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Dairy Products - Global Market Trajectory & Analytics

  • ID: 338666
  • Report
  • April 2021
  • Region: Global
  • 493 Pages
  • Global Industry Analysts, Inc
Global Dairy Products Market to Reach $587.5 Billion by 2027

Amid the COVID-19 crisis, the global market for Dairy Products estimated at US$458.1 Billion in the year 2020, is projected to reach a revised size of US$587.5 Billion by 2027, growing at a CAGR of 3.6% over the analysis period 2020-2027. Milk, one of the segments analyzed in the report, is projected to record a 3.1% CAGR and reach US$172.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cheese segment is readjusted to a revised 3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $123.7 Billion, While China is Forecast to Grow at 6.4% CAGR

The Dairy Products market in the U.S. is estimated at US$123.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$122.5 Billion by the year 2027 trailing a CAGR of 6.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 2.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR.

Yogurt Segment to Record 4.7% CAGR

In the global Yogurt segment, USA, Canada, Japan, China and Europe will drive the 4.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$41.6 Billion in the year 2020 will reach a projected size of US$55 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$82.9 Billion by the year 2027, while Latin America will expand at a 5.6% CAGR through the analysis period.

Select Competitors (Total 337 Featured):
  • Agropur Cooperative
  • Arla Foods amba
  • Dairy Farmers of America Inc.
  • Danone
  • Dean Foods Company
  • Fonterra Co-Operative Group Limited
  • Gujarat Cooperative Milk Marketing Federation Ltd.
  • Megmilk Snow Brand Co. Ltd.
  • Meiji Co. Ltd.
  • Nestle SA
  • Parmalat S.P.A.
  • Royal FrieslandCampina N.V.
  • SanCor Cooperativas Unidas Limitada
  • Saputo Inc.
  • Savencia Fromage & Dairy
  • The Kraft Heinz Company
  • Unilever NV
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Current and Future Analysis
  • Churning Out New Opportunities
  • Recent Market Activity
  • Growth Drivers
  • Developing Countries in the Spotlight
  • Trends Shaping the Industry
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Futures Markets - A Forthcoming Phenomenon in Dairy Trade
  • Global Fluid Milk Volume Consumption Rises
  • Yogurt Functional Benefits & Unique Flavors Gain Popularity
  • Yogurt Drinks: A Market with High Growth Potential
  • New Products Boost Market Prospects
  • 3-D-Printing of Dairy Products: Technology of the Future
  • GanedenBC30 Addresses the Issue of Probiotics to Survive Pasteurization
  • Longer Shelf Life Attribute Drives Market for Milk Powders
  • Increasing Milk Powder Prices Open New Avenues for Processors
  • Changing Eating Habits
  • Organic Dairy Products Gain Prominence
  • Corporate Strategies: An Overview
  • Innovative Packaging and Target Based Promotions to Drive Dairy Products Demand
  • globalDairyTrade - A Means to Tackle Volatility
  • Increase in Functionality
  • Spread of Umbrella Branding
  • Improving Storage of Dairy Products
  • Whey Rides on Changing Perceptions
  • Expanding Middle Class Population in Emerging Markets Offer Increased Growth Prospects
  • Rising Disposable Incomes Propel Market Growth
  • Expanding Urban Population Spurs Growth
  • Dairy Products Market Turns Attention to Address the Unique Needs of Millennials
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 337
Note: Product cover images may vary from those shown
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