Zambia Food and Drink Report - Q4 2014

Business Monitor International
September 10, 2014
43 Pages - SKU: BMI5325740
Countries covered: Zambia

Zambia Food and Drink Report - Q4 2014

BMI View: Continued sluggishness in the global commodity markets has weighed on the Zambianeconomy, and the removal of government subsidies for fuel and maize is expected to drive inflationupwards, increasing consumer spending on non-discretionary goods. Despite these short-term challenges,we maintain an optimistic outlook for the country's food and drink industry over our forecast period. Withexpectations for strong economic growth, a favourable demographic profile and a gradually emergingmiddle class, Zambia remains one of the most attractive investment destinations in the region.

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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