Global Dairy Products Market to Benefit from Increasing Demand for Vegetarian Foods for Health Reasons

Transparency Market Research’s (TMR) new market study on the global dairy products market provides valuable insights on the progression of the said market for the six-year forecast period from 2013 to 2019. The report is titled “Global Dairy Products Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019” and is available for sale on the company website.

The research report elucidates the development of the market with intensive research that adds to the credit of this report. Agriculture and dairy production conventions, animal husbandry practices, and utilization of technology are some of the indicators that were scrutinized for all regions as part of the research phase. Other than this, cultural beliefs, economic background, and education are some other factors that determine the eating habits of a region, which in turn influence the growth of the associated markets. An assessment of these aspects is in the scope of the study as well.

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In current times, increasing health concerns related with agricultural and dairy farming practices have led to concerns regarding food consumption. In this regard, increasing preference for vegetarian and dairy foods over non-vegetarian foods is trending across the world. Vegetarian and dairy foods are not inferior in nutrition to non-vegetarian foods and don’t require animal slaughter.

A dairy refers to a business enterprise primarily involved in the harvesting or processing (or both) of animal milk, largely from cows or goats, and buffaloes, horses, sheep, and camels to some extent. Foods that are produced from the milk of mammals are dairy product or milk products, and include cheese, butter, ice cream, cream, yogurt, and buttermilk, among others.

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According to the report’s findings, the global dairy products market will tread a robust growth trajectory in the coming years. Increasing preference for nutritional foods, health awareness, and increasing purchasing power in emerging economies have led to larger spending on foods and beverages, of which dairy product are an important constituent.

With the introduction of functional dairy products such as frozen desserts and ice cream, which befits the changing lifestyle and changing eating habits of consumers in emerging economies, the dairy products market will be benefitted. Keeping with the growing demand for organic and fortified foods, dairy product manufacturers have introduced novelty foods that are free of pesticides throughout the production cycle and are also enriched with essential vitamins.

The report points out some of the leading players that operate in the global market for dairy products, including Amul, Arla Foods UK Plc., Parmalat S.P.A, Groupe Lactalis SA, Kraft Foods Inc., Sancor Cooperatives Unidas Limited, Unilver N, Danone, Dairy Farmers of America Inc., Dean foods Company, Fonterra Group Cooperative Limited, Nestle SA, and Royal FrieslandCampina N.V., among others.

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