Milk - Mozambique | Statista Market Forecast

Milk - Mozambique

Mozambique

Highlights

Revenue in the Milk market amounts to US$144.50m in 2024. The market is expected to grow annually by 5.32% (CAGR 2024-2029).
In global comparison, most revenue is generated India (US$71bn in 2024).
In relation to total population figures, per person revenues of US$4.14 are generated in 2024.
In the Milk market, volume is expected to amount to 137.20m kg by 2029. The Milk market is expected to show a volume growth of 1.4% in 2025.0.
The average volume per person in the Milk market is expected to amount to 3.7kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Milk Market in Mozambique has been experiencing minimal growth, influenced by factors such as low consumer awareness, inadequate infrastructure, and limited access to technology. Despite these challenges, the market is projected to expand due to increasing demand for dairy products and rising population.

Customer preferences: Consumers in Mozambique are increasingly opting for locally sourced and organic milk products, driven by a growing awareness of the benefits of natural and sustainable food choices. This trend is also fueled by a rise in health-consciousness and a desire for fresher and more nutritious options. Additionally, there is a growing preference for specialized dairy products, such as lactose-free and plant-based milk alternatives, catering to dietary restrictions and preferences. This shift towards natural and specialized dairy options reflects a larger global trend towards conscious consumption and personalized nutrition.

Trends in the market: In Mozambique, the Milk Market of the Dairy Products & Eggs Market within The Food market is experiencing a shift towards organic and locally sourced milk products. This trend is driven by consumer demand for healthier and sustainable options. The trajectory of this trend is expected to continue as more consumers become aware of the benefits of organic products. For industry stakeholders, this presents an opportunity to invest in sustainable and ethical practices to meet the growing demand. Additionally, this trend could potentially lead to increased competition among players in the market.

Local special circumstances: In Mozambique, the Milk Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's geographical landscape. With a large rural population and limited access to refrigeration, traditional milk production and consumption methods are prevalent. Additionally, government regulations play a significant role in shaping the market, with strict standards and quality control measures in place. This has led to the emergence of small-scale dairy cooperatives and niche markets for organic and artisanal dairy products. These unique factors contribute to the market's dynamics and set it apart from other markets in the region.

Underlying macroeconomic factors: The Milk Market of the Dairy Products & Eggs Market within The Food market in Mozambique is heavily influenced by macroeconomic factors such as economic growth, consumer spending, and government policies. The country's growing population and increasing disposable income are driving the demand for dairy products and eggs, leading to market growth. Additionally, favorable government policies and investments in the agriculture sector are supporting the development of the dairy industry in Mozambique. Furthermore, global economic trends, such as the rise in health consciousness and demand for healthier food options, are also contributing to the growth of the milk market in the country. These factors are expected to continue driving the market in the coming years, making Mozambique a promising market for dairy products and eggs.

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.