BMI View: Growth in Sub-Saharan food and drink markets will remain weak in 2017, but is set toaccelerate from 2018 onwards. Favourable demographic prospects, strong economic growth in a number ofkey markets and lots of untapped market segments offer attractive opportunities for food and drinkproducers and retailers. However, economic and political volatility, resilience of informal grocery tradingchannels, persistently low incomes and underdeveloped infrastructure will limit the growth potential.
Latest Updates And Industry Developments
Total food sales in Sub-Saharan Africa (SSA) will grow by a compound annual growth rate (CAGR) of7.4% (in USD terms) during 2017-2021.