The global dairy products market size is expected to reach around US$ 642.2 billion by 2030 from US$ 468.7 billion in 2020 and is expected to grow at an impressive double-digit rate of 3.2% from 2021 to 2030.
The study includes drivers and restraints of this market. The study provides an analysis of the global dairy products market for the period 2017-2030, wherein 2021 to 2030 is the forecast period and 2020 is considered as the base year.
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Crucial factors accountable for market growth are:
- Rising consumer awareness regarding the health benefits of dairy products
- New product launches by the market players
- Rising consumer expenditure on healthy and functional food
- Growing government initiatives to boost the dairy sector
- Increasing milk production in developing nations like India, Indonesia, and China
- Surge in the production and consumption of milk
- Rising penetration of restaurant chains
- Rising penetration of cafes
- Growing popularity of online groceries and food delivery apps
Report Highlights
- Based on the product type, the milk was the dominating segment in 2020. This is attributable to the increased consumption of milk among the consumers. Milk is the most common dairy product consumed by the population across the globe. Further, the rising focus of the government to develop the dairy sector in order to generate employment in the rural areas has had fueled the growth of this segment in the past years.
- Based on the distribution channel, the others segment is estimated to be the opportunistic segment. This is owing to the rapid growth of the online sales channels. Rising popularity of online food and grocery delivery platform in both developed and developing markets is exponentially boosting the sales of dairy products.
Why should you invest in this report?
If you are aiming to enter the global dairy products market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for dairy products are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Regional Snapshots
Asia Pacific is the largest market for the dairy products. Milk is the most common dairy product that is consumed in majority of the households. The presence of huge population propels the demand for the dairy products in the region. Further, rising health awareness is boosting the milk and yogurt consumption. The developing infrastructure in the Asia Pacific region is enhancing the supply of milk and other dairy products thereby propelling the growth of the market. The rapid urbanization is boosting the penetration of restaurants, cafes, and fast-food chains in the region that extensively uses dairy products in their dishes. Moreover, the rising adoption of smartphones and internet is boosting the sales of various dairy products through the online food and grocery platforms. Hence, the Asia Pacific is estimated to be the largest market and is anticipated to sustain it position throughout the forecast period.
North America is estimated to be the fastest growing market in the upcoming future. This is attributed to the increased consumer awareness regarding the health benefits of consuming dairy products. Moreover the demand for cheese and yogurt is increasing in the region for the preparation of a variety of dishes and desserts. The increased disposable income coupled with rising expenditure on functional food is boosting the growth of the dairy products market in the region. Therefore, North America is estimated to be the most opportunistic market in the forthcoming years.
Some of the prominent players in the global dairy products market include:
- Arla Foods Amba
- Nestle
- Danone
- Fonterra
- Lactalis
- Frieslandcampina
- DMK Group
- GCMMF
- Dairy Farmers of America, Inc.
- Meiji Holdings Co. Ltd.
- The Kraft Heinz Company
Market Segmentation:
By Product Type
- Milk
- Cheese
- Butter
- Desserts
- Yogurt
- Others
By Distribution Channel
- Supermarket/Hypermarket
- Specialty Stores
- Convenience Stores
- Others
Regional Analysis:
The geographical analysis of the global dairy products market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global dairy products Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Key Questions Answered by the Report:
- What will be the size of the global dairy products market in 2030?
- What is the expected CAGR for the dairy products market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global dairy products market?
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Dairy Products Market, By Product
7.1. Dairy Products Market, by Product Type, 2021-2030
7.1.1. Milk
7.1.1.1. Market Revenue and Forecast (2019-2030)
7.1.2. Cheese
7.1.2.1. Market Revenue and Forecast (2019-2030)
7.1.3. Butter
7.1.3.1. Market Revenue and Forecast (2019-2030)
7.1.4. Desserts
7.1.4.1. Market Revenue and Forecast (2019-2030)
7.1.5. Yogurt
7.1.5.1. Market Revenue and Forecast (2019-2030)
7.1.6. Others
7.1.6.1. Market Revenue and Forecast (2019-2030)
Chapter 8. Global Dairy Products Market, By Distribution Channel
8.1. Dairy Products Market, by Distribution Channel, 2021-2030
8.1.1. Supermarket/Hypermarket
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Specialty Stores
8.1.2.1. Market Revenue and Forecast (2019-2030)
8.1.3. Convenience Stores
8.1.3.1. Market Revenue and Forecast (2019-2030)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Dairy Products Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2019-2030)
9.1.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product (2019-2030)
9.1.3.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product (2019-2030)
9.1.4.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2019-2030)
9.2.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product (2019-2030)
9.2.3.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product (2019-2030)
9.2.4.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product (2019-2030)
9.2.5.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product (2019-2030)
9.2.6.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2019-2030)
9.3.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product (2019-2030)
9.3.3.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product (2019-2030)
9.3.4.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product (2019-2030)
9.3.5.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product (2019-2030)
9.3.6.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2019-2030)
9.4.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product (2019-2030)
9.4.3.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product (2019-2030)
9.4.4.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product (2019-2030)
9.4.5.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product (2019-2030)
9.4.6.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2019-2030)
9.5.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product (2019-2030)
9.5.3.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product (2019-2030)
9.5.4.2. Market Revenue and Forecast, by Distribution Channel (2019-2030)
Chapter 10. Company Profiles
10.1. Arla Foods Amba
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Nestle
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Danone
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Fonterra
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Lactalis
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Frieslandcampina
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. DMK Group
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. GCMMF
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Dairy Farmers of America, Inc.
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Meiji Holdings Co. Ltd.
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
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