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Sector Analysis
Consumer and Market Insights: Dairy & Soy Food in South Africa
The Dairy market in South Africa is forecast to register higher growth in value terms during 2015-2020 compared to 2010-2015 driven by a large young population. Milk is the leading value category while the Soymilk & Soy Drinks category is forecast to register the fastest growth during 2015-2020 in both Off-trade and On-trade market. Dairy & Soy product consumption among South Africans is mainly influenced by the Personalized Health and the Time Scarcity consumer trends.
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Sector Analysis
Consumer and Market Insights: Dairy & Soyfood in Italy
Italy’s Dairy & Soy Food market, the smallest among major global economies, is forecast to show slow growth at a CAGR of 0.4% over 2015-2020. However, the second lowest number of per capita consumption occasions among major European economies points out to opportunities to encourage more frequent consumption by capitalizing on consumers’ desire for affordable dairy products featuring age-aligned properties.