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Nigeria Food and Drink Report Q2 2016

  • February 2016
  • -
  • Business Monitor International
  • -
  • 71 pages

Includes 3 FREE quarterly updates

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.

Table Of Contents

Nigeria Food and Drink Report Q2 2016
BMI Industry View 7
SWOT 8
Food and Drink 8
Industry Forecast 10
Consumer Outlook 10
Latest Updates 10
Structural Trends 10
Food 12
Latest Updates 12
Structural Trends 13
Table: Food Sales (Nigeria 2013-2020) 14
Drink 17
Latest Updates 17
Structural Trends 18
Table: Non-Alcoholic Drink Sales (Nigeria 2013-2020) 18
Mass Grocery Retail 20
Latest Updates 20
Structural Trends 20
Industry Risk Reward Index 22
Sub-Saharan Africa Risk/Reward Index 22
Table: Sub-Saharan Africa Q216 Food and Drink Risk/Reward Index 24
Nigeria Risk/Reward Index 28
Market Overview 30
Food 30
Drink 36
Mass Grocery Retail 39
Competitive Landscape 41
Table: Key Players In Nigeria's Food and Drink Sector 41
Table: Key Players In Nigeria's Mass Grocery Retail Sector 42
Company Profile 43
Nestle Nigeria 43
UAC Plc 47
Guinness Nigeria 50
Nigerian Breweries 54
Park 'n' Shop 58
Demographic Forecast 60
Demographic Outlook 60
Table: Population Headline Indicators (Nigeria 1990-2025) 61
Table: Key Population Ratios (Nigeria 1990-2025) 61
Table: Urban/Rural Population and Life Expectancy (Nigeria 1990-2025) 62
Table: Population By Age Group (Nigeria 1990-2025) 62
Table: Population By Age Group % (Nigeria 1990-2025) 63
Glossary 65
Food and Drink 65
Mass Grocery Retail 65
Methodology 67
Industry Forecast Methodology 67
Sector-Specific Methodology 68
Sources 68
Risk/Reward Index Methodology 69
Table: Food and Drink Risk/Reward Index Indicators 70
Table: Weighting 71

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