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Africa Dairy Based Beverages Market Report and Forecast 2024-2032
Market Report I 2023-11-14 I 182 Pages I EMR Inc.
Africa Dairy Based Beverages Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the Africa dairy based beverages market is projected to grow at a CAGR of 2.23% between 2024 and 2032. Aided by adoption of healthy eating and drinking habits and rising availability of the product across various distribution channels, the market is expected to grow significantly by 2032.
Dairy-based beverages, encompassing products such as yoghurt drinks, milkshakes, lassis, and flavoured milk, are deeply rooted in various African cultures and cuisines. They not only serve as refreshing drinks but also carry significant health benefits, primarily due to their calcium and protein content. Such beverages are pivotal in aiding bone health, ensuring digestion, and providing essential vitamins and minerals to consumers.
The escalating Africa dairy based beverages market demand can be attributed to a myriad of factors. The foremost is the nutritional component of these beverages. The urban and younger population of Africa is becoming increasingly health-conscious, gravitating towards drinks that offer both taste and health benefits. Dairy-based beverages, rich in essential nutrients, cater perfectly to this demand.
Further propelling the Africa dairy based beverages market growth is the ease of consumption offered by these beverages. In a fast-paced world, consumers are on the lookout for products that can be consumed on-the-go without much hassle. Dairy-based beverages, with their convenient packaging and single-serve sizes, align well with the urban African lifestyle.
Moreover, innovation is playing a critical role in this market's trajectory. Manufacturers are introducing a variety of flavours and fortified products - from chocolate and strawberry to those enriched with vitamins and minerals. This constant innovation is not only retaining the interest of existing consumers but also attracting new ones, broadening the Africa dairy based beverages market share.
Manufacturers are experimenting with dairy alternatives like almond, soy, and oat to cater to this emerging consumer base. Such innovative products, while retaining the texture and richness of traditional dairy beverages, are hypoallergenic and cater to vegan consumers.
The dairy industry's advancements in Africa also support the dairy-based beverage sector. Enhanced cold storage facilities, better logistics, and increased dairy production are ensuring that manufacturers have consistent access to quality raw materials. This guarantees the production of high-quality beverages, bolstering consumer trust and fostering Africa dairy based beverages market expansion.
Market Segmentation
The market can be divided based on type, category, distribution channel, and country.
Market Breakup by Type
- Milk
- Yogurt
- Others
Market Breakup by Category
- Unflavoured Drinks
- Flavoured Drinks
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Speciality Stores
- Online
- Others
Market Breakup by Region
- South Africa
- Egypt
- Nigeria
- Algeria
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Africa dairy based beverages market. Some of the major players explored in the report by Expert Market Research are as follows:
- Nestle S.A.
- Danone S.A.
- Clover S.A. (Pty) Ltd.
- Parmalat SA (Pty) Ltd.
- First Choice Dairy (Woodlands Dairy)
- NOMU
- Unique Dairy Products
- Chr. Hansen Holding A/S
- Fair Cape Dairies
- Lancewood Holdings Ltd.
- ButtaNutt
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Dairy Based Beverages Market Overview
8.1 Key Industry Highlights
8.2 Global Dairy Based Beverages Historical Market (2018-2023)
8.3 Global Dairy Based Beverages Market Forecast (2024-2032)
8.4 Global Dairy Based Beverages Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Africa Dairy Based Beverages Market Overview
9.1 Key Industry Highlights
9.2 Africa Dairy Based Beverages Historical Market (2018-2023)
9.3 Africa Dairy Based Beverages Market Forecast (2024-2032)
10 Africa Dairy Based Beverages Market by Type
10.1 Milk
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Yogurt
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Others
11 Africa Dairy Based Beverages Market by Category
11.1 Unflavoured Drinks
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Flavoured Drinks
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Africa Dairy Based Beverages Market by Distribution Channel
12.1 Supermarkets and Hypermarkets
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Convenience Stores
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Specialty Stores
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Online
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 Africa Dairy Based Beverages Market by Country
13.1 South Africa
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Egypt
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Algeria
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Nestle S.A.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Danone S.A.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Clover S.A. (Pty) Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Parmalat SA (Pty) Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 First Choice Dairy (Woodlands Dairy)
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 NOMU
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Unique Dairy Products
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Chr. Hansen Holding A/S
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Fair Cape Dairies
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Lancewood Holdings Ltd.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 ButtaNutt
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Dairy Based Beverages Market: Key Industry Highlights, 2018 and 2032
2. Africa Dairy Based Beverages Market: Key Industry Highlights, 2018 and 2032
3. Africa Dairy Based Beverages Historical Market: Breakup by Type (USD Million), 2018-2023
4. Africa Dairy Based Beverages Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Africa Dairy Based Beverages Historical Market: Breakup by Category (USD Million), 2018-2023
6. Africa Dairy Based Beverages Market Forecast: Breakup by Category (USD Million), 2024-2032
7. Africa Dairy Based Beverages Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
8. Africa Dairy Based Beverages Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
9. Africa Dairy Based Beverages Historical Market: Breakup by Country (USD Million), 2018-2023
10. Africa Dairy Based Beverages Market Forecast: Breakup by Country (USD Million), 2024-2032
11. Africa Dairy Based Beverages Market Structure
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