6.2 Russia The turnover of food processing has continuously increased during last few years. The value of investment for food industry is on the second place after oil and gas industry. Food companies have modernized their production and purchased modern technology. Due to this investment Russian food industry begins to be on equal level with the foreign industry. Net income of Russians have grown already nine years in row which fact has a good impact on consumer good market. In spite of growing own production need to import food products is large. However from 2005 to 2006 the growth of imports of foodstuffs decreased from 25,6 % to 23,9 %. 23 of Russian’s food companies are on top 300 biggest companies in the country. The biggest is WimmBillDann (dairy company). Brewing industry is mostly owned by foreign companies, the biggest of them is Baltika. 2.6.3 Germany The value of Germany’s domestic food and beverage industry was 106,1 billion Euro (+1,8 %) and exports 31,1 billion Euro (+9.2 %). The food sector is one of the most important industries in Germany. Its 5900 companies are engaged in intense competition as the high degree of maturation. The sector generates over 23 % of its turnover abroad. The share of meat products is 22,8 % of total food industry turnover, dairy 16 %, alcohol beverages 9,3 %, confectionery 8,4 % and bakery products 8,3 % in 2006. Food production and food imports grew strongly in 1990’s in Germany. 2.6.4 China Food industry output 2003 was 1.24 trillion Yuan (149.4 billion USD), which meant + 20 %. © Finpro & Finland Futures Research Centre 45
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Page 3 and 4: TABLE OF CONTENTS SECTION I: INTROD
Page 5: 3.4 DRIVING FORCES AND TRENDS BY CO
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Page 14 and 15: SECTION II: GLOBAL REPORT SUMMARY &
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Page 86: SECTION IV: ASSUMPTIONS & CONCLUSIO

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