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Nigeria Food and Drink Report Q2 2016


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Nigeria Food and Drink Report Q2 2016

BMI View: Nigeria's dependence on imported food in the midst of a weak naira has resulted in foodinflation accelerating faster than core inflation, which has weighed heavily on consumption. Despiteeconomic headwinds, Nigeria's food and drink industry will grow over 2016. The food industry will seeresilient growth in essential staple foods, while the drinks industry will see strong growth in the carbonatessegment.

Latest Updates & Industry Developments

Food sales (local currency) growth y-o-y in 2016: +10.4%; compound annual growth rate 2015-2020:+10.4%.

High growth rates will be primarily driven by inflation.

Aggressive price competition and favourable conditions will drive growth in carbonated soft drinks sales.

Increased investment into infrastructure by the Nigerian government will drive growth in the MGRsector.


BMI Industry View
SWOT
Food & Drink
Industry Forecast
Consumer Outlook
Latest Updates
Structural Trends
Food
Latest Updates
Structural Trends
Table: Food Sales (Nigeria 2013-2020)
Drink
Latest Updates
Structural Trends
Table: Non-Alcoholic Drink Sales (Nigeria 2013-2020)
Mass Grocery Retail
Latest Updates
Structural Trends
Industry Risk Reward Index
Sub-Saharan Africa Risk/Reward Index
Table: Sub-Saharan Africa Q216 Food & Drink Risk/Reward Index
Nigeria Risk/Reward Index
Market Overview
Food
Drink
Mass Grocery Retail
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
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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