The global forage feed market has been undergoing noteworthy development in the past few years. This can be accredited to the progression in farm animal production, upsurge in the global meat intake, and growing awareness regar…
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 continue to attract positive investment from
international retailers seeking new growth markets.
Key Trends & Industry Developments
? We expect an uptick in non-essential foods demand will drive investment from multinational foodprocessing
companies in Ghana.
? Positive investment in the low-cost beer segment will spur upward consumption in the formal sector as
affordability grows as a key growth driver.
? We expect rising disposable incomes to drive consumer spending and boost demand for formalisation of