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Nigeria Food and Drink Report Q4 2016

  • August 2016
  • -
  • Business Monitor International
  • -
  • 77 pages

Includes 3 FREE quarterly updates

BMI View: Nigeria's food and drink industry will contract over 2016 due to an acute decline in per capitafood spending. Over our forecast period, economically priced products will perform well as consumerstrade down price points to mitigate rising food costs. From 2017, growth will return to positive territoryand inflation will abate, relieving pressure on consumer purchasing power.

Key Trends & Industry Developments

- Food sales (local currency) growth y-o-y in 2016: +10.5% (USD terms: -9.7%); compound annual growthrate (CAGR) 2015-2020: +11.4% (USD terms: +4.7%).

- Total alcohol consumption (litres) growth y-o-y in 2016: +3.2%; compound annual growth rate (CAGR)2015-2020: +8.6%.

- Non-alcoholic drinks sales (local currency) growth y-o-y in 2016: +12.5%; compound annual growth rate(CAGR) 2015-2020: +13.1%.

- High growth rates will be primarily driven by inflation.

Table Of Contents

Nigeria Food and Drink Report Q4 2016
BMI Industry View 7
Key Trends and Industry Developments 7
SWOT 9
Food and Drink 9
Industry Forecast 11
Consumer Outlook 11
Latest Updates 11
Structural Trends 11
Food 13
Latest Updates 13
Structural Trends 14
Table: Food Sales (Nigeria 2013-2020) 15
Drink 18
Latest Updates 18
Structural Trends 19
Table: Total Alcoholic Drinks Spending And Consumption (Nigeria 2013-2020) 20
Table: Non-Alcoholic Drinks Sales (Nigeria 2013-2020) 22
Mass Grocery Retail 24
Latest Updates 24
Structural Trends 24
Industry Risk Reward Index 28
Sub-Saharan Africa Risk/Reward Index 28
Table: Sub-Saharan Africa - Food and Drink Risk/Reward Index, Q416 30
Nigeria Risk/Reward Index 33
Market Overview 35
Food 35
Recent Developments 35
Market Drivers and Trends 35
Drink 41
Recent Developments 41
Market Drivers and Trends 41
Mass Grocery Retail 44
Recent Developments 44
Market Drivers and Trends 44
Competitive Landscape 46
Table: Key Players In Nigeria's Food and Drink Sector 46
Table: Key Players In Nigeria's Mass Grocery Retail Sector 47
Company Profile 49
Nestle Nigeria 49
UAC Plc 53
Guinness Nigeria 56
Nigerian Breweries 60
Park 'n' Shop 64
Demographic Forecast 66
Demographic Outlook 66
Table: Population Headline Indicators (Nigeria 1990-2025) 67
Table: Key Population Ratios (Nigeria 1990-2025) 67
Table: Urban/Rural Population and Life Expectancy (Nigeria 1990-2025) 68
Table: Population By Age Group (Nigeria 1990-2025) 68
Table: Population By Age Group % (Nigeria 1990-2025) 69
Glossary 71
Food and Drink 71
Mass Grocery Retail 71
Methodology 73
Industry Forecast Methodology 73
Sector-Specific Methodology 74
Sources 74
Risk/Reward Index Methodology 75
Table: Food and Drink Risk/Reward Index Indicators 76
Table: Weighting 77

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