Angola's food and drink industry will contract over
2016 in USD terms, while local currency growth rates have been distorted by
high inflation to show positive growth. This contraction can be attributed to
high import costs in 2015, which will filter into consumer prices in the first
half of 2016, thus reducing purchasing power. Over the long term, the industry
will remain attractive, showing strong growth on the back of economic expansion
and a youthful population.
Latest
Updates & Industry Developments
- Growth in food and drink sales will be driven by inflation, masking a contraction in real terms.
- Due to Angola being a food importer, the weak kwanza will keep consumer price inflation high in 2016.
- Failed crops in neighbouring states, due to drought, will push up food import prices as demand for imported grains in the region increases.
For
more information Visit at: http://www.marketresearchreports.com/business-monitor-international/angola-food-and-drink-report-q2-2016
Côte d'Ivoire's economic expansion outlook is one
of the strongest in Sub-Saharan Africa, corroborating our optimistic consumer
outlook for the country. This positive consumer outlook, together with
favourable demographics and rising disposable incomes, provides advantageous
conditions for rapid food and drink industry growth. Additionally, the mass
grocery retail sector will show strong growth as consumers increasingly switch
to formal retail.
Latest
Updates & Industry Developments
- Total food sales growth value (local currency) sales growth (y-o-y) in 2016 +10.2%; compound annual
- growth rate (CAGR) 2015-2020: +10.8%
- Non-alcoholic drinks value (local currency) sales growth (y-o-y) in 2016 +10.2%; compound annual growth rate (CAGR) 2015-2020: +10.8%
- We expect to see accelerated growth in the mass grocery retail sector over the coming years.
For
more information Visit at: http://www.marketresearchreports.com/business-monitor-international/cote-divoire-food-and-drink-report-q2-2016
Our Europe Country Risk team continues to forecast
strong and well-balanced economic expansion over the coming quarters. Real
private consumption is expected to stay at above a rate of growth of 2% over
the 2020 forecast period - this will provide a solid outlook for food and drink
companies operating in this reasonably mature Central European economy.
Key Trends
& Industry Developments
- Food sales in 2016 are forecast to grow by 3.8% in local currency terms.
- Convenience retailers and those targeting premium fresh produce should fare well, with the economic outlook looking solid.
For
more information Visit at: http://www.marketresearchreports.com/business-monitor-international/czech-republic-food-and-drink-report-q2-2016
Malaysia's food and drink industry will grow during
2016, on the back of rising private consumption levels. However, the effects of
lower oil prices, weakening exports and the implementation of a 6% goods and
services tax have yet to filter through to the economy. Therefore, industry
growth will be constrained over the short term.
Latest
Updates & Industry Developments
- Total food sales growth are set to grow strongly in local currency terms in 2016, before moderating out to the end of our forecast period in 2020.
- Total soft drinks sales are set to outperform food sales over our forecast period.
- The implementation of a goods and services tax (GST) will filter through the economy in 2016.
For
more information Visit at: http://www.marketresearchreports.com/business-monitor-international/malaysia-food-and-drink-report-q2-2016
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