Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Dairy Products Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Key Forecast Insights for the Dairy Products Market Growth?
The market size of dairy products has consistently increased in the past years. Between 2024 and 2025, it expanded from $524.15 billion to $544.2 billion, reflecting a compound annual growth rate (CAGR) of 3.8%.
What Is the Predicted Industry Size and CAGR of the Dairy Products Market in 2029?
The global dairy products market is predicted to reach a size of $649.18 billion by the year 2029, expanding at a compound annual growth rate (CAGR) of 4.5%.
Download the Free Sample Now:
Which Factors Are Driving Growth in the Dairy Products Market?
The key drivers in the dairy products market are:
• Cultural diversity and adaptation influencing dairy product preferences
• Expansion of global trade and markets
• Rising health and nutrition trends affecting consumption
• Growth of plant-based alternatives and premium specialty offerings
Which Segment Trends Are Covered in the Dairy Products Market Forecast?
The dairy productsmarket covered in this report is segmented –
1) By Product Type: Milk, Cheese, Butter, Desserts, Yogurt, Other Types
2) By Distribution Channel: Supermarket, Hypermarket, Specialty Store, Online Retail, Other Channels
3) By Application: Bakery And Confectionary, Clinical Nutrition, Frozen Foods, Other Applications
Explore the Complete Market Report:
What Are the Current Market Trends in the Dairy Products Industry?
The key trends in the dairy products market are:
• Cultural diversification and adaptation are reshaping the future of the global dairy market.
• Health and nutrition based trends are increasingly influencing the market.
• A rise in plant-based alternatives is emerging as a significant influence on the market's future.
• Premiumization and specialty offerings represent a critical upcoming trend for the dairy market.
Who are the Key Companies in the Dairy Products Market?
Major players in the dairy products market are:
• Arla Foods amba
• Fonterra Co-operative Group Limited
• Nestlé S.A.
• Danone S.A.
• Royal FrieslandCampina N.V.
• Dairy Farmers of America Inc.
• DMK Group
• Gujarat Cooperative Milk Marketing Federation Ltd.
• Meiji Holdings Co. Ltd.
• Parmalat S.p.A.
• Sodiaal Group
• Inner Mongolia Yili Industrial Group Co. Ltd.
• China Mengniu Dairy Co. Ltd.
• Megmilk Snow Brand Co. Ltd.
• Saputo Inc.
• Lactalis International
• Agropur Cooperative
• Kaira District Co-operative Milk Producers' Union Limited
• Arion Dairy Products BV
• Bel Group S.A.
• Savencia SA
• Cabot Creamery Cooperative Inc.
• California Dairies Inc.
• Clover Sonoma Inc.
• Darigold Inc.
• Davisco Foods International Inc.
• Foremost Farms USA
• Glanbia plc.
• Hilmar Cheese Company Inc.
• Idaho Milk Products
• Kerry Group plc.
• Land O'Lakes Inc.
• Leprino Foods Company
What are the Regional Trends Across the Dairy Products Market?
Asia-Pacific was the largest region in the dairy products market in 2024
