Ghana Food and Drink Report Q1 2014

Ghana Food and Drink Report Q1 2014

Published: January 2014
Publisher: Business Monitor International (BMI)
Product ref: 192007
Pages: 97
Format: PDF
Delivery: Immediate download

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BMI View: We maintain our view that Ghana will be a regional and global outperformer over the coming years thanks to swift expansion in several industries retail. We forecast real GDP growth of 6.4% in 2014 and 7.2% in 2015, following an estimated 7.0% in 2013. We expect strong growth in aggregate private consumption, forecasting an increase of 7.5% in real terms in 2013 and 6.0% in 2014, followed by an annual average of 6.0% over 2014-2017 which in turn has positive implications for consumer spending on food and drink.

Headline Industry Data ¦ 2013 per capita food consumption (local currency) = +10.16%; forecast compound annual growth rate (CAGR) 2013 to 2017 = +9.2%. ¦ 2013 beer volume sales = +8.00%; forecast CAGR 2013 to 2017 = +6.74%. ¦ 2013 carbonated drinks volume sales = +9.00%; forecast CAGR 2013 to 2017 = +7.53%.

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Related research categories

By sector: General drinks

By market: Ghana (in Africa)


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