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Nigeria Food and Drink Report Q3 2016


Attention: There is an updated edition available for this report.

BMI View: Despite a weak economic and consumer outlook, Nigeria's food and drink industry will grow over 2016. Over our forecast period, economically priced products will outperform as strained consumers trade down price points to mitigate rising costs. Favourable demographics and a sizeable middle-class cohort will bolster growth throughout our forecast period.

Key Trends & Industry Developments

Food sales (local currency) growth y-o-y in 2016: +10.4%; compound annual growth rate (CAGR) 2015-2020: +10.4%.
Total alcoholic consumption (volumes) growth y-o-y in 2016: +3.9%; CAGR 2015-2020: +6.3%
Non-alcoholic drinks sales (local currency) growth y-o-y in 2016: +12.2%; CAGR 2015-2020: +11.9%.
High growth rates will be primarily driven by inflation.
Increased investment into infrastructure by the Nigerian government will drive growth in the mass grocery retail sector.


BMI Industry View
Key Trends & Industry Developments
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: Total Alcoholic Drinks Spending And Consumption (Nigeria 2013-2020)
Table: Non-Alcoholic Drinks 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 - Food & Drink Risk/Reward Index, Q316
Nigeria Risk/Reward Index
Market Overview
Food
Recent Developments
Market Drivers & Trends
Drink
Recent Developments
Market Drivers & Trends
Mass Grocery Retail
Recent Developments
Market Drivers & Trends
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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