According to IMARC Group’s latest report, titled “Global Dairy Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global dairy market reached a value of US$ 827.4 Billion in 2020. Dairy is an enterprise that involves the processing, production, storage, and distribution of milk and milk products. Milk, butter, fresh cream, curd, cheese, frozen yogurt, and buttermilk are some commonly available dairy products. Regular consumption of dairy products aids in improving metabolism, immunity, maintaining nutritional balance, and preventing cardiovascular diseases and diabetes.
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The global dairy market is primarily being driven by the rising health consciousness among the masses. Moreover, various technological advancements to track cow’s health and yields, such as the introduction of smart wearables and integration of the Internet of things (IoT) and artificial intelligence (AI), are providing a considerable boost to the market growth. Apart from this, the increasing demand for packaged dairy products and various government initiatives to improve cattle productivity are anticipated to drive market growth. The demand for dairy products is also witnessing a significant surge on account of the rising population levels and increasing income disposable income, which is creating a positive outlook for the market. Looking forward, IMARC Group expects the global dairy market to grow at a CAGR of 5.3% during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- Nestlé
- Fonterra
- FrieslandCampina
- Arla Foods
- Danone
- Lactalis
- Dairy Farmers of America
- Dean Foods
- DMK
Market Segmentation:
Major Segments and Sub-Segments Covered in this Report:
- Fluid Milk
- UHT Milk
- Flavored Milk
- Cream
- Table Butter
- Ghee
- Anhydrous Milk Fat (AMF)
- Skimmed Milk Powder
- Whole Milk Powder
- Whey Protein (Powder and Concentrate)
- Lactose Powder
- Casein
- Cheese
- Yogurt
- Ice-Cream
- Indian Cheese (Paneer)
- Probiotic Dairy Products
Key Aspects Analyzed in each Dairy Product Market:
- Global Productions Volume and Prices: Historical and Current Market Trends
- Impact of COVID-19 on the Industry
- Market Breakup by Region
- Composition of the Product and Manufacturing Process
- Machinery and Equipment
- Cost-Analysis and Profit-Margins
- Competitive Landscape
- Market Forecast
Leading Countries Covered in this Report:
- USA
- Brazil
- Argentina
- India
- China
- Japan
- New Zealand
- Australia
- Germany
- Ireland
- Italy
Key Aspects Analyzed for each Country:
- Historical and Current Market Trends
- Market Breakup by Product Type
- Import and Export
- Key Players
- Market Forecast
Key Aspects Analyzed for each Company:
- Overview
- Dairy Product Portfolio
- Milk Intake and Revenues from the Dairy Segment
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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