Dairy Products Market 2019-2025 | Read Market Trends, Opportunity, Distribution Channel - Global Forecast to 2025

The global dairy products market is expected to grow at a CAGR of 5.2% from 2019 to reach $645.8 billion by 2025. Milk production is one of the most important enterprises in agriculture sector and dairy products are an essential staple food for majority of the population, making a significant contribution to dietary intake and accounting for ~10-15% of household expenditure on food. In coming years, milk products industry is poised to have a positive impact on the global food industry. The factors such as rising populations along with urbanization, changing diets, growing technological advancements in dairy processing, and rising innovation are increasing the demand for dairy and dairy products across the globe.

Market Insight -
Drivers 
1. Rising Population and Urbanization 
2. Increase in Consumer Awareness Level Regarding Nutritional Food 
3. Growing Number of Acquisitions in Dairy Space 

Restraints 
1. Growing Demand for Dairy Alternatives 
2. Milk Allergy and Lactose Intolerance 

Opportunities 
1. Technological Developments in the Dairy Industry 
2. Emerging Economies 

The global dairy products market study presents historical market data in terms of values (2017 and 2018), estimated current data (2019), and forecasts for 2025-by type (milk, cheese, butter, cream, yoghurt, milk powder, desserts, and others), and distribution channel (supermarkets, hypermarkets, discounters, specialty store, online retail, and others). The milk market is further segmented into semi skim milk, whole milk, skim milk, and others; whereas, grocery retailers market is classified into supermarket, hypermarket, discounters, and others. The study also evaluates industry competitors and analyzes the market at a regional and country level.

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Scope of the Report:

Dairy Products Market by Type

• Milk
  • Semi Skimmed Milk
  • Whole Milk
  • Skim Milk
  • Others
• Cheese
• Butter
• Cream
• Yogurt
• Milk Powder
• Desserts
• Others

Dairy Products Market by Distribution Channel

• Supermarket
• Hypermarket
• Discounters
• Specialty Store 
• Online Retail
• Others

Dairy Products Market by Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe (RoE)
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • Rest of APAC (RoAPAC)
• Rest of World
• Latin America
• Middle East and Africa

The major players operating in the global dairy products market are 

1. Dean Foods Company 
2. Fonterra Co-Operative Group Limited 
3. Danone S.A. 
4. Kraft Heinz Company 
5. Saputo Inc. 
6. Nestle S.A. 
7. Arla Foods Amba 
8. Megmilk Snow Brand Co., Ltd. 
9. Royal Friesland Campina N.V. 
10. Parmalat S.P.A. 
11. Dairy Farmers of America Inc. 
12. Sodiaal 
13. Unilever N.V. 
14. Inner Mongolia Yili Industrial Group Co Ltd. 
15. China Mengniu Dairy Co., Ltd.

Key questions answered in the report- 

• How the demand for processed milk is differ from other dairy products?
• Which are the high growth market segments in terms of value, products, and regions/countries?
• Who are the top competitors in this market and what strategies do they employ to gain shares?
• Which segments of dairy products market are expected to offer lucrative revenue growth over the forecast period and why?
• What strategies should the new companies focus to enter this market and to compete effectively?
• Who are the major players in various countries and what share of the market do they hold?
• What are the geographic trends and high growth regions/ countries? 
• What companies have recently merged/acquired and how will these unions affect the competitive landscape of the dairy products market?
• What companies have created partnerships and how will these partnerships promote a competitive advantage?
• Who are the major players in the global dairy products market and what share of the market do they hold?
• Who are the local emerging players in the global dairy products market and how do they compete with the global players?

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$645.8 Billion, Dairy Products Market | Global Opportunity Analysis and Industry Forecast(2019-2025).

“Dairy Products Market (Milk, Cheese, Cream, Yoghurt, Milk Powder), Distribution Channel (Supermarket, Hypermarket, Specialty Store, Online Retailers)– Global Opportunity Analysis and Industry Forecast to 2025”. According to this latest publication from Meticulous Research, the global dairy products market is expected to grow at a CAGR of 5.2% from 2019 to reach $645.8 billion by 2025. The high growth of dairy products market is mainly attributed to rising population and urbanization, increase in consumer awareness level regarding nutritional food, and growing number of acquisitions in diary space. Moreover, technological developments in the dairy industry and emerging economies indicate the opportunities present in this market. However, growing demand for dairy alternatives and milk allergy and lactose intolerance are expected to hamper the growth of dairy products market to some extent.

The global dairy products market study presents historical market data in terms of values (2017 and 2018), estimated current data (2019), and forecasts for 2025-by type (milk, cheese, butter, cream, yoghurt, milk powder, desserts, and others), and distribution channel (supermarkets, hypermarkets, discounters, specialty store, online retail, and others). The milk market is further segmented into semi skim milk, whole milk, skim milk, and others; whereas, grocery retailers market is classified into supermarket, hypermarket, discounters, and others. The study also evaluates industry competitors and analyzes the market at a regional and country level.

Based on product type, dairy products market is divided into milk, cheese, butter, cream, yoghurt, 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. Also, the largest share of this product segment is also attributed to the increased production in last two decades and significant improvements in all the unit operations of milk processing.

Based on distribution channel, supermarket commanded the largest share of the global dairy products market. However, internet retailing segment is expected to witness a significant growth during the forecast period mainly attributed to growing omnichannel retailers and increasing digitalization.

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This research report analyzes major geographies and provides comprehensive analysis of North America (U.S., Canada, and Mexico), Europe (Germany, France, U.K., Italy, Spain, and RoE), Asia-Pacific (China, Japan, India, Australia, and RoAPAC), Latin America, and Middle East & Africa. Europe is estimated to command the largest share of the global dairy products market in 2019, followed by Asia-Pacific. The large share of this region is mainly attributed to high per capita consumption, strong dairy culture, increased new product launches, and better trade landscape at the global level. However, Asia-Pacific region is expected to grow at the highest CAGR during the forecast period, mainly due to huge milk production and promotion by the government and dairy industry for the milk processing; rising population; increasing consumer disposable income; growing foreign investment;  increasing demand for western dairy products such as yogurt, sour milk, etc.; rising number of convenience stores, supermarkets, department stores, and hypermarkets; and technological advancements in dairy processing.

The major players operating in the global dairy products market are Nestle S.A. (Switzerland), Dean Foods Company (U.S.), Fonterra Co-operative Group Limited (New Zealand), Danone S.A. (France), Kraft Heinz Company (U.S.), Saputo Inc. (Canada), Arla Foods amba (Denmark), Megmilk Snow Brand Co., Ltd. (Japan), Royal Friesland Campina N.V. (The Netherlands), Parmalat S.p.A. (Italy), Dairy Farmers of America Inc. (U.S.), SODIAAL (France), Unilever N.V. (Netherlands), Inner Mongolia Yili Industrial Group Co Ltd (China), and China Mengniu Dairy Co., Ltd. (China) among others.

Key questions answered in the report-

• Which are the high growth market segments in terms of type, distribution channel, and region/countries?
• What was the historical market for dairy products across the globe?
• What are the market forecasts and estimates for the period 2018-2025?
• What are the major drivers, restraints, opportunities, challenges, and trends in the global dairy products market?
• Who are the major players in the global dairy products market?
• How is the competitive landscape and who are the market leaders in the global dairy products market?
• What are the recent developments in the global dairy products market?
• What are the different strategies adopted by the major players in the global dairy products market?
• What are the geographical trends and high growth regions/ countries?
• Who are the local emerging players in the global dairy products market and how do they compete with the global players?

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Rising Adoption of 3D Food Printing by Food Manufacturers to Innovate New Products - 3D Food Printing Market in 2025

Meticulous Research® – leading global market research company published a research report “3D Food Printing Market by Technology (Fused Deposition Modeling, Sintering, Binder Jetting), Material (Natively Printable Materials, Alternative Ingredients), Vertical (Government, Commercial, Residentials), End Users (Confectionery Manufacturers, Restaurants, Bakery Manufacturers, Dairy Manufacturers) - Global Forecast to 2025”.

The possibilities of 3D food printing technologies into the food industry are now in the expansion phase. From pizzas to personalized foods, 3D food printing technology is being adopted by many food industry professionals for producing unique food items. Although 3D food printing technology is relatively new in the food space, this type of technology is already prominent in the medical device, automotive, defense, and aerospace industry. The presence of 3D food printing is growing as more major players in the food industry take notice of this innovative technology.

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The incorporation of this new technology into the food space brings a lot of benefits to manufacturers. In recent years, many companies boosted the visual appeal of their food products by designing new shapes which can be manufactured using a 3D printer. Additionally, the labor cost for creating culinary art can be very expensive for industry professionals; a new 3D food printer on site can cut costs significantly.

Fused Deposition Modeling Segment to Witness the Largest Demand Through 2025

Based on technology, fused deposition modelling commanded the largest market share of the 3D food printing market in 2018. The large market share of this technology can be attributed to its applications in wide array of foods, its ability to provide high degree of freedom, limited costs to the digital design of the object, and ability to provide wide range of customization.

Confectionery Manufacturers to Provide Significant Growth Opportunities

Based on end users, confectionery manufacturers segment is expected to dominate the global 3D food printing market in 2018 as chocolate is one of the most common foods used for extrusion printing. 3D food printers are mostly used to print chocolates and candies due to the rise in the demand for customized chocolates and cakes from the consumers.

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North America: Leading Regional Market

Geographically, North America, comprising the U.S. and Canada, is expected to hold the largest share of the 3D food printing market in 2018, and the market in APAC is expected to grow at the highest rate between 2018 and 2024. The presence of major 3D food printing companies in North America region is helping the growth of the market in this region. Also, the U.S. government allocates large amount of budget on the technological advancement in food sector, which allows it to spend significantly on the application of this technology in the food and beverage sector.

Key Players

The key players operating in the global 3D food printing market are TNO, 3D Systems, Natural Machines, Systems and Materials Research Corporation, byFlow, Print2taste GmbH, Barilla, CandyFab, Beehex, Choc Edge, Modern Meadow, Nu Food, and North branch Everbright.

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Increasing Consumer Preference for Nutritional Food is Driving the Market for Dairy Ingredients 2025

Meticulous Research® – leading global market research company is researching on dairy ingredients market titled “Dairy Ingredients Market by Product (Milk Powder, Milk Protein, Whey Protein, Lactose & Derivatives, Casein Protein), by Source (Milk Based, Whey Based), by Production Method (Traditional Method, Membrane Separation) Application (Bakery and Confectionery, Dairy Products, Infant Milk Formula, Sports Supplements, Paediatrics, Medical Nutrition) - Global Forecast to 2025”.

Dairy Ingredients Market Dynamics

The growth of this market is mainly attributed to changing food landscape, increasing demand for fortified food products, growing prominence of nutritional enrichment in foods & beverages due to increased awareness towards maintaining healthy lifestyle among individuals. In the last few years, food consumption habits and preferences have changed to a great extent. Changing demographics, increasing health concerns, increasing women workforce, influence of food elite, growing disposable income, growing trend toward vegetarianism, and food customization has brought numerous changes to the food industry. This is having a significant impact on the health and nutritional status of populations, particularly in developing countries. Hence, food processors are continuously seeking and exploring new processing and preservation technologies with the help of innovative ingredients, which is fueling the adoption of dairy ingredients across the globe. The dairy ingredients market is also being driven by the regulatory support from the US FDA and UK government to incorporate proteins in food and drinks.

However, availability of alternatives, like plant protein and low-cost of soy protein are hindering the market growth. In addition, the increase lactose intolerance and milk allergies are also anticipated to pose a challenge to the growth of dairy ingredients market.

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Milk Powder to Witness the Largest Demand Through 2025

Based on type, milk powder commanded the largest share of dairy ingredients market in 2018, owing to its less moisture content and presence of several nutrients such as vitamin C, vitamin B12, thiamin, and high amounts of protein, which contributes to the higher shelf life of the product and increased application in infant food products.

Dairy Products Expected to Dominate the Global Dairy Ingredients Market during the Forecast Period

Based on application, the dairy products accounted for the largest share in 2018 as dairy ingredients are used in almost all dairy products for enhancing the nutritional content, flavor, and other benefits from dairy ingredients such as emulsification and solubility. Owing to which, the application of dairy ingredients is extensive in dairy products. However, sport and clinical nutrition is expected to witness the rapid growth during the forecast period.

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Asia-Pacific: The Fastest Growing Regional Market

Asia-Pacific commanded the largest share of the global dairy ingredients market in 2018, followed by Europe, Asia-Pacific, Latin America, and Middle East & Africa. The large share of Asia-Pacific region is mainly attributed to growing living standards, increase in the infant formula industry, developing modern infrastructure to make chilled dairy products in rural areas, and modern trade development. Further, Europe and North America are anticipated to hold a significant position in the global dairy ingredients market due to high awareness regarding health, rise in preference for the nutritious food, and high consumption of bakery and confectionery food.

Key Players in the Dairy Ingredients Market

The key players operating in the global dairy ingredients market are Glanbia, PLC, Amul, Groupe Lactalis, Arla Foods, Devondale Murray Goulburn, Kanegrade Ltd, Fonterra Co-Operative Group Limited, Nestle SA, Saputo Inc., Dairy Farmers of America, Volac International Limited, FrieslandCampina, Murray Goulburn Co-operative, Nova Dairy products, HATSUN Agro Products, and Euroserum.

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