Overview of the Market for Evaporated And Condensed Milk in Ghana
The revenue of the evaporated and condensed milk market in Ghana skyrocketed to $ in 2019, picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed a strong increase. The growth pace was the most rapid in 2014 with an increase of % y-o-y. Over the period under review, the market hit record highs in 2019 and is likely to see steady growth in the near future.