The global pet care market is foretold to improve in the forthcoming years as matched to the preceding years and will showcase better sales in various market segments. It is estimated that the global pet care market will grow at a CAGR o…
BMI View: Mozambique will continue to be one of the least attractive pharmaceutical and healthcare
markets in the Middle East and Africa region (MEA). The escalation of political violence has directly
impacted health centres in some of the country's provinces leading to the further deterioration of healthcare
access in affected areas. Furthermore, falling revenues will limit government spending in 2016 and 2017 as
a result of withheld funding from donors in the wake of the public debt scandal.
Headline Expenditure Forecasts
? Pharmaceuticals: MZN8.28bn (USD210mn) in 2015 to MZN8.86bn (USD160mn) in 2016; +7.0% in
local currency and -23.2 % in US dollar terms. Forecast revised downwards from last quarter.
? Healthcare: MZN38.13bn (USD970mn) in 2015 to MZN40.61bn (USD740mn) in 2016; +6.5% in local
currency and -23.6% in US dollar terms. Forecast revised downwards from last quarter.