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Dairy Food Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 |Groupe Lactalis S.A., Danone S.A., Fonterra Co-operative Group Limited, Inner Mongolia Yili Industrial Group Co., Ltd., Nestle S.A., Saputo Inc, Arla Foods amba, Da

Dairy Food Market Size

Dairy Food Market Size

As per the report, the dairy food market size has grown strongly in recent years. It will grow from $810.37 billion in 2023 to $865.76 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The dairy food market size is expected to see strong growth in the next few years. It will grow to $1110.15 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%.

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Growing Appetite For Organic Dairy Products In The Dairy Food Industry
The increasing demand for local, sustainable, and organic food production is expected to positively impact the dairy food market during the forecast period. Organic food production, including organic dairy products, places a strong emphasis on consumer health, environmental protection, and animal welfare. Consumers are now becoming more concerned with how food is raised and prepared and are willing to pay a little more for something they recognize as healthy. Across Europe, there is a very high import rate (especially for fruits and vegetables), as the rate of production is far lower than the consumer demand for organic produce. For instance, in June 2022, the Organic Trade Association, a US-based trade association representing over 9,500 organic businesses, between the years 2020 and 2021, organic sales increased by 2% surpassing $63 billion as compared to previous years. This growing demand for organic products offers considerable opportunities for dairy product producers in both developed and developing countries, which is likely to drive the market during the forecast period.

IOT Revolutionizing Dairy Product Tracking And Safety
The Internet of Things (IoT) technology is increasingly being used to track dairy products and ensure safe product handling. IoT technology consists of a network of devices, vehicles, or other items that continuously exchange data and provide insights into a process or system. This technology is being used to track ingredients being used in products. Equipment connected to the internet in trucks and storage coolers can be used to monitor dairy products and tag them with environmental conditions like temperature or location that provide information about safe product handling during transportation. For instance, the Chinese government implemented the National Food Quality Safety Traceability Platform, using IoT technology to improve the quality and safety of food production supply chains.

The dairy food market covered in this report is segmented -

1) By Type: Milk And Butter, Cheese, Dry, Condensed, And Evaporated Dairy Products, Ice Cream And Frozen Dessert
2) By Source: Cattle, Sheep, Goat, Camel
3) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others

Sub segments: Milk, Butter, Natural Cheese, Processed Cheese, Dry Dairy Product, Condensed Dairy Product, Evaporated Dairy Product, Ice Cream: Frozen Dessert

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Major companies operating in the dairy food market report are Groupe Lactalis S.A., Danone S.A., Fonterra Co-operative Group Limited, Inner Mongolia Yili Industrial Group Co., Ltd., Nestle S.A., Saputo Inc, Arla Foods amba, Dairy Farmers of America, The Kraft Heinz Company, Amul, Pacific Dairy, China Mengniu Dairy Company Limited, Milk Powder Co.Ltd, China Shengmu Organic Milk Limited, Mother Dairy, Kwality Limited, Dynamix Dairy, AAVIN, MILMA, Dudhsagar Dairy, Bates Dairy, Müller UK & Ireland, Dairy Crest, Meadow Foods, Dale Farm, Yeo Valley, Glanbia Cheese, Lactalis International, Kompaniya Pavlov, Olam, Rusmolco, CLAL, Siemens Dairy industry, Gabrovo Milk Ltd., JOSSI Ltd., Kondov Ecoproductia, Sofia, Agropur Cooperative, Schreiber Foods, Kraft Heinz Co., ConAgra Brands, Prairie Farms Dairy Inc., California Dairies Inc., Italac, Piracanjuba, La Serenísima, Colun, Ilolay, Sunopta In, The Hain Celestial Group Inc, Earth's Own Food Company, Eden Foods, Inc, Nada Dairy, Nadec, Saudia Dairy and Foodstuff Company, Ornua, Danya Foods Ltd, Al Amoudi Group, Almarai, Freisland, Pinar Dairy Food Co, Tara Dairy, Bandini Cheese (Pty) Ltd., Clover SA (Pty) Ltd., Coega Dairy (Pty) Ltd., Douglasdale Dairy (Pty) Ltd., Dewfresh (Pty) Ltd.

Contents of the report:
1. Executive Summary
2. Dairy Food Market Report Structure
3. Dairy Food Market Trends And Strategies
4. Dairy Food Market - Macro Economic Scenario
5. Dairy Food Market Size And Growth
…..
27. Dairy Food Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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