Stats: 3,191,953 members, 7,946,133 topics. Date: Wednesday, 11 September 2024 at 01:03 PM |
Nairaland Forum / Nairaland / General / Agriculture / Article: Can You Guess How Much The African Market Is Worth ? (949 Views)
Palm Oil Processing Plant Project Is Worth To Invest / Beef, Poultry (halal/non Halal) and Pork for African Market (2) (3) (4)
(1) (Reply)
Article: Can You Guess How Much The African Market Is Worth ? by lagbaja(m): 9:42am On Aug 23, 2014 |
http://www.smallstarter.com/browse-ideas/agribusiness-and-food/the-huge-worth-and-interesting-business-opportunities-in-the-african-milk-market?utm_content=buffer353cd&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer It is likely that more than 60 percent of you reading this article who live in urban areas had milk in their breakfast this morning. Milk is one of the richest sources of animal protein for humans and is contained in almost everything we love from powdered milk and cheese to ice cream and yoghurt. On a continent where cows are abundant, it remains a shocking reality that Africa currently does not produce enough milk to meet its own needs. Despite having more than 10 percent of the world’s cattle population, Africa contributes less than 3 percent to global milk production but spends more than $500 million every year on milk imports from Europe and North America, while thousands of its cattle farmers remain poor. This article explores the huge potentials of milk in Africa and two inspiring success stories of a Senegalese entrepreneur and a Nigerian milk business that are already exploiting the opportunities in milk production on the continent. I shall also reveal the 3 key ways to make money in Africa’s milk market and 5 things you must consider if you want to be successful in Africa’s milk industry. The potential for milk in Africa is huge! Yes, the potential for the milk business in Africa is huge and remains largely untapped. For a food product as basic and vital to the human diet as milk, the consumption and demand potential for milk in Africa remains underexploited. On a continent with over one billion people, milk consumption in Africa is currently the lowest in the world. According to the World Health Organisation (WHO), the average African consumes about 36kg of milk every year. This is very much below the WHO’s recommended annual consumption of 200kg of milk per person. In fact, Africa’s milk consumption compares very poorly to the global average of 103kg of milk per person per year. These figures present a favourable picture of the interesting growth potential for milk consumption in Africa. ........click on the link to continue reading |
Re: Article: Can You Guess How Much The African Market Is Worth ? by hotmas911(m): 9:33pm On Aug 23, 2014 |
lagbaja:May God bless your mind for this article. Your site too is a gold mine. |
(1) (Reply)
The Lies In Agriculture Sector / Cheap Farm Land For Lease And Sale At Gwagwalada Abuja / Fruit Slicing Machine
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 15 |