Press release
Dairy Food Market By 2023 Drivers And Investment Opportunities | Nestle; Dairy Farmers Of America; Arla Foods
The global dairy food market is expected to grow from $675.3 billion in 2019 to $692.8 billion in 2020 at a compound annual growth rate (CAGR) of 2.6%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $847.2 billion in 2023.
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The dairy market manufacturing consists of sales of dairy products by entities (organizations, sole traders and partnerships) that produce dairy products from raw milk and processed milk products, produce dry, condensed, concentrated and evaporated dairy, and/or produce some dairy substitute products. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments.
The increasing incidence of lactose intolerance has led to a rise in demand for lactose free dairy products. Lactose intolerance is characterized as the inability to digest lactose, a disaccharide sugar composed of galactose and glucose found in milk. Lactose-free dairy products contain small amounts of an enzyme called lactase that help digest lactose.
Dairy Food Market Segmentation: -
By Type
1.Milk And Butter Manufacturing
2. Cheese Manufacturing
3. Dry, Condensed, And Evaporated Dairy Product Manufacturing
4. Ice Cream And Frozen Dessert Manufacturing
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Dairy Food Market Characteristics
4. Dairy Food Market Product Analysis
5. Dairy Food Market Supply Chain
...............
20. Dairy Food Market Competitive Landscape
21. Key Mergers And Acquisitions In The Dairy Food Market
22. Market Background: Food And Beverages Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The report covers the trends and market dynamics of the dairy food market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the dairy food market are Nestle; Dairy Farmers of America; Fonterra Group Cooperative Limited; Danone; Arla Foods
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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