More news: Food / Culinary
Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Urbanisation, Economic Reforms and Post War Era Drive Growth Opportunities for Global Players in Iraq’s Dairy Market Finds Frost & Sullivan - Iraq’s demand for dairy products likely to rise at a CAGR of 8% by 2025, notes Frost & Sullivan’s Foods Practice - Frost.com
Urbanisation, Economic Reforms and Post War Era Drive Growth Opportunities for Global Players in Iraq’s Dairy Market Finds Frost & Sullivan

 

PRZOOM - /newswire/ - Dubai, UAE, United Arab Emirates, 2018/09/26 - Iraq’s demand for dairy products likely to rise at a CAGR of 8% by 2025, notes Frost & Sullivan’s Foods Practice - Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Food / Culinary Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The dairy industry in Iraq holds lucrative prospects for global players and investors as a result of post war, growing population and new economic reforms. The country’s GDP and household disposable income is expected to grow at CAGR of 6% between 2018 and 2025. High percentage of the youth population is one of the economic strengths of the country, and with almost 60% of the population under the age of 25, Iraq is uniquely positioned to harness the potential of its young generation to promote prosperity despite the multiple challenges it faces.

A recent study conducted by Frost & Sullivan, Dairy Perception and Opportunities in Iraq, estimated that the demand for dairy products in the country is likely to rise at a CAGR of 8% by 2025.

“In the post war era, the demand for dairy products is expected to grow, with supporting plans by large international organization such as UNDP, UNIDO, World Bank, IMF, USAID, FAO and WHO. It is estimated that the average per capita consumption of dairy products will increase from 52 liters to above 60 liters within the next 3 years and then to over 90 liters by 2025,” commented Mr. Ali Mirmohammad, Senior Consultant & Business Development Manager at Frost & Sullivan.

Iraq holds immense business opportunities for market participants, especially international players, with advanced technology upgrades that will help to expand the sector and enhance productivity. Moreover, local companies seek to partner with global companies to benefit from their best practices in the dairy industry.

“The dairy market in Iraq opens up more than 4 billion investment opportunities in cattle breeding farms, and plant management to improve production capacity, storage and distribution logistics, utility and transportation facilities, technology upgrading as well as retailing,” added Mirmohammad.

Iraq’s dairy market is highly import-dependent as the country’s local manufacturers are only able to meet less than 10% of the domestic demand. Moreover, the country is also among the biggest importers of powdered milk in the Middle East to produce reconstituted milk as it contributes to 75% of the country’s market.

Increasing population and urbanisation combined with limited best practices among local players in the industry make the Iraqi dairy industry a booming opportunity for international players and investors.

Frost & Sullivan recently came out with a thought leadership document titled “Growth Opportunities for the Iraq Packaged Foods Market” that discusses the packaged foods market in Iraq, market drivers, opportunities for global players, challenges, government initiatives in the development of this sector, and more. Click here to view the press release of this analysis.

About Frost & Sullivan

For over five decades, Frost & Sullivan (frost.com) has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Food / Culinary Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Food / Culinary articles,
CATCH Visitors via Your Competitors Announcements!


Urbanisation, Economic Reforms and Post War Era Drive Growth Opportunities for Global Players in Iraq’s Dairy Market Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Frost & Sullivan | Iraq’s Dairy Market
Contact: Anita Chandhoke - Frost.com 
+91 80 67028020 achandhoke[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Food / Culinary via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Food / Culinary Most Recent Related Press Releases:

Mars Wrigley LAN and Barry Callebaut Extend Strategic Supply Agreement
LANXESS Hosts 'Food and Biomolecules Symposium'
Unilever and Barry Callebaut Extend Strategic Supply Agreement
Barry Callebaut Opens CHOCOLATE ACADEMY™ Center in New York City
Barry Callebaut Highlights Health Benefits of High-flavanol Cocoa Powder
Barry Callebaut Officially Opens its New Asia Pacific Business Excellence Center
Barry Callebaut to Invest USD 100 Million in its Canadian Factory in Chatham, Ontario
Barry Callebaut Announces Groundbreaking of New Chocolate Factory in Neemrana, India
Barry Callebaut Introduces the Second Generation of Chocolate
BASF to Divest its Nutrilife® Baking Enzymes Business to Lallemand

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
.



PREMIUM Members


Visit  JobsWare.com

Visit  Limelon Advertising, Co.

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2005-2024 PRZOOM - Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today