Ashtarak Kat Was Announced Armenian Ice-Cream Market Leader

ASHTARAK KAT WAS ANNOUNCED ARMENIAN ICE-CREAM MARKET LEADER

/PanARMENIAN.Net/
20.06.2009 14:13 GMT+04:00

/PanARMENIAN.Net/ At the meeting of State Committee for Economic
Competition Protection, Ashtarak Kat was announced Armenian ice-cream
market leader, SCECP Press Service reported.

According to ice-cream market analysis results, 897 796,4 kg of ice
cream was sold in Armenia in 2008. 2 105 087,4 kg was manufactured
by 12 companies, 169 500,9 kg – exported by 50 companies.

No ice cream imports were registered in 2007, 4 companies imported
32 254,7kg of ice-cream in 2008.

According to analysis results, Armenian ice-cream market has a high
centralization level. In 2008 sales volume percentage in the Armenian
market was as follows: Ashtarak Kat – 39,3%, Tamara – 18,7%, Elit
Shant – 12,4%.

Considering RA population size, 0,6 kg of ice cream per person was
sold in 2008 and 0,7kg in 2007.

Market analysis results will be submitted to State Revenue Committee.

According to Committee resolution, Shant Plus was excluded from
ice-cream market leaders’ list, whereas Ashtarak Kat remains the
only leader.