Prime Minster’s Office

Board of Investment

Board of Investment
Prime Minster’s Office

Foodin
Pakistan
Board of Investment
Prime Minster’s Office
Tel: +92-51-922-4101 |Fax: +92-51-921-5554
Email: investpak@invest.gov.pk |Web: invest.gov.pk
Address: 06th Floor, Kohsar Block, Pak Secretariat,
Islamabad 44000, Pakistan
 FOOD PROCESSING
SECTOR IN BRIEF
• The Food and Beverages Industry is the 2nd largest
nd
2Largest
industry of Pakistan after Textile

• The dairy sector contributes 11% in GDP of

Pakistan INDUSTRY
• The industry accounts for 27% of value-added
production and 16% employment in the
manufacturing sector

• There are over 2,500 food processing units
• Food and Beverages sector has fetched $1.9 Billion
FDI Inflows in Pakistan in last 10 years
• Pakistan frozen food market is forecasted to reach
USD 726 million by 2024 growing at a CAGR of
5.8% during the forecast period (2021-2024)
• Major players: Coca cola, Pepse, Nestle, Unilever,
Mitchells, Royal FrieslandCampina, Engro Foods,
Shezan, Dawn Food, K&N’s
POTENTIAL AREAS TO INVEST
• Dairy – milk, butter, cream, yogurt, etc.
• Value Addition in Fruits – dried, frozen,
pulping, juices of citrus (2.41 m tons),
mongo (1.73 m tons)
• Frozen Food – IQF (individual quick
freezing) facilities for fruits, vegetables,
meat such as peas, potatoes, beans,
spinach, strawberries, raspberries, mango
for export and local market
• Olive Oil Extraction – “Olive valley”
Punjab government will plant 3.16 million
trees to produce 21,000 tons of olive
fruits with growing local demand

Why Pakistan • Potato Powder and Flakes – import

substitution
• Raw material abundance - 3rd largest pine
nuts producer (3,400 metric tons), 5th largest • Halal Food – a high growth market with
date producer (over 550 million tons) in the untapped potential both locally and
World globally
• Relatively low labour cost human resources – • Fish and Fish Products – a variety of fish,
(population of 207.8 m) shrimps, prawns, octopus
• 4th largest milk producer globally, high
consumption of dairy items in local market
• 4 SEZs within CPEC targeting food industry –
fiscal incentives under SEZ applicable
• GSP+ (Generalized System of Preferences
Plus) Status allows Pakistani products a duty Full version of Sector Profile is available on BOI’s website:
free access to the EU market
Excellent Incentives to Food Sector: https://invest.gov.pk/index.php/sectors
• 100 % equity ownership allowed to foreign
investors
• 100 % repatriation of capital and dividends
allowed
• Foreign currency account permitted for
receipt of export remittances