Press release
Global Dairy Market Set to Explode and Reach US$ 1,243 Billion by 2028
Report Highlights:
How big is the global dairy market?
The global dairy market size reached US$ 893 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,243 Billion by 2028, exhibiting a growth rate (CAGR) of 5.79% during 2023-2028.
Global Dairy Market Overview:
Dairy products are produced by using milk that is harvested from animals. Some of the common dairy items include cheese, ice cream, butter, yogurt, etc. Dairy production plants use two types of processing, such as heat treatment and dehydration. These processes aid in extending the shelf life and ensuring the safety of the end product for human consumption. Dairy products are rich in carbohydrates, protein, calcium, potassium, phosphorus, riboflavin, vitamins A, D, and B12, etc. These compounds offer numerous health benefits, such as supporting body growth, building and repairing muscle tissues, maintaining strong bones, regulating blood pressure, etc.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/global-dairy-market/requestsample
Global Dairy Market Trends:
The increasing demand for ready-to-eat (RTE) items, including butter, frozen desserts, milk powder, yogurt, etc., on account of the hectic working schedules of individuals, is primarily augmenting the global dairy market. Furthermore, the development of quick service restaurants (QSR) and fast-food chains, where a wide array of cheese, condensed milk, buttermilk, sour milk, etc., are used as major ingredients, is also catalyzing the market growth. Apart from this, the easy availability of flavored milk and ice creams in innovative flavors, such as chocolate, strawberry, vanilla, almond, etc., is acting as another significant growth-inducing factor. Moreover, the rising investments by key market players to improve the milk procurement network and promote domestic dairy farming practices are also bolstering the global market. Besides this, the introduction of modern retail facilities and continuous enhancements in cold chain logistics are further propelling the market growth. Additionally, extensive R&D activities are expected to fuel the global dairy market in the coming years.
Global Dairy Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the dairy market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the global dairy market on the basis of segment and region.
๐๐ก๐๐๐ค๐จ๐ฎ๐ญ ๐๐จ๐ฐ: https://www.imarcgroup.com/checkout?id=703&method=67
Breakup by Segment:
โข Liquid Milk
โข Flavoured Milk
โข Cream
โข Butter
โข Cheese
โข Yoghurt
โข Ice Cream
โข Anhydrous Milk Fat (AMF)
โข Skimmed Milk Powder (SMP)
โข Whole Milk Powder (WMP)
โข Whey Protein
โข Lactose Powder
โข Curd
โข Paneer
Market Breakup by Region:
โข North America (United States, Canada)
โข Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โข Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โข Latin America (Brazil, Mexico, Others)
โข Middle East and Africa
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐จ๐ซ ๐๐% ๐๐ซ๐๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=703&flag=C
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
๐๐ฏ๐ผ๐๐ ๐จ๐:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐ฆ:
IMARC Group
134 N 4th St Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
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