In 2023, the dairy industry in Myanmar has seen strong signs of recovery, following the COVID-19 pandemic and military coup. However, the industry is also facing challenges, including rising fuel prices and supply-chain disruptions.
In 2023, total consumption of dairy products and alternatives have recovered across both on-trade and off-trade channels from the impacts of the COVID-19 pandemic and the post-coup economic decline.
Traditionally, consumers in Myanmar have eaten only two meals per day and this reflects the daily schedules of Buddhist monks. Breakfast is usually taken at around 10.
Approximately 22 million people, which accounts for 40% of Myanmar's population, descended below the national poverty line (USD 0.86 per day) after the coup, resulting in adverse effects on the spending power.
Rising fuel prices and prolonged power cuts are posing significant challenges for businesses, as many struggle to maintain normal operations without regular electricity to run production or adequately store products requiring cold storage. Consequently, a considerable number of businesses are turning to fuel generators to access power.
Over the forecast period, dairy products and alternatives will remain essentials for households across Myanmar. The category's growth drivers will be fuelled by habitual consumption, rising health awareness, and increasing demand for products that offer functional health benefits.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Dairy Products and Alternatives industry in Myanmar with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Dairy Products and Alternatives industry in Myanmar, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Dairy Products and Alternatives
This report originates from Passport, our Dairy Products and Alternatives research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!