Dairy Products Market to Reach at high CAGR of 3.76% by 2030 - DataM Intelligence

Market Overview:
Dairy Products Market size is expected to reach USD million by 2029, with growth at a high CAGR of 3.76% during the forecast period (2023-2030).
Dairy is one of the early food categories adopted by mankind and is considered a major part of human nutrition. Dairy products are primarily produced from milk and commercial dairy including products ranging from liquid milk to processed products such as yogurt, cheese, butter, and others.
The health benefits associated with milk have been motivating the population of all segments toward the consumption of dairy-based products. Dairy is considered a package of nutrients essential for the human body and is highly recommended as a source of calcium and healthy fats.

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Market Dynamics:
1. The potential health benefits offered by dairy products are the primary growth factor of the global dairy products market.
2. The rising consumer interest in healthy living increased the focus on dairy products globally.
3. Dairy products are considered a vital part of the human diet owing to their high nutrient content. Besides fresh milk, products such as yogurt, fermented milk, and low-fat milk are proven to be beneficial among humans.

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Market Segmentation:
• By Type
o Milk
o Milk Powder
o Butter
o Cheese
o Yogurt
o Others
• By Distribution Channel
o Online Sales*
o Offline Sales
 Supermarkets and Hypermarkets
 Convenience Stores and Discount Stores
 Others

Company Profiles:
1. Danone S.A.
2. Nestlé S.A.
3. Fonterra Co-operative Group
4. Royal FrieslandCampina N.V.
5. Lactalis International
6. Dairy Farmers of America Inc.
7. Arla Foods amba
8. Saputo Inc.
9. Yili Group
10. Amul

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