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Middle East and Africa Dairy Alternatives Market - Growth, Trends, and Forecast (2019 - 2024)

  • ID: 4828295
  • Report
  • May 2019
  • Region: Middle East, Africa
  • 90 pages
  • Mordor Intelligence
UP TO OFF
until Mar 31st 2020
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FEATURED COMPANIES

  • Blue Diamond Growers Inc.
  • Campbell Soup Company
  • Dean Foods Company
  • Eden Foods Inc
  • Freedom Food Groups Ltd
  • Groupe Danone
  • MORE
Market Overview

Middle East and Africa Dairy Alternatives Market is projected to grow at a CAGR of 6.76% during the forecast period (2019-2024).
  • The major population in the Middle East and Africa are intolerant to Lactose sugar which is present in animal-derived dairy products, which in turn increases the demand for dairy alternatives so as to maintain the required nutritional level in the body.
  • The increasing demand for dairy alternatives among the millenial population is strongly driving the market in the region. The high cost of production associated with dairy alternatives is one of the restraining factor associated with the market.
Scope of the Report

By product type, the market is divided into food and beverage. Food has been further segmented into yogurt, cheese, frozen desserts, and other foods. Beverage has been further segregated into soy milk, almond milk, coconut milk, rice milk, and other beverages. The products are distributed to the consumers through various channels which include, supermarkets/hypermarkets, convenience store, online channel, and other distribution channels.

Key Market Trends

High consumption of Soy Beverages

Soya milk is widely consumed by the Africans and is promoted as a healthy alternative to cow's milk. Owing to bulk production of soya milk in African countries especially Nigeria and its low-cost production is strongly driving the sales of soymilk in these emerging countries. The soy milk segment is expected to dominate the South Africa dairy alternatives market with the highest market share. The soya milk holds a prominent share as its widely offered by both local players as well as global giants in the African region.

South Africa holds a prominent market share.

South Africa is one of the largest consumers of plant-derived dairy alternatives among other middle east and African countries. Soya milk and coconut milk are extensively enjoyed by the consumers in the country which is supported by increased awareness of plant-based milk along with changing dietary preferences of consumers. The increasing health concerns among the consumers has to lead to innovations in the dairy alternative products and is providing opportunities to the manufacturers to new products in the country.

Competitive Landscape

Some of the major players in the Middle East and Africa dairy alternative market include Hain Celestial, Dean Foods Company, Campbell soup company, SunOpta Inc and others. Global giants, such as Dean Foods Company (with the acquisition of Good Karma Foods), has been continuously putting efforts with innovative solutions through the launch of new products in terms of new categories, flavors, ingredient profile, etc
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Blue Diamond Growers Inc.
  • Campbell Soup Company
  • Dean Foods Company
  • Eden Foods Inc
  • Freedom Food Groups Ltd
  • Groupe Danone
  • MORE
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY
3.1 Market Overview

4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 Product Type
5.1.1 Food
5.1.1.1 Yoghurt
5.1.1.2 Frozen Desserts
5.1.1.3 Other foods
5.1.2 Beverage
5.1.2.1 Soy Milk
5.1.2.2 Almond milk
5.1.2.3 Coconut Milk
5.1.2.4 Rice Milk
5.1.2.5 Other Beverages
5.2 Distribution Channel
5.2.1 Hypermarket/Supermarket
5.2.2 Convenience Stores
5.2.3 Online Retail Channels
5.2.4 Other Distribution Channels
5.3 Geography
5.3.1 UAE
5.3.2 South Africa
5.3.3 Rest of Middle East and Africa

6 COMPETITIVE LANDSCAPE
6.1 Market Share Analysis
6.2 Most Active Companies
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Hain Celestial Group
6.4.2 Dean Foods Company
6.4.3 SunOpta Inc.
6.4.4 Campbell Soup Company
6.4.5 Blue Diamond Growers Inc.
6.4.6 Freedom Food Groups Ltd
6.4.7 Groupe Danone
6.4.8 Eden Foods Inc

7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Note: Product cover images may vary from those shown
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  • Hain Celestial Group
  • Dean Foods Company
  • SunOpta Inc.
  • Campbell Soup Company
  • Blue Diamond Growers Inc.
  • Freedom Food Groups Ltd
  • Groupe Danone
  • Eden Foods Inc
Note: Product cover images may vary from those shown
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