Dairy Products Market, By Product Type, By Distribution Channel, By Geography

Description

Global Dairy Products Market is estimated to be valued at USD 140.50 Bn in 2025 and is expected to reach USD 247.26 Bn by 2032, growing at a compound annual growth rate (CAGR) of 8.4% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 140.50 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	8.40%	2032 Value Projection:	USD 247.26 Bn

Figure. Dairy Products Market Share (%), By Region 2025

The dairy products market has witnessed substantial growth over the past few decades owing to increased demand from growing populations worldwide. Dairy products are an important source of nutrients for many populations as they are rich in calcium, vitamins, proteins and minerals. Milk and milk products provide nourishment as well as livelihood to millions of people. Milk being a highly perishable commodity, technological advancements in the cold chain infrastructure has enabled greater distribution of products across regions. The dairy industry has also innovated novel product offerings such as flavored milk, yogurt drinks and cottage cheese to appeal to evolving consumer preferences. Rising health-consciousness globally has further augmented demand for dairy alternatives such as soy, almond and oat milk products. Rapid urbanization accompanied with increasing disposable incomes in developing countries continues to augur well for the dairy market in the coming years.

Market Dynamics:

The dairy products market is primarily driven by rising global population and changing dietary habits. Increasing awareness about benefits of dairy for strong bones and muscles among consumers has catalyzed industry expansion. Developing nations in Asia Pacific and Latin America currently exhibit most potential for growth, attributed to growing middle class consumers opting for protein-rich diets. However, fluctuation in raw milk prices owing to adverse weather conditions poses a major challenge to dairy farmers and processors. Strict norms regarding antibiotics residues and quality standards also add to the operational costs. Furthermore, growing preference for plant-based dairy alternatives among health-conscious millennials is restricting market growth. Nevertheless, technological advancements in cold chain infrastructure, supply chain systems and processed/packaged products are enabling industry players to tap into usually inaccessible markets. Production of low-fat, calcium-fortified goods also addresses health issues among world population.

Key Features of the Study:

This report provides in-depth analysis of the global dairy products market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global dairy products market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Arla Foods Amba, Dairy Farmers of America Inc., Danone S.A., DMK Group, Fonterra Co-operative Group Limited, Frieslandcampina, GCMMF, Lactalis International, Meiji Holdings Co. Ltd., Nestle S.A., Dean Foods Company, Saputo Inc., Megmilk Snow Brand Co. Ltd., Parmalat S.p.A., Unilever N.V., The Kraft Heinz Company, Royal FrieslandCampina, and DMK Group
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global dairy products market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Detailed Segmentation-

By Product Type:
- Milk
- Cheese
- Butter
- Dessert
- Yogurt
- Others
By Distribution Channel:
- Supermarket/Hypermarket
- Specialty Stores
- Convenience Stores
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Arla Foods Amba
- Dairy Farmers of America Inc.
- Danone S.A.
- DMK Group
- Fonterra Co-operative Group Limited
- Frieslandcampina
- GCMMF
- Lactalis International
- Meiji Holdings Co. Ltd.
- Nestle S.A.
- Dean Foods Company
- Saputo Inc.
- Megmilk Snow Brand Co. Ltd.
- Parmalat S.p.A.
- Unilever N.V.
- The Kraft Heinz Company
- Royal FrieslandCampina
- DMK Group

Product Code: CMI5036

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions

4. Global Dairy Products Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Dairy Products Market
Impact Analysis

5. Global Dairy Products Market, By Product Type, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Milk
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
- Segment Trends
Cheese
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
- Segment Trends
Butter
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
- Segment Trends
Dessert
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
- Segment Trends
Yogurt
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
- Segment Trends
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
- Segment Trends

6. Global Dairy Products Market, By Distribution Channel, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Supermarket/Hypermarket
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
- Segment Trends
Specialty Stores
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
- Segment Trends
Convenience Stores
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
- Segment Trends
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
- Segment Trends

7. Global Dairy Products Market, By Region, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, For Region, 2021-2032
North America
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, (US$ Bn))
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032 (US$ Bn)
- Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

8. Competitive Landscape

Market Share Analysis
Company Profiles
- Arla Foods Amba
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Dairy Farmers of America Inc.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Danone S.A.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- DMK Group
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Fonterra Co-operative Group Limited
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Frieslandcampina
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- GCMMF
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Lactalis International
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Meiji Holdings Co. Ltd.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Nestle S.A.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Dean Foods Company
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Saputo Inc.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Megmilk Snow Brand Co. Ltd.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Parmalat S.p.A.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Unilever N.V.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- The Kraft Heinz Company
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Royal FrieslandCampina
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- DMK Group
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Section

References
Research Methodology
About Us and Sales Contact