Category: Food & Beverage
Africa Food & Beverage
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Nigeria Alcoholic Drinks
... of economy spirits. Unit prices increased due to higher excise tax and rising import costs for raw materials and finished products, which can be linked to the depreciation of the local currency. Although alcoholic drinks ... Read More
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Nigeria Spirits
... low spending power, consumers sought out the most affordable drinks, which could be found in spirits. Strong local production of gin, schnapps, liqueurs, and dark rum has kept unit price increases to moderate levels compared ... Read More
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South Africa Beer
... diversity in a space that is starting to be populated by other brands such as Heineken 0.0 and Castle Free. This shift introduces a new opportunity to reduce saturation and maturity. Euromonitor International's Beer in ... Read More
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Cameroon Wine
... particularly champagne, has seen double-digit growth since 2020, propelling Cameroon to the 44th position globally in champagne imports. This rising trend is attributed to a shift in consumer habits, with more Cameroonians, especially women, embracing ... Read More
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Nigeria Wine
... the female drinking population. Wine is typically consumed on social occasions at parties and in clubs in the on-trade, where it is considered a status drink. As in most alcoholic drinks categories, wine was heavily ... Read More
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Cameroon Beer
... by 16% compared to 2022. Brewers also faced hurdles as the Ministry of Trade continued to resist a requested XAF50 price increase for a 65cl beer bottle, a resistance that had been ongoing since 2021. ... Read More
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Nigeria Beer
... by higher fuel costs and the strong depreciation in the local currency, which pushed up the cost of imports. This rise in unit prices negatively impacted volume sales but underpinned current value growth. Average unit ... Read More
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South Africa Spirits
... new flavours. Sunset Orange and Pink Berry have joined its other options, extending the brand’s flavour profile. During the launch of the new flavours, the traditionally female-dominated segment witnessed a shift, with male consumers demonstrating ... Read More
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Cameroon Alcoholic Drinks
... and public festivities. The beer market, however, faced formidable challenges stemming from macroeconomic volatility in 2023, exacerbated by the ongoing Anglophone Crisis, global inflation, and energy shortages. Despite robust demand, brewers struggled with supply chain ... Read More
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Cameroon Rtds
... gin tonic, and cider), has the whisky cola variant emerging as the undisputed leader among the options. Guinness Cameroon's offerings, Orijin and Smirnoff Ice, both spirit-based, enjoy significant popularity, with Orijin currently holding the status ... Read More
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South Africa Cider/Perry
... for its RTD offer, has been expanding its presence to leverage its predominantly female consumer base by creating occasions where its products can be sold in larger volumes. It launched “Spritzer Saturdays” where consumers can ... Read More
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South Africa Alcoholic Drinks
... a result, alcoholic drinks manufacturers experienced increased transport, fuel and production costs. Additionally, South Africa continued to experience high unemployment levels, reducing overall disposable incomes of the adult population. Inflation levels during this period influenced ... Read More
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South Africa Rtds
... been sustained due to the rising affordability of drinking in an economy adversely affected by high inflation. While affordability remains a key aspect of why RTDs appeal to local consumers, the main attraction is adventure. ... Read More
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Nigeria Rtds
... the depreciation of the local currency), unit prices for all brands increased significantly. RTDs tend to be heavily influenced by the economy, being quite a price sensitive and income sensitive category. In 2023, consumers sought ... Read More
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Egypt Alcoholic Drinks
... toll on manufacturing costs. Within this challenging context, leading player Al Ahram Beverages Co (ABC) did its best to protect the industry by launching new products and investing in digital marketing initiatives, as well sponsoring ... Read More
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Egypt Rtds
... category was subject to a particularly high level of innovation during the review period, as manufacturers sought to build demand. In addition, RTDs are fun and convenient, as well as affordable, being accessible to consumers ... Read More
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Egypt Wine
... context of multiple new launches at various price points, as players sought to cater to consumers with different needs. At the same time, a cultural shift has seen consumers enjoying a higher consumption of wine, ... Read More
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Angola Alcoholic Drinks
... affordability. Spirits is also poised for significant value growth, driven by a new tax decree. This decree mandates tax stamps on alcoholic beverages above 15% volume, with non-compliance carrying financial penalties. Consequently, production costs have ... Read More
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Egypt Spirits
... products, such as beer and wine, which made it especially sensitive to the challenging economic climate. With inflation reaching a record high, consumers shifted their drinking habits to products that were more affordable. The category ... Read More
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Egypt Beer
... option for the average consumer, with prices typically ranging from between EGP35 and EGP65 for a 500ml bottle. This was particularly relevant towards the end of the review period, when consumer price inflation rose to ... Read More
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South Africa Squash and Cordial Market Research Report Information, By Type {Fruits (Orange, Lemon, Blueberry, Mixed Fruits and Others), Vegetables and Herbs & Species}, By Price Range (Economic/Mass and Premium), By Application (residential and commercial), By Nature (Organic and Regular), By Category (Added Sugar and Sugar-Free), By Distribution Channel (Supermarket/Hypermarket, Convenience Store, Departmental Store and Online) - Forecast to 2032
... By Nature (Organic and Regular), By Category (Added Sugar and Sugar-Free), By Distribution Channel (Supermarket/Hypermarket, Convenience Store, Departmental Store and Online) - Forecast to 2032 South Africa's squash and cordial drink market is diverse, with ... Read More
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Algeria Alcoholic Drinks
... in total value terms compared to total volume terms. The ongoing economic crisis resulted in reduced consumer spending power. Consequently, many consumers became increasingly price sensitive, opting for cheaper economy brands or turning to the ... Read More
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Algeria Beer
... natural population growth. Domestic mid-priced lager beers continued to dominate the market, offering the best value for money, which appeals significantly to Algerian drinkers. The economic downturn, however, had a noticeable impact on consumption patterns. ... Read More
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Algeria Spirits
... new tastes and flavours, which supported the growth of these categories. Apart from whiskies and vodka, other types of spirits available in Algeria included primarily English gin, liqueurs, and Cognac. Meanwhile, categories like bourbon/other, dark ... Read More
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Algeria Wine
... in this growth, as the opening of new bars and restaurants created more opportunities for wine sales. The increasing number of inbound tourists further stimulated demand, with wine being a popular choice for dining experiences ... Read More
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