Wine is one of the utmost popular drinks consumed worldwide. The escalating demand for wine, because of its unusual taste and health assistances is one of the key aspects boosting the growth of the global wine market. The global wine mar…
BMI View: Mauritius' pharmaceutical and healthcare markets are expected to continue on a positive
growth trajectory over the forecast period. Meanwhile, Mauritius' 2016-2017 Budget is set to strengthen
manufacturing capacity in the pharmaceutical sector, including through the creation of a Pharmaceutical
Village at Rose Belle and several incentives for investors. Although revenue-earning potential from these
development initiatives will take time to materialise, Mauritius will continue to strengthen its international
reach, while gradually building its position as a research and manufacturing hub. This is illustrated by
Mauritius' growing integration with the rapidly growing economies of the East African Community, among
Headline Expenditure Projections
Pharmaceuticals: MUR6.17bn (USD176mn) in 2015 to MUR6.52bn (USD182mn) in 2016; +5.7% in local
currency terms and +3.4% in US dollar terms. Forecast revised downwards from last quarter.
Healthcare: MUR19.88bn (USD566mn) in 2015 to MUR21.05bn (USD586mn) in 2016; +5.9% growth in
local currency terms, and +3.6% in US dollar terms. Forecast revised downwards from last quarter.