Global Dairy Market Size, Share, Growth, Trend & Forecast 2026

Report Description

Global Dairy Market was valued around USD711 billion in 2020 and is expected to grow at a brisk rate of 4.78% during the forecast period. The global dairy market is mainly driven by healthy aging, increasing health consciousness among consumers and gym culture. In addition to this, availability of quality dairy products of improved varieties and hybrids, adoption of new government policies, strong marketing activities by leading players are also contributing to the market growth. The United States Department of Agriculture (USDA) has stated that adults should consume 3 servings of dairy products per day and children should consume around 2 or 2.5 servings per day, depending on their age. Dairy products are rich in calcium which builds strong bones and is necessary for other functions such as muscle contraction and nerve transmission, and this is one of the main reasons that the USDA and US National Institutes of Health (NIH) recommend that people should consume dairy products on daily basis.

Global dairy market is segmented based on product type, distribution channel, region, and company. In terms of product type, the global dairy market is segmented into drinking milk, cheese, yogurt, butter, and others. Out of which, drinking milk is dominating the market followed by cheese, due to growing focus on health. The cheese market is witnessing a progressive growth due to the rising demand for cheese in food services. Rising cheese consumption has been supported by the ready availability of a variety of cheese, more away-from-home eating, and greater popularity of ethnic cuisines that employ cheese as a major ingredient. Mozzarella has been the most popular variety in recent years, followed by Cheddar. The rise in demand for fast foods such as pizza, pasta, the burger has also led to the growth of cheese market. Countries like France, Germany, US, Saudi Arabia, Brazil, Mexico, Australia, India have the highest consumption of cheese.

In terms of region, the Global Dairy market has been segmented into various regions including Asia-Pacific, Europe, North America, South America, and Middle East & Africa. Among these regions, Asia-Pacific is the leading market followed by North America due to changing tastes and preferences of consumers, growth in population, the shift in consumption pattern towards branded dairy products, and consumer propensity towards consumption of dairy products. In Asia-Pacific, India held a majority share in the dairy market in 2020, on account of huge popularity and consumer preferences for dairy products. The development of India’s dairy sector started through a program called “Operation Flood” launched on 13 January 1970, which was the world's largest dairy development program and a landmark project of India's National Dairy Development Board (NDDB). Additionally, increasing urbanization, changing food habits, and higher penetration of processed foods will be the key drivers of future consumption and growth of dairy products during the forecast period.

The major player operating in the global dairy market are Dairy Farmers of America Inc, Lactalis Group, Fonterra Group Cooperative group Ltd, Danone S.A., Yili Group, and Others. To sustain in the growing market companies are continuously investing in research & development, technology up-gradation and many companies have tied up with diverse family farmers across countries. Moreover, companies are finding a home for their milk, operating plants to process their milk, and investing in new opportunities and all this is expected to further contribute to the growth of the global dairy market in the forecast period.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021E

Forecast Period: 2022F–2026F

Objective of the Study:

To analyze historical growth in the market size of the global dairy market from 2016-2020.
To estimate and forecast the market size of global dairy market from 2021 to 2026 and growth rate until 2026.
To define, classify and forecast the global dairy market based on Product Type (Drinking Milk, Cheese, Yogurt, Butter & Others), distribution Channel (Departmental Stores, Independent Stores, Hypermarket/Supermarket, Online) and Company.
To identify the dominant region or segment in the global dairy market.
To identify drivers and challenges for the global dairy market.
To examine competitive developments such as expansion, new product launches, mergers & acquisitions, etc. in the global dairy market.
To identify and analyze the profile of leading players operating in the global dairy market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of the global dairy market using a bottom-up & Top-down approach, wherein data for various segments were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated them through analyzing historical data of these product type and distribution channel for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by TechSci Research.

Key Target Audience:

· Dairy manufacturers, suppliers, distributors, and other stakeholders.

· Government bodies such as regulating authorities and policy makers.

· Market research and consulting firms.

· Organizations, forums, and alliances related to dairy manufacturers.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global dairy market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

· Global Dairy Market, By Product Type:

o Drinking Milk

o Cheese

o Yogurt

o Butter

o Others

· Global Dairy Market, By Distribution Channel:

o Departmental Stores

o Independent Stores

o Hypermarket/Supermarket

o Online

• Global Dairy Market, By Region:

· Asia-Pacific

o India

o China

o Japan

o Australia

o New Zealand

o South Korea

o Rest of APAC

· North America

o United States

o Mexico

o Canada

o Rest of North America

· Europe

o Germany

o Italy

o United Kingdom

o France

o Spain

o Rest of Europe

· South America

o Brazil

o Colombia

o Argentina

o Rest of South America

· Middle East & Africa

o South Africa

o Saudi Arabia

o UAE

o Rest of MEA

· Global Dairy Market, By Company:

o Dairy Farmers of America Inc.

o Lactalis Group

o Fonterra Cooperative Group Ltd

o Danone S.A.

o Yili Group

o Others

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Dairy Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

· Detailed analysis and profiling of additional market players (up to five).

Table of content

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Dairy Market

4. Executive Summary

5. Voice of Customer

5.1. Factors Affecting Purchasing Decision

5.2. Brand Awareness

5.3. Challenges Faced Post Purchasing

6. Global Dairy Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

6.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

6.2.3. By Region

6.2.4. By Company (2020)

6.3. Market Map

7. Asia-Pacific Dairy Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

7.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

7.2.3. By Country

7.3. Asia-Pacific: Country Analysis

7.3.1. India Dairy Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

7.3.1.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

7.3.2. China Dairy Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

7.3.2.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

7.3.3. Japan Dairy Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

7.3.3.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

7.3.4. Australia Dairy Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

7.3.4.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

7.3.5. New Zealand Dairy Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt& Others)

7.3.5.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket, Online)

7.3.6. South Korea Dairy Market Outlook

7.3.6.1. Market Size & Forecast

7.3.6.1.1. By Value

7.3.6.2. Market Share & Forecast

7.3.6.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt& Others)

7.3.6.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket, Online)

8. North America Dairy Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

8.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

8.2.3. By Country

8.3. North America: Country Analysis

8.3.1. United States Dairy Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

8.3.1.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

8.3.2. Mexico Dairy Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

8.3.2.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

8.3.3. Canada Dairy Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

8.3.3.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

9. Europe Dairy Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

9.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

9.2.3. By Country

9.3. Europe: Country Analysis

9.3.1. Germany Dairy Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

9.3.1.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

9.3.2. Italy Dairy Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

9.3.2.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

9.3.3. United Kingdom Dairy Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

9.3.3.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

9.3.4. France Dairy Market Outlook

9.3.4.1. Market Size & Forecast

9.3.4.1.1. By Value

9.3.4.2. Market Share & Forecast

9.3.4.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

9.3.4.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

9.3.5. Spain Dairy Market Outlook

9.3.5.1. Market Size & Forecast

9.3.5.1.1. By Value

9.3.5.2. Market Share & Forecast

9.3.5.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

9.3.5.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

10. South America Dairy Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

10.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

10.2.3. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Argentina Dairy Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

10.3.1.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

10.3.2. Colombia Dairy Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

10.3.2.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

10.3.3. Argentina Dairy Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

10.3.3.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket &Online)

11. Middle East and Africa Dairy Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt& Others)

11.2.2. By Distribution Channel (Departmental Stores, independent Stores, Supermarket/Hypermarket, Online)

11.2.3. By Country

11.3. MEA: Country Analysis

11.3.1. South Africa Dairy Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

11.3.1.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

11.3.2. Saudi Arabia Dairy Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

11.3.2.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

11.3.3. UAE Dairy Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Product Type (Drinking Milk, Butter, Cheese, Yogurt & Others)

11.3.3.2.2. By Distribution Channel (Departmental Stores, Independent Stores, Supermarket/Hypermarket & Online)

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

14. Competitive Landscape

14.1. Competition Outlook

14.2. Company Profiles

14.2.1. Dairy Farmers of America Inc

14.2.2. Lactalis Group

14.2.3. Fonterra Cooperative Group Ltd

14.2.4. Danone S.A.

14.2.5. Yili Group

14.2.6. Unilever PLC

14.2.7. FrieslandCampina N.V.

14.2.8. Arla Foods amba

14.2.9. Saputo Inc.

14.2.10. Nestlé S.A.

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

List of Figures:

Figure 1: Global Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 2: Global Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 3: Global Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 4: Global Dairy Market Share, By Region, By Value, 2020

Figure 5: Global Dairy Market Share, By Company, By Value, 2020 & 2026F

Figure 6: Global Market Map Index, By Product Type Market Size (USD Billion) & Growth Rate (%), 2020

Figure 7: Global Market Map Index, By Region, Market Size (USD Billion) & Growth Rate (%), 2020

Figure 8: Asia-Pacific Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 9: Asia-Pacific Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 10: Asia-Pacific Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 11: Asia-Pacific Dairy Market Share, By Country, By Value, 2020 & 2026F

Figure 12: India Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 13: India Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 14: India Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 15: China Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 16: China Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 17: China Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 18: Japan Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 19: Japan Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 20: Japan Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 21: Australia Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 22: Australia Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 23: Australia Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 24: New Zealand Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 25: New Zealand Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 26: New Zealand Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 27: South Korea Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 28: South Korea Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 29: South Korea Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 30: North America Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 31: North America Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 32: North America Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 33: North America Dairy Market Share, By Country, By Value, 2020 & 2026F

Figure 34: United States Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 35: United States Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 36: United States Dairy Market Share, By Distribution channel, By Value, 2016-2026F

Figure 37: Mexico Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 38: Mexico Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 39: Mexico Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 40: Canada Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 41: Canada Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 42: Canada Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 43: Europe Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 44: Europe Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 45: Europe Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 46: Europe Dairy Market Share, By Country, By Value, 2020 & 2026F

Figure 47: Germany Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 48: Germany Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 49: Germany Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 50: Italy Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 51: Italy Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 52: Italy Dairy Market Share, By Distribution channel, By Value, 2016-2026F

Figure 53: United Kingdom Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 54: United Kingdom Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 55: United Kingdom Dairy Market Share, By Distribution channel, By Value, 2016-2026F

Figure 56: France Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 57: France Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 58: France Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 59: Spain Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 60: Spain Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 61: Spain Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 62: South America Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 63: South America Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 64: South America Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 65: South America Dairy Market Share, By Country, By Value, 2020 & 2026F

Figure 66: Brazil Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 67: Brazil Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 68: Brazil Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 69: Colombia Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 70: Colombia Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 71: Colombia Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 72: Argentina Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 73: Argentina Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 74: Argentina Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 75: Middle East & Africa Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 76: Middle East & Africa Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 77: Middle East & Africa Dairy Market Share, By Country, By Value, 2020 & 2026F

Figure 78: South Africa Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 79: South Africa Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 80: South Africa Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 81: Saudi Arabia Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 82: Saudi Arabia Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 83: Saudi Arabia Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 84: UAE Dairy Market Size, By Value (USD Billion), 2016-2026F

Figure 85: UAE Dairy Market Share, By Product Type, By Value, 2016-2026F

Figure 86: UAE Dairy Market Share, By Distribution Channel, By Value, 2016-2026F

Frequently asked questions

What is the Impact of COVID-19 on global dairy market?

COVID-19 has affected the global dairy market to a great extent. Due to the shutdown of retails stores, street vendors, restaurants, and ice-cream parlors’ and even marriages and functions were not happening which had brought down the sale of the dairy products across the globe. Despite the shuttering of businesses in other sectors, the dairy industry has persisted as one of the critical industries in producing, processing, packaging, transporting, selling, and serving fresh, safe, and nutritious dairy products to the world, which has potential to increase human health index as well as generate employment despite the spread of COVID-19.

Which type of dairy products are widely used?

Drinking milk is more widely used because milk is considered a complete food and it is a rich source of protein. Milk is also considered a part of the daily diet.

Who are the top 10 players in the market?

The top 10 players in the global dairy market are Dairy Farmers of America Inc, Lactalis Group, Fonterra Cooperative Group Ltd, Danone S.A., Yili Group, Unilever PLC, FrieslandCampina N.V., Arla Foods amba, Saputo Inc. and Nestlé S.A

Which region is expected to grow at the fastest rate?

Asia Pacific is expected to register the highest growth in the global dairy market over the next five years. This can be ascribed to the growing working population, changing consumer diets, burgeoning middle-class consumers especially in countries like China, India, and Japan. Additionally, in a country like India, people are becoming more health conscious, which is anticipated to drive the growth of market in the Asia Pacific region

Global Dairy Market By Product Type (Drinking Milk, Cheese, Yogurt, Butter & Others), By Distribution Channel (Departmental Store, Independent Stores, Hypermarket/Supermarket & Online), By Region, Competition, Forecast & Opportunities, 2026

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