Market Forecast By Product Type (Butter , Cheese, Milk, Cream, Yoghurt, Buttermilk, Ice Cream , Lactose-Free Dairy Products), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Store, Online) And Competitive Landscape
Product Code: ETC018016 | Publication Date: Jun 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Ghana Dairy products Market |
Forecast period | 2025-2031 |
CAGR | 8.3% |
Growing Sector | Supermarkets & Hypermarkets |
Ghana Dairy Products Market report thoroughly covers the market by Product Type, Distribution Channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Ghana Dairy Products Market is experiencing steady growth, driven by increasing consumer demand for a diverse range of dairy products and the expansion of retail distribution channels.
According to 6Wresearch, the Ghana Dairy Products Market is projected to grow at a CAGR of 8.3% from 2025-2031. The growth in the market is primarily fueled by the rising demand for milk and cheese, particularly in urban areas where disposable incomes are higher. The expansion of supermarkets and hypermarkets is playing a pivotal role in driving sales, as these channels offer a wide variety of products and convenient shopping experiences. The market is also benefiting from the growing popularity of health-oriented products such as lactose-free dairy items, which are gaining traction among health-conscious consumers.
However, challenges persist in the form of fluctuating milk production and supply chain inefficiencies. The reliance on imports for certain dairy products makes the market vulnerable to global price fluctuations and supply disruptions. Additionally, limited cold chain infrastructure hampers the distribution of perishable dairy items, particularly in rural areas, affecting product availability and quality.
Key players in the Ghana Dairy Products Market include Fan Milk Limited, Arla Foods, and Nestlé Ghana Limited. Fan Milk Limited is renowned for its extensive range of dairy products, including milk and yogurt, which are widely popular across the country. Arla Foods focuses on supplying high-quality cheese and butter, catering to both domestic consumption and the hospitality industry. Nestlé Ghana Limited offers a variety of dairy products, with a strong emphasis on health and nutrition, which resonates well with the growing health-conscious consumer base.
The Ghanaian government is actively supporting the dairy industry through various initiatives aimed at improving local milk production and reducing dependency on imports. Programs such as the ‘Ghana Livestock Development Project’ are focused on enhancing the productivity of local dairy farmers by providing access to improved breeds, veterinary services, and feed resources. Additionally, the government is working to improve cold chain infrastructure and logistics to ensure better distribution of dairy products across the country. These initiatives are expected to bolster the growth of the domestic dairy industry and make locally produced dairy products more competitive.
The Ghana Dairy Products Market is anticipated to witness significant growth over the next five years. Market growth is expected to be driven by technological advancements in dairy processing and packaging, as well as an increasing focus on health and wellness among consumers. The rising demand for lactose-free and other specialty dairy products is likely to shape market dynamics, with consumers seeking healthier and more diverse options. Moreover, the expansion of retail channels, particularly supermarkets and hypermarkets, will continue to drive sales, offering consumers greater accessibility to a wide range of dairy products. In summary, the future of the market will be shaped by innovation, consumer health trends, and the expansion of retail infrastructure.
According to Ravi Bhandari, Research Head, 6Wresearch, milk and cheese are leading the market due to their widespread consumption, particularly in urban areas where disposable incomes are higher.
Supermarkets and hypermarkets are becoming the dominant distribution channels, offering consumers a wide variety of dairy products and convenient shopping experiences.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ghana Dairy products Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Dairy products Market Revenues & Volume, 2021 & 2031F |
3.3 Ghana Dairy products Market - Industry Life Cycle |
3.4 Ghana Dairy products Market - Porter's Five Forces |
3.5 Ghana Dairy products Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Ghana Dairy products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Ghana Dairy products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ghana Dairy products Market Trends |
6 Ghana Dairy products Market, By Types |
6.1 Ghana Dairy products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Ghana Dairy products Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Ghana Dairy products Market Revenues & Volume, By Butter , 2021 - 2031F |
6.1.4 Ghana Dairy products Market Revenues & Volume, By Cheese, 2021 - 2031F |
6.1.5 Ghana Dairy products Market Revenues & Volume, By Milk, 2021 - 2031F |
6.1.6 Ghana Dairy products Market Revenues & Volume, By Cream, 2021 - 2031F |
6.1.7 Ghana Dairy products Market Revenues & Volume, By Yoghurt, 2021 - 2031F |
6.1.8 Ghana Dairy products Market Revenues & Volume, By Buttermilk, 2021 - 2031F |
6.1.9 Ghana Dairy products Market Revenues & Volume, By Lactose-Free Dairy Products, 2021 - 2031F |
6.1.10 Ghana Dairy products Market Revenues & Volume, By Lactose-Free Dairy Products, 2021 - 2031F |
6.2 Ghana Dairy products Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Ghana Dairy products Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021 - 2031F |
6.2.3 Ghana Dairy products Market Revenues & Volume, By Convenience Store, 2021 - 2031F |
6.2.4 Ghana Dairy products Market Revenues & Volume, By Online, 2021 - 2031F |
7 Ghana Dairy products Market Import-Export Trade Statistics |
7.1 Ghana Dairy products Market Export to Major Countries |
7.2 Ghana Dairy products Market Imports from Major Countries |
8 Ghana Dairy products Market Key Performance Indicators |
9 Ghana Dairy products Market - Opportunity Assessment |
9.1 Ghana Dairy products Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Ghana Dairy products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Ghana Dairy products Market - Competitive Landscape |
10.1 Ghana Dairy products Market Revenue Share, By Companies, 2024 |
10.2 Ghana Dairy products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |