Dairy Food Market Size, Share, and Analysis, By Product Type (Milk, Butter, Cheese, Milk-Based Beverages, Cream, and Others), By Source (Cattle, Goats, Camel, Sheep), By Distribution Channel (Supermarkets, Convenience Stores, Online Grocery Services, B2B Services, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034.
Dairy Food Market Size, Share, and Analysis, By Product Type (Milk, Butter, Cheese, Milk-Based Beverages, Cream, and Others), By Source (Cattle, Goats, Camel, Sheep), By Distribution Channel (Supermarkets, Convenience Stores, Online Grocery Services, B2B Services, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034.
PRODUCT OVERVIEW
Dairy Food Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 5% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 0.8 billion and is projected to reach USD 1.3 billion by the completion of 2034.
Dairy foods are milk products which are primarily derived by mammals such as cows, goats, and sheep, among others. These products include milk, cheese, yogurt, butter, and cream, that provide essential nutrients such as calcium, along with protein and vitamins (like D and B12). They play an essential role in a balanced diet, which supports bone health and muscle growth. However, some individuals can have lactose intolerance or dairy allergies, which requires alternatives. Dairy has been incorporated into societies all across the world, which has resulted in a vast range of foods and culinary traditions. They are versatile and flavourful, including creamy pastries to savory cheeses, which enriches cuisines and deliver nourishment. These collective applications of dairy product highlight their role in preserving health and gastronomic diversity across countries.
MARKET HIGHLIGHTS
Dairy Food Market is expected to reach a value of USD 1.3 billion, with a forecasted CAGR of 5%, due to growing popularity and awareness of healthy food choices among the general public. Dairy food items often contain essential vitamins like A, D, and B12, as well as proteins and calcium. These nutrients play a direct role in promoting bone and muscle health, which help in lowering blood pressure, and weight management. Such benefits are crucial for the growth and development of children. These products are offered in low-fat, plant-based, and lactose-free varieties to address the growing consumer needs. Consequently, even though these products are produced in huge quantities for public consumption, they however need to pass multiple crucial quality inspections to meet the testing specifications set by regulatory and governmental organizations.
Dairy Food Market Segments:
- By Product Type
- Milk
- Butter
- Cheese
- Milk-Based Beverages
- Cream
- Others
- By Source
- Cattle
- Goats
- Camel
- Sheep
- By Distribution Channel
- Supermarkets
- Convenience Stores
- Online Grocery Services
- B2B Services
- Others
MARKET DYNAMICS
Growth Drivers
Increasing Health Awareness will be crucial in driving industrial growth
Innovations in Product Development will provide growth opportunities
Restraint
Growing Popularity of Plant-Based Alternatives Can Impact Dairy Food Market
Key Players
- Nestlé
- Danone
- Lactalis
- Arla Foods
- Saputo
- FrieslandCampina
- Dean Foods
- Yili Group
- Müller
- Meiji Holdings
- Grupo Lala
- Aurora Organic Dairy
- Megmilk Snow Brand
- Amul
- Unilever
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
*Please Note: The report will be delivered in 2-3 business days upon order confirmation*