South Africa Food and Drink Report - Business Monitor International - Industry Reports

South Africa Food and Drink Report

South Africa Food and Drink Report - Business Monitor International - Industry Reports
South Africa Food and Drink Report
Published Oct 15, 2016
69 pages — Published Oct 15, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

South Africa will experience slow economic growth over ---- due to weak consumer demand, declining business confidence, relatively subdued commodities prices, and sporadic strikes and persistently unreliable power supply. The economy will benefit from lower oil prices but because growth will be dependent on structural reform, an area where we have seen minimal progress, we have downgraded our ---- real GDP growth forecast to -.- , down from -.- in ----. ...South Africa will experience slow economic growth over ---- due to weak consumer demand, declining business confidence, relatively subdued commodities prices, and sporadic strikes and persistently unreliable power supply. The economy will benefit from lower oil prices but because growth will be dependent on structural reform, an area where we have seen minimal progress, we have downgraded our ---- real GDP growth forecast to -.- , down from -.- in ----. Private consumption and, to a lesser extent, investment will be the main beneficiaries of lower oil prices. ...Following KFC s success, Yum! Brands re-opened its first Pizza Hut outlet on September -- ----, after six years of absence. Since its first store opened in May ----, Burger King has also expanded quickly in South Africa.

...BMI View: We hold an optimistic outlook for the food and drink industry over ---- and ---- owing to the well-established South African food market, with industry players well-placed to overcome short-term consumer downturn. The drinks market will benefit from an emerging affluent consumer base boosting premium demand, while the soft drinks industry faces a more volatile outlook owing to the ongoing sugar tax debate. ...BMI View: We hold an optimistic outlook for the food and drink industry over ---- and ---- owing to the well-established South African food market, with industry players well-placed to overcome short-term consumer downturn. The drinks market will benefit from an emerging affluent consumer base boosting premium demand, while the soft drinks industry faces a more volatile outlook owing to the ongoing sugar tax debate. Retailers increasing value-added offerings will win over its cash-strapped core consumer base amid pressing economic pressures. Food and Drink Spending (---------) Food, sales, ZARmn Non-alcoholic drinks, sales, ZARmn ---- ---- ---- ----f ----f ----f ----f ----f - ---,--- ---,--- ---,--- ---,--- f = BMI forecast.

...Rising food prices will weigh on household spending over ----; however, we have a positive outlook on food producers that diversify product offerings to better suit the weakening consumer outlook. Soft drink sales will be volatile to new industry risks presented by the ongoing economic headwinds, as well as the proposal of a -- tax on sugary drinks for implementation in April ----. ...

  
Source:
Document ID
1749-2971
Country
Industry
Industry
Industry
Industry
Industry
Industry
Format:
PDF Adobe Acrobat
Buy Now

Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

About the Author


Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "South Africa Food and Drink Report" Oct 15, 2016. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/South-Africa-Food-and-Drink-Report-2026-2651>
  
APA:
Business Monitor International - Industry Reports. (2016). South Africa Food and Drink Report Oct 15, 2016. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/South-Africa-Food-and-Drink-Report-2026-2651>
  
US$ 1,295.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.