Today: October 7, 2015, 2:16 am

Ghana Food and Drink Market: New market research published
Ghana Food and Drink Report Q1 2014 - a new market research report on 2014-04-02 15:21:02
We maintain our view that Ghana will be a regional and global outperformer over the coming years thanks to swift expansion in several industries retail. We forecast real GDP growth of 6.4% in 2014 and 7.2% in 2015, following an estimated 7.0% in 2013. We expect strong growth in aggregate private consumption, forecasting an increase of 7.5% in real terms in 2013 and 6.0% in 2014, followed by an annual average of 6.0% over 2014-2017 which in turn has positive implications for consumer spending on food and drink.

Headline Industry Data

- 2013 per capita food consumption (local currency) = +10.16%; forecast compound annual growth rate (CAGR) 2013 to 2017 = +9.2%.

- 2013 beer volume sales = +8.00%; forecast CAGR 2013 to 2017 = +6.74%.

- 2013 carbonated drinks volume sales = +9.00%; forecast CAGR 2013 to 2017 = +7.53%.

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Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

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