Kenya Food and Drink Report Q4 2014

Kenya Food and Drink Report Q4 2014

Published: September 2014
Publisher: Business Monitor International (BMI)
Product ref: 220328
Pages: 59
Format: PDF
Delivery: Immediate download

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The outlook for Kenya's food and drink industry continues to be positive, with strong growth expected over the short-to-medium term. The success of premium-chain coffee shops highlights the likelihood that premiumisation will play a major part in the growth of many segments of the Kenyan food and drink industry. Going forward, the mass grocery sector is likely to be a key growth area with foreign investment from South African retailers likely over the next year or two.

Headline Industry Data
¦ Per capita food consumption (local currency) is forecast to increase by 9.2% in 2014. Over the five years between 2013 and 2018, we are forecasting a compound annual growth rate of 9.3%.
¦ Mass grocery retail sales (local currency) are forecast to increase by 33.0% in 2014. Over the five years between 2013 and 2018, we are forecasting a compound annual growth rate of 32.5%.

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Related research categories

By sector: General drinks

By market: Kenya (in Africa)


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