Iran Dairy Products Market to Grow at CAGR 22% till 2021
Changing
lifestyles, increasing health consciousness among consumers and recent
upliftment of economic sanctions from Iran to drive Iran dairy products market
through 2021
According to TechSci Research report, “Iran Dairy Products Market By Type, By
Organized vs. Unorganized, Competition Forecast and Opportunities, 2011-2021”,
dairy products market in Iran is forecast to grow at a high CAGR of around 22%, during
2016-2021, which can be
attributed to increasing urbanization, rising health consciousness among youth
population, growing preference for packaged dairy products among people living
in rural and semi-urban regions and upliftment of economic sanctions that
enabled international trade in the country. Increase in the number of malnutrition
cases in the country has led to higher awareness among people, regarding
consumption of packaged milk and other packaged dairy products. This is expected
to accelerate growth in the country’s dairy products market through 2021. During
2011-2015, Iran dairy products market experienced high demand for value added
dairy products such as butter & margarine, cheese, yogurt, ice cream, etc.,
across the country. In order to address this demand, a large number of domestic
as well as international dairy product manufacturers operating in Iran are
offering high quality products, with no adulteration.
Browse
21 market data Tables and 19 Figures spread through 114 Pages and an in-depth
TOC on "Iran
Dairy Products Market "
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Upliftment of trade sanctions
from Iran enabled domestic players operating in the country’s dairy products market
to import technologically advanced machinery and equipment for production of
milk and eliminated trade barriers that would help domestic players to export dairy
products to various markets in Europe and North America. Moreover, Tehran and Tabriz
regions of Iran were major revenue generators in Iran dairy products market in
2015 and these regions are expected to maintain their dominance in the country during
the forecast period, due to the presence of major dairy products companies
offering innovative products through a robust distribution network.
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“Increasing
government initiatives and investments in the country’s dairy industry,
upliftment of economic sanctions from Iran,and growing focus towards diversification of
Iran’s economy into non-oil sectors and establishment of a well-knit network of
farms for milk supply to factories are few of the major reasons anticipated to
fuel growth of dairy products market in Iran in the coming years. Changing
lifestyles and increasing popularity of western and packaged products is
fueling demand for processed and packaged dairy products such as ice-cream, cheese,
butter, etc. Furthermore, packaged products are becoming increasingly popular
in rural areas of Iran, due to growing awareness among consumers about the
health benefits associated with the consumption of hygienically packaged dairy
products.”, said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
“Iran
Dairy Products Market By Type, By Organized vs. Unorganized, Competition
Forecast and Opportunities, 2011-2021” has evaluated the
future growth potential of dairy products market in Iran and provides
statistics and information on market structure, size, share and future growth of
Iran dairy products market. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment evaluation.
Besides, the report also identifies and analyzes emerging trends along with
essential drivers, challenges and opportunities in the Iran dairy products market.
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