Press release
Dairy Products Market:Segments, Opportunity, Growth and Forecast By End-use Industry 2016-2024
Global Dairy Products Market: OverviewDairy foods and beverages, being an essential part of our diets, have been witnessing tremendous demand and are expected to continue to do so over the forecast period. As a number of manufacturers have been addressing the needs of the health-conscious populace worldwide, a number of low-fat, lactose-free, and cholesterol-free dairy products have entered the market.
By type of product, the global market for dairy products can be segmented into butter, cheese, milk, cream, yoghurt, buttermilk, ice cream, and lactose-free dairy products.
The report includes a clear, succinct description of the various factors propelling and restraining the growth of the market. The recent technological developments, growth opportunities, and market projections are included in the report. The Porter’s Five Force Analysis has been leveraged to determine the nature of competition among the leading market players. An assessment of the major segments of the market, alongside a detailed understanding of the competitive scenario has been provided in the report.
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Global Dairy Products Market: Drivers and Trends
The absence of strict regulatory frameworks and increasing volume of funds from private and public sectors have been stimulating the growth of the global market for dairy products. The flourishing agriculture and animal husbandry industry in several regions of the world has been responsible for the growing production of milk products.
While cow milk is predominantly used in the production of numerous dairy products, buffalo milk is also being used in several countries such as India, Egypt, China, and the Philippines. The rising number of convenience stores, supermarkets, department stores, and hypermarkets across the world has also been promoting the growth of the market.
A plethora of products offered by numerous brands have been flooding the market. For instance, butter is available in a number of forms such as flavored butter, spreadable or whipped butter, butter blends, European-style sticks, American-style sticks, and non-dairy alternatives. New products are arriving in the market every day. For instance, in April 2017, Tillamook County Creamery Association launched an entirely new cheddar cheese product to its Farmstyle Cut line range of products.
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