Ethiopia Milk Market 2024

Description

According to the latest research, the milk market in Ethiopia is poised to grow by USD 321.5 million during 2024-2029, progressing at a CAGR of 13.3% during the forecast period. The Ethiopia milk market is driven by increasing urbanization and a shift towards modern retail formats, which are making dairy products more accessible to a broader segment of the population. As more consumers move to urban areas, there is a growing preference for packaged milk products that offer convenience and safety. Additionally, rising disposable incomes are enabling consumers to spend more on quality dairy products, including fortified and flavored milk. The government’s efforts to improve the local dairy industry through investments in infrastructure and support for small-scale farmers are also contributing to the market’s growth, ensuring a more stable supply of milk to meet rising demand.

This report provides a thorough assessment of the Ethiopia 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 Ethiopia 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 Ethiopia milk market is segmented on the basis of product, and distribution channel. Based on product, the milk market in Ethiopia is categorized into cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, and powdered milk. On the basis of distribution channel, the milk market in Ethiopia 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 Ethiopia milk market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Ethiopia milk market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Ethiopia milk market with informed projections.

Table of Contents

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

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