Increasing
consumption of dairy products by vegetarians and inclusion of
functional products are among the most prominent factors for the
growing demand in the global market for dairy products, finds
Transparency Market Research. The report, titled “Dairy Products
Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2013 – 2019,” observes the dairy industry as one of the
most lucrative areas under the food and beverages sector and
forecasts a healthy growth rate during the forecast period.
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exclusive Sample of this
report:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1463
The
report notes that vendors in the global dairy products market cater
to a massive consumer base from respective regions. The products
include cream, milk, buttermilk, cheese, butter, yoghurt, ice cream
and lactose-free dairy products. Dairy products are known as an
excellent source of nutrients that are essential for body’s growth
and therefore are highly sought-after globally. The demand for dairy
products also feeds off the relative ease with which it can be
obtained from certain mammals that can adapt to their surroundings.
According
to the report, one of the growing trends in the global dairy product
market is product innovation in the type-based segments of frozen
desserts, yoghurts, cheeses, and ice creams. It is noted that the
developed economies contributed to the most prominent demand for
these innovative dairy products. Moreover, dairy products market also
includes growing number of ready-to-eat items that are convenient
ways of obtaining nutrition in the busy lifestyles. Conversely, the
report highlights the limitations that have been implemented on
international dairy trade as a cause of reduction in overall profits
earned by regional and key global players in the dairy products
market.
The
report features the facts and statistics that are vital in
understanding the dynamics of the current market and future
prospects. These recent statistics on global and regional dairy
product market are aimed at presenting a precise picture of the
market segments and the competitive landscape.
Geographically,
the report puts Europe as the leader in the global
dairy products market, both in terms of production and
consumption. Growing preference for functional dairy products is
expected to sustain Europe as the leading market during the forecast
period. However, Asia Pacific and Latin America are also showing
exponential rise in the consumption due to rising population and
emergence of higher quality and globally recognized dairy products.
Also, increased disposable income among the consumers is also noted
to increment the demand.
The
report reveals that top players in the global dairy products market
either have extremely strong hold over key regions or are globally
prominent. These players are also aggressively expanding into
untapped regions. Some of the key players in the market global market
for dairy products include Dairy Farmers of America Inc., Parmalat
S.P.A, Groupe Lactalis SA, Dean Foods Company, Amul, Danone, Arla
Foods UK Plc., Kraft Foods, Inc., Meiji Dairies Corp., Fonterra Group
Cooperative Limited, Megmilk Snow Brand Co. Ltd., Nestle SA, Sancor
Cooperativas Unidas Limited, Royal FrieslandCampina N.V., and
Unilever N.
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