New Market Research Report Nigeria FoodDrink Report Q2 2015

Our Africa Country Risk team does not expect weaker oil prices to have a major impact on headline GDP growth in Nigeria as the non-oil sector will remain the primary engine of growth over the next few years offsetting the weak contribution from the oil industry. Therefore we do not expect the downward revision of our real GDP growth forecasts to 5.6% in 2015 (compared to 6.5% previously) to have a considerable impact on food and drink producers. Nonetheless we expect weaker oil prices to indirectly weigh on private consumption through the inflation channel. With oil accounting for around 95% of Nigeria's exports the fall in oil prices has led to deterioration in the sentiment of investors importers and domestic banks towards the naira. Our Africa Country Risk team expects further devaluation from the central bank in 2015 which will lead to inflation heading higher. This will erode consumers' purchasing power and weigh on food and drink sales.

Full Report Details at
 - http://www.fastmr.com/prod/980263_nigeria_food_drink_report_q2_2015.aspx?afid=101

 Headline Industry Forecasts 

 *  Per capita food consumption (local currency) 2015 = +7.0%; forecast compound annual growth rate (CAGR) 2014 to 2019 = +7.0%
 *  Beer volume sales 2015 = +4.0%; forecast CAGR 2014 to 2019 = +4.0%
 *  Mass grocery retail sales (local currency) 2015 = +36.1%; forecast CAGR 2014 to 2019 = +41.2%

 Key Industry Trends And Developments 

 Food Concepts Partners with Pioneer Foods : In spring 2015 Nigeria-based Food Concepts agreed to partner with South Africa-based Pioneer Foods in its baked goods division. Under the terms of the partnership Food Concepts' baked goods division will become Food Concepts Pioneer Limited with 49.9% interest staying with Food Concepts and a 50.1% stake transferring to Pioneer Foods. 'The partnership will use the respective strengths of the companies to tap into the vast opportunities in the Nigerian fast-moving consumer goods sector delivering extraordinary value to customers according to the chairman of Food Concepts Deji Akinyanju.

 Nestle...

The Nigeria 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 Nigeria 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 Nigeria.

Key Benefits

 * Benchmark BMI's independent food and drink industry forecasts for Nigeria to test other views - a key input for successful budgeting and strategic business planning in the Nigerian food and drink market.
 * Target business opportunities and risks in Nigeria 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

BMI’s Risk Reward Index provides investors (food and drink manufacturers and mass grocery retailers) looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry economic and demographic points. These provide indices of highest to lowest appeal to investors with each position explained.

Food Forecasts

BMI’s food chapter is divided into sections such as meat fish confectionary dairy and canned foods and provides insight into each market’s food industry centred on a forecast to end-2019 for the sector. The chapter includes the following elements:

 * Industry Forecast Scenario: Historical data series and a forecast to end-2019 for growth of key indicators within a market’s food industry. Indicators include food consumption food consumption as % of GDP canned food sales confectionery sales and food and drink imports and exports among others.
 * Industry Developments: A summary of corporate developments including news on M&As FDI expansions closures and financial results in addition to analysis and explanation of the latest industry events and how these could influence further investment.
 * Market Overview: An overview of the structure of the market introducing the key players and discussing underlying trends.

Drink Forecasts

Segmented the same way as BMI’s food chapter the drink section provides insight into each market’s drink industry centred on a forecast to end-2019 for the sector. Forecast indicators include alcoholic and soft drink sales by value volume and sub-sector and tea and coffee sales among others.

Mass Grocery Retail Forecasts

Segmented the same way as BMI’s food and drink chapters the mass grocery retail section provides insight into each market’s grocery retail industry centred on a forecast to end-2019 for the sector. Forecast indicators include mass grocery retail sales by format (including supermarkets hypermarkets convenience and discount stores) and a breakdown of the organised retail sector versus the traditional sector among others.

Competitive Landscape

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