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Nigeria Food and Drink Report Q1 2016

Nigeria Food and Drink Report Q1 2016

BMI View: Nigeria's economy will continue to grow at a constrained rate due to the oil price collapse. Ourgrowth forecasts for Nigeria in 2015 and 2016 are 3.8% and 2.7% respectively. The long-term outlook isimpacted by the difficulties of implementing policies that facilitate a transition to a growth model that is notdriven by oil. Nigeria's reliance on imported consumer goods coupled with the devaluation of the naira willresult in high inflation in the short-term; we forecast it to end the year at 9.7%. This will weigh heavily onconsumption.

Headline Industry Forecasts

Per capita food consumption (local currency) 2015 = 62,698; forecast compound annual growth rate(CAGR) - 2015 to 2019 = +7.05%

Beer volume sales (mn litres) 2015 = 1,865; forecast CAGR 2014 to 2019 - +2.37%

Mass grocery retail sales (NGN per capita) 2015 = 13637; forecast CAGR 2014 to 2019 = +38.75%


BMI Industry View
SWOT
Food & Drink
Industry Forecast
Consumer Outlook
Food
Table: Food Consumption Indicators - Historical Data & Forecasts (Nigeria 2012-2019)
Table: Confectionery Value/Volume Sales, Production & Trade - Historical Data & Forecasts (Nigeria 2012-2019)
Table: Sweet Biscuits Volume Sales, Production & Trade - Historical Data & Forecasts (Nigeria 2014-2019)
Drink
Alcoholic Drinks
Table: Alcoholic Drinks Value/Volume Sales, Production & Trade - Historical Data & Forecasts (Nigeria 2014-2019)
Soft Drinks
Table: Soft Drinks Sales, Production & Trade (Nigeria 2014-2019)
Mass Grocery Retail
Table: Mass Grocery Retail Sales By Format - Historical Data & Forecasts (Nigeria 2014-2019)
Macroeconomic Forecast
Table: Economic Activity (Nigeria 2010-2019)
Industry Risk Reward Index
Sub-Saharan Africa Risk/Reward Index
Table: Sub-Saharan Africa Q415 Food & Drink Risk/Reward Index
Nigeria Risk/Reward Index
Market Overview
Food
Food Production
Agriculture
Drink
Beer
Soft Drinks
Mass Grocery Retail
Table: Mass Grocery Retail Sales By Format (Nigeria 2006-2015)
Table: Mass Grocery Retail Sales By Format (Nigeria 2006-2015)
Competitive Landscape
Table: Key Players In Nigeria's Food & Drink Sector
Table: Key Players In Nigeria's Mass Grocery Retail Sector
Company Profile
Nestlé Nigeria
UAC Plc
Guinness Nigeria
Nigerian Breweries
Park 'n' Shop
Global Industry Overview
Table: Selected Markets - Selected Industry and Macroeconomic Indicators - Historical and Forecast
Table: Australia, Uk And Usa Estimated Herfindahl-Hirschman Index Scores - Food Retail Industry
Table: UAE Food Retail Sales By Format - Historical & Forecast
Table: Food and Drink Core Views - Q315 Roundup
Demographic Forecast
Demographic Outlook
Table: Population Headline Indicators (Nigeria 1990-2025)
Table: Key Population Ratios (Nigeria 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Nigeria 1990-2025)
Table: Population By Age Group (Nigeria 1990-2025)
Table: Population By Age Group % (Nigeria 1990-2025)
Glossary
Food & Drink
Mass Grocery Retail
Methodology
Industry Forecast Methodology
Sector-Specific Methodology
Sources
Risk/Reward Index Methodology
Table: Food & Drink Risk/Reward Index Indicators
Table: Weighting

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