2014-02-07 20:21:02 - South Africa Food and Drink Report Q1 2014 - a new market research report on companiesandmarkets.com
We expect to see another positive year for the South African economy and consumer industries through 2014, as the country´s economy continues to recover post-recession. We forecast real GDP growth of 2.5% in 2014, up from 2.1% the previous year. In addition, private consumption is expected to continue its growth of the past four years at a rate of 2.2% in 2014, and 2.9% in 2015. Although the economic recovery has not been without challenges and will likely remain uneven, in our view, the consumer sector continues to hold up.
Headline Industry Data
- 2014 per capita food consumption (local currency) = +8.1%; five-year forecast compound annual growth (CAGR) to 2017 = +8.1%.
- 2014 soft drinks per capita volume sales = +7.6%;
forecast compound annual growth to 2017 = +5.0%
- 2014 mass grocery retail sales (local currency) = +9.3%; forecast compound annual growth to 2017 = +9.2%.
Click for report details: www.companiesandmarkets.com/Market/Food-and-Drink/Market-Researc ..
Browse all Food and Drink Market Research Reports www.companiesandmarkets.com/Market/Food-and-Drink/Market-Researc ..
Browse all Food and Drink Company Profile Reports www.companiesandmarkets.com/Market/Food-and-Drink/Company-Profil ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.