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: 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 experience a deep contraction due to the continued
erosion of consumer purchasing power. The mass grocery retail sector for both of these markets will remain
grossly underdeveloped due to a weak business environment; poor logistics network and ongoing conflict.
Key Trends & Industry Developments
? In Sudan, relative economic stability should lead to more sustained growth in the overall food industry.
With inflation moderating, we see stronger consumer spending in staples categories.
? In South Sudan, soaring inflation will continue to erode consumer purchasing power, limiting growth in
the food sector.
? The closure of the only brewery in South Sudan - South Sudan Beverages Limited - will negatively
impact growth in the formal market.