Global Dairy Products Market By Overview
Dairy Products Market is projected to grow from US$ 517.4 billion in 2024 to US$ 964.9 billion by 2034. Growing consumer awareness regarding nutritional values of dairy products, rising world population, increase in per capita income, are major factors driving growth of the dairy products market. In addition, high demand for milk and milk products such as cheese and butter is another factor propelling growth of the dairy products market. Furthermore, change in consumer dietary patterns and technological advancements and innovations for high production of milk from dairy animals are also estimated to fuel growth of the dairy products market over the forecast period.
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Global Dairy Products Market By Drivers & Restraints
The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.
In the current research scope 2023 is considered as base year and 2024 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2024 to 2034. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.
Global Dairy Products Market By Segmentations & Regional Insights
The dairy products market report segments the market on the basis of type and region.
The report expected to answer various target market related questions and offers insights on:
- Definition, description, overview of market growth influencing factors, and forecast for the target market
- Scope for related market in the forecast period
- Analysis and outcome for the dairy products market by segment and region followed by countries
- Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
- Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
- Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
- Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economical factors that may influence market growth
- PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index
Report Scope:
|
Attribute |
Details |
|
Market Size 2024 |
US$ 517.4 billion |
|
Projected Market Size 2034 |
US$ 964.9 billion |
|
CAGR Growth Rate |
7.10% |
|
Base year for estimation |
2023 |
|
Forecast period |
2024 – 2034 |
|
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
|
Market Segmentation |
By Type - Cheese, Butter, Yoghurt, Ice cream, Buttermilk, Cream, and Others |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Marine Slow Speed Engine Oil Market report based on Type, and region:
Dairy Products Market, By Type:
- Cheese
- Butter
- Yoghurt
- Ice cream
- Buttermilk
- Cream
- Others
Dairy Products Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Global Dairy Products Market By Competitive Landscape & Key Players
Key players in the dairy products market includes, Dean Foods Company, China Mengniu Dairy Company Limited, Savencia SA, Anand Milk Union Limited (AMUL), Nestlé S.A., Groupe Lactalis S.A., Dairy Farmers of America, Inc., Danone SA, The Kraft Heinz Company, and Fonterra Co-operative Group Limited.
Prophecy Market Insights offers required customization on this report according to specific business requirements.
Global Dairy Products Market By Highlights
FAQs
The global dairy products market report segments the market on the basis of type and region.
The rising demand for the dairy products is driven by several factors such as growing population, rising personal disposable income of the consumer, rising health awareness, increasing production of milk in developing nations, and rising consumption of protein enriched food. According to the Population Reference Bureau, the global population is expected to reach around 9.9 billion by 2050. The growing population is expected to drive the demand for milk, butter, yogurt, various other dairy products owing to its extensive uses in various dishes and direct consumption.
The region is characterized by huge population, increased demand for milk, increasing milk production, rising government initiatives for boosting milk production, rising disposable income, and rapid urbanization. The rising consumer awareness regarding the health benefits of dairy products is fueling the market growth. Moreover, the increased usage of milk in almost every household in nation like India and China had significantly contributed towards the dairy products consumption. Therefore, the Asia Pacific region is expected to sustain its dominance throughout the forecast period.
Key players in the global dairy products market includes, Dean Foods Company, China Mengniu Dairy Company Limited, Savencia SA, Anand Milk Union Limited (AMUL), Nestlé S.A., Groupe Lactalis S.A., Dairy Farmers of America, Inc., Danone SA, The Kraft Heinz Company, and Fonterra Co-operative Group Limited.