South Africa Food & Drink Report Q3 2016 - New Market Research Report

South Africa's food and drink industry will remain hampered by the country's economic downturn in 2016 . The consumer outlook will be bleak over this period stemming from rising food prices, which will weigh on household spending. We believe industry players will diversify their product offerings into more value-added segments in order to capture the more cash-strapped consumers switching out of mainstream categories.

Key Trends & Industry Developments

Rising food prices will weigh on household spending over 2016; 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 in April 2017.

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Retailers looking to expand in the local market will primarily focus on targeting the lower-income consumer through convenience store formats located in non-urban areas.

The South Africa Food & Drink Report features BMI Research's market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

BMI'sSouth Africa Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in South Africa.

Key Benefits
Benchmark BMI's independent food and drink industry forecasts for South Africa to test other views - a key input for successful budgeting and strategic business planning in the South African food and drink market.
Target business opportunities and risks in South Africa through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.

Coverage

BMI Industry View

Summary of BMI’s key industry forecasts and views, covering food and drink manufacturing and consumption and the mass grocery retail market.

Industry SWOT Analysis

Analysis of the major strengths, weaknesses, opportunities and threats within the food, drink and mass grocery retail sectors and within the broader political, economic and business environment.

BMI’s Food and Drink Risk Reward Index

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