Angola Food and Drink Report Q1 2015

Business Monitor International
November 12, 2014
51 Pages - SKU: BMI5380186
Countries covered: Angola

Angola Food and Drink Report Q1 2015

BMI View: Angola remains one of the most attractive, yet risky, food and drink markets in Sub-SaharanAfrica. Strong economic expansion, combined with a young and rapidly growing population and plenty ofuntapped market opportunities, means the country holds a lot of potential for foreign investors. That said,we highlight Angola's challenging regulatory and operating environment, as illustrated by recentlyintroduced import duties for numerous food and drink products.

Key Forecasts

Total food consumption (local currency) growth year-on-year (y-o-y) in 2014: +17.5%; compound annualgrowth rate (CAGR) to 2018: +16.6%.

Per capita food consumption (local currency) growth (y-o-y) in 2014: +14.0%; CAGR to 2018: +13.1%.

Beer production volume (litres) growth (y-o-y) in 2014: +8.8%; CAGR to 2018: +8.9%.

Carbonated soft drinks production volume (litres) growth (y-o-y) in 2014: +5.1%; CAGR to 2018:+5.2%.

Mass grocery retail sales (local currency) growth (y-o-y) in 2014: +21.7%; CAGR to 2018: +19.5%.



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