Angola Milk Market 2024

Description

The milk market in Angola is likely to register a CAGR of over 12.6% with an incremental growth of USD 231.4 million during the forecast period 2024-2029. The Angola milk market is driven by increasing consumer demand for higher-quality dairy products, spurred by rising disposable incomes and a growing middle class. As living standards improve, there is a greater emphasis on nutritional value and product quality, leading to a shift towards premium and fortified milk products. Additionally, government efforts to modernize the agricultural sector, including investments in dairy farming infrastructure and technology, are boosting local milk production. These initiatives are aimed at reducing dependency on imports and ensuring a stable, high-quality supply of milk to meet the evolving consumer preferences in the country.

This report provides a thorough assessment of the Angola milk industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product, and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the milk industry.

Market Segmentation

The milk market in Angola is categorized into the following segments:
Product: cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, powdered milk
Distribution channel: supermarkets and hypermarkets, small grocery stores, foodservice channels, others

The Angola milk market is segmented on the basis of product, and distribution channel. On the basis of product, the milk market in Angola has been segmented into cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, and powdered milk. By distribution channel, the milk market in Angola has been segmented into supermarkets and hypermarkets, small grocery stores, foodservice channels, and others.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Angola milk market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Angola milk market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Angola milk market with informed projections.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewAngola milk market – product analysis
Angola milk market – distribution channel analysis
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Angola milk market 2019-2029
Chart Angola milk market, net growth, 2019-2029
Chart Angola milk market, growth rates, 2019-2029
Table Angola milk market by product, 2019-2029
Chart Angola milk market by product, CAGR historic and forecast, 2019-2029
Chart Angola milk market by product, 2019-2029
Table Angola milk market by distribution channel, 2019-2029
Chart Angola milk market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Angola milk market by distribution channel, 2019-2029
Table Angola – population (millions) and forecast
Table Angola – consumer price index (CPI) and forecast
Table Angola – gross domestic product and forecast
Table Angola milk market: spend as a proportion of GDP (%)
Table Angola milk market: consumption per capita (population)