Beverage opportunity

The beverage market in Ivory Coast is projected to reach USD 2.8 billion by 2024, driven by increasing demand across both alcoholic and non-alcoholic segments.

The key beverage segments include soft drinks, bottled water, fruit juices, and energy drinks, with bottled water being particularly popular.

ZIC offers favorable tax incentives, improved infrastructure, and proximity to key markets, making it an ideal hub for beverage production and distribution.

The growing population, expanding middle class, and rising demand for both healthy and indulgent drinks provide significant growth potential for investors in the beverage sector.

Investors benefit via tax incentives, low production costs, access to raw materials, and favorable government policies, making it a profitable location for beverage production.

Consumers are increasingly shifting towards healthy options, such as bottled water and natural fruit juices, which reflects the country's growing health awareness.

ZIC is an industrial zone located in Ivory Coast, and managed by the Arise IIP. It has well-developed infrastructure, including transportation and logistics, facilitates efficient production and distribution of beverages both locally and regionally.

The market for beverages in Ivory Coast is experiencing steady growth, with the expanding middle class being a significant driver. The rising demand for both non-alcoholic and alcoholic beverages aligns with urbanization trends and consumer preference shifts towards healthier options

Yes, foreign beverage brands are increasingly investing in Ivory Coast due to its strategic location and growing consumer demand.
 

Popular beverages include soft drinks, bottled water, energy drinks, and fruit juices, with a notable increase in demand for bottled water.

Ivory Coast’s beverage sector is well-positioned for export growth, particularly in neighboring African markets, thanks to its strong production base and access to agricultural raw materials.