Press release
Dairy Market | Boosting the Growth of the Artificial disc replacement market to CAGR Of 5%
The global dairy market is estimated to grow at a moderate rate of around 5% during the forecast period.The increasing population is one of the primary factors driving the demand for dairy products including milk, cheese, and butter among others and hence driving the market growth. Moreover, higher disposable income coupled with increasing health concerns also tends to propel the demand for dairy products across the globe. Global milk production has grown significantly in recent years. According to the Food and Agriculture Organization (FAO), global milk production has grown nearly 2.0% in 2020 to reach a volume of 906 million tons. The upsurge in milk output has been primarily driven by yield improvements, a considerable increase in dairy cattle numbers, and strong demand across the globe.
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Market Segmentation
The global dairy market has been analyzed on the basis of product type, form, distribution channel, and region. Based on the product type, the market is segmented into milk, cheese, butter, yogurt, and others. Milk products segment is estimated to hold a prominent share in the market. Based on form, the market is bifurcated into fresh products and processed products. Freshly consumed dairy products that are unprocessed or only slightly processed (for instance, pasteurized or fermented) dominate the global dairy market.
Further, on the basis of distribution channel, the market covers the analysis of conventional retail and modern retail. Modern retail segment further includes supermarket/hypermarket, specialty stores, and online retail. Geographically, the market is analyzed into North America, Western Europe, Eastern Europe, Asia Pacific, Latin America, and Middle East & Africa.
Market Structure and Competition Landscape
The growth of the global dairy market is characterized by the presence of players operating in the market. Some of the prominent players that contribute significantly to the market growth include Lactalis International, Nestle S.A., Dairy Farmers of America Inc., Danone S.A., Yili Group, Fonterra Co-operative Group Limited, Royal FrieslandCampina N.V., Arla Foods amba, China Mengniu Dairy Company Limited, Saputo Inc., Unilever PLC, DMK Deutsches Milchkontor GmbH, Meiji Holdings Company, Ltd., Savencia Fromage & Dairy, and The Kraft Heinz Company, among others. These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market.
In December 2021, Michigan Milk Producers Association announced the acquisition of Superior Dairy in Canton, Ohio, a subsidiary of LEL Operating Co. The acquisition would enhance the company's innovation and product diversity.
In July 2019, Dreamery a consumer brand of Fonterra Future Dairy, has been launched to cater a wide range of consumers in India. Dreamery is a joint venture between global dairy nutrition company Fonterra and India-based Future Consumer. Products included in the Dreamery range are yogurts among others.
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Table of Content:
Chapter One: Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
Chapter Two: Assumptions and Acronyms
Chapter Three: Executive Summary
3.1. Global Market in2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
Chapter Four: Research Methodology
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Chapter Five: Analysis of COVID-19 Impact and Road Ahead
Chapter Six: Market Indicators and Background
6.1. Macro-Economic Factors
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, consumption patterns, economic conditions, disposable income, dairy product prices, among others
6.3. Supply Chain & Value Chain Analysis
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter's Five Forces Analysis
Chapter Seven: Global Dairy Trade Analysis
7.1. EXIM Analysis by Product Type
7.2. EXIM Analysis by Top Countries
Chapter Eight: Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
Chapter Nine: Pricing Analysis
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