Report ID: SQMIG30I2359
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
Report ID:
SQMIG30I2359 |
Region:
Global |
Published Date: July, 2001
Pages:
274
|
Tables:
92 |
Figures:
76
Dairy Product Market Insights
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).
Regular consumption of dairy products improves bone and gut health and provides a sufficient amount of calcium to Body. Also consumption of dairy products reduced risk of cardiovascular diseases. The rising demand for cheese in developing nations in various types of fast food is driving the market growth.
On the other hand,many consumers presume cheese is unhealthy due to its association with a high amount of fats. But cheese is good for heart health which is proven in recent studies. Cheese is an excellent source of calcium for people with lactose intolerance.
Growing demand for infant nutrition food and demand for organic clean label dairy products are also increasing the market growth. Innovation in various types of dairy products are opportunities for manufacturers in the dairy product market.
Innovation in the packaging, such as small portion size, on-the-go packs, and single serve create lucrative opportunities for players.
US Dairy Product Market is poised to grow at a sustainable CAGR for the next forecast year.
Dairy Product Market Report Snapshots
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