Global Dairy Food Market Opportunities And Strategies – Forecast To 2030 – Includes Dairy Food Industry
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The COVID-19 pandemic had boosted the need for people to stay healthy and eat healthier food, many people made changes in their lifestyle, as per The Business Research Company’s dairy food market opportunities and strategies report.
The dairy food market 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%.
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Major players in the dairy food market include Groupe Lactalis S.A., Danone S.A., Fonterra Co-operative Group Limited, Inner Mongolia Yili Industrial Group Co., Ltd., Nestle S.A.
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.
The Global Dairy Food Market Is Segmented:
By Type: Milk And Butter (Milk, Butter), Cheese (Natural Cheese, Processed Cheese), Dry, Condensed, And Evaporated Dairy Product (Dry Dairy Product, Condensed Dairy Product, Evaporated Dairy Product), 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 is the largest region in the global dairy food market.
TBRC’s Dairy Food Market Report Covers:
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 – Opportunities And Strategies – Global Forecast To 2031 is one of a series of new reports from The Business Research Company that provides thorough dairy food market research, analyzes and forecasts dairy food market size, dairy food market share, dairy food market players, dairy food market trends, dairy food market segmentation 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.
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.
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