The Asia Pacific dairy market is being driven by the increasing demand and consumption of dairy products in the region. A rapid growth in its population and a growing middle class has led to increased consumption of dairy products in the area which has almost doubled in the last three decades. Asia is a significant export destination for dairy products, especially regions like China and South East Asia. Imports are expected to increase in the region in the forecast period. China, especially, is a major importer of dairy products in the continent. The dairy export to China increased by 17.5% in March 2018, as compared to the previous year. Some of the major dairy products imported by China include WMP, cheese, butter, butter oil, and cream. China is one of the leading importers of cheese, and in 2017, cheese imports by China increased by 16% as compared to 2016. The Asian country is expected to almost double its imports of cheese by 2024. With China being a leading importer of dairy products, the US-China trade war might adversely affect the dairy market in, not just the Asia Pacific, but also the world.
The dairy market in the Asia Pacific is also aided by milk production in countries like Pakistan and India. Nearly 70% of all milk production in the coming years is expected to take place in Asia with India and Pakistan accounting for the majority of the increased production. The two countries are among the leading milk producers globally with India accounting for 20% and Pakistan accounting for 6% of the global milk production. In the forecast period, the two economies are projected to account for almost 30% of the global production of milk. The surplus production of milk in India and Pakistan is expected to be consumed as fresh dairy products domestically with India being a self-sufficient dairy market.
Yoghurt is expected to remain a popular dairy product, consumed extensively in the Asia Pacific. In India, the yoghurt market has seen a robust growth. In 2019, Danone, a leading player in the global dairy market, invested INR 182 crore into Epigamia, the Indian yoghurt producer. Epigamia is one of the major yoghurt brands in India with expansive distribution channels as it is currently retailed through popular supermarkets like Big Bazaar, Reliance Fresh, and Nature’s Basket along with big online retailers like Big Basket and Amazon.
Market Analysis by Types and Regions:
Key Findings of the Report:
Key Offerings of the Report:
The EMR report identifies Fonterra Co-operative Group Limited, Gujarat Cooperative Milk Marketing Federation Ltd (Amul), Inner Mongolia Yili Industrial Group Co., Ltd., China Mengniu Dairy Company Limited, Meiji Co., Ltd, Nestlé S.A., Karnataka Co-operative Milk Federation, Mother Dairy Fruit & Vegetable Pvt Ltd, Lion Dairy & Drinks Pty Ltd., and Yakult Honsha Co., Ltd as the key players in the Asia Pacific dairy market. The report looks in-depth into their market share, capacity, and latest developments like mergers and expansions, plant turnarounds, and capacity expansions.
EMR is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
EMR Business Solutions LLP
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
"Asia Pacific (APAC) Dairy Market: By Product: Fluid Milk, UHT Milk, Flavoured Milk, Cream, Butter, Anhydrous Milk Fat (AMF), Skimmed Milk Powder/Non-fat Dry Milk, Whole Milk Powder, Whey Protein (Powder and Concentrate), Lactose, Casein, Cheese, Yoghurt, Ice-cream, Probiotic Dairy Products; By Region: China, India, Pakistan, New Zealand; Historical Supply and Demand (2014-2018); Supply and Demand Forecast (2019-2024); Regional Price Trends; Trade Analysis; Competitive Landscape; Consumer Analysis"
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
The Latin America natural sweeteners market was aided by the growth of the stevia market, globally. The global stevia market attained a value of nearly USD 480 million in 2018. The global stevia marke...
Global Condiments Market Report and Forecast 2019-2024
The global beer processing market was valued at USD 650 billion in 2018 and is expected to grow at a CAGR of 4% in the forecast period of 2019-2024. With superior blends being increasingly preferred, ...
The global pine honey market size is expected to expand by USD 52.64 million at a CAGR of 5.6% during the forecast period of 2019-2024. The demand in the industry is increasing due to subtle taste and...