Global Dairy industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
The dairy market consists of retail sales of butter & spreadable fats, cheese, cream, dairy-based & soy-based desserts, drinkable yogurt, milk, soymilk & soy drinks, yogurt and fromage frais & quark. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 exchange rates.
The global Dairy market had total revenues of $638,319.8 million in 2023, representing a compound annual growth rate (CAGR) of 5.9% between 2018 and 2023.
Market consumption volume increased with a CAGR of 1.3% between 2018 and 2023, to reach a total of 195,956.9 million kilograms in 2023.
The performance of the market is forecast to accelerate, with an anticipated CAGR of 10.6% for the five-year period 2023 - 2028, which is expected to drive the market to a value of $1,055,061.7 million by the end of 2028.
Scope
Save time carrying out entry-level research by identifying the size, growth, and leading players in the dairy market in the global
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global dairy market
Leading company profiles reveal details of key dairy market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Global dairy market with five year forecasts by both value and volume
Reasons to Buy
What was the size of the Global dairy market by value in 2023?
What will be the size of the Global dairy market in 2028?
What factors are affecting the strength of competition in the Global dairy market?
How has the market performed over the last five years?
How large is the global’s dairy market in relation to its regional counterparts?
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the Global dairy market?
7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-2023)?
7.4. Which companies’ market shares have suffered over the same period?
7.5. What are the most popular brands in the global dairy market?
8 Company Profiles
8.1. Groupe Lactalis SA
8.2. Danone SA
8.3. China Mengniu Dairy Co Ltd
8.4. Inner Mongolia Yili Industrial Group Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Global dairy market value: $ million, 2018-23
Table 2: Global dairy market volume: million kilograms, 2018-23
Table 3: Global dairy market category segmentation: % share, by value, 2018-2023
Table 4: Global dairy market category segmentation: $ million, 2018-2023
Table 5: Global dairy market geography segmentation: $ million, 2023
Table 6: Global dairy market distribution: % share, by value, 2023
Table 7: Global dairy market value forecast: $ million, 2023-28
Table 8: Global dairy market volume forecast: million kilograms, 2023-28
Table 9: Global dairy market share: % share, by value, 2023
Table 10: Groupe Lactalis SA: key facts
Table 11: Groupe Lactalis SA: Key Employees
Table 12: Danone SA: key facts
Table 13: Danone SA: Annual Financial Ratios
Table 14: Danone SA: Key Employees
Table 15: Danone SA: Key Employees Continued
Table 16: China Mengniu Dairy Co Ltd: key facts
Table 17: China Mengniu Dairy Co Ltd: Annual Financial Ratios
Table 18: China Mengniu Dairy Co Ltd: Key Employees
Table 19: China Mengniu Dairy Co Ltd: Key Employees Continued
Table 20: Inner Mongolia Yili Industrial Group Co Ltd: key facts
Table 21: Inner Mongolia Yili Industrial Group Co Ltd: Annual Financial Ratios
Table 22: Inner Mongolia Yili Industrial Group Co Ltd: Key Employees
Table 23: Global exchange rate, 2018-23
List of Figures
Figure 1: Global dairy market value: $ million, 2018-23
Figure 2: Global dairy market volume: million kilograms, 2018-23
Figure 3: Global dairy market category segmentation: $ million, 2018-2023
Figure 4: Global dairy market geography segmentation: % share, by value, 2023
Figure 5: Global dairy market distribution: % share, by value, 2023
Figure 6: Global dairy market value forecast: $ million, 2023-28
Figure 7: Global dairy market volume forecast: million kilograms, 2023-28
Figure 8: Forces driving competition in the global dairy market, 2023
Figure 9: Drivers of buyer power in the global dairy market, 2023
Figure 10: Drivers of supplier power in the global dairy market, 2023
Figure 11: Factors influencing the likelihood of new entrants in the global dairy market, 2023
Figure 12: Factors influencing the threat of substitutes in the global dairy market, 2023
Figure 13: Drivers of degree of rivalry in the global dairy market, 2023
Figure 14: Global dairy market share: % share, by value, 2023