Dairy Foods Market to Reach USD 964.18 Billion by 2027; Amplified Demand for Dairy Products to Aid Development, states Fortune Business Insights™

Top players covered in dairy foods market reports are Fonterra Co-operative Group Limited (Auckland, New Zealand), Royal FrieslandCampina N.V. (Amersfoort, Netherlands), Danone S.A. (Paris, France), Nestle S.A. (Vevey, Switzerland), Dairy Farmers of America, Inc. (Kansas, United States), Lactalis International (Laval, France), Arla Foods Group (Viby, Denmark), DuPont de Nemours, Inc. (Delaware, U.S.), Unilever Plc (London, United Kingdom), The Kraft Heinz Company (Illinois, U.S.), and more players

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Pune, Oct. 15, 2020 (GLOBE NEWSWIRE) -- The global dairy foods market size is expected to reach USD 964.18 billion by 2027, exhibiting a CAGR of 4.6% during the forecast period. The significant demand for dairy products yogurt, cheese, and whey proteins among the general population will augur well for the market, states Fortune Business Insights, in a report, titled Dairy Foods Market Size, Share & COVID-19 Impact Analysis, By Source (Cattle, Sheep, Goat, and Camel), By Type (Lactose and Lactose-free), Product Type (Milk, Cheese, Butter, Dessert, Yogurt, and Others), Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, and Online Retail), and Regional Forecast, 2020-2027.” The market size stood at USD 686.18 billion in 2019.

The coronavirus emergency has resulted in financial jeopardy for trades and businesses around the world. The authorities of several countries have initiated lockdown to avert the increase of this infectious disease. Such strategies have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly.


The report on the dairy foods market includes:

  • Present and future projections
  • Information about Substantial developments
  • Exceptional insights into the regions
  • Prime data about key players
  • COVID-19 analysis


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Market Driver:

Rising Consumption of Value-Added Dairy Products to Contribute Impetus

The evolving lifestyles of people and disposable income are factors expected to spur opportunities for the market. The growing demand for value-added dairy foods such as cheese, butter, creams, and yogurts among consumers will have a tremendous impact on the market. The increasing cognizance about gut health will further fuel demand for yogurt, kefir, and other fermented dairy products, in turn, bolster healthy growth of the market. The rapidly prospering dairy industry is expected to enable speedy expansion of the market in the forthcoming years. In addition, the development of innovative powders such as dairy creams and cheese powder can promote the growth of the market.


Instability in Dairy Production to Disrupt Business Amid COVID-19

The lockdown in several regions has severely impacted the global dairy foods market. The massive drop in the foodservice industry has resulted in limited demand for dairy products. Thus, the low demand for higher-value products is expected to hamper the dairy business. Nonetheless, the growing sale of low-cost dairy foods such as milk powders among consumers will simultaneously aid the market for speedy recuperation. In addition, the technological advancements to improve the production of dairy products will promote the market amid coronavirus.


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Regional Analysis:

High Demand for Clean-label Products to Influence Growth in Europe

The market in Europe is expected to experience a rapid growth rate during the forecast period due to the growing demand for clean-label dairy products. The shifting consumer preference towards organic, healthy, non-GMO, lactose-free, and non-fat milk and dairy foods will aid expansion in the region. North America is likely to hold a small portion in the global market during the forecast period owing to the shifting consumer preference towards vegan products. However, the ongoing awareness programs to encourage consumers for animal-based dairy products can potentially stimulate the market in the region. Moreover, the rising consumption of infant formula and whey powder will favor growth in the region.


Key Development:

June 2020: Lactalis International, announced the release of a new skimmed milk powder made by using a specific heat treatment that denatures the protein to obtain a heat-stable powder.


List of the Leading Companies Profiled in the Global Dairy Foods Market are:

  • Fonterra Co-operative Group Limited (Auckland, New Zealand)
  • Royal FrieslandCampina N.V. (Amersfoort, Netherlands)
  • Danone S.A. (Paris, France)
  • Nestle S.A. (Vevey, Switzerland)
  • Dairy Farmers of America, Inc. (Kansas, United States)
  • Lactalis International (Laval, France)
  • Arla Foods Group (Viby, Denmark)
  • DuPont de Nemours, Inc. (Delaware, U.S.)
  • Unilever Plc (London, United Kingdom)
  • The Kraft Heinz Company (Illinois, U.S.)


Browse Detailed Summary of Research Report with TOC:

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Detailed Table of Content:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
    • Emerging Trends
  • Key Insights
    • Overview of the Parent/Related Markets
    • Industry SWOT Analysis
    • Supply Chain and Regulatory Analysis
    • Recent Industry Developments - Policies, Partnerships, New Source  Launches, and Mergers & Acquisitions
    • Qualitative Analysis (in relation to COVID-19)
      • Impact of COVID-19
      • Supply Chain Challenges
      • Potential Opportunities due to COVID-19
  • Global Dairy Foods Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Size Estimates and Forecast 
      • By Source
        • Cattle
        • Sheep
        • Goat
        • Camel
      • By Type
        • Lactose
        • Lactose-free
      • By Product Type
        • Milk
        • Cheese
        • Butter
        • Dessert
        • Yogurt
        • Others
      • By Distribution Channel
        • Supermarkets/Hypermarkets
        • Specialty Stores
        • Convenience Stores
        • Online Retail
        • Other Processed Foods
      • By Region
        • North America
        • Europe
        • Asia Pacific
        • South America
        • Middle East & Africa

TOC Continued…!


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Have a Look at Related Research Insights:

Processed Dairy Products Market Size, Share & Industry Analysis, By Type (Fluid Milk, Butter, Cheese, Frozen Dairy Desserts, Cultured Dairy Products, Others), By Distribution Channel (Mass Merchandisers, Convenience Stores, Specialty Stores, Online Retail, Others) and Regional Forecast, 2019-2026

Cheese Analogue Market Size, Share & Industry Analysis, By Type (Non-dairy Cheese Analogues, Dairy Cheese Analogues, Partial Dairy Cheese Analogues), By Application (Bakery Products, Cereal-based Foods, Sauces & Dressings, Processed Meat, Fish & Poultry, Dairy Products) and Regional Forecast, 2020-2027

Fat-filled Milk Powder Market Size, Share & Industry Analysis, By Protein Content (More than 23%, Less than 20%), By Application (Dairy Beverages, Yogurt & Curd, Cheese, Ice cream, Bakery Products, Confectionery, Others) and Regional Forecast, 2020-2027

Dairy Alternatives Market Size, Share & Industry Analysis, By Source (Soy, Almond, Coconut, Rice, Oats, and Others), Product Type (Non-dairy Milk, Butter, Cheeses, Yogurts, Ice Cream, and Others), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail, and Others), and Regional Forecasts, 2019 – 2026


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