Dairy Products

Dairy Products Market Size to Touch $ 642.2 Billion By 2030 Dairy Products Market Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2021 - 2030

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As per the experts, the dairy products market is predicted to record a growth rate of 3.2% from 2021-2030 and is projected to reach US$ 642.2 billion by 2030.

The study provides the overall revenue of the global dairy products market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.

The global dairy products market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the dairy products industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

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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.

Report Scope of the Dairy Products Market

Report Coverage Details
Market Size in 2020 USD 468.7 Billion
Growth Rate From 2021 to 2030 CAGR of 3.2%
Largest Market Asia Pacific
Fastest Growing Market North America
Segments Covered Product, Distribution Channel, Region
Regional Scope North America, APAC, Europe, Rest of the World

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.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global dairy products market are as follows:

  • Arla Foods Amba
  • Nestle
  • Danone
  • Fonterra
  • Lactalis
  • Frieslandcampina
  • DMK Group
  • GCMMF
  • Dairy Farmers of America, Inc.
  • Meiji Holdings Co. Ltd.
  • The Kraft Heinz Company

Segments Covered in the Report

By Product Type

  • Milk
  • Cheese
  • Butter
  • Desserts
  • Yogurt
  • Others

By Distribution Channel

  • Supermarket/Hypermarket
  • Specialty Stores
  • Convenience Stores
  • Others

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Some of the key highlights of the report are:

  • Market Demand Outlook – The report offers refined forecasts on potential growth prospects for the market. Based on data derived after thorough research by a team of expert analysis, Precedence Research presents the most precise rate of growth for the market for the assessment period starting from 2021 – 2030.
  • Supply Chain Analysis – The purpose of the survey is to help companies identify potential scope for supply chain expansion. The study also presents analysis of unprecedented threats.
  • Competitive Landscape Analysis – Some of the leading companies operating in the dairy products market are profiled in the market study. The report also underscores winning strategies adopted over the last few years and gauges impact of the same on growth trajectory exhibited by the market over the last few years.

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.

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

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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