The milk in Cameroon market is expected to increase by USD 65.1 million, at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2029, according to the latest edition of the Milk Market in Cameroon Report. The Cameroon milk market is driven by rising urbanization and growing consumer demand for processed dairy products, particularly in major cities. As more Cameroonians shift towards urban lifestyles, there is increasing demand for convenient, packaged milk products, especially among middle-class consumers. Additionally, the government’s efforts to boost local milk production through initiatives that support dairy farming and infrastructure development are playing a key role in reducing the country’s reliance on milk imports. Increased investment in cold chain logistics and processing facilities is also enhancing the availability and quality of dairy products in the market, further fueling consumption.
The report offers a comprehensive evaluation of the Cameroon milk market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product, and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the milk industry.
Market Segmentation
The milk market in Cameroon is classified into the following segments:
Product: cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, powdered milk
Distribution channel: convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, others
The Cameroon milk market is segmented on the basis of product, and distribution channel. Based on product, the milk market in Cameroon is categorized into cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, and powdered milk. On the basis of distribution channel, the milk market in Cameroon has been segmented into convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, and others.
Competitive Landscape
The Cameroon milk market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players Savencia SA, Royal FrieslandCampina N.V., OK Foods Cameroun, NGM International B.V., Nestle S.A., Lactalis South Africa (Pty) Ltd., GIE Groupe Even, First African Company, Camlait S.A.
The report presents a detailed analysis of the Cameroon milk market, focusing on the performance of major companies between 2019 and 2023. The data offers valuable insights into market share fluctuations, identifying established leaders and the ascent of new entrants. Such information provides companies with the tools needed to enhance their strategic positioning and remain competitive, even as market conditions evolve.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Cameroon milk market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Cameroon milk market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Cameroon milk market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewCameroon milk market – product analysis
Cameroon milk market – distribution channel analysis
Key players and market share
– Savencia SA
– Royal FrieslandCampina N.V.
– OK Foods Cameroun
– NGM International B.V.
– Nestle S.A.
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Cameroon milk market 2019-2029
Chart Cameroon milk market, net growth, 2019-2029
Chart Cameroon milk market, growth rates, 2019-2029
Table Cameroon milk market by product, 2019-2029
Chart Cameroon milk market by product, CAGR historic and forecast, 2019-2029
Chart Cameroon milk market by product, 2019-2029
Table Cameroon milk market by distribution channel, 2019-2029
Chart Cameroon milk market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Cameroon milk market by distribution channel, 2019-2029
Table Cameroon milk market share (%), by companies, 2019-2023
Chart Cameroon milk market, by companies, 2023
Table Cameroon milk market share (%), by brands, 2019-2023
Chart Cameroon milk market, by brands, 2023
Table Cameroon – population (millions) and forecast
Table Cameroon – consumer price index (CPI) and forecast
Table Cameroon – gross domestic product and forecast
Table Cameroon milk market: spend as a proportion of GDP (%)
Table Cameroon milk market: consumption per capita (population)