In pastoral areas, the impact of the drought on livestock has led to a lack of access to milk thereby increasing the consumption of milk powder.
Low Milk Quality: Poor milking hygiene practices (both on-farm and post-farmgate) leads to inferior quality production. Unsatisfactory management practices and cold chain logistics can be a cause of irregular training and uninformed farmers who carry lesser knowledge on operational procedures. More number of milk cooling units can be placed in proximity to farmers in their villages with an objective to fill this gap
Increase in Imports: Demand of powdered milk, especially whole and skimmed milk powder increased among food processors and manufacturers thus, leading to sharp increase in the imports from Middle East and Europe. Further due to seasonal fluctuations, delayed and sporadic rainfall is jeopardizing livelihoods and food security of thousands of Somali families. In pastoral areas, the impact of the drought on livestock has led to a lack of access to milk thereby increasing the consumption of Concentrated Milk.
Increase in Households: Increase in Population (15.4 million in 2019 from 13.7 million in 2014) and increasing adoption as an alternative to milk has boosted the sales. The development of advanced technologies in milk powder is driving the attention of the people towards the consumption of milk powder. The escalating preference for organic variants and clean label products that are free from additives, artificial preservatives or chemicals is acting a major growth-inducing factor.
Due to the demand supply gap of fresh liquid milk, majority of the milk powder is reconstituted into liquid milk and is widely used in Somalia because of reduced transport and storage costs (reduced bulk and weight, no refrigerated vehicles).
Smaller packaging i.e. single serving sizes gained traction among smaller household sizes as consumer started demanded products which can consumer on-the-go. Increasing health and wellness awareness coupled with expansion among distribution channels such as convenience stores, supermarket and hypermarket chains have boosted the sales.
The report titled “Somalia Milk Powder Market Outlook to 2025 –Increasing Demand-Supply Gap for fresh milk due to Seasonal Fluctuations and Higher Shelf Life for Milk Powder to Drive Market Growth” by Ken Research suggested that the concentrated milk market is further expected to grow in the near future owing to its nutritional value and convenient usage. Presence of numerous small and large manufacturers who compete in terms of prices and quality along with the initiatives taken by the government regarding the quality standard are increasing the sales. The market is expected to register a positive six year CAGR of 6.2% in terms of revenue during the forecast period 2019-2025F.
Key Segments Covered in Somalia Milk Powder Market: –
By Type of Milk Powder
Whole Milk Powder
Skimmed Milk Powder
By Application
Nutritional Foods
Infant Formula
Confectionaries
Others (Ice Creams, Chocolates, Bakeries and several other applications)
By Distribution Channel
Supermarket & Hypermarkets
Mom & Pop stores
Online
By Market Type
Unorganized
Organized
Key Target Audience
Milk Powder Repackaging Companies
Milk powder Manufacturers
Concentrated Milk Traders
Time Period Captured in the Report:
Historical Period: 2014-2019
Forecast Period: 2019–2025
Companies Covered:
Brookside Dairy Ltd.
Sameer Agriculture and Livestock Ltd.
Nestlé
Fonterra Cooperative Group Limited
New Kenya Co-Operatives Creameries
Arla Foods
Danone
Key Topics Covered in the Report:
Need and Opportunity Landscape in Somalia
Somalia Milk Powder Market Introduction and Overview
Demand & Supply Side Ecosystem for Somalia Milk Powder Market
SWOT Analysis in Somalia Milk Powder Market
Trade Scenario in Somalia Milk Powder Market
Industry Analysis (Porter’s Five Forces Analysis)
Cost of Setting up a Milk Powder Production Plant in Somalia
Cost of Setting up Repackaging Plant in Somalia
Comparative Landscape – Somalia Milk Powder Market
Recommendations / Success Factors
Research Methodology
Appendix
For More Information on the research report, refer to below link:
Somalia Milk Powder Market Growth
Related Reports by Ken Research: –
Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
