Tanzania Food and Drink Report Q3 2014

Tanzania Food and Drink Report Q3 2014

Published: June 2014
Publisher: Business Monitor International (BMI)
Product ref: 213832
Pages: 65
Format: PDF
Delivery: Immediate download

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BMI View: We hold a positive view on the growth in Tanzania's consumer sector. The economy is growing rapidly while investment into a number of fast-moving consumer good sectors continues to pick up as spending at the middle class level rises. Tanzania's size (population of more than 45mn) and bright economic outlook make it one of the most promising opportunities for consumer goods companies in East and Southern Africa over the next few years.

Headline Industry Data ¦ Per capita food consumption in local currency terms is forecast to increase by 9.6% in 2014. Between 2013 and 2018, compound annual growth of 9.6% is forecast. ¦ Food consumption in local currency terms is forecast to increase by 13.0% in 2014. Between 2013 and 2018, compound annual growth of 12.8% is forecast. ¦ Mass grocery retail sales are forecast to increase by 13.3% in 2014. Between 2013 and 2018, compound annual growth of 13.1% is forecast.

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Related research categories

By sector: General drinks

By market: Tanzania (in Africa)


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