Alcoholic Drinks in South Africa - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-21 23:18:03
The South African alcoholic drinks market had total revenues of $12.3bn in 2012, representing a compound annual growth rate (CAGR) of 2.4% between 2008 and 2012.
Market consumption volumes grew with a CAGR of 1.7% between 2008 and 2012, to reach a total of 3,751.7 million liters in 2012.
The performance of the market is forecast to accelerate, with an anticipated CAGR of 2.6% for the five-year period 2012 - 2017, which is expected to drive the market to a value of $14bn by the end of 2017.
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