Africa Dairy Based Beverages Market Report and Forecast 2024-2032

Africa Dairy Based Beverages Market Outlook

The Africa dairy based beverages market size is projected to grow at a CAGR of 3.80% between 2024 and 2032. The major market drivers include adoption of healthy eating and drinking habits to optimise individual health and rising availability of the product across various distribution channels.

Key Trends in the Market

Dairy based beverages refer to beverages obtained from milk and milk products such as whey, buttermilk, and yogurt. These beverages are packed with nutrients including proteins, calcium, vitamin D, phosphorus, potassium, and vitamin B12, among others.

• Changing eating and drinking habits due to increasing interests in improving and maintaining health is a key trend aiding the Africa dairy based beverages market growth. The desire to optimise individual health without relying on pharmaceuticals is boosting the consumption of dairy based beverages in Africa due to their diverse nutritional profile.

• The thicky and creamy texture of dairy based beverages enhances their gustatory appeal, increasing their popularity among the African population. Moreover, the availability of these beverages in various flavours caters to the diverse needs of the regional population.

• The growing awareness about the various benefits associated with the consumption of dairy based probiotic beverages is further aiding the market expansion. Amasi, a fermented milk beverage comprising of valuable probiotics is widely consumed in Africa, due to its tart and milky flavour and high protein, iron, magnesium, and calcium content.

Africa Dairy Based Beverages Market Analysis

Based on type, the market is divided into milk and yogurt, among others. On the basis of category, the market is bifurcated into unflavoured drinks and flavoured drinks. Based on distribution channel, the market is categorised into supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others. On the basis of country, the Africa dairy based beverages market segmentation includes South Africa, Egypt, Nigeria, and Algeria, among others.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• Nestlé 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

Market Share by Type

Milk is anticipated to account for a significant Africa dairy based beverages market share. Milk based beverages are widely consumed in the country owing to the availability of a diverse range of flavours. Furthermore, consumption of milk is associated with healthy bones as they are rich in calcium, potassium, and phosphorus, among others. Regular consumption of beverages derived from milk lowers the risk of fractures and osteoporosis.

Market Share by Category

The demand for flavoured drinks is expected to witness significant growth over the forecast period. Incorporation of flavours such as cinnamon, cardamom, and hazelnut in dairy based beverages enhance their taste and provides a new twist to the traditional beverages. Additionally, the availability of the product across various distribution channels along with the introduction of novel flavours is also anticipated to boost the Africa dairy based beverages market demand.

Competitive Landscape

Nestlé S.A., headquartered in Vaud, Switzerland is a food and beverage manufacturing company that was founded in 1866. The company specialises in production of confectionary, dairy based beverages, frozen foods, and ice creams, among others.

Danone S.A., a food and beverage company, is headquartered in Barcelona, Spain and was established in 1919. The company is involved in the production of dairy based beverages, plant-based products, bottled water, and medical nutrition, among others.

Clover S.A. (Pty) Ltd. is a food and beverage manufacturing company the produces non-dairy and dairy consumer products, distributes speciality and chilled products, and offers merchandising and sales services for consumer goods.

Other Africa dairy based beverages market key players include Parmalat SA (Pty) Ltd., First Choice Dairy (Woodlands Dairy), NOMU, Unique Dairy Products, Chr. Hansen Holding A/S, Fair Cape Dairies, Lancewood Holdings Ltd., and ButtaNutt, among others.

Key Highlights of the Report