The Business Research Company’s global
dairy market,
covers the year-on-year growth of the global dairy historic and
forecast growth. It also includes chapters on the trends, geographical
analysis, and competitive landscape.
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the report at:
The global dairy market is forecast to grow at a CAGR
(compound annual growth rate) of around 6 % to 2022.
Dairy
Market Market Trends
Lactose-free dairy products, increasing demand
for clean label products and increasing demand for organic cheeses are the
major trends witnessed in the global dairy market. With population growth in many
countries in Asia, shift towards organic dairy products, government initiatives
to provide subsidized milk products in countries such as India and rising
disposable income, the scope and potential for the global dairy market is
expected to significantly rise in the forecast period.
Milk
& Butter was the largest segment in the dairy market accounting for 40 % of
the market. This was due to the presence of a large number of milk
manufacturing companies catering to a large customer base. This segment includes
establishments manufacturing processed milk products such as pasteurized milk,
cream, creamery butter, sour cream and fluid milk dairy substitutes from
soybeans and other non-dairy substances.
The global dairy is primarily driven by population
growth in many countries in Asia, shift towards organic dairy products,
government initiatives to provide subsidized milk products in countries such as
India and rising disposable income.
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The global dairy market report covers the following
regions under the geographical analysis section: Asia Pacific, Western Europe,
North America, Middle East, Africa, South America, and Eastern Europe. Major
countries under each of these regions are also covered under the country
analysis chapters.
With emergence increasing demand for cheese,
yogurt and ice creams in emerging markets due to rising disposable income in
developing countries the global dairy is expected to increase in potential and
scope. TBRC’s report also covers the global dairy market report drivers and
restraints in the market.
The global dairy market segment shares in each
geographic region are mentioned in the report, along with the historic and
forecast growth rates for each segment presented visually with supporting
reasons to justify the growth rates.
The top companies included in the global dairy
report are Nestle, Dairy Farmers of America, Fonterra Group Cooperative
Limited, Danone, Arla Foods
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researchers in 15 countries globally.
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