Africa Dairy Products Market Outlook to 2020: Ken Research

1
Africa Dairy Products Market Outlook to 2020 Ken
Research
2
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.
3
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
Porters 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.
4
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.
5
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.
6
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.
7
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
8
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 Porters 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
9
For more information about the publication, refer
to below link https//www.kenresearch.com/food-b
everage-and-tobacco/dairy-products/africa-dairy-pr
oducts-market-report/60302-11.html Contact
Us Ken ResearchAnkur Gupta, Head Marketing
CommunicationsAnkur_at_kenresearch.com91-901537824
9
10
(No Transcript)