Scope of the Study
The global Dairy Products market is expected to witness high demand in the forecasted period due to technological advancements and innovations for obtaining more milk from dairy animals. Rising adoption levels of a sedentary lifestyle, unhealthy food habits and increasing awareness levels for nutritional food products are also estimated to increase demand for the market. Government arbitration plays a major role in regulating the market growth. The government in key dairy-producing countries such as Canada monitors the pricing structure and production quantities of main dairy products. The dairy industry is also considered one of the major industry providing a huge amount of employment worldwide. According to WHO, "Global milk output in 2018 is estimated at 843 million tonnes, an increase of 2.2 percent from 2017, driven by production expansions in India, Turkey, the European Union, Pakistan, the United States of America and Argentina, but partially offset by declines in China and Ukraine, among few others."
The market study is being classified by Type (Milk, Cheese, Butter, Dairy Desserts, Yogurt and Others), by Application (Frozen Food, Bakery and Confectionary and Clinical Nutrition.) and major geographies with country level break-up.
Nestle SA (Switzerland), Royal FrieslandCampina N.V. (Netherlands), Parmalat S.P.A (Italy), Groupe Lactalis SA (France), Kraft Foods (United States), Fonterra Group Cooperative Limited (Australia), Amul (India), Unilever (United Kingdom), Arla Foods UK Plc. (United Kingdom) and Danone (France) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Meiji Dairies Corp. (Japan), Dairy Farmers of America Inc.(United States), Megmilk Snow Brand (Japan) and Dean Foods Company (United States).
The dairy market is considerably large, with the presence of numerous companies. Due to the dynamic and staple nature of the market, it is highly competitive. Furthermore, there is high scope for the entry of new companies, as entry barriers are not well developed. Changing consumer behavior, competition, and trade action are impacting the growth of dairy companies. Research Analyst at AMA predicts that European Vendors will contribute to the maximum growth of Global Dairy Products market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Dairy Products market by Type, Application and Region.
On the basis of geography, the market of Dairy Products has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- High Adoption due to Growing Population and Higher Income Levels
- Increasing Demand due to Rising Health Consciousness
- Increasing Inclination Towards Lactose-free Dairy Products
- Growing Demand due to Change in Consumer Dietary Patterns
- The concern Reading Durability of Dairy Products
- Increasing Demand from Developing Countries Such as Product Innovation, and the Rising Health Consciousness among Consumers
- Modernization Resulted in Low Emission of Greenhouse Gases, Better Milk Quality, and Commercial Opportunities for Local Dairy Processing
- The Government Stringent Regulations Regarding Food Products
Key Target AudienceDairy Products Manufactures, Dairy Products Suppliers, Dairy Products Distributors, Government Regulatory Bodies, Private Research Organizations, Government Research Organizations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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