Uganda Food and Drink Report - Business Monitor International - Industry Reports

Uganda Food and Drink Report

Uganda Food and Drink Report - Business Monitor International - Industry Reports
Uganda Food and Drink Report
Published Jun 04, 2016
45 pages — Published Jun 04, 2016
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Abstract:

Uganda s population size of --mn will offer a sizable consumer base. We forecast that in ---- about --.- of the consumer base will be formed by the lower-middle income group, which will grow to --.- by ----. ...We forecast that in ---- about --.- of the consumer base will be formed by the lower-middle income group, which will grow to --.- by ----. In our view, the boom of high-value products in Uganda will not take off within our five-year outlook as we forecast growth of the more affluent middle class will be gradual (growing from -.- of total households in ---- to -.- in ----). We also caution that a small urban population of --.- in ---- will limit growth opportunities for formalisation. ...We hold a positive view for the sugar and sugar products category, which will benefit from a young population and rising incomes. This food category will grow by --.- a year to ----.

...Rising incomes in Uganda will drive spending on food and drink over the next five years. While staples currently dominate the typical diet, households will gradually be able to incorporate more discretionary food items such as confectionery products. ...Rising incomes in Uganda will drive spending on food and drink over the next five years. While staples currently dominate the typical diet, households will gradually be able to incorporate more discretionary food items such as confectionery products. In the drinks sector, we expect beer and carbonated soft drinks to outperform, benefiting from a young consumer base. In addition, these categories tend to perform well in less sophisticated markets, where consumer preferences are not highly dynamic. Nonetheless, obstacles remain for potential investors, including a very underdeveloped formal retail sector (currently accounting for less than - of total food retail sales) and a weak infrastructure network.

...BMI View: Rising incomes and gradual urbanisation will drive positive growth in Uganda s food and drink sector. Consumers will slowly switch consumption preferences in line with modern developments across the industry. ...

  
Source:
Document ID
2049-050X
Country
Industry
Industry
Industry
Industry
Industry
Industry
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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.

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MLA:
Business Monitor International - Industry Reports. "Uganda Food and Drink Report" Jun 04, 2016. Alacra Store. Dec 02, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Uganda-Food-and-Drink-Report-2026-1454>
  
APA:
Business Monitor International - Industry Reports. (2016). Uganda Food and Drink Report Jun 04, 2016. New York, NY: Alacra Store. Retrieved Dec 02, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Uganda-Food-and-Drink-Report-2026-1454>
  
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