West Africa Dairy Market, By Dairy Product Type (Milk, Cheese, Butter, Yoghurt, Dairy Dessert and Others), Milk Product Type (Regular, Lactose-Free, Organic and Others), Dairy Milk Type (Milk Powder, Evaporated Milk, Skimmed Milk and Ready To Drink Milk), Dairy Milk Fat Content (Whole Milk and Low Fat Milk), Dairy Milk Source (Sheep, Goat, Cow, Buffalo and Others), Dairy Milk Processing (Regular, Fortified, Ultra-High Processing (UHT) and Others), Dairy Milk Protein Variants (Casein, Whey and Others), type (Regular, Drinkable, Frozen, Greek, Spoonable and Others), Flavors (Plain and Flavored), Type (Salted, Unsalted Dipped, Clarified and Others), Method Of Preparation(Bacteria-Ripened, Mould-Ripened and Un-Ripened), Texture (Fresh, Hard and Soft), Color (Yellow, White and Blue), Form (Slice, Block/Cans, Grated, Spread and Others), Type (Ice-Cream, Custard, Cheese Based Desserts and Others), Brand (Branded and Private Label) and Distribution Channel (Store Based Retailing and Non-Store Based Retailing), Country (Ghana, Nigeria, Ivory Coast, Togo, Benin, Burkina Faso and Rest of West Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: West Africa Dairy Market
The dairy market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 2.4% in the forecast period of 2021 to 2028 and is expected to reach USD 3,287.25 million by 2028. The high demand due to health benefits and micronutrients content drives the growth of the West Africa dairy market.
Dairy is an essential food product that is widely consumed by the population across the world. In the present decade, dairy products have become a port of diet and consumed on a regular basis. Dairy industries deal with the harvesting and processing of animal milk for human consumption. Cow, buffalo, sheep, goat and camel are some of the animal sources of milk.
The rising demand of milk and milk products along with the consumption of milk is increasing in the region and drives the growth of the West Africa dairy market. The prevalence of milk allergies will hamper the growth of the West Africa dairy market. The availability of raw materials brings several opportunities for the growth of the West Africa dairy market. The low shelf-life and easily perishable products become the challenging factor for the manufacturers for the growth of the West Africa dairy market.
The dairy market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the dairy market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Dairy Market Scope and Market Size
The dairy market is segmented into seventeen segments which are based on the dairy product type, milk product type, dairy milk type, dairy milk fat content, dairy milk source, dairy milk processing, dairy milk protein variants, type, flavors, type, method of preparation, texture, color, form, type, brand and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of dairy product type, the dairy market is segmented into milk, cheese, butter, yoghurt, dairy dessert and others. In 2021, cheese segment in dairy market has the largest market share owing to the factors such as the flavors and unique taste of the product.
- On the basis of milk product type, the milk market is segmented into regular, lactose-free, organic and others. In 2021, lactose-free segment in the milk market has the largest market share due to the increasing lactose intolerance in the region.
- On the basis of dairy milk type, the dairy milk market is segmented into milk powder, evaporated milk, skimmed milk and ready to drink milk. In 2021, milk powder segment in dairy market has the largest market share due to the increasing demand of milk in the West African region.
- On the basis of dairy milk fat content, the dairy milk market is segmented into whole milk and low fat milk. In 2021, low fat segment in dairy market has the largest market share due to rising health-conscious population as compared to whole milk in the dairy.
- On the basis of dairy milk source, the dairy milk market is segmented into sheep, goat, cow, buffalo and others. In 2021, cow milk in dairy has the largest market share owing to the factors such as the abundant availability and rising demand in the dairy industry.
- On the basis of dairy milk processing, the dairy milk market is segmented into regular, fortified, ultra-high processing (UHT) and others. In 2021, regular dairy has the largest market share as it is traditional and convenient process.
- On the basis of dairy milk protein variants, the dairy milk market is segmented into casein, whey and others. In 2021, casein segment in dairy market has the largest market share owing to the factors such as the rising demand for protein-rich dairy products among the consumers.
- On the basis of type, the dairy yoghurt market is segmented into regular, drinkable, frozen, greek, spoonable and others. In 2021, drinkable segment in dairy market has the largest market share due to rising demand for convenience probiotic food among health-conscious consumers.
- On the basis of flavors, the dairy yoghurt market is segmented into plain and flavored. In 2021, plain segment in dairy market has the largest market share due to health benefits offered by the products.
- On the basis of type, the dairy butter market is segmented into salted, unsalted dipped, clarified and others. In 2021, salted segment has the largest market share due to the factors such as taste and flavors.
- On the basis of method of preparation, the dairy cheese market is segmented into bacteria-ripened, mould-ripened and un-ripened. In 2021, mould-ripened segment in dairy has the largest market share owing to the factors such as the unique taste and exotic flavors offered by the products.
- On the basis of texture, the dairy cheese market is segmented into fresh, hard and soft. In 2021, fresh segment in dairy market has the largest market share owing to the factors such as the freshness and creamy texture.
- On the basis of color, the dairy cheese market is segmented into yellow, white and blue. In 2021, white segment in dairy market has the largest market share due to the natural color of the products.
- On the basis of form, the dairy cheese market is segmented into slice, block/cans, grated, spread and others. In 2021, slice segment in dairy market has the largest market share owing to the factors such as the ease and convenience for various food products
- On the basis of type, the dairy desserts market is segmented into ice-cream, custard, cheese based desserts and others. In 2021, ice-cream segment in dairy market has the largest market share due to increasing preference among the consumers.
- On the basis of brand, the dairy market is segmented into branded and private label. In 2021, private label segment in dairy market has the largest market share owing to the factors such as low price and abundant availability.
- On the basis of distribution channel, the dairy market is segmented into store based retailing and non-store based retailing. In 2021, store based retailing segment in dairy market has the largest market share as the consumers prefers buying dairy products in stores as compared to online.
West Africa Dairy Market: Country Level Analysis
West Africa dairy market is analysed and market size information is provided by the country, dairy product type, milk product type, dairy milk type, dairy milk fat content, dairy milk source, dairy milk processing, dairy milk protein variants, type, flavors, type, method of preparation, texture, color, form, type, brand and distribution channel as referenced above.
The countries covered in the West Africa dairy market report are Ghana, Nigeria, Ivory Coast, Togo, Benin, Burkina Faso and rest of West Africa.
Ghana is dominating in the West Africa dairy market due to the rising demand of milk and milk products for the cheese segment along with the consumption of milk is increasing in the region. Nigeria is dominating with the second highest market share due to the availability of different flavors for the cheese segment in the dairy products which will stimulate the West Africa dairy market growth. Ivory Coast is dominating with the third highest market share due to the rapid urbanization and rising disposable income for the cheese segment of the population in the country.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of West Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Rising Demand of Dairy products in Food Industry
The dairy market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in dairy and changes in regulatory scenarios with their support for the dairy market. The data is available for historic period 2011-2019.
Competitive Landscape and West Africa Dairy Market Share Analysis
The dairy market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, West Africa presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to West Africa dairy market.
The major players operating in the West Africa dairy market report are Chi Limited, PZ Cussons, FrieslandCampina C.V., Promasidor, Clovers S.A. (Pty) Ltd, Bobo Food and Beverages Limited, Wynn-With Milk Farm, Fair Cape Dairies, Fonterra Co-operative Group Limited, SAVENCIA SA, Givanas group, Fan Milk, Integrated Dairies Ltd, nagarigroup, Lactalis SA, Hilmar Cheese Company, Inc., Gilman Cheese Corporation, Glanbia Plc, Arla Foods amba, Nestlé, Dairy Group (Pty) Ltd., and Dairygold Co-Operative Society Ltd among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many expansions are also initiated by the companies worldwide which are also accelerating the growth of the dairy market.
For instance,
- In March 2021, Fair Cape Dairies launched solar farm as a contribution towards environment sustainability. This will help the company to increase the milk processing and production in the African region.
Collaboration, joint ventures and other strategies by the market players is enhancing the company footprints in the dairy market which also provides the benefit for organisation in its growth pace.
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