Latest
industry research report on: South Africa’s UHT Milk Market |
Industry Size, Share, Research, Reviews, Analysis, Strategies,
Demand, Growth, Segmentation, Parameters, Forecasts
Apprehending the forecast of
South
Africa’s UHT milk market
depends upon the in-depth analysis of the market, and assessment of
factors that shall impact the values estimated in the report. Among
such factors, Persistence Market Research stresses the importance of
increasing population in South Africa. The exploding population rate
in South Africa has urged higher consumption of UHT milk products.
The country’s meek cold-storage or cold-chain infrastructure has
fostered higher preference to UHT milk, since it can be stored for a
longer period of time. With the surging population, South Africa’s
UHT milk market is also projected to be influenced by the gaining
pace of urbanization in the country.
Compared to other regions,
South Africa’s UHT milk market will be enduring a steadfast growth
in the forecast period of 2014 to 2019 (considering 2013 as the base
year for estimation and calculation of market values). China’s UHT
milk consumption contributes 70% of the gross milk consumption in the
country, while Australia demonstrates a promising future for
suppliers of UHT milk. Dietary trends in the European regions have
rendered them the largest regional market in the global UHT milk
market.
Since
UHT milk is an optimum alternative for proactive consumers such as
sportsmen, armed forces, and even hectically-busy urban employees,
South Africa is projected to attain rising demands during the
forecast period. A crucial factor driving the UHT milk market in
South Africa is increasing acceptability and keen participation of
established milk distributors towards milk products. The school
feeding program implemented across South Africa are supplementing the
country’s UHT milk consumption among children and school personnel
from different provinces. Nonetheless, the report indicates how the
prevalence of powdered milk is hampering the consumption in UHT milk
market in South Africa. Furthermore, the soaring rivalry among milk
manufacturers is hiking the prices at which UHT milk is available for
common consumers in South Africa.
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The report also illustrates that since South Africa is a developing
region, raw milk is still considered highly-nutritional and
preferable against UHT milk. Retail stores and multi-brand
convenience stores, malls, and hypermarkets, are also promoting UHT
milk as an enhanced nutritional milk, which is slated to impact the
growth of South Africa’s UHT milk market.
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Research Methodology
To deduce the South Africa’s
UHT milk market size, the report considers various aspects based on
secondary research. Furthermore, key data points such as region-wise
split and market split by product types, distribution channels, and
provinces; and qualitative inputs from primary respondents have been
incorporated to arrive at appropriate market estimates. The forecast
presented in the report assesses the total revenue generated and
expected revenue contribution in the South Africa’s UHT milk
market.
The report begins with sizing
the market in terms of value and volume for the base year, which
forms the basis for forecasting how the market is anticipated to take
shape in the near future. Given the characteristics of the market,
gathered data is triangulated via different analysis based on supply
side and demand side drivers and other key dynamics of the South
Africa’s UHT milk market. To develop the market forecast,
Persistence Market Research has also conducted a factor analysis to
understand the impact of various forces/factors on the target market.
The report provides forecasts not only in terms of CAGR but also
presents a detailed analysis based on key parameters such as
Year-on-Year (Y-o-Y) growth to understand market predictability and
to identify the right opportunities.
Another key feature of this
report is an analysis of the South Africa’s UHT milk market and the
corresponding revenue forecast in terms of absolute dollar
opportunity, usually overlooked while forecasting the market.
However, absolute dollar opportunity is critical in assessing the
level of opportunity that a provider can look to achieve, as well as
to identify potential resources from a sales perspective in the South
Africa’s UHT milk market. Further, to understand key segments in
terms of their growth and overall South Africa’s UHT milk market
performance, Persistence Market Research has developed a market
attractiveness index to help providers identify existing market
opportunities in the South Africa’s UHT milk market.
Company Profiles:
Parmalat SA (Pty) Ltd.
Coega Dairy.
Clover Industries Limited.
Woodlands Dairy.
Dewfresh Products (Pty)
Ltd.
Other.
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