Ken Research announced latest market research report on “Uganda Dairy Products Market Outlook to 2020 – High Demand for Flavor Milk and Ice Cream in Uganda is Projected to Spur the Dairy Market” provides a comprehensive analysis of the dairy product market in Uganda. The report includes the market share contributed by the sales of different dairy products including processed milk, yoghurt, cheese, ice cream, butter, flavored milk and milk powder in Uganda. The study also enlists the key market indicators which include consumption per capita, total consumption and production, average per unit and price, and import and export data by value and by quantity. Trends and developments and regulatory framework are also added in the study for clear understanding about the factors responsible for present scenario of the market. The future analysis of overall Uganda dairy product market has also been discussed along with recommendations from analyst view.
The flavored milk market segment has shown a significant growth during the period due to the increasing product variety offering by the manufacturers and strong retail distribution of flavored milk in the country. Presence of large number of small and large players in the market which majorly include Sameer Agriculture and Livestock, Charms Uganda, and Jesa Farm coupled with the diverse product portfolio of these companies offering large number of flavors is the major reason which has resulted in high growth of the segment in Uganda. The retail sale volume has doubled during the period resulting which the increased per capita consumption of flavored milk in the last 3 years. The rising demand of flavored milk in nation has encouraged the manufacturers to increase the average per unit price from 2,000 Uganda shelling in 2013 to 3,000 Uganda shelling in 2015 resulting which flavor milk market has grown at a rapid pace during the historical period. Similar trend had also been observed for ice cream and butter market. Increasing product variety in the market coupled with the availability in affordable small packing are the major aspects which are helping these segments in achieving high growth.
“In order to penetrate into the Uganda dairy product market, the market players are recommended to use proper hygiene and sterilized production practices in order to earn the trust of the domestic customers in Uganda. The packaging mix should be provided to customers in affordable cost to meet the demands of people of economically sensitive country.” according to Research Analyst, Ken Research.