Global Dairy Products Market Propelled by Introduction of Organic and Ready-to-eat Dairy Products

A report from Transparency Market Research, titled ‘Global Dairy Products Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,’ states that the global dairy products market is expected to progress rapidly during the period between 2013 and 2019 owing to the introduction of various functional dairy products.

Dairy products include a broad range of products such as butter, cheese, yogurt, buttermilk, lactose-free milk, frozen desserts, ice cream, and cream. The dairy products industry is one of the dynamically growing markets across the globe. Over the past few years, hospitals and clinics have registered numerous health concerns due to the increasing consumption of non-vegetarian food products. This has resulted in a growth in the demand for dairy products and vegetarian foods.

The introduction of new products in the frozen dessert, ice cream, cheese, and yogurt sectors is predicted to propel the global dairy products market during the period between 2013 and 2019. The launch of innovative dairy products, including organic, ready-to-eat, and vitamin-enriched products, is predicted to contribute further towards the growth of the global dairy products market in the years to come. However, reduced trade of milk between many countries is predicted to hamper the growth of the global dairy products market in the next few years.

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The global dairy products market is divided by geography into North America, Latin America, Asia Pacific, Europe, and Rest of the World. Currently, the global dairy products market is dominated by Asia Pacific, followed by Latin America. The introduction of new dairy products across Asia Pacific makes this region a global leader. The demand for dairy products across Latin America is predicted to propel the Latin America dairy products market in the years to come. However, Europe is the leading producer of many processed dairy products such as yellow fats category products, butter, cheese, and yogurt.

The leading players in the global dairy products market are taking conscious efforts to improve the quality of all dairy products and introduce a new set of ready-to-eat dairy products. As people have become more health conscious, they are increasingly opting for organic food, vitamin-enriched food, and foods with natural ingredients. The easy availability of vitamin-enriched dairy products and organic dairy products is expected to contribute majorly towards the growth of the global dairy products market in the years to come.

Some of the prominent players operating in the global dairy products market are Amul, Danone, Dairy Farmers of America Inc., Dean Foods Company, Fonterra Group Cooperative Limited, Meiji Dairies Corp., Nestle SA, Royal FrieslandCampina N.V., Parmalat S.P.A, Groupe Lactalis SA, Kraft Foods, Inc., Megmilk Snow Brand Co. Ltd., Sancor Cooperativas Unidas Limited, and Unilever N.

Currently, organic dairy products are in demand across the globe. The sales of organic dairy products are expected to increase in the coming few years. Considering the safety and nutritional values of organic dairy products, their demand is expected to increase in the next few years. The growing varieties of organic dairy products and the entry of new players will propel the global dairy products market in the forecast period.