UAE Canned Food Market Set for Growth, Forecasted to Reach US$325.872 Million by 2028 [Yahoo! Finance]
ITOCHU CORP UNSP/ADR (ITOCY)
NASDAQ:AMEX Investor Relations:
itochu.co.jp/en/ir/index.html
Company Research
Source: Yahoo! Finance
The latest market analysis report reveals that the UAE canned food market is poised for substantial growth, with expectations to achieve a compound annual growth rate (CAGR) of 3.81%. This robust growth trajectory indicates a rise from a valuation of US$250.789 million in 2021 to an anticipated market size of US$325.872 million by the year 2028. The UAE's affluent lifestyle and diversified economy that spans from oil production to tourism and a thriving meat industry are significant factors propelling the canned food sector forward. An increasing consumer base fueled by UAE residents' high meat consumption has resulted in surging demand for various canned meat products, which in turn strengthens the market. Key Market Drivers Online Retail Revolution: Transitioning towards the digital era, retailers in the UAE are extensively growing their online capabilities to cater to a market that chooses convenience and efficient delivery systems, fueling the canned food industry. Conven
Show less
Read more
Impact Snapshot
Event Time:
ITOCY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ITOCY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ITOCY alerts
High impacting ITOCHU CORP UNSP/ADR news events
Weekly update
A roundup of the hottest topics
ITOCY
News
- Japan's Itochu in Talks to Buy LNG From British Columbia Project [Financial Post (Toronto, Ontario, Canada)]Financial Post
- NJ may pull public investments from Japanese company for cutting ties with Israeli defense contractor [Yahoo! Finance]Yahoo! Finance
- Japan may introduce tax breaks to spur repatriation into yen, Sankei reports [Reuters]Reuters
- Shohei Ohtani Signs Global Partnership with ITO EN's Green Tea Brand "Oi Ocha" [Yahoo! Finance]Yahoo! Finance
- Chocoholics in Japan Set for Sticker Shock After Cocoa Surge [Yahoo! Finance Canada]Yahoo! Finance Canada