Abstract
Summary
The Middle East and Africa milk-based drinks market is expected to reach USD 375,042.20 thousand by 2030 from USD 280,993.05 thousand in 2022, growing at a CAGR of 3.8% during the forecast period of 2023 to 2030.
Market Segmentation
Middle East and Africa Milk-Based Drinks Market, By Product (Animal-Based Milk and Plant-Based Milk), Flavor (Flavored and Unflavored/Plain), Nature (Organic and Conventional), Distribution Channel (Store Based Retailer and Non-Store Retailer), Country (U.A.E., Saudi Arabia, South Africa, Egypt, Israel, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2030
Overview of Middle East and Africa Milk-Based Drinks Market Dynamics
Driver
• Growing popularity of convenience and fast-paced lifestyles
Restraint/Challenge
• Competition from plant-based alternatives
Opportunity
• Increasing favorability of vegan and plant-based dietary choices
Market Players
Some of the key market players operating in the Middle East and Africa milk-based drinks market are:
• Califia Farms, LLC
• MOOALA BRANDS, LLC.
• Chobani, LLC.
• Simple Foods Co., Ltd.
• TURM-Sahne GmbH
• Sanitarium
• Arla Foods amba
• RUDE HEALTH
• Danone S.A.
• Nestlé
• THE HERSHEY COMPANY
• Oatly Inc
• YEO HIAP SENG LTD
• Valsoia S.p.A.
• GCMMF
Table of Contents
1 INTRODUCTION 24
1.1 OBJECTIVES OF THE STUDY 24
1.2 MARKET DEFINITION 24
1.3 OVERVIEW 24
1.4 LIMITATIONS 25
1.5 MARKETS COVERED 25
2 MARKET SEGMENTATION 29
2.1 MARKETS COVERED 29
2.2 GEOGRAPHICAL SCOPE 30
2.3 YEARS CONSIDERED FOR THE STUDY 31
2.4 CURRENCY AND PRICING 31
2.5 DBMR TRIPOD DATA VALIDATION MODEL 32
2.6 MULTIVARIATE MODELING 35
2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 36
2.8 DBMR MARKET POSITION GRID 37
2.9 DBMR VENDOR SHARE ANALYSIS 38
2.10 SECONDARY SOURCES 39
2.11 ASSUMPTIONS 40
3 EXECUTIVE SUMMARY 41
4 PREMIUM INSIGHTS 43
5 MARKET OVERVIEW 44
5.1 DRIVERS 46
5.1.1 GROWING POPULARITY OF CONVENIENCE AND FAST-PACED LIFESTYLES 46
5.1.2 INCREASING CONSUMER CONSCIOUSNESS REGARDING HEALTH AND WELL-BEING 46
5.1.3 ONGOING PRODUCT INNOVATION AND THE EMERGENCE OF DISTINCTIVE AND EXOTIC FLAVORS 47
5.2 RESTRAINTS 48
5.2.1 RISING LACTOSE INTOLERANCE AND DAIRY ALLERGIES 48
5.2.2 SUPPLY CHAIN DISRUPTIONS DUE TO VARIOUS FACTORS 49
5.3 OPPORTUNITIES 50
5.3.1 INCREASING FAVORABILITY OF VEGAN AND PLANT-BASED DIETARY CHOICES 50
5.4 CHALLENGE 50
5.4.1 STRINGENT RULES AND REGULATIONS 50
6 MIDDLE EAST AFRICA MILK-BASED DRINKS MARKET BY GEOGRAPHY 52
6.1 MIDDLE EAST & AFRICA 52
7 MIDDLE EAST AFRICA MILK-BASED DRINKS MARKET: COMPANY LANDSCAPE 67
7.1 COMPANY SHARE ANALYSIS: MIDDLE EAST AFRICA 67
7.2 PARTNERSHIPS AND ACQUISITION 68
7.3 BUSINESS EXPANSION 68
7.4 NEW PRODUCT LAUNCH 69
8 SWOT ANALYSIS 70
9 COMPANY PROFILES 71
9.1 OATLY INC 71
9.1.1 COMPANY SNAPSHOT 71
9.1.2 REVENUE ANALYSIS 71
9.1.3 COMPANY SHARE ANALYSIS 72
9.1.4 PRODUCT PORTFOLIO 72
9.1.5 RECENT DEVELOPMENT 73
9.2 DANONE S.A 74
9.2.1 COMPANY SNAPSHOT 74
9.2.2 REVENUE ANALYSIS 74
9.2.3 COMPANY SHARE ANALYSIS 75
9.2.4 PRODUCT PORTFOLIO 75
9.2.5 RECENT DEVELOPMENTS 75
9.3 ARLA FOODS AMBA 76
9.3.1 COMPANY SNAPSHOT 76
9.3.2 COMPANY SHARE ANALYSIS 76
9.3.3 PRODUCT PORTFOLIO 77
9.3.4 RECENT DEVELOPMENT 77
9.4 NESTLÉ 78
9.4.1 COMPANY SNAPSHOT 78
9.4.2 REVENUE ANALYSIS 79
9.4.3 COMPANY SHARE ANALYSIS 79
9.4.4 PRODUCT PORTFOLIO 80
9.4.5 RECENT DEVELOPMENTS 80
9.5 GCMMF 81
9.5.1 COMPANY SNAPSHOT 81
9.5.2 COMPANY SHARE ANALYSIS 81
9.5.3 PRODUCT PORTFOLIO 82
9.5.4 RECENT DEVELOPMENTS 82
9.6 CALIFIA FARMS, LLC 83
9.6.1 COMPANY SNAPSHOT 83
9.6.2 PRODUCT PORTFOLIO 83
9.6.3 RECENT DEVELOPMENTS 83
9.7 CHOBANI, LLC 84
9.7.1 COMPANY SNAPSHOT 84
9.7.2 PRODUCT PORTFOLIO 84
9.7.3 RECENT DEVELOPMENTS 84
9.8 MOOALA BRANDS, LLC 85
9.8.1 COMPANY SNAPSHOT 85
9.8.2 PRODUCT PORTFOLIO 85
9.8.3 RECENT DEVELOPMENTS 86
9.9 RUDE HEALTH 87
9.9.1 COMPANY SNAPSHOT 87
9.9.2 PRODUCT PORTFOLIO 87
9.9.3 RECENT DEVELOPMENTS 87
9.10 SANITARIUM 88
9.10.1 COMPANY SNAPSHOT 88
9.10.2 PRODUCT PORTFOLIO 88
9.10.3 RECENT DEVELOPMENTS 89
9.11 SIMPLE FOODS CO., LTD 90
9.11.1 COMPANY SNAPSHOT 90
9.11.2 PRODUCT PORTFOLIO 90
9.11.3 RECENT DEVELOPMENTS 90
9.12 THE HERSHEY COMPANY 91
9.12.1 COMPANY SNAPSHOT 91
9.12.2 REVENUE ANALYSIS 91
9.12.3 PRODUCT PORTFOLIO 92
9.12.4 RECENT DEVELOPMENT 92
9.13 TURM-SAHNE GMBH 93
9.13.1 COMPANY SNAPSHOT 93
9.13.2 PRODUCT PORTFOLIO 93
9.13.3 RECENT DEVELOPMENTS 93
9.14 VALSOIA S.P.A 94
9.14.1 COMPANY SNAPSHOT 94
9.14.2 REVENUE ANALYSIS 94
9.14.3 PRODUCT PORTFOLIO 95
9.14.4 RECENT DEVELOPMENT 95
9.15 YEO HIAP SENG LTD 96
9.15.1 COMPANY SNAPSHOT 96
9.15.2 REVENUE ANALYSIS 96
9.15.3 PRODUCT PORTFOLIO 97
9.15.4 RECENT DEVELOPMENTS 97
10 QUESTIONNAIRE 98
11 RELATED REPORTS 100