Milk Substitutes - Mauritius

Mauritius

Highlights

Revenue in the Milk Substitutes market amounts to US$1.56m in 2024. The market is expected to grow annually by 18.85% (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$1.20 are generated in 2024.
In the Milk Substitutes market, volume is expected to amount to 1.16m kg by 2029. The Milk Substitutes market is expected to show a volume growth of 15.9% in 2025.0.
The average volume per person in the Milk Substitutes market is expected to amount to 0.5kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Milk Substitutes Market in Mauritius is experiencing steady growth, driven by factors such as rising health consciousness among consumers and the convenience of online shopping for dairy products. This market is expected to continue growing at an average rate due to increasing demand for plant-based alternatives and the introduction of new products.

Customer preferences: As health and wellness continue to gain importance among consumers, there is a growing trend towards plant-based diets, leading to an increase in demand for milk substitutes. This is driven by factors such as ethical and environmental concerns, as well as health considerations. Additionally, with the rise of lactose intolerance and dairy allergies, alternative milk options are becoming more popular among consumers in Mauritius.

Trends in the market: In Mauritius, the Milk Substitutes Market of the Dairy Products & Eggs Market within The Food market is witnessing a rise in demand for plant-based milk alternatives such as almond, soy, and oat milk. This trend is driven by increasing health consciousness, sustainability concerns, and lactose intolerance. The market is projected to continue its upward trajectory, with industry stakeholders investing in research and development of new and innovative milk substitutes. This presents opportunities for local dairy farmers to diversify their production and for retailers to expand their product offerings to cater to the changing consumer preferences.

Local special circumstances: In Mauritius, the Milk Substitutes market is heavily influenced by the country's small land area and limited agricultural resources. This has led to a high demand for imported dairy products, including milk substitutes. Additionally, cultural and religious factors, such as the large Hindu population that avoids consuming beef, have also played a role in the popularity of milk substitutes in the country. Furthermore, government regulations promoting healthy and sustainable food consumption have led to a growing interest in plant-based milk alternatives, driving the growth of the Milk Substitutes market in Mauritius.

Underlying macroeconomic factors: The Milk Substitutes Market of the Dairy Products & Eggs Market within The Food market in Mauritius is greatly influenced by macroeconomic factors such as national economic health, global economic trends, fiscal policies, and other financial indicators. The country's stable economy and favorable regulatory environment have led to an increase in demand for milk substitutes, as consumers become more health-conscious. Additionally, the rising prevalence of lactose intolerance and the growing vegan population are also contributing to the growth of this market. The increasing availability of alternative plant-based milk options and the government's focus on promoting sustainable and environmentally-friendly products are also driving market growth. However, the high cost of milk substitutes and limited consumer awareness are some of the challenges hindering the market's growth.

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.