Dairy Market By Type (Milk, Cheese, Yogurt, Butter, Cream, Others), By End User (Commercial, Residential), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, B2B, E-Commerce): Global Opportunity Analysis and Industry Forecast, 2023-2032
The dairy industry is the agricultural sector that is involved in the processing, manufacture, and distribution of milk-derived dairy products. This business, which can range in size from tiny local dairy farms to major international corporations, plays a critical role in meeting the demand for these goods.
The dairy sector also includes factors such as milk safety, quality, and laws to guarantee that dairy products are safe to consume. In addition, this industry encompasses various activities, including the raising and managing of dairy cattle or other milk-producing animals, the collection and processing of milk, and the manufacturing of products such as milk, cheese, butter, yogurt, ice cream, and more. Milk exists as a fresh product (as milk or by-products of milk), in powdered forms, and as a synthesized set of proteins and fats in industrial foodstuffs. The United Nations Food and Agriculture Organization estimates that over 80% of the world’s population consumes dairy products on a regular basis.
The dairy industry is undergoing a transformative phase driven by shifting consumer preferences. Key players in this dynamic landscape are responding to evolving trends that emphasize health, transparency, and functionality. One notable trend is the increasing demand for clean label products, where consumers seek dairy items with minimal additives, preservatives, and natural ingredients.
Major industry players like Nestlé, with its commitment to clean label products, have introduced options that cater to this demand, aligning with consumer expectations. Another noteworthy trend is the rise of functional food. Leading dairy companies such as Danone have been at the forefront, developing products enriched with probiotics, prebiotics, and other health-promoting ingredients to meet the growing interest in food that offer specific health benefits. This innovation not only addresses consumer desires for improved well-being but also reinforces the industry's competitive edge.
Furthermore, as protein consumption continues to increase, dairy giants such as Fonterra have expanded their portfolios to include protein-rich dairy products, capitalizing on the protein trend and offering consumers alternatives to traditional protein sources. In this evolving landscape, dairy industry leaders are navigating change by aligning with consumer expectations, emphasizing health and functionality, and driving innovation to meet the demands of the modern consumer.
Plant milk is recommended by various dietary guidelines to promote a healthy, balanced diet for good nutrition & wellbeing. Thus, due to suitable pH, nutritional characteristics and rising issues associated with cow milk such as cow milk allergy, lactose intolerance, calorie concerns, the incidence of hypercholesterolemia, nowadays the consumer preference has been toward plant based dairy products.
Meanwhile, issues such as sustainability and health concerns related to animal fat intake, plant-based alternatives to dairy milk are gaining popularity. Health is the major reason driving consumers to drop dairy with at least 40% of global consumers stating “digestive health” or “feel healthier” as reasons for going dairy free.
The dairy market is segmented into type, end-user, distribution channel, and region. By type, the market is categorized into milk, cheese, yogurt, butter, cream and others. By end user, it is fragmented into commercial and residential. By distribution channel, the market is categorized into hypermarkets/supermarkets, specialty stores, B2B and E-commerce. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.
Key players included in the dairy market analysis are Dairy Farmers of America, Inc., Nestle S.A., Arla Foods amba, Danone S.A., Lactalis Group, Gujarat Cooperative Milk Marketing Federation Ltd., Britannia Industries Limited, Inner Mongolia Yili Industrial Group Co., Ltd., Fonterra Co-operative Group Limited, China Mengniu Dairy Company Limited, Arla Foods amba and Saputo Inc.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the dairy market analysis from 2022 to 2032 to identify the prevailing dairy market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the dairy market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global dairy market trends, key players, market segments, application areas, and market growth strategies.
Product Life Cycles
Pain Point Analysis
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Average Selling Price Analysis / Price Point Analysis
Criss-cross segment analysis- market size and forecast
Expanded list for Company Profiles
Historic market data
Per Capita Consumption Trends
Product Consumption Analysis
Key Market SegmentsBy TypeMilk
Cheese
Yogurt
Butter
Cream
Others
By End UserCommercial
Residential
By Distribution ChannelSupermarkets/Hypermarkets
Specialty Stores
B2B
E-Commerce
By RegionNorth America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
South Africa
Saudi Arabia
Rest of LAMEA
Key Market PlayersNestle S.A.
Danone S.A.
Gujarat Cooperative Milk Marketing Federation Ltd.
Inner Mongolia Yili Industrial Group Co., Ltd.
Fonterra Co-operative Group Limited
Dairy Farmers of America, Inc.
Lactalis Group
Britannia Industries Limited
China Mengniu Dairy Company Limited
Saputo Inc.
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