Transparency
Market Research has revealed valuable details on the demand and
distribution of dairy products, in “Dairy Products Market - Global
Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 –
2024.” Dairy and its products are currently an integral part of the
daily diet in nearly all regions and cultures. Over the past few
years, there has been a heavy rate of increase in the overall demand
for dairy and dairy products. More and more consumers are becoming
health conscious as well as consuming more vegetarian food.
One
of the key factors working in favor of the global
dairy products market is the increasing level of investment
pulled through by both government as well as private entities. The
rise in investment rates is a reflection of the increasing demand for
dairy products around the world, as the dairy industry is preparing
to ramp up its overall output. The market on a global front is also
being propelled by the lack of a strict regulatory framework
surrounding dairy production. Players are able to produce high
volumes of dairy and dairy products in the meantime, thanks to the
flourishing agriculture and livestock industries in key regions.
The
global dairy products market is also being propelled by the
improvements being made in packaging technologies, which are making
it possible to produce types of dairy products with short shelf lives
for long distance distribution that previously could not be done.
This has thus increased the overall variety of dairy products being
made available in the commercial markets. Some of the more recent
additions to the mainstream consumer base include flavored butters,
butter sticks, dairy blends, as well as non-dairy alternatives.
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The
majority of the regions consume cow milk on a large scale. Several
regions also consume buffalo milk, such as the Philippines, India,
China, and Egypt. From a wider regional perspective, Asia Pacific has
been leading the global dairy products market consistently over the
recent past. The massive dairy and livestock industry in China and
India, and the multiple large scale dairy promotion projects in
India. Comparatively, North America and even Europe are likely to
record a slower rate of growth in the demand for dairy products. Over
the coming years, Latin America is expected to flourish in
productivity in the global dairy products market, thanks to the
massive improvements being made to the dairy industry here,
especially in Brazil.
The
leading players in the global dairy products market at the moment,
include Arla Foods UK Plc., Nestle SA, Amul, Fonterra Group
Cooperative Limited, Dairy Farmers of America Inc., Kraft Foods,
Inc., Megmilk Snow Brand Co. Ltd., Danone, Parmalat S.P.A, Meiji
Dairies Corp., Dean Foods Company, Sancor Cooperativas Unidas
Limited, Unilever N, Parmalat S.P.A, Royal FrieslandCampina N.V., and
Groupe Lactalis SA.
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