The Beverages Industry in Angola 2016

18 Feb, 2016, 15:27 ET from ReportBuyer

LONDON, Feb. 18, 2016 /PRNewswire/ -- The Manufacture, Wholesale and Retail of Beverages in Angola: This report focuses on the beverages industry in the Republic of Angola. The multi-billion dollar industry plays a key role in the Angolan economy, providing around 14,000 direct jobs and approximately 42,000 indirect employment opportunities across the value chain. In 2014, total domestic consumption of both alcoholic and non-alcoholic beverages in Angola was estimated to be around 2.68 billion litres. Beer is the nation's alcoholic beverage of choice while the country also has a well-established wine drinking culture and is the second-largest market on the continent for both wine and spirits.

Investment into Capacity: Statistics released by the Beverages Industry Association of Angola indicate that the annual installed production capacity of the sector currently totals 4.48 billion litres. This is expected to increase to approximately 4.95 billion litres per annum on completion of various new manufacturing facilities. The expansion of installed capacity, which is currently estimated to be approximately 70% higher than total domestic consumption, has been driven by the strategic objective of attaining self-sufficiency and the promotion of exports. ;

Challenging Conditions: Despite the increasing capacity and growing market for beverages, doing business in Angola is notoriously bureaucratic and there is widespread corruption. Operational costs are high and the sector is highly dependent on imports. Inadequate infrastructure, a shortage of skilled labour, poor service delivery and erratic power supply are all barriers in the manufacturing, wholesale and retail sectors. Adding to difficulties is the current weakness of the crude oil price and the subdued domestic macroeconomic environment.;

Report Coverage: The Manufacture, Wholesale and Retail of Beverages in Angola investigates the local beverages market, recent developments and factors influencing the success of the formal sector. The report also profiles 17 companies, including Refriango, the Angolan Portuguese-owned market leader that manufactures and distributes soft drinks, energy drinks, bottled water and wine, and plans to enter the beer segment in the near future. Also profiled are beverage retailers including Angolan companies, Nosso Super Gestao de Supermercados Lda and Score Distribuicao SA, as well as South African giant Shoprite Holdings, which sold more bottles of JC le Roux sparkling wine at its 19 Shoprite Angolan stores than at all its stores in South Africa.
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