The Global Dairy market was valued at 494.5 billion in 2020 and is expected to grow with a CAGR of 2.8% over the projected period.
Milk and other dairy parts are an essential part of the diet of many people around the world. Dairy products are rich in vitamin A, D, calcium, phosphorus and riboflavin. As part of a healthy diet, people often prefer low-fat, lactose-free and cholesterol-free dairy products. The major factors driving the dairy products market are the increasing consumption of dairy products coupled with a shift in customer preference towards dairy products for protein supplementation.
Lenient regulatory standards and increased public and private sector funds are expected to boost the dairy market. The use of automation technologies in dairy farms along with advancements in agriculture and animal husbandry are increasing the expansion of the market. However, better alternatives to cholesterol-free products such as almond milk, soy milk and rice milk are the major constraints for the dairy market.
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The research report provides details of major companies in the global Dairy Products market along with the global position, financial status, license agreement, product and service portfolio, and revenue contribution of each market player. The major market players are focused on adopting various strategies such as mergers and acquisitions, business expansion plans, new product launches, partnerships, collaborations, joint ventures to enhance their product base and acquire a solid footing in the market.
Some of the major market players are listed below:
- Royal Friesland Campina,
- Dean Foods Company,
- Megmilk Snow Co. Ltd brand,
- Fonterra Cooperative,
- Arla Foods Embassy,
- Dairy Farmers of America, Inc.,
- Lactalis SA
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Market segmentation :
Dairy Products Market Segmentation Based on Product Outlook:
- Ice cream
Dairy Products Market Segmentation Based on Distribution Channel Outlook:
- In line
- convenience stores
Dairy Products Market Segmentation by Region:
- North America (United States, Canada, Mexico)
- Europe (Germany, UK, France, Italy, Spain, Benelux, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Rest of Asia-Pacific)
- Latin America (Brazil, rest of Latin America)
- Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of Middle East and Africa)
Key Features of the Global Dairy Products Market:
- The report offers detailed estimates at regional level with manufacturers, consumption, sales and import/export dynamics.
- The report provides accurate details of market manufacturers/suppliers, company overview, price analysis, financial position, product portfolio and gross profit of major companies.
- Company profiling with current expansion strategies, revenue generation and recent developments.
- Optimal strategic initiatives for new market players.
- Manufacturing process, suppliers, cost, production and consumption rates, mode of transportation and cost structuring, and value chain analysis.
- The study also includes supply chain trends, including elaborate descriptions of the latest technological developments.
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