Thursday, December 1 2022

Dairy Products Market 2022 – Opportunities and Strategies – Global Forecast to 2031

The Business Research Company Dairy Products Market 2022 – Opportunities and Strategies – Global Forecast to 2031

LONDON, GREATER LONDON, UK, July 14, 2022 / — Many dairy manufacturing companies are growing their retail and individual consumer customer base through e-commerce platforms. Dairy market trends include increasing use of internet and e-commerce platforms by consumers, which facilitates online dairy sales and also gives businesses access to new markets without heavy investment in distribution channels. For example, Mother Dairy, an Indian manufacturer of milk and other dairy products linked to nine online retailers, including Big Basket, Grofers, AskMe Grocery, Sangam Direct, SRS Grocery, Just Buy Live, Grocermax, Orange E-Tokri, and Innerchef for dairy sales to expand the company’s presence in the e-commerce space and increase revenue in the country.

According to dairy market analysis, the COVID-19 pandemic has heightened people’s need to stay healthy and eat healthier foods, many people have made lifestyle changes. The evolution of consciousness has led to a renewed interest in healthy eating. Demand for immunity-boosting foods has skyrocketed across the world as people look to fortify themselves against viral scare. The emphasis on preventive health care is gradually but systematically bringing about change in what we eat and how we eat. Consumers view dairy products as an immune booster, which manufacturers exploit by adding ingredients such as probiotics and marketing (although they should be very careful what they claim) have added health benefits, which will further boost the growth of the market during the forecast period.

Learn more about the Global Dairy Products Market report

The global dairy market size reached a value of nearly $0.72 trillion in 2021, having grown at a compound annual growth rate (CAGR) of 5.1% since 2016, and is expected to grow at a CAGR of 7.0% to reach nearly $1.01 trillion by 2026 Further, the global dairy market share is expected to reach $1.36 trillion in 2031 at a CAGR of 6.1%.

Key Players Covered in Global Dairy Products Industry are Groupe Lactalis SA, Danone SA, Fonterra Co-operative Group Limited, Inner Mongolia Yili Industrial Group Co., Ltd., Nestle SA

TBRC’s Dairy Products Market report is segmented by Type into Milk & Butter, Cheese, Dried, Condensed & Evaporated Dairy Products, Ice Cream & Frozen Desserts, by Distribution Channel into Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, others.

Dairy Products Market 2022 – By Type (Milk and Butter, Cheese, Dry, Condensed and Evaporated Dairy Products, Ice Cream and Frozen Desserts), by Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, E-Commerce) and by Region, Opportunities and Strategies – Global Forecast to 2031 is part of a series of new reports from The Business Research Company that provides an overview of the dairy products market, forecasts the dairy products market size and growth for the overall market, Dairy Products Market Segments, Geographies, Dairy Products Market Trends, Dairy Products Market Drivers, Restraints, Revenues, Profiles and Market Shares of Key Competitors.

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