Dairy Food Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR44455
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The dairy food market has the potential to grow by USD 109.07 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 2.79%.

This dairy food market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (milk, cheese, yogurt, butter, and others) and geography (APAC, Europe, North America, South America, and MEA). The dairy food market report also offers information on several market vendors, including Arla Foods amba, China Mengniu Dairy Co. Ltd., Dairy Farmers of America Inc., Danone SA, Fonterra Co operative Group Ltd., Groupe Lactalis, Gujarat Cooperative Milk Marketing Federation, Nestle SA, Royal FrieslandCampina NV, and Saputo Inc. among others.

What will the Dairy Food Market Size be in 2021?

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Dairy Food Market: Key Drivers and Trends

The rising adoption of healthy food habits is notably driving the dairy food market growth, although factors such as distribution challenges in packaged food and beverages sector may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the dairy food industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

  • One of the key factors driving growth in the dairy food market is the rising adoption of healthy food habits.
  • People are adopting healthy food habits to increase their immunity and reduce the chances of developing various diseases, including diseases related to the deficiency of calcium.
  • Dairy foods, such as milk, cheese, and yogurt, are rich in calcium and are recommended by doctors and nutritionists to avoid calcium deficiency and bone diseases.
  • The accessibility of distribution channels is another major factor supporting the dairy food market share growth.
  • Supermarkets and hypermarkets are the most popular channels for the purchase of various dairy foods, owing to their convenience and cost-effectiveness.
  • Independent retailers offer a variety of dairy foods to cater to the needs of local customers for daily or weekly purchases.
  • The rapid growth in the accessibility, convenience, affordability, and availability of a wide range of dairy foods is boosting the growth of the global dairy food market.

This dairy food market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Dairy Food Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Arla Foods amba
  • China Mengniu Dairy Co. Ltd.
  • Dairy Farmers of America Inc.
  • Danone SA
  • Fonterra Co operative Group Ltd.
  • Groupe Lactalis
  • Gujarat Cooperative Milk Marketing Federation
  • Nestle SA
  • Royal FrieslandCampina NV
  • Saputo Inc.

 

This statistical study of the dairy food market encompasses successful business strategies deployed by the key vendors. The dairy food market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The dairy food market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Dairy Food Market?

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44% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for the dairy food market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Product Segments in the Dairy Food Market?

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The dairy food market share growth by the milk segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the dairy food market size and actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Dairy Food Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive dairy food market growth during the next five years
  • Precise estimation of the dairy food market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the dairy food industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of dairy food market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Dairy Food Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 2.79%

Market growth 2021-2025

$ 109.07 billion

Market structure

Fragmented

YoY growth (%)

2.15

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 44%

Key consumer countries

US, India, China, Germany, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Arla Foods amba, China Mengniu Dairy Co. Ltd., Dairy Farmers of America Inc., Danone SA, Fonterra Co operative Group Ltd., Groupe Lactalis, Gujarat Cooperative Milk Marketing Federation, Nestle SA, Royal FrieslandCampina NV, and Saputo Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The dairy food market market growth will increase by $82.65 billion during 2019-2024.
The dairy food market market is expected to grow at a CAGR of 2.23% during 2019-2024.
Technavio has segmented the dairy food market market by product (Milk, Cheese, Yogurt, Butter, and Others) and geographic (APAC, Europe, North America, South America, and MEA).
Arla Foods amba, China Mengniu Dairy Co. Ltd., Dairy Farmers of America Inc., Danone SA, Fonterra Co operative Group Ltd., Groupe Lactalis, Gujarat Cooperative Milk Marketing Federation Ltd., Nestle SA, Royal FrieslandCampina NV, Saputo Inc. are a few of the key vendors in the dairy food market market.
APAC will register the highest growth rate of 42.93% among the other regions. Therefore, the dairy food market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the dairy food market market growth are:
  • Rising adoption of healthy food habits
  • Rising demand in online retail
The dairy food market market vendors should focus on grabbing business opportunities from the milk segment as it accounted for the largest market share in the base year.
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