(Food-Beverage-News.Com, September 05, 2017 ) According to the latest study findings, the 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. Market Research Hub (MRH) has freshly broadcasted a new study to its wide repository, which is titled as “Dairy Product Markets in Africa to 2021” and provides most up-to-date industry data on the actual market situation, and future outlook for dairy products in different African countries. To provide a clear understanding of the market, the report includes historical data from 2010 to 2016 and forecasts until 2021.
Africa has a high growth and profit earning opportunities for various dairy products manufacturers & retailers in the continent. The report includes the market share contributed by the sales of different dairy products including processed milk, yogurt, cheese, ice cream, butter, flavored milk and milk powder. The first part of the report also expresses the market overview by major product type in dairies. Base on product type, it is classified into milk and cream (not concentrated/sweetened, fat not exceeding 1%, 1-6% and fat over 6%); Milk in powder, granules or other solid form covers fat not exceeding 1-5%, unsweetened & fat over 1.5%; and sweetened & fat over 1.5%. In addition, fresh cheese, grated, blue-veined and other cheese, butter, dairy spreads, fats and oils derived from milk, lactose syrup, casein etc.
Moving further, the research sheds lights on the performance of dairy products market in following countries, such as Botswana, Burundi, Cameroon, Egypt, Ethiopia, Ghana, Kenya, Madagascar, Malawi, Morocco, Namibia, Rwanda, Senegal and South Africa. According to the study, the dairy industry in Kenya is one of the largest and sophisticated in Africa. With an estimated 5 billion litres of milk produced in the country, the dairy industry is an important player in the economic and nutritional aspects of the Kenyan population. In some nations of Africa such as Ethiopia, Somalia and Morocco, the market of dairy products is highly unstable due to current political instability and lack of government regulations in milk and dairy product market such as flavored milk, yogurt, butter and cheese.
For each product type, the dairy product market size for the period of 2010-2021 along with growth rates and shares of the overall market and different product segments for the given period is also outlined in detail. The report also covers market dynamics including drivers, restraints opportunities, and trends expected to influence the African dairy product market growth during the period of 2017 to 2021. The study further also identifies the key market players in Africa providing best dairy products. The market is currently dominated by the organized players such as Danone, Clover, Parmalat, Nestle, Unilever.
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