Learn about the global dairy food market through The Business Research Company, which provides information on dairy food market size, dairy food market drivers and restraints, dairy food market players, the COVID-19 impact on the dairy food market, and more.

The dairy food market size is expected to grow from $0.72 trillion in 2021 at a CAGR of 7.0% to nearly $1.01 trillion by 2026. Also, the global dairy food market size is expected to grow to $1.36 trillion in 2031 at a CAGR of 6.1%.

Consumers are considering dairy foods as an immunity boost, which manufactures are tapping into by adding ingredients such as probiotics and marketing (though they have to be really careful with what they claim) added health benefits and this will further drive the growth of the market during the forecast period.

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The dairy food market consists of sales of dairy products by entities (organizations, sole traders, and partnerships) that produce dairy products such as milk, products from raw milk, and processed milk products. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments.

Global dairy food market segments include:

By Type: Milk and Butter, Cheese, Dry, Condensed, and Evaporated Dairy Products, Ice Cream and Frozen Dessert

By Milk and Butter: Milk, Butter

By Cheese: Natural Cheese, Processed Cheese

By Dry, Condensed, And Evaporated Dairy Products: Dry Dairy Product, Condensed Dairy Product, Evaporated Dairy Product

By Ice Cream And Frozen Dessert: Ice Cream, Frozen Dessert

By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global dairy food market, accounting for 42.1% of the total in 2021

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 to provide insights into how a process or system is operating. This technology is being used to track ingredients used in products as well as the journey the products take through the supply chain. 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.

TBRC’s dairy food market report covers:

Major Market Players: Groupe Lactalis S.A., Danone S.A., Fonterra Co-operative Group Limited, Inner Mongolia Yili Industrial Group Co., Ltd., Nestle S.A.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Dairy Food Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides dairy food market overviews, analyzes and forecasts market size, share, dairy food market players, dairy food market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s dairy food market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Milk Substitutes (Non Dairy Milk) Global Market Report 2022

Lactose Free Food Global Market Report 2022

Milk And Butter Global Market Report 2022

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