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Dairy Food Market is expected to grow at a Prime CAGR of 5.21% during 2019-2023 - Danone, Nestle, FrieslandCampina, Arla, Vreugdenhil Dairy, Alpen Dairies, California Dairies, DFA, Lactalis and more

07-08-2019 02:24 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Worldwide Market Reports

Dairy Food

Dairy Food

Dairy foods or milk foods are a type of food produced from or containing the milk of mammals, primarily cattle, water buffaloes, goats, sheep, and camels. Dairy foods include food items such as yogurt, cheese, and butter. A facility that produces dairy foods is known as a dairy, or dairy factory. Dairy foods are consumed worldwide, with the exception of much of East and Southeast Asia and also some parts of central Africa. At present the main dairy foods include Cheese, Butter, Cottage Cheese, Milk Powder, Flavored Milk and Yoghurt. They are widely used in Food, Healthcare and Feed.

According to forecast, the global dairy food market is expected to grow at a CAGR of 5.21% from 2015 to 2019. Dairy industry is a fast moving consumer goods, its sales channels must rely on retail channels, convenience stores, chain supermarkets and hypermarkets. Liquid milk, yogurt and cheese based supermarket chains and convenience stores are more common, in particular, the use of liquid milk for convenience store is more common. Yogurt and cheese must rely on cold chain support, can only be sold in cold chain retail stores.

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The category which is essentially different from these three categories is milk powder. At present, more and more are concentrated in supermarkets and large supermarket chains, and in the convenience store basically do not see milk power sales, even some chain supermarket milk power sales have gradually declined. This shows milk power loses the characteristics of fast moving consumer goods more and more, and presents the characteristics of "wine", "high-grade liquor" and "skin care products", completely turn to consumer driven from channel driven.

It is expected by 2018, the global organic dairy food market will be valued at USD 16.35 billion, growing at a CAGR of 8.2% from 2014 to 2018. In the next few years, demand for organic dairy foods in the Asia Pacific region will grow rapidly, among, China will also become an important market for the development of major multinational dairy enterprises.

Some of major players in the dairy food market are Danone, Nestle, FrieslandCampina, Arla, Vreugdenhil Dairy, Alpen Dairies, California Dairies, DFA, Lactalis, Land OLakes, DairiConcepts, WILD Flavors, Glanbia Foods, Kraft Foods Ingredients.

Dairy Food Report by Material, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China). 

The report firstly introduced the Dairy Food basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

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