Cameroon Food and Drink Report Q4 2014

Cameroon Food and Drink Report Q4 2014

Published: September 2014
Publisher: BMI Research
Product ref: 220321
Pages: 55
Format: PDF
Delivery: Immediate download

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Increasing oil output and rising consumer spending will contribute to accelerating Cameroonian economic growth in 2014 and beyond. This bodes well for Cameroon's food and drink industry, which will benefit from rising private consumption levels as well as a favourable demographic situation. Coming from a relatively low base, a number of segments in the food and drink industry will experience strong growth rates to 2018 thus offering attractive investment opportunities.

As per capita incomes rise, we expect per capita food consumption to increase, resulting in large multinational corporations investing heavily in Cameroon in order to tap into this growing market. We believe that joint ventures between domestic and foreign firms will boost domestic production of certain consumer goods, as highlighted by the investments made by SABMiller and Diageo into West Africa's beer market.

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Related research categories

By sector: General drinks

By market: Cameroon (in Africa)

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