PUBLISHER: MarketLine | PRODUCT CODE: 1856069
PUBLISHER: MarketLine | PRODUCT CODE: 1856069
Global Dairy industry profile provides top-line qualitative and quantitative summary information including: market share, Market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Market.
Dairy market includes retail sales of milk, cheese, yogurt, dairy-based & soy-based desserts, drinkable yogurt, and others. The scope of others includes butter & spreadable fats, cream, etc. Market is valued according to retail selling price (RSP) and includes any applicable taxes.
By distribution channel, the market is segmented into food & drinks specialists, independent stores, supermarkets, hypermarkets, and others. The scope of others includes e-commerce, discounters, cash & carries, etc.
All market data and forecasts are based on nominal prices and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates. The USD values may show a declining trend for few countries such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
The global dairy market recorded revenues of $637,402 million in 2024, representing a compound annual growth rate (CAGR) of 3.4% between 2019-24.
Market consumption volume increased with a CAGR of 1.1% between 2019-24, reaching a total of 193,006.6 million kilograms in 2024.
The global dairy market revenue experienced moderate growth during the review period, primarily driven by an expanding global population.