Angola Food & Drink Report

Published 04 February 2015

  • 51 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
 
$1,295.00
Angola Food & Drink Report

BMI View: We maintain our view that Angola is one of the most attractive, yet risky, food and drink markets in Sub-Saharan Africa . S trong economic expansion combined with a young and rapidly growing population and plenty of untapped market niches offer a lot of opportunities for foreign investors. That said, we highlight Angola's challenging regulatory and operating environment, as illustrated by recently introduced import duties for numerous food and drink product s and steadily rising inflation.

Key Forecasts

  • Total food consumption (local currency) growth year-on-year (y-o-y) in 2015: +16.4%; compound annual growth rate (CAGR) 2014-2019: +15.8%.

  • Per capita food consumption (local currency) growth (y-o-y) in 2015: +12.9%; CAGR 2014-2019: +12.4%.

  • Beer production volume (litres) growth (y-o-y) in 2015: +6.1%; CAGR 2014-2019: +6.2%.

  • Carbonated soft drinks production volume (litres) growth (y-o-y) in 2015: +5.2%; CAGR 2014-2019: +5.2%.

  • Mass grocery retail sales (local currency) growth (y-o-y) in 2015: +20.3%; CAGR 2014-2019: +18.6%.

Latest Industry Developments

  • In March 2014, the Angolan government imposed higher import tariffs on various food and drink items. Higher import tariffs are part of the government's effort to diversify the oil-dependent economy as well as support domestic industries such as agriculture and manufacturing. While some staple goods, such as flour, beans, rice, palm oil, sugar, powdered milk and soap, will be exempt from the tariffs, vegetables and fruits are among the items that will be taxed. The increase of tariffs illustrates regulatory challenges present in Angola and could spur inflation, thus affecting consumption, especially among the less affluent sections of society.

  • In June 2014, South African food and liquor retailer Spar Group (SPP) opened its first store in Angola, in the province of Cabinda. Spar International had granted its South African subsidiary the rights to use the Spar name in the country....

Table of Contents

BMI Industry View
7
Latest Industry Developments
7
Industry Forecast
9
Food
9
Table: Food Consumption Indicators - Historical Data & Forecasts (Angola 2011-2018)
10
Drink
11
Table: Alcoholic Drinks Value/Volume Sales, Production & Trade - Historical Data & Forecasts (Angola 2013-2018)
11
Table: Soft Drinks Sales, Production & Trade (Angola 2013-2018)
11
Mass Grocery Retail
12
Table: Mass Grocery Retail Sales By Format - Historical Data & Forecasts (Angola 2013-2018)
13
Macroeconomic Forecast
14
Economic Analysis
14
Table: Economic Activity (Angola 2009-2019)
17
Industry Risk Reward Index
18
Sub-Saharan Africa Risk/Reward Index
18
Table: Sub-Saharan Africa Food & Drink Risk/Reward Index Q115
20
Table: Sub-Saharan Africa Food & Drink Risk/Reward Sub-Factor Index, Q115 (scores out of 10)
23
Angola Risk/Reward Index
23
Market Overview
25
Southern Africa Market Overview
25
Global Industry Overview
29
Table: DOLLAR GENERAL AND FAMILY DOLLAR HISTORIC QUARTERLY SAME-STORE SALES GROWTH (% CHANGE Y-O-Y)
33
Table: SELECT US BEVERAGE COMPANIES - HISTORIC EVA SPREAD
38
Table: Food and Drink Team's Core Views
39
Demographic Forecast
41
Table: Angola's Population By Age Group, 1990-2020 ('000)
42
Table: Angola's Population By Age Group, 1990-2020 (% of total)
43
Table: Angola's Key Population Ratios, 1990-2020
44
Table: Angola's Rural And Urban Population, 1990-2020
44
Glossary
45
Food & Drink
45
Mass Grocery Retail
45
Methodology
47
Industry Forecast Methodology
47
Sector-Specific Methodology
48
Sources
48
Risk/Reward Index Methodology
49
Table: Food & Drink Risk/Reward Index Indicators
50
Table: Weighting
51

The Angola Food & Drink Report features Business Monitor International (BMI)'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 Angola 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 Angola.

Key Benefits

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

Illustration of the mass grocery retail and food and drink industries via rankings tables comparing revenues, number of outlets and number of employees. This chapter also includes data-rich, in-depth regional analysis of the market position, business strategies and investment potential of the region’s leading mass grocery retail and food and drink operators.

Company Profiles*

Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI’s industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape to generate company SWOT analyses. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.

Sources

The Food & Drink reports draw on an extensive network primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports.

*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.

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Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc