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Learn moreAug 2017
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Butter and margarine recorded 7% retail value and 4% retail volume growth in 2017 to reach XAF19.2billion and 6,300 tonnes. This was due to rising disposable incomes, which in turn translated into improved consumer purchasing power.
Lactalis International led butter and margarine with a retail value share of 33% in 2017, followed by Remia and Poulina Group Holding with 23% and 16% shares, respectively. These companies continued to benefit from their long-standing presence in the country, as well as extensive distribution channels.
Butter and margarine is anticipated to witness a 5% retail value CAGR at constant 2017 prices and a retail volume CAGR of 3% over the forecast period, to reach XAF24.2billion and 7,300 tonnes. Growing disposable incomes and changing consumer habits will support growth over the forecast period.
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Discover the latest market trends and uncover sources of future market growth for the Butter and Margarine industry in Cameroon with research from Euromonitor's team of in-country analysts.
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