Zimbabwe Food and Drink Report 2012
Report description
While significant downside political and economic risks remain in play, the stability provided by the functional unity government and the ongoing consumer spending kick provided by the dropping of the Zimbabwean dollar in 2009 is expected to continue playing out. We expect continued increases in demand for both basic and nonessential food and drink products, which should allow producers to continue raising productive capacity. Zimbabwe’s low base, abundant natural resources, relatively developed infrastructure and capable workforce will, in our view, provide a platform for continued economic expansion.
Key Industry Trends Signs of Recovery In Drinks Sector: Throughout 2010 and 2011 there were many signs that the Zimbabwean drinks sector could be recovering. In a show of confidence in the re-emerging Zimbabwean consumer market, SABMiller’s beer and soft drinks partner Delta Corporation in May 2010 announced its plans to invest US$112mn in the country, with capital expenditure going mostly towards capacity strengthening. With so much slack left in the economy – Delta is believed to be operating at just 65% of full capacity – there is plenty of scope for growth.
Innscor Revenues Up, Looking To Beef Up Regional Presence: In March 2011, it was reported that Zimbabwe’s Innscor, a snack food producer and food services company, reported a more than 20% increase in revenues to US$255.5mn in its first half to December 2010. The results are a sign of Zimbabwe’s improving consumer side. Dollarisation has breathed life into the economy, which has provided a platform for Innscor to start filling its stores again. Particularly strong in food services, Innscor operates a wide range of fast-food stores in Zimbabwe and the wider Southern and East Africa regions. It is also the Zimbabwean franchisee for the South African restaurant chains Nando’s and Steers. Innscor has built up a niche for itself in food services given the absence of traditional Western fast-food and casual dining giants.
Table of contents
Chapter 1 - BMI Industry View
Chapter 2 - SWOT Analysis
Zimbabwe Food Industry SWOT
Zimbabwe Drink Industry SWOT
Zimbabwe Mass Grocery Retail Industry SWOT
Chapter 3 - Business Environment
BMI’s Core Global Industry Views
Table: Agricultural Commodity Prices
Table: Core Views Q
Macroeconomic Outlook
Table: Economic Activity
Chapter 4 - Industry Forecast Scenario
Consumer Outlook
Food
Food Consumption
Table: Total Food
Drinks
Alcoholic Drinks
Beer
Table: Alcohol
Soft Drinks
Mass Grocery Retail
Chapter 5 - Food
Key Industry Trends And Developments
Innscor Revenues Up Looking To Beef Up Regional Presence
Much Needed Investments In Agriculture
Nestlé Shuts Down Production But Not For Long
Making Up For The Lost Decade
Market Overview
Agriculture
Food Production
Table: Manufacturing Production Index By SubSector Base Year =
Chapter 6 - Drink
Key Industry Trends and Developments
Schweppes Eyeing IPO Soft Drinks Looking Good
Signs of Recovery Starting To Take Hold
Zimbabwean Beer Is Different
Soft Drinks Sale Could Also Take Off
SABMiller’s Africa Strategy
Market Overview
Alcoholic Drinks
Soft Drinks
Chapter 7 - Mass Grocery Retail
Key Industry Trends and Developments
Consumer Sector On The Mend
Zimbabwe Retail Different
High Overheads And Imports
South African Retailers Continue to Eye The Market
Market Overview
Chapter 8 - Competitive Landscape
Key Players
Table: Key Players in Zimbabwe’s Food & Drink Sector
Table: Key Players in Zimbabwe’s Mass Grocery Retail Industry
Chapter 9 - Company Monitor
Food
Dairibord Zimbabwe Ltd (DZL Holdings)
Cairns Foods Ltd
Drink
Delta Beverages
Mass Grocery Retail
Meikles (TM)
OK Zimbabwe
Chapter 10 - BMI Food & Drink Methodology
Food & Drink Business Environment Ratings
Ratings Methodology
Ratings System
Indicators
Table: Limits Of Potential Returns
Table: Risks To Realisation Of Potential Returns
Weighting
Table: Weighting
BMI Food & Drink Industry Glossary
Food & Drink
Mass Grocery Retail
BMI Food & Drink Forecasting And Sources
How We Generate Our Industry Forecasts
Sources
The just-drinks office is currently: Closed
Office opening hours
Mon-Thursdays 9:00am-5:30pm
Fridays 9:00am-4:30pm
The office is closed during weekends.
Current time at just-drinks headquarters: 11:09pm (Thursday, 23 May 2013)
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