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Angola Food and Drink Report Q2 2015

51 Pages BMI Research February 11, 2015 SKU: BMI5466903

Angola Food and Drink Report Q2 2015

BMI View: We maintain our view that Angola is one of the most attractive, yet risky, food and drinkmarkets in Sub-Saharan Africa. Strong economic expansion combined with a young and rapidly growingpopulation and plenty of untapped market niches offer a lot of opportunities 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 and steadily rising inflation.

Key Forecasts

Total food consumption (local currency) growth year-on-year (y-o-y) in 2015: +16.4%; compound annualgrowth rate (CAGR) 2014-2019: +15.8%.

Per capita food consumption (local currency) growth (y-o-y) in 2015: +12.9%; CAGR 2014-2019:+12.4%.

Beer production volume (litres) growth (y-o-y) in 2015: +6.1%; CAGR 2014-2019: +6.2%.

Carbonated soft drinks production volume (litres) growth (y-o-y) in 2015: +5.2%; CAGR 2014-2019:+5.2%.

Mass grocery retail sales (local currency) growth (y-o-y) in 2015: +20.3%; CAGR 2014-2019: +18.6%.

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Angola Food and Drink Report Q2 2015

BMI Research
February 11, 2015

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