Zambia Food and Drink Report Q1 2015

Business Monitor International
November 19, 2014
49 Pages - SKU: BMI5388677
Countries covered: Zambia

Zambia Food and Drink Report Q1 2015

BMI View: We maintain an optimistic outlook for the country's food and drink industry over our forecastperiod. With expectations for strong economic growth, a favourable demographic profile and a graduallyemerging middle class, Zambia remains one of the most attractive investment destinations in the region.

That said, short-term challenges remain, including continued pressures on an already ailing Zambiankwacha and the prospect of industrial unrest within the public sector workforce. With the World Bankexpecting little, if any, improvement in the global commodities market during the last quarter of 2014 orthrough much of 2015, this will also continue to weigh on the Zambian economy.

Key Forecasts

Total food consumption growth (local currency) in 2014: 9.0%; compound annual growth rate (CAGR),2013 to 2018: 9.7%

Mass grocery retail sales growth (local currency) in 2014: 14.8%; CAGR to 2018: 14.9%



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