Dairy Products Market Size, Revenue Analysis, Industry Outlook, Forecast, 2027Posted by Supriya Kokate on September 8th, 2021 The global dairy products market was valued at 494.5 billion in 2020 and is predicted to expand with a CAGR of 2.8% during the projected period. Milk and other dairy parts are an essential part of the diet of many people globally. The dairy products are rich in Vitamin A, D, calcium, phosphorous, and riboflavin. As a part of a healthy diet, people often prefer low-fat, lactose, and cholesterol-free dairy products. The main factors driving the market for dairy products are the rising consumption of dairy products coupled with a change in customer preference to dairy products for protein supplementation. To get a FREE sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/3834 Lenient regulatory norms and a rise in funds from the public and private sectors are expected to surge the market for dairy products. The utilization of automation technologies in dairy farms as well advances in agriculture and animal husbandry are increasing the market expansion. However, better alternatives for cholesterol-free products such as almond milk, soymilk, and rice milk are the key restraints for the dairy products market. The global Dairy Products market is projected to account for significant revenue growth between 2021 and 2028 owing to growing demand for organic and healthy food and consumer preference for a healthy lifestyle. One of the key factors boosting market demand is the rapidly expanding population and constant demand for food and high quality food products. Increasing awareness and adoption of veganism, plant based and gluten free products, and rising demand for nutritious food and drinks is fueling global Dairy Products market revenue growth. High preference for probiotic drinks, health and energy drinks, meat free products, packaged and frozen food, growing demand for bottled and flavored water is further fueling market growth. In addition, increasing disposable income, high consumption of beverages especially in the developing countries is fueling market growth. Key players in the dairy products market include Nestle, Royal FrieslandCampina, Amul, Danone, Dean Foods Company, Megmilk Snow brand Co. Ltd, Fonterra Co-operative, Arla Foods amba, Dairy Farmers of America, Inc. and Lactalis SA For this study, Reports and Data has segmented the global Dairy Products market based on Product Type, Distribution Channel, and Region: Product Outlook (Revenue, USD Billion, 2020 - 2028)
Distribution Channel Outlook (Revenue, USD Billion, 2020 - 2028)
Regional Outlook (Revenue, USD Billion, 2020 - 2028)
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Key Features of the Dairy Products Market Report:
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