Ghana's emerging consumer will drive strong growth in the food and drink industry over our forecast period to 2020. Consumers will adopt more modern diets as the industry attracts investment from multinational food and drink companies. Moreover, an uptick in retail development will encourage the entry of foreign food retailers looking to benefit from the strong long-term growth opportunities the market holds.
Key Trends & Industry Developments
Ghana's economic recovery over 2016 and 2017 will drive industry growth, as consumer spending and investor confidence increase. We forecast real GDP will grow by 4.9% and 5.8% in 2016 and 2017 respectively.
BMI expects demand for bottled water will gain momentum over our five-year forecast period, owing to rising disposable incomes and evolving consumer preferences and tastes.
We forecast strong per capita food consumption growth to 2020 will drive investment in Ghana's formal retailing sector.
Full Report Details at
- http://www.fastmr.com/prod/1188094_ghana_food_drink_report_q3.aspx?afid=301
The Ghana Food & Drink Report features BMI Research's market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.
BMI's Ghana Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Ghana.
Key Benefits
Benchmark BMI's independent food and drink industry forecasts for Ghana to test other views - a key input for successful budgeting and strategic business planning in the Ghanaian food and drink market.
Target business opportunities and risks in Ghana through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.
Coverage
BMI Industry View
Summary of BMI’s key industry forecasts and views, covering food and drink manufacturing and consumption and the mass grocery retail market.
Industry SWOT Analysis
Analysis of the major strengths, weaknesses, opportunities and threats within the food, drink and mass grocery retail sectors and within the broader political, economic and business environment.
BMI’s Food and Drink Risk Reward Index
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Market Report, "Ghana Food & Drink Report Q3 2016", published
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001