High Demand for Ice Cream and Yoghurt in Nigeria among Youths is Projected to Augment Nigeria Dairy Product Market: Ken Research

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High Demand for Ice Cream and Yoghurt in Nigeria
among Youths is Projected to Augment Nigeria
Dairy Product Market Ken Research
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• Nigeria has a presence of both global giants like
  Clover, and Danone and local players such as CHI
  Ltd, making easy availability of dairy products
  across the country.
• Milk Powder was the major revenue contributor in
  Nigeria dairy product market in 2015 owing to the
  long time imperishable nature of the product to
  fight against long power cuts.

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Ken Research announced its latest publication on
Nigeria Dairy Products Market Outlook to 2020 -
Launch of Innovative Dairy Products in Nigeria to
Boost Dairy Products Market provides a
comprehensive analysis of the dairy product
market in Nigeria. 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. The study also enlists the key market
indicators which include consumption per capita,
total consumption and production, average per
unit and price, and import and export data by
value and by quantity. Trends and developments
and regulatory framework are also added in the
study for clear understanding about the factors
responsible for present scenario of the market.
The future analysis of overall Nigeria dairy
product market has also been discussed along with
recommendations from analyst view.
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Presence of large proportion of youths and
children in the nation and ice cream being
favorite food of this age population is the major
factor responsible for high demand of ice cream
in the nation. It has been observed that about
half of the population of Nigeria is made of
youth in 2014 defined as individual of age 15 to
34 years of age. The statistics coupled with fact
of the fondness among this age clearly advocates
the reason behind growth of ice cream market in
Nigeria. Moreover, high investment by major
market players in the country had also supported
the growth of ice cream in the nation. For
instance, UAC Foods invested more than USD 6.0
million over its ice cream production facility in
between 2010 to 2015, which resulted in easy
availability of different flavors in the market.
However, high prevalence of diabetes in the
nation restrains the ice cream market in Nigeria
as sugar content present in ice cream is
considered very high for diabetic people.
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• Milk consumption is low in Nigeria due to which
  consumption per capita of various other dairy
  products is also low. In order to strengthen the
  position in the Nigeria dairy product market, the
  established players are recommended to increase
  consumption rate by promoting their various dairy
  products at school, colleges and other public
  places in the region and via other marketing
  activities such as advertisements, discounts,
  promotional sales and CSR campaigns. according
  to Research Analyst, Ken Research.
• Key Topics Covered in the Report
• The market size of Nigeria Dairy Product Market
  by Revenues
• Market Segmentation of Nigeria Dairy Product
  Market Segmentation by Products Processed Milk,
  Yoghurt, Cheese, Butter, Ice Cream, Flavored
  Milk, and Milk Powder
• Per Capita Consumption, Prices, Production,
  Sales, Demand, Import and Export Volume of Dairy
  Products
• Trends and Developments in Nigeria Dairy Product
  Market
• Regulatory Landscape of Nigeria Dairy Product
  Market

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• Competitive Landscape and Detailed Company
  Profiles of the Major Market Players
• Future Outlook and Projections of Nigeria Dairy
  Product Market
• Analyst Recommendations
• Macro-Economic Factors Impacting the Nigeria
  Dairy Product Market
• Nigeria Dairy Market
• Yoghurt Sales Nigeria
• Dairy Demand in Nigeria
• Nigeria Export Milk Power
• Milk Powder Sales in Nigeria
• Milk Consumption in Nigeria
• Nigeria Butter Consumption
• Nigeria Flavoured Milk Demand
• Production Milk Powder in Nigeria
• Nigeria Spoon Able Yoghurt Industry
• Export Volumes Dairy Products Nigeria
• Nigeria Milk Market Development Trends
• Nigeria Milk Powder Companies Market Share

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• Key Products Mentioned in the Report
• Processed Milk, Yoghurt, Cheese, Butter, Ice
  Cream, Milk Powder, Flavored Milk
• Key Market Players Covered in the Report
• Chi Ltd, Clover Industries Limited, Danone SA
  (Pty) Ltd, Brookside Dairies Ltd, Friesland
  Campine Wamco, Fan Milk, Peak Milk, and Bobo Food
  and Beverages, PZ Cuzzons, UAC Foods, Fan Milk,
  Provita Vitaforce Limited, Viju Industries
• For more information about the publication, refer
  to below link
• https//www.kenresearch.com/food-beverage-and-toba
  cco/dairy-products/nigeria-dairy-market-report/603
  05-11.html

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search-report/646-11.html Contact UsKen
ResearchAnkur Gupta, Head Marketing
CommunicationsAnkur_at_kenresearch.com91-901537824
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