What is the global market size of Dairy Product Market?

Global Dairy Products Market size was valued at USD 505.48 billion in 2021, and it is expected to reach a value of USD 720.77 billion by 2028, at a CAGR of more than 5.2% during the forecast period (2022-2028). Read More

Dairy Product Companies

Dairy Product Market Competitive Landscape

Global dairy products market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.

Daily product market Top Player's Company Profiles

Nestle SA
Danone S.A.
Fonterra Co-operative Group Limited
Arla Foods amba
Dairy Farmers of America Inc.
Dean Foods Company
Parmalat S.p.A.
Royal FrieslandCampina N.V.
Yili Group
Meiji Holdings Co., Ltd.
Saputo Inc.
China Mengniu Dairy Company Limited
Lactalis Group
Sodiaal Group
Muller Group
Land O'Lakes Inc.
Agropur Cooperative
Schreiber Foods Inc.
Groupe Bel
The Kraft Heinz Company

Daily product market

FAQs

Dairy Product Market size was valued at USD 28.55 billion in 2019 and is poised to grow from USD 29.8 billion in 2023 to USD 45.6 billion by 2031, growing at a CAGR of 4.5% in the forecast period (2024-2031).

dairy products market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Nestle SA', 'Danone S.A.', 'Fonterra Co-operative Group Limited', 'Arla Foods amba', 'Dairy Farmers of America Inc.', 'Dean Foods Company', 'Parmalat S.p.A.', 'Royal FrieslandCampina N.V.', 'Yili Group', 'Meiji Holdings Co., Ltd.', 'Saputo Inc.', 'China Mengniu Dairy Company Limited', 'Lactalis Group', 'Sodiaal Group', 'Muller Group', 'Land O'Lakes Inc.', 'Agropur Cooperative', 'Schreiber Foods Inc.', 'Groupe Bel', 'The Kraft Heinz Company'

Dairy products demand is increasing due to developments and innovations in dairy products on the retail platform. Changing consumer lifestyles with their rising disposable incomes have increased the demand for value added dairy products like cheese, butter, creams, and yogurts. Dairy processors are developing innovative products such as value added cheese powder and dairy creamers to fulfill the needs of the customers. These types of factors are driving the Dairy products market during the forecast period.

Clean label or organic dairy products are one of the attractive new trends in the new dairy industry. Growing popularity of the keto diet for body weight management has increased the demand for dairy products such as grass fed butter. Customers purchasing packaged food from the market is the key trend for increasing growth of the market. The increasing involvement of government dairy in product manufacturing has created a new trend in the dairy market.

Europe dominated the market and accounted for the largest revenue share of around 32% in 2021. It will continue its dominance over the forecast period due to rising consumer demand for cheese, creamers, and milk desserts. Demand for clean labels and high-quality dairy products will increase demand for dairy products market growth in the region.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

Dairy Product Market Size, Share, Growth Analysis, By Product (Milk, Cheese, Yogurt, Butter), By Distribution channel(Hypermarket/supermarket, convince store, online.), By Sources(Cattle, Sheep, Goat, Camel), By Region - Industry Forecast 2024-2031

Dairy Product Market Competitive Landscape

Dairy Product Market Report Snapshots

Want to customize this report?

FAQs

Request Free Customization

Feedback From Our Clients

$5,300

Dairy Product Market Size, Share, Growth Analysis, By Product (Milk, Cheese, Yogurt, Butter), By Distribution channel(Hypermarket/supermarket, convince store, online.), By Sources(Cattle, Sheep, Goat, Camel), By Region - Industry Forecast 2024-2031

Dairy Product Market Competitive Landscape

Dairy Product Market Report Snapshots

Want to customize this report?

FAQs

What is the market size of Dairy Product Market?

Who are the key vendors in the Dairy Product Market?

What is the key driver of Dairy Product Market?

What is the key market trend for Dairy Product Market?

Which region accounted for the largest share in Dairy Product Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300