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Angola Food and Drink Report Q4 2015

56 Pages BMI Research July 29, 2015 SKU: BMI5647738

Angola Food and Drink Report Q4 2015

BMI View: We maintain our view that Angola is one of the most attractive, yet risky food and drink marketsin the region. Continued economic expansion combined with a young and rapidly growing population andplenty of untapped market niches offer a lot of opportunities for foreign investors. That said, we highlightdownside risks to our forecast arising from an increasingly subdued outlook for the country's oil-dependenteconomy as well as a challenging regulatory and operating environment.

Key Forecasts

Total food consumption (local currency) growth year-on-year (y-o-y) in 2015: +16.3%; 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 Q4 2015

BMI Research
July 29, 2015

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