A dairy plant is a project whose operating mechanisms include purchasing milk from suppliers or neighboring farms and then storing, processing, and packaging it into ready-made products. such as: Curd, yogurt, cheese, cream, Butter and others. Mashroo3k Consulting confirms that a dairy products factory will be highly profitable, especially with the high demand. Because the project will be well-managed and will rely on qualified technical personnel, it will be able to capture its share of the target market.
_ In 2020 AD, The global dairy market was valued at USD 827.4 billion and is expected to grow to USD 1,128 billion by 2026.
_ By 2027 AD, The dairy market size is expected to reach 247.80 billion kg.
_ By the end of 2023 AD, Revenue in the dairy sector is expected to reach US$331.80 billion. The market will grow at a CAGR of 6% during the period (2023-2027).
Beth at F 2023 AD, Revenue in the cheese sector will reach US$221.70 billion. The market is expected to grow at a CAGR of 5.24% during the period (2023-2027).
Beth at F 2023 AD, Revenue in the yogurt sector will reach US$167.70 billion. The market is expected to grow at a CAGR of 6.68% during the period (2023-2027).
Beth at F 2023 AD, Yemen’s dairy imports are expected to reach US$294 million.
_ The annual growth rate of Yemen’s dairy imports is 2.15% during the period between (2012-2030).
_ Total dairy production in Yemen reached 388,158 tons, Worth 169,405 million riyals.
_ The average annual growth rate of Yemen’s dairy production was 2.7% over the past ten years.
