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Ghana beer market: 8.4% growth expected between 2013-2017

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Ghana Food and Drink Report Q3 2013 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-24 09:15:02
Our outlook for Ghana´s economy and consumer sector remains very positive, as we expect the country to be a major outperformer at the regional and global level - a view that looks even stronger given the onset of domestic oil production. Ghanaian incomes are expected to increase significantly over the next few years, giving the consumer sector a significant boost. Although the macroeconomic climate has deteriorated somewhat recently, we still see strong opportunities in Ghana´s food and drink industry.

Headline Industry Data

- 2013 per capita food consumption (local currency) = +9.98%; forecast compound annual growth rate (CAGR) to 2017 = +11.16%.
- 2013 beer volume sales = +8.00%; forecast CAGR to 2017 = +8.40%.
- 2013 carbonated drinks volume sales = +9.00%; forecast CAGR to 2017 = +9.40%.

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