Carbonates To Continue Leading Soft Drinks Industry

With a population nearing 80mn, Egypt can rightfully claim to be the Middle East's most promising fast-moving consumer goods market, not least when it comes to the unsaturated soft drinks industry. Although disposable incomes remain a long way off the oil and gas rich Gulf Co-operation Council (GCC) Region, BMI believes that a combination of the populous country's sound long-term economic outlook - GDP growth is forecast to average 4.7% to 2018 - underdeveloped soft drinks industry and excellent trade links (Egypt uniquely boasts free trade access to the GCC region, the Common Market for Eastern and Southern Africa (COMESA)

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