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Nigeria Food and Drink Report Q3 2016

  • May 2016
  • -
  • Business Monitor International
  • -
  • 72 pages

Includes 3 FREE quarterly updates

BMI View: Despite a weak economic and consumer outlook, Nigeria's food and drink industry will growover 2016. Over our forecast period, economically priced products will outperform as strained consumerstrade down price points to mitigate rising costs. Favourable demographics and a sizeable middle-classcohort 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 massgrocery retail sector.

Table Of Contents

Nigeria Food and Drink Report Q3 2016
BMI Industry View 7
Key Trends and Industry Developments 7
SWOT 8
Food and Drink 8
Industry Forecast 10
Consumer Outlook 10
Latest Updates 10
Structural Trends 10
Food 11
Latest Updates 11
Structural Trends 12
Table: Food Sales (Nigeria 2013-2020) 14
Drink 16
Latest Updates 16
Structural Trends 17
Table: Total Alcoholic Drinks Spending And Consumption (Nigeria 2013-2020) 18
Table: Non-Alcoholic Drinks Sales (Nigeria 2013-2020) 20
Mass Grocery Retail 21
Latest Updates 21
Structural Trends 21
Industry Risk Reward Index 23
Sub-Saharan Africa Risk/Reward Index 23
Table: Sub-Saharan Africa - Food and Drink Risk/Reward Index, Q316 25
Nigeria Risk/Reward Index 28
Market Overview 31
Food 31
Recent Developments 31
Market Drivers and Trends 31
Drink 37
Recent Developments 37
Market Drivers and Trends 37
Mass Grocery Retail 40
Recent Developments 40
Market Drivers and Trends 40
Competitive Landscape 42
Table: Key Players In Nigeria's Food and Drink Sector 42
Table: Key Players In Nigeria's Mass Grocery Retail Sector 43
Company Profile 44
Nestle Nigeria 44
UAC Plc 48
Guinness Nigeria 51
Nigerian Breweries 55
Park 'n' Shop 59
Demographic Forecast 61
Demographic Outlook 61
Table: Population Headline Indicators (Nigeria 1990-2025) 62
Table: Key Population Ratios (Nigeria 1990-2025) 62
Table: Urban/Rural Population and Life Expectancy (Nigeria 1990-2025) 63
Table: Population By Age Group (Nigeria 1990-2025) 63
Table: Population By Age Group % (Nigeria 1990-2025) 64
Glossary 66
Food and Drink 66
Mass Grocery Retail 66
Methodology 68
Industry Forecast Methodology 68
Sector-Specific Methodology 69
Sources 69
Risk/Reward Index Methodology 70
Table: Food and Drink Risk/Reward Index Indicators 71
Table: Weighting 72

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