Oman Dairy Market Outlook
According to a new report by Expert Market Research titled, “Global Oman Dairy Market Size, Share, Trends, Growth, Key Players, Report and Forecast 2024-2032, the Oman dairy market is significantly supported by the growth of Oman milk production market. Aided by the increasing demand for nutrient-rich dairy products and the growing preference for health-conscious eating among consumers, the Oman milk production market is expected to grow at a CAGR of 1.60% in the forecast period of 2024-2032.
The dairy industry in Oman has historically been a significant contributor to the nation’s economy. As a critical sector, it provides a wide range of products, including milk, cheese, yoghurt, butter, and infant formula, which are essential components of the Omani diet. Dairy is not just a source of nutrition; it also has cultural significance, forming an integral part of the local culinary tradition.
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The increasing health awareness among the Omani population is one of the prominent factors driving the Oman dairy market growth. With a growing understanding of the importance of a balanced diet, rich in essential nutrients like calcium and protein, there has been a notable shift towards incorporating more dairy products in daily meals.
Moreover, the government’s initiatives aimed at promoting domestic production and reducing reliance on imports have played a pivotal role in propelling the dairy industry in Oman. Supportive policies, including subsidies and import restrictions, have empowered local dairy farmers and processors to enhance their operations and product offerings.
Urbanisation and the rise of modern retail formats, such as supermarkets and hypermarkets in Oman, are also impacting the Oman dairy market outlook. These retail chains provide wider visibility and shelf space for dairy products, thus stimulating consumer demand.
The Oman dairy market is characterised by a mix of domestic and international players. Major domestic companies include Dhofar Cattle Feed Company, Al Maha Dairy & Fruit Juice Company, and Mazoon Dairy Company. These companies have been investing heavily in advanced dairy processing technologies, which has resulted in a broader variety of high-quality dairy products being made available to Omani consumers, propelling the Oman dairy market demand.
In recent years, the market has witnessed significant product diversification. Companies are now offering products like lactose-free milk, Greek yoghurt, and dairy-based functional beverages that cater to the evolving preferences and health needs of consumers. This shift is particularly notable as it aligns with global health trends and the increasing prevalence of conditions like lactose intolerance, positively influencing the Oman dairy market share.
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Oman Dairy Market Segmentation
The market can be divided based on product.
Market Breakup by Product
- Fresh Milk
- Milk Powder
- UHT Milk
- Yoghurt and Curd
- Cheese and Butter
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Oman dairy market. Some of the major players explored in the report by Expert Market Research are as follows:
- Mazoon Dairy Company
- Oman Foodstuff Factory LLC
- Modern Dairy Factory LLC
- A’safwah Dairy
- Almarai Company
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