DUBLIN--(BUSINESS WIRE)--The "Wholesale and Retail of Food in the Ivory Coast 2017" report has been added to ResearchAndMarkets.com's offering.
The report examines current conditions and developments as well as factors that influence the success of the sector.
Profiles are provided for four retailers including the largest player, Prosuma, which employs approximately 3,600 people in a total of 56 stores situated mainly in densely populated urban areas. Six stores are currently under construction, four in the capital Abidjan, and one wholesale and one retail store situated further inland. Prosuma is also looking to bolster its low-end offering of discount mini-markets, with plans to open new Bonprix and Miniprix stores in small towns across the country.
Cote d'Ivoire (Ivory Coast) has experienced one of the highest growth rates in Africa in recent years with the economy more than doubling over the past decade to a value of US$36.1bn in 2016. Despite this, an estimated 46% of the population still lives in poverty and the informal sector, which includes local markets, numerous informal kiosks and tabletop sellers, accounts for more than 80% of food wholesale and retail activity.
The International Monetary Fund believes the country's current positive macro-economic outlook is supported by sustained strong domestic demand and in the next five years per capita grocery retail spend is expected to increase by 24.6%. Formal retailers, especially Francophone retailers, have stated their intention of taking advantage of the economic recovery, the emergence of a middle class, and a market still characterised by the low penetration of modern retail. Although there has been progress in many respects, the Ivorian business operating environment is still regarded as challenging given regulatory constraints, a shortage of skilled labour and the corruption that exists in the country.
- Compagnie De Distribution of Cote d'Ivoire
- Mata Holding Plc
- Societe Des Marques De La Republique De Cote d'Ivoire
- Societe Ivoirienne De Promotion De Supermarches
Key Topics Covered:
2. Country Information
3. Description of the Industry
4. Size of the Industry
5. State of the Industry
6. Influencing Factors
8. SWOT Analysis
10. Industry Associations
For more information about this report visit https://www.researchandmarkets.com/research/6v7b33/wholesale_and?w=4