Dairy products market to reach $645.8 Billion

Date 09.11.2019 | Category: News
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Research & Markets IDM Sept19

Succeeding an extensive secondary and primary research and in-depth analysis of the market scenario, the report carries out an impact analysis of the key industry drivers, restraints, opportunities, and challenges. The high growth of the dairy products market is mainly attributed to rising population and urbanization, increase in consumer awareness level regarding nutritional food, and growing acquisitions in diary space.

 

Based on type, dairy products market comprises of milk, cheese, butter, cream, yogurt, milk powder, desserts, and other dairy products. The milk segment accounted for the largest share of the global dairy products market, as it is the most consumed and marketed dairy product across the globe as well as due to increased production in last two decades and significant improvements in all the unit operations of milk processing.

 

Based on distribution channel, grocery retailers segment is estimated to command the largest share of the global dairy products market in 2019, as these stores offer one-stop shopping for consumers; a clean, comfortable, and extended opening hours; and a much wider selection of household items along with dairy products.

 

An in-depth analysis of the geographical scenario of the industry provides detailed qualitative and quantitative insights about the five major geographies (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa) along with the coverage of major countries in each region. Europe commanded the largest share of the global dairy products market, followed by Asia-Pacific

 

Companies Mentioned:

- Arla Foods amba

- China Mengniu Dairy Co. Ltd.

- Dairy Farmers of America Inc.

- Danone S.A.

- Dean Foods Company

- Fonterra Co-operative Group Limited

- Inner Mongolia Yili Industrial Group Co Ltd

- Kraft Heinz Company

- Megmilk Snow Brand Co. Ltd.

- Nestle S.A.

- Parmalat S.p.A.

- Royal Friesland Campina N.V.

- Saputo Inc.

- SODIAAL

- Unilever N.V.

 

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Source: Research & Markets
Author: COX
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