Following the impact of the COVID-19 pandemic, Cambodia now benefits from strong herd immunity, bolstering its economy. In 2023, economic recovery surpasses the last two years, with a projected growth of 6%, driven by tourism and domestic demand.
The impact of COVID-19 in 2023 in Cambodia is minimal while Cambodia has enjoyed strong herd immunity to benefit its economy as a whole.
Dairy products and alternatives are becoming increasingly popular in both urban and rural areas of the country. One major factor supporting this trend is that their products are increasingly seen as ideal sources of nutrition and, in particular, suitable for supporting ideal physical growth in children and young adults.
Currently, Cambodia is in the post-pandemic recovery phase from COVID-19. The country has fully reopened without restrictions, experiencing minimal daily infections and active cases.
Rural road infrastructure remains poor, with most rural roads unpaved and subject to frequent flooding, especially during the rainy season that runs from May to October. Despite these challenges, the country’s road infrastructure continued to improve over the review period, although recent sharp increases in traffic has also had a negative impact on rural roads.
The full recovery of inbound tourism flows can be expected to have a positive influence on category sales, rising, with the reopening of Cambodia’s borders likely to see a return for visitors from China, Vietnam and Laos. In particular, this can be expected to bolster the consumer foodservice industry, supporting a recovery in foodservice sales across dairy products and alternatives.
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Understand the latest market trends and future growth opportunities for the Dairy Products and Alternatives industry in Cambodia 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 Cambodia, 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
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