Iran Dairy Products Market to Grow at CAGR 22% till 2021: TechSci Research Report
NEW YORK, November 29, 2016 /PRNewswire/ --
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 sanctionsthat 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 114Pages and an in-depth TOC on
"Iran Dairy ProductsMarket"
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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