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Major Players in dairy foods are Lactalis S.A., Danone S.A., Fonterra Co-operative Group Limited, Inner Mongolia Yili Industrial Group Co., Ltd., Nestle S.A.

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The dairy food market is expected to grow 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%.

Asia Pacific was the largest region in the global dairy food market.

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.

The COVID-19 pandemic had boosted the need for people to stay healthy and eat healthier food, many people made changes in their lifestyle.

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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 Segments:

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

The Dairy Food Market Report 2022 –Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides an overview of the dairy food market globally and regionally, analyzes and forecasts market size, share, dairy food market players, dairy food market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Bulk Food Ingredients Global Market Report 2022

Concentrated Milk Fat Global Market Report 2022

Commercial Seaweed Global Market Report 2022

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