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Uganda Dairy Products Market Outlook to 2020 - High Demand for Flavor Milk and Ice Cream in Uganda by Ankur Gupta
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Uganda Dairy Products Market Outlook to 2020 - High Demand for Flavor Milk and Ice Cream in Uganda by ANKUR GUPTA
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| Article Posted: 11/22/2016 |
| Article Views: 227 |
| Articles Written: 1063 - MORE ARTICLES FROM THIS AUTHOR |
| Word Count: 623 |
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Uganda Dairy Products Market Outlook to 2020 - High Demand for Flavor Milk and Ice Cream in Uganda |
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Food & Beverages
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Uganda Dairy Products Market Outlook to 2020 – High Demand for Flavor Milk and Ice Cream in Uganda is Projected to Spur the Dairy Market” provides a comprehensive analysis of the dairy product market in Uganda. 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 mark et 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 Uganda dairy product market has also been discussed along with recommendations from analyst view. Uganda is the tenth most populated nation of Africa but due to lower GDP growth rate compared to other developed or developing nations in Africa, the percentage revenue contribution of Uganda to overall dairy product market in the nation is low calculated around ~% in 2015. In historical period, the Uganda dairy product market has witnessed the growth at a CAGR of ~% in its local currency from UGX ~ million in 2013 to UGX ~ million in 2015. However, falling average exchange rate of UGX compare to USD from 0.0003 in 2013 to 0.0002 in 2015, the dairy product market in Uganda has shown a negative CAGR of ~% in terms of USD with market revenues declining from USD ~ million in 2013 to USD ~ million in 2015. From the various dairy product categories, processed milk contributed highest revenue share of ~% in 2015 owing to its increased demand as an effect of government effort to remove problem of malnutrition in the country. It has been observed that one third of the children in Uganda are stunted and under-nutrition is a reason for 60% of the deaths of children under five. Yoghurt captured ~ position in the market and is also observed to record growth at a high CAGR of ~% in terms of USD in between 2013 and 2015 with revenues inclining from USD ~ million in 2013 to USD ~ million in 2015. Presence of recognized and unrecognized yoghurt processors in the market which have well established distribution network and are involved in continuous launch of innovative products in the market is the major factor which has fuelled the demand for yoghurt in Uganda. Many giant global dairy product market players and processors have their presence in Uganda due to presence of cheap labor resulting which the dairy product market for the various product categories is more than ~% organized. The ice cream market in Uganda is observed to be dominated by Glacier Product Ltd. with revenue share of ~% in 2015. The yoghurt and cheese market in Uganda is dominated by Brookside Dairy and Paramount Cheese. Brookside Dairy is also observed to dominate the milk powder market in 2015 and the company also holds ~ dominating position in butter market. The company is estimated to capture ~% market in butter market in 2015. Wide distribution network in Uganda and the acquisition of SALL helped Brookside Dairy in strengthening its position in the Uganda dairy product market. Key Topics Covered in the Report: The market size of Uganda Dairy Product Market Market segmentation of Uganda Dairy Product Market on the basis of Products Trends and Developments in Uganda Dairy Product Market Regulatory Framework of Uganda Dairy Product Market Competitive Landscape and Detailed Company Profiles of the Major Market Players Future Outlook and Projections of Uganda Dairy Product Market Analyst Recommendations Macro-Economic Factors Impacting the Uganda Dairy Product Market
Related Articles -
Yoghurt Demand Uganda, Yoghurt Market Developments Uganda, Yoghurt Industry Uganda,
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