Dairy products industry is one of the most dynamic markets
globally. Growing health concerns due to consumption of
non-vegetarian foods has prompted consumers to go for vegetarian
foods and dairy products. Dairy products include a very broad range
of products such as cheese, yoghurt, butter, buttermilk, ice cream,
lactose free milk, cream and frozen desserts among others.
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A
new market intelligence study by Transparency Market Research
presents a detailed overview of the global
dairy
products
market.
The report is titled “Global Dairy Products Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 -
2019.” The report provides a comprehensive analysis of the growth
drivers, factors challenging growth, trends, innovations, and
projections of the market for the period from 2013 to 2019.
The
availability of a wide product range has helped the global dairy
products market to grow significantly. The rising competition among
manufacturers of dairy products has given rise to newer dairy
products with attractive packaging. These products are now available
in varying quantities as per the requirements of a consumer, thus
encouraging sales.
With
the introduction of the functional dairy products, diary industry is
expected to witness robust growth during the years to come. New
product introductions in the ice cream, frozen dessert, yoghurt and
cheese sectors have attracted a large group of consumers thereby
boosting the dairy products market. In addition, launch of innovative
dairy products such as organic, vitamin enriched and ready-to-eat
convenient foods has propelled the dairy products market growth. On
the other hand, reduced milk trade between countries is expected to
hinder the progress of global dairy products market in the near
future. The dairy products market in Asia Pacific and Latin America
is expected to exhibit healthy growth in the near future. Europe is
the leading producer and consumer of processed dairy products, such
as cheese, butter, yogurt, and yellow fats category products.
The
report states that the global
dairy products market in Asia Pacific and Latin America will grow
significantly. Europe is currently the leading producer and consumer
of dairy products such as butter, cheese, yellow fats, and yogurt.
Some
of the key players in dairy products market include Amul, Danone,
Arla Foods UK Plc., Dairy Farmers of America Inc., Parmalat S.P.A,
Dean Foods Company, Groupe Lactalis SA, Fonterra Group Cooperative
Limited, Kraft Foods, Inc., Meiji Dairies Corp., Megmilk Snow Brand
Co. Ltd., Nestle SA, Sancor Cooperativas Unidas Limited, Royal
FrieslandCampina N.V., and Unilever N among others.
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