Milk Substitutes - Central Africa

Central Africa

Highlights

Revenue in the Milk Substitutes market amounts to US$15.66m in 2024. The market is expected to grow annually by 23.16% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$10bn in 2024).
In relation to total population figures, per person revenues of US$0.16 are generated in 2024.
In the Milk Substitutes market, volume is expected to amount to 9.89m kg by 2029. The Milk Substitutes market is expected to show a volume growth of 14.6% in 2025.0.
The average volume per person in the Milk Substitutes market is expected to amount to 0.0kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Milk Substitutes Market in Central Africa's Dairy Products & Eggs Market is experiencing considerable growth, driven by factors like increasing health awareness and the convenience of online services. This growth is impacted by the rising demand for dairy alternatives due to lactose intolerance and plant-based diets.

Customer preferences: With a growing focus on sustainability and ethical sourcing, consumers in Central Africa are increasingly gravitating towards plant-based milk substitutes, such as soy, almond, and coconut milk. This trend is driven by concerns over animal welfare and environmental impact, as well as a rise in lactose intolerance and dairy allergies. As a result, companies are expanding their offerings in the Milk Substitutes Market to cater to this growing demand.

Trends in the market: In Central Africa, the Milk Substitutes Market of the Dairy Products & Eggs Market within The Food market is experiencing a shift towards plant-based alternatives, driven by consumer demand for healthier and more sustainable options. This trend is expected to continue, with the market projected to grow at a CAGR of 8.2% from 2020 to 2025. This presents opportunities for industry stakeholders to diversify their product offerings and tap into the growing demand for non-dairy options. Additionally, the rise of e-commerce and online grocery shopping in the region is expected to further boost the market, as consumers have easier access to a wider range of products. However, the lack of regulatory frameworks and infrastructure in some countries may pose challenges for market growth. Overall, the trajectory of these trends highlights the potential for growth and innovation in the Milk Substitutes Market in Central Africa.

Local special circumstances: In Central Africa, the Milk Substitutes Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the region's agricultural landscape. With a large number of small-scale farmers using traditional methods, the market is characterized by a high demand for locally-sourced products. Additionally, cultural preferences for dairy-free and plant-based alternatives have led to the adoption of milk substitutes made from indigenous plants, creating a unique market segment in the region. Regulatory barriers and limited access to technology also play a significant role in shaping the market dynamics, with local companies focusing on innovative and affordable solutions to cater to the diverse consumer base.

Underlying macroeconomic factors: The Milk Substitutes Market of the Dairy Products & Eggs Market within The Food market in Central Africa is affected by macroeconomic factors such as economic stability, government policies, and consumer purchasing power. Countries with stable economies and supportive government policies tend to see higher market growth compared to those with economic challenges and limited support for the dairy industry. Additionally, the rising demand for dairy alternatives due to health and environmental concerns is driving the growth of the milk substitutes market in Central Africa. With a growing population and increasing urbanization, the demand for convenient and healthy food options is expected to further drive the growth of the milk substitutes market in the region.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.