The new report by Expert Market Research titled, ‘Oman Dairy Market Report and Forecast 2022-2027’, gives an in-depth analysis of the Oman dairy market, assessing the market based on its products. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
- Historical Market Size (2020): About 241 million tons (Oman Milk Production Market)
- Forecast CAGR (2022-2027): 1.60 % (Oman Milk Production Market)
The demand for dairy products is positively affected by changing lifestyle habits, rising population, and the increasing impact of westernisation on the country’s nutritional choices. Due to the influx of people from all over the world, Oman’s shifting demographic pattern is critical for the altering food industry. In Oman, key regional players in the milk business have attempted to enhance domestic milk production in order to reduce imports. This is projected to improve the country’s dairy market growth. Furthermore, increased health awareness and a variety of beneficial choices made by major players are likely to propel Oman’s dairy market forward at a healthy rate over the forecast period.
Industry Definition and Major Segments
A dairy is a commercial operation that collects or manufactures animal milk for human use, usually from cows or buffaloes, but also from goats, dogs, horses, or camels. A dairy is usually located on a separate dairy farm or in a portion of a mixed farm that is tied to milk gathering.
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In terms of product, the market is segmented as:
- Fresh Milk
- Laban
- Milk Powder
- UHT Milk
- Yoghurt and Curd
- Cheese and Butter
- Ice-cream
- Others
Market Trends
Changing eating habits, the ongoing modernisation of the food value chain, and the burgeoning tourism industry are driving the demand for dairy products in Oman. Further, the increased health perception, expanding demand for a westernised diet, and a changing demographic pattern due to the immigration of people from various other areas are driving a shift in the country’s food habits, which is mostly driven by the growing expatriate population. These innovations are fostering the creation of a global and sustainable food economy, which is also beneficial to the dairy industry in Oman.
Key Market Players
The major players in the market are Mazoon Dairy Company, Oman Foodstuff Factory LLC, Modern Dairy Factory LLC, A’safwah Dairy, and Almarai Company, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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