Media Releases

Africa Dairy Products Market Outlook to 2020: Ken Research

Posted on 24 November 2016 by KenResearch Food and Beverage ,

Ken Research announced its latest publication titled “Africa Dairy Product Market Outlook to 2020 – Inclining Demand for Yoghurt and Ice Cream across Africa to Boost Dairy Product Market” which provides a comprehensive analysis of the dairy product market in Africa. The report includes the market share contributed by the sales of different dairy products including processed milk, yoghurt, cheese, ice cream, butter, flavored milk and milk powder. Further, the market in the study is also differentiated by countries including Nigeria, Algeria, Kenya, Sudan, South Africa, Tanzania, Uganda, Ethiopia, and other African nations. The study also includes the snapshot on key market in Africa dairy product industry in detail. Issues and challenges, trends and developments and Porter’s five forces analysis are also added in the study for understanding about the factors responsible for present scenario of the market. The future analysis of overall Africa dairy product market has also been discussed along with recommendations from analyst view.

Africa has a high growth and profit earning opportunities for various dairy products manufactures & retailers in the continent. However, most of the countries in Africa are still tagged as developing or under developed nations in world with the presence of volatility in the economies and fluctuating currency exchange rates.

In dairy industry, the continent is observed to grow at a steady pace in terms of local currency. The overall milk production capacity in Africa has been recorded to increase from ~ million tonnes in 2010 to ~ million tonnes in 2015 with increasing use of high yield milk producing hybrid cows and inclining number of dairy farms across various nations in Africa. This rise in the milk production capacity at various dairy farms has increased the profit shares of various dairy product manufacturers in different nations of Africa but subsequently due to the declining exchange rate of regional currency/USD of different nations of Africa, the import of dairy products from foreign continents had become costlier for the dairy product dealers. Consequently, it has decreased the profit share of dairy manufacturers in the various nations of the continent; resulting which Africa dairy product market declined from in terms of revenue from USD ~ billion in 2013 to USD ~ billion in 2015. Unfavorable currency exchange rate also impacted the market in a negative manner.

By Product, processed milk dominated the market with the revenue share of ~% in 2015. Yoghurt followed processed milk in terms of revenue as the dairy product has gained high demand in the market as a substitute of desert owing to its low sugar content. Vanilla flavor and strawberry flavor are observed to be the most favored yoghurt flavors in Africa with revenue share of ~% and ~% respectively in 2015. Milk powder is other major product which forms an important part of the Africa dairy products market. The product is though slowly losing demand owing to availability of substitute in form of UHT milk and long life milk.

By countries, Sudan dominated the Africa dairy products market with revenue share of ~% in 2015. High demand for processed milk in the region owing to the tea and coffee consumption habits among people of the country is the major factor which has helped in gaining leading position in the market. Kenya and Algeria followed Sudan respectively with revenue share of ~% and ~% in 2015. Presence of high population in these countries has led to high demand for dairy products which has resulted in high revenue generation from these countries.

Dairy product market in various nations of Africa such as Kenya, South Africa, Uganda, Algeria and Tanzania is dominated by the organized players such as Danone, Clover, Parmalat, Nestle, Unilever and other recognized domestic dairy brands such as Paramount, Pearl Dairy, NKCC, and Raka Milk Processors. In few nations of Africa such as Ethiopia, Somalia, Morocco, the market of dairy products is highly volatile due to current political instability and lack of government regulations in milk and dairy product market such as flavored milk, yoghurt, butter and cheese. Nestle being one of the highly recognized global brand have major market share in the milk powder market of various nations in Africa. Similarly, Unilever with its major manufacturing hubs in 19 nations of Africa have dominance in the butter market in various nations across the continent. However, the domestic market players such as Clover SA Pty Ltd, Parmalat, Danone, NKCC, and Pearl Dairy are facing health competition and continuous threat to their market hold from various domestic small scale dairy products manufacturers. Hence the organized players are aggressively making acquisitions and mergers to increase their market share in the industry.

Key Topics Covered in the Report:

 Africa Dairy Industry

Africa Yogurt Market

Algeria Dairy Market

The market size of Africa Dairy Product Market

Market segmentation of Africa Dairy Product Market on the basis of Products and Countries

Snapshot on Sudan Dairy Product Market

Snapshot on South Africa Dairy Product Market

Snapshot on Algeria Dairy Product Market

Uganda Dairy Industry

Africa Dairy Powder Sector

Ethiopia Milk Power Market

Africa Dairy Products Market

Africa Cheese Market Trends

Africa Ice Cream Industry Growth

Dairy Farms in Africa

Dairy Companies in Africa

Tanzania Processed Milk Market

Major Companies in Africa Dairy

New Market Entrants Africa Dairy

Africa Dairy Sector Developments

Africa Cheese Market Company Profile

Snapshot on Ethiopia Dairy Product Market

Snapshot on Kenya Dairy Product Market

Snapshot on Nigeria Dairy Product Market

Snapshot on Tanzania Dairy Product Market

Snapshot on Uganda Dairy Product Market

Porter’s Five Forces Analysis for Africa Dairy Product Market

Trends and Developments in Africa Dairy Product Market

Value Chain Analysis of Africa Dairy Product Market

Competitive Landscape and Detailed Company Profiles of the Major Market Players

Future Outlook and Projections of Africa Dairy Product Market

Analyst Recommendations

Macro-Economic Factors Impacting the Africa Dairy Product Market

 For more information about the publication, refer to below link:

https://www.kenresearch.com/food-beverage-and-tobacco/dairy-products/africa-dairy-products-market-report/60302-11.html

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

...

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Inclining Demand for Yoghurt and Ice Cream across Africa to Boost Dairy Product Market: Ken Research

Posted on 21 November 2016 by KenResearch Food and Beverage ,

  • Future growth of Africa dairy product market is expected to grow with the growing demand for yoghurt and ice cream in Africa
  • Companies such as R&R Ice Cream, Clover SA (Pty.) Ltd. and Real Beverages Company (Pty) Ltd. are strengthening their position in the market by focusing on acquisitions and businesses alliances

Ken Research announced its latest publication on Africa Dairy Product Market Outlook to 2020 - Inclining Demand for Yoghurt and Ice Cream across Africa to Boost Dairy Product Market” provides a comprehensive analysis of the dairy product market in Africa. The report includes the market share contributed by the sales of different dairy products including processed milk, yoghurt, cheese, ice cream, butter, flavored milk and milk powder. Further, the market in the study is also differentiated by countries including Nigeria, Algeria, Kenya, Sudan, South Africa, Tanzania, Uganda, Ethiopia, and other African nations. Various factors such as issues and challenges, trends and developments and Porter’s five forces analysis are also added in the study for clear understanding about the factors responsible for present scenario of the market. The future analysis of overall Africa dairy product market has also been discussed along with recommendations from analyst view.

Low content of the yoghurt is one of the major factors which have led to the high consumption of yoghurt as desert in the continent. Additionally, initiatives by market players to provide yoghurt in different flavors and in consumable form as per the choices of the consumers have further increased the demand for product in the Africa market. Vanilla among many flavors is the most demanded flavor in yoghurt due to its nutritious value. Mix flavor is the moving trend in the yoghurt market in Africa and people in Africa have just started liking yoghurt which comes in mixed flavors particularly vanilla and strawberry flavors. Similarly, ice cream is observed to gain high demand in the historical period and is expected to grow at a fastest CAGR during the forecast period. The use of ice cream as substitute of desert, affordable cost and high fondness for product among youths and children are the major factors responsible for growing demand for ice cream in Africa, hence driving the market.

“In order to penetrate into the Africa dairy product market, the market players could launch innovative dairy product with different flavors and high nutrition value. Launch of pro and pre-biotic yoghurt in Algeria could help the market players in gaining more market share in the country” according to Research Analyst, Ken Research.

Key Topics Covered in the Report:

  • The market size of Africa Dairy Product Market
  • Market Segmentation of Africa Dairy Product Market By Products – Processed Milk, Yoghurt, Cheese, Butter, Ice Cream, Flavored Milk, and Milk Powder and By Countries – Sudan, Algeria, Kenya, South Africa, Ethiopia, Nigeria, Tanzania, and Uganda
  • Snapshot on Sudan, South Africa, Algeria, Ethiopia, Kenya, Nigeria, Tanzania and Uganda Dairy Product Market
  • Dairy Farms in Africa
  • Africa Dairy Market Share
  • Africa Dairy Market Player
  • Dairy Companies in Africa
  • Sudan Dairy Farms Market
  • Tanzania Processed Milk Market
  • Major Companies in Africa Dairy
  • New Market Entrants Africa Dairy
  • Africa Dairy Sector Developments
  • South Africa Dairy Market Outlook
  • Africa Yoghurt Industry Competition
  • Africa Ice Cream Competition Players
  • Africa Cheese Market Company Profile
  • Porter’s Five Forces Analysis for Africa Dairy Product Market
  • Trends and Developments in Africa Dairy Product Market
  • Value Chain Analysis of Africa Dairy Product Market
  • Competitive Landscape and Detailed Company Profiles of the Major Market Players
  • Future Outlook and Projections of Africa Dairy Product Market
  • Analyst Recommendations
  • Macro-Economic Factors Impacting the Africa Dairy Product Market

Key Products Mentioned in the Report

Processed Milk, Yoghurt, Cheese, Butter, Ice Cream, Milk Powder, Flavored Milk

Key Market Players Covered in the Report:

Paramalat SA (Pty.) Ltd, Clover Industries Limited, Danone SA (Pty) Ltd, RCL Food, Premier Food Industries Ltd, Glacier Products Ltd, Eldoville Dairies Ltd, Brown’s Cheese, Raka Milk Processors Ltd, Nestle South Africa, R&R Ice Cream, Promasidor Nigeria Ltd, New Kenya Cooperative Creameries, Dairybelle (Pty) Ltd, Gero Yoghurt, Pearl Dairy, Planet Yoghurt, Chi Ltd, Unilever Ltd, Brookside Dairies Ltd, Paramount Diaries

For more information about the publication, refer to below link:

https://www.kenresearch.com/food-beverage-and-tobacco/dairy-products/africa-dairy-products-market-report/60302-11.html

Related Reports:

https://www.kenresearch.com/food-beverage-and-tobacco/dairy-products/india-dairy-products-market-research-report/646-11.html

https://www.kenresearch.com/food-beverage-and-tobacco/dairy-products/denmark-dairy-products-market-research-report/544-11.html

https://www.kenresearch.com/food-beverage-and-tobacco/general-food/germany-packaged-food-market-research-report/541-11.html

Contact Us

Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

...

Read more…