BMI View: We hold an optimistic outlook for the food and drink industry over 2016 and 2017 owing to the
well-established South African food market, with industry players well-placed to overcome short-term
consumer downturn. The drinks market will benefit from an emerg ..."
BMI View: Tunisia's food and drink industry will experience robust growth in sales throughout our forecast
period to 2020, although a significant portion of growth will be driven by inflationary pressures. Weak
consumer confidence and concerns over the country's stabi ..."
The Bakery and Cereals market in South Africa is analyzed to be one of the fastest growing markets across the globe. The Breads and Rolls category dominates in South Africa, while Morning Goods and Energy Bars is expected to register the fastes ..."
BMI View: We have not made significant revisions to our forecast outlook in this Q4 2016 quarterly
update. We hold the view that cocoa remains Cameroon's most important cash crop. We hold a positive
view on the country's cocoa production as it has ample room for growt ..."
BMI View: Ghana's food and drink outlook will grow increasingly favourable over 2016 and 2017 on the
back of positive economic recovery. Consumer spending will benefit from rising economic activity, boosting
demand for formalisation. We believe the MGR sector will con ..."
BMI View: In the short term, we expect the severe drought afflicting the country in 2016 to reduce output
dramatically for the grains and sugar sub-sectors. Meanwhile, dairy and beef production growth will also
slow down. However, we expect this to be a temporary setb ..."
BMI View: Despite slow economic activity in 2016, food and drink spending in Uganda will remain
resilient, stemming from high levels of remittances which will support household spending. Disposable
incomes over 2016 will be relatively low, which will drive higher dema ..."
BMI View: Throughout 2016, Algeria's food and drink market will come under pressure stemming from
rising food inflation as well as weaker economic growth. We have revised down our food and non-alcoholic
beverage sales growth owing to lower consumer spending. Our outlo ..."
BMI View: Our view on the Nigerian agribusiness sector is mixed. The cocoa industry assumes a greater
importance in the country's medium-term economic future now that oil revenues can no longer be relied
upon as an easy source of foreign exchange. We remain cautiously ..."
BMI View: Sudan's food and drink industry will experience modest growth throughout our forecast period
on the back of a more favourable economic outlook; relatively low inflation and low fuel prices. On the
other hand, South Sudan's food and drink industry will experi ..."