“Revolutionizing Industries: Explore the Future with Maximize Market Research’s Dairy Product Market Report”
Anticipated Growth in Revenue:
The Dairy Product Market size was valued at USD 547.76 Billion in 2023 and the total Dairy Product Market revenue is expected to grow at a CAGR of 4% from 2024 to 2030, nearly reaching USD 705.07 Billion.
Dairy Product Market Overview
Dairy Product Market Scope and Methodology:
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Product Type segment with the quickest growth :
With the largest market share of 4.83%, the Milk category is notably leading the dairy product market based on product type. The growth of the dairy product market’s milk segment is being assisted by a steady supply of milk as well as increased production of milk and milk products. The expansion in Asia, Central America, and the Caribbean is what is driving the worldwide milk output in 2022, which climbed by 0.6% from 2021 to 930 million tonnes, according to the MMR’s study. Global population growth is driving up demand for milk, which in turn is driving up milk production and driving the growth of the dairy product market’s milk segment. Furthermore, milk-derived products including butter, cheese, ghee, and skimmed
Dairy Product Market Segmentation: The Art of Unveilingby Module
by Product Type
Milk
Cheese
Butter
Yogurt
Cream
Milk Powder
UTH Milk
by Application
Food and Beverages
Bakery and Confectionary
Clinical Nutrition
by End User
Supermarket
Online Channel
Speciality Stores
Convenience Store
Dairy Product Market Key Players :
North America
1. Fonterra Co-operative Group (U.S)
2. Dairy Farmers of America, Inc. (U.S)
3. Dairy Farmers of America (U.S)
4. Saputo Inc (U.S)
5. The Kraft Heinz Company (U.S)
6. Dean Foods Company (U.S)
7. Unilever N (U.S)
Europe
1. Arla Foods amba (Denmark)
2. Danone (France)
3. Nestle S.A. (Switzerland)
4. Danone S.A. (France)
5. Royal FrieslandCampina (Netherland)
6. DMK Group (Germany)
7. Lactalis (France)
8. Parmalat S.P.A (Italy)
Asia-Pacific
1. Amul (India)
2. China Mengniu Dairy Company Limited (China)
3. Britannia Industries Limited (India)
4. Meiji Holdings Co., Ltd. (Japan)
South America
1. Sancor Cooperativas Unidas Limited (Argentina)
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Dairy Product Market Regional Insights
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