Global Dairy Market Key Insights:
The global dairy market is being driven by the rising global populations and a rising demand for dairy products with dietary habits undergoing a change across the world. The global dairy market is expected to witness an increase of 2.5 % annually until 2020. The growing demand for dairy is being propelled by the rapid urbanisation and increasing incomes in the emerging economies as consumers are seeking calories from protein-based food like dairy over carbohydrates like grains.
Get a Free Sample Report with Table of Content - Download Now
Asia Pacific and Western Europe are the leading markets globally. The global dairy market is affected by the climate of the Asia dairy markets. The dairy consumption has been on a rise in Asia over the years due to a growing population, expanding middle class, and an increase in liberalised trade deals. China and India are the leading producers in the region. Japan, Indonesia, Malaysia, and Philippines are the other significant markets in the region.
The dairy export from key markets like EU, US, New Zealand, Australia, Argentina, and Uruguay increased by nearly 5.2% in volume in March 2018, as compared to Q1 of 2017, attaining 11,600,000 tonnes. The exports also saw a substantial growth in value, growing by 15.3% from 2017 to the initial half of 2018, reaching 11,600,000 tonnes. The dairy exports value in these countries were aided by the increase in the prices of major dairy commodities in 2018. With the imposition of retaliatory tariffs by China on US products, the exports of milk powder, whey, lactose, cheese and butterfat decreased by 47% in October 2018, while US exports rose by 14%. Southeast Asia and Mexico were especially lucrative markets for US dairy exports in 2018.
The global dairy market was aided by the growing milk market whose output reached nearly 827 million tons in 2018, witnessing a 2% growth from 2017. Cheese is one of the leading products globally. In 2018, the global cheese trade saw a slight increase of 1.2% from 2017, reaching 2.6 million tons.
Properties and Applications
Dairy and its products include drinking milk ranging from whole to semi-skimmed to skimmed milk, and also includes products made of milk like butter, cheese, yoghurt, milk powder, and ice cream, among others. Dairy makes up an essential part of the daily nutritious diet as it contains nutrients like Vitamin A, vitamin B, vitamin B12, calcium, protein, riboflavin, and other essential minerals. Cow’s milk is one of the most popular products globally and contains 3.2 grams of proteins per serving of 100 millilitres. Milk, yoghurt, and cheese are especially rich in vitamin. Dairy has various health benefits like the strengthening of bones.
The major products available in the market are:
Cheese is a popular dairy product globally while drinking milk remains the leading dairy product that is extensively consumed the world over. While dairy and its products find the majority of their application in the food and beverage sector, they also find applications in related industries like sports nutrition, medical nutrition, and infant formula.
The EMR report analyses the global dairy market as well as the market in North America, Asia Pacific, Europe, Latin America, and Middle East and Africa regions.
The US was one of the leading markets globally in 2019. In 2017, dairy production in the country increased by 1.4% as compared to the previous year. The US also led the market as the largest cheese producer in 2019.
Globally, there has been a rising trend for the production of dairy and its products. The surplus of dairy production is alleviated by a growing demand for milk and cheese from countries like China. China is a growing market for dairy, driven by an increasing population and rising demand locally. The US dairy exports to China increased by almost a quarter in 2017 as compared to 2016. While the Chinese production of dairy saw a downward trend since 2016, dairy production in China is expected to grow significantly in the coming few years. Belarus, Canada, Iran, and Turkey are emerging markets for dairy exports. Australia is a leading exporter and exports over half of the dairy and its products it produces.
The European Union led the market in 2018 in terms of the total cow milk production, which attained a volume of 154.8 million metric tons. It was followed by the United States and India as leading milk producers. The EU consumes almost 45 million metric tons of dairy products annually and has more than 300 cheese and dairy products. In Germany, specifically, the dairy industry was one of the most significant segments in the food and beverage industry, only second to the meat and meat products segment in 2017.
Products like soft cheese, yoghurt, milk protein, and flavoured milk are seeing growth due to increasing health consciousness among the consumers, and thus driving the global dairy market. In Germany, consumers are using soft cheese as an alternative to meats.
The global dairy prices saw an increase throughout 2017 due to a decline in milk production in late 2016 and early 2017. Butter prices witnessed an impressive growth in 2017, growing at an average of 65% higher than 2016. While the butter witnessed a decline in 2018, they still remained comparatively higher than in recent years. The prices of milk powder, on the other hand, increased in 2018. The report provides the regional price trends of dairy for the periods 2015-2019 and 2020-2025.
The report provides an analysis of the following key players in the global dairy market, looking into their market share, capacity, and latest developments like capacity expansions, mergers and acquisitions, and plant turnarounds:
EMR’s comprehensive report provides an in-depth look into the global dairy market and offers a SWOT analysis of the market along with analysing Porter’s five forces.
2 Research Methodology
3 Executive Summary
3.1 Global Dairy Market Overview
3.2 Global Dairy Market Key Demand Drivers
3.3 Global Dairy Market Top Global Suppliers
3.4 Global Dairy Market Supply Changes
4 Global Dairy Market Outlook
5 Global Dairy Market
5.1 Global Dairy Market Analysis
5.1.1 Figure: Global Dairy Historical Market (2015-2019) & Forecast (2020-2025)
5.1.2 Chart: Global Dairy Market Breakup by Product
188.8.131.52 Fluid/UHT/Flavoured Milk
184.108.40.206 Anhydrous Milk Fat (AMF)
220.127.116.11 Skimmed Milk Powder/Non-fat Dry Milk
18.104.22.168 Whole Milk Powder
22.214.171.124 Whey Protein (Powder and Concentrate)
126.96.36.199 Indian Cheese (Paneer)
188.8.131.52 Probiotic Dairy Products
5.1.3 Chart: Global Dairy Market Breakup by Product: Historical Market (2015-2019) & Forecast (2020-2025)
184.108.40.206 Fluid/UHT/Flavoured Milk
220.127.116.11 Anhydrous Milk Fat (AMF)
18.104.22.168 Skimmed Milk Powder/Non-fat Dry Milk
22.214.171.124 Whole Milk Powder
126.96.36.199 Whey Protein (Powder and Concentrate)
188.8.131.52 Indian Cheese (Paneer)
184.108.40.206 Probiotic Dairy Products
5.1.4 Figure: Global Dairy Market Breakup by Region
220.127.116.11 North America
18.104.22.168.1 United States of America
22.214.171.124.2 United Kingdom
126.96.36.199 Asia Pacific
188.8.131.52 Latin America
184.108.40.206 Middle East & Africa
220.127.116.11.1 Saudi Arabia
18.104.22.168.2 United Arab Emirates
22.214.171.124.4 South Africa
5.1.5 Figure: Global Dairy Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
126.96.36.199 North America
188.8.131.52.1 United States of America
184.108.40.206.2 United Kingdom
220.127.116.11 Asia Pacific
18.104.22.168 Latin America
22.214.171.124 Middle East & Africa
126.96.36.199.1 Saudi Arabia
188.8.131.52.2 United Arab Emirates
184.108.40.206.4 South Africa
5.2 Global Dairy Market SWOT Analysis
5.3 Value Chain Analysis
5.4 Global Dairy Market Porter’s Five Forces Analysis
5.4.2 Buyer’s Power
5.4.3 Supplier’s Power
5.4.4 New Entrants
5.4.5 Degree of Rivalry
5.5 Global Dairy Market Trade Analysis (2019)
5.5.1 Major Exporting Countries by Value & Volume
5.5.2 Major Importing Countries by Value & Volume
5.6 Regional Dairy Market Price Analysis
5.6.1 North America Historical Price Trends (2015-2019) & Forecast (2020-2025)
220.127.116.11 Fluid/UHT/Flavoured Milk
18.104.22.168 Anhydrous Milk Fat (AMF)
22.214.171.124 Skimmed Milk Powder/Non-fat Dry Milk
126.96.36.199 Whole Milk Powder
188.8.131.52 Whey Protein (Powder and Concentrate)
184.108.40.206 Indian Cheese (Paneer)
220.127.116.11 Probiotic Dairy Products
5.6.2 Europe Historical Price Trends (2015-2019) & Forecast (2020-2025)
18.104.22.168 Fluid/UHT/Flavoured Milk
22.214.171.124 Anhydrous Milk Fat (AMF)
126.96.36.199 Skimmed Milk Powder/Non-fat Dry Milk
188.8.131.52 Whole Milk Powder
184.108.40.206 Whey Protein (Powder and Concentrate)
220.127.116.11 Indian Cheese (Paneer)
18.104.22.168 Probiotic Dairy Products
5.6.3 Asia Pacific Historical Price Trends (2015-2019) & Forecast (2020-2025)
22.214.171.124 Fluid/UHT/Flavoured Milk
126.96.36.199 Anhydrous Milk Fat (AMF)
188.8.131.52 Skimmed Milk Powder/Non-fat Dry Milk
184.108.40.206 Whole Milk Powder
220.127.116.11 Whey Protein (Powder and Concentrate)
18.104.22.168 Indian Cheese (Paneer)
22.214.171.124 Probiotic Dairy Products
5.6.4 Latin America Historical Price Trends (2015-2019) & Forecast (2020-2025)
126.96.36.199 Fluid/UHT/Flavoured Milk
188.8.131.52 Anhydrous Milk Fat (AMF)
184.108.40.206 Skimmed Milk Powder/Non-fat Dry Milk
220.127.116.11 Whole Milk Powder
18.104.22.168 Whey Protein (Powder and Concentrate)
22.214.171.124 Indian Cheese (Paneer)
126.96.36.199 Probiotic Dairy Products
5.6.5 Middle East and Africa Historical Price Trends (2015-2019) & Forecast (2020-2025)
188.8.131.52 Fluid/UHT/Flavoured Milk
184.108.40.206 Anhydrous Milk Fat (AMF)
220.127.116.11 Skimmed Milk Powder/Non-fat Dry Milk
18.104.22.168 Whole Milk Powder
22.214.171.124 Whey Protein (Powder and Concentrate)
126.96.36.199 Indian Cheese (Paneer)
188.8.131.52 Probiotic Dairy Products
5.7 Competitive Landscape & Supplier Analysis
5.7.1 Nestlé S.A
5.7.2 Danone S.A.
5.7.3 Lactalis Group.
5.7.4 Dairy Farmers of America, Inc
5.7.5 Royal FrieslandCampina N.V.
5.7.6 Fonterra Co-operative Group Limited
5.7.7 Arla Foods amba
5.7.8 Saputo Inc.
5.7.9 Inner Mongolia Yili Industrial Group Co Ltd
5.7.10 China Mengniu Dairy Company Limited
5.7.11 Dean Foods Company
5.7.12 Saputo Inc.
6 Manufacturing Process of Milk Production
6.1 Detailed Process Flow
6.2 Operations Involved
6.3 Mass Balance
7 Cost Analysis of Milk Production
7.1 Land, Location and Site Development
7.3 Plant Machinery
7.4 Cost of Raw Material
7.9 Other Capital Investment
8 Consumer Analysis
9 Events and Developments
Additional Customisations Available
11 Manufacturing Process of any of the mentioned dairy products
12 Cost Analysis of any of the mentioned dairy products
EMR is one of the foremost business intelligence and market research firms with a database of syndicated and customised reports spanning more than 100 industries across global and regional markets. We leverage the knowledge of our highly skilled team of over 100 analysts and more than 3000 independent consultants to provide our clients with thoroughly researched and reliable data tailored to their requirements. We help our clients, who range from Fortune 1000 companies to medium and niche enterprises, make informed strategic decisions through our varied tools and methodology.
Our meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. We understand the distinct nature and requirements for each market and thus, modify our methodology to best fit the industry in question. Our research methodology uses a combination of cutting-edge analytical tools and the expertise of our highly accomplished team, thus, providing our customers with market insights that are accurate, actionable, and help them remain ahead of their competition. EMR’ s fine-tuned research methodology and data analysis, formulated through years of cross-industry experience of our team, ensure that our clients are provided with:
Our approach gives our clients a comprehensive assessment of the prevailing and projected market conditions through the collection, collation, and analysis of data from trusted sources.
We assess the historical, prevailing, and expected prices of commodities and raw materials by analysing our assiduously collected data from verified primary and secondary sources. Our assessments reflect the market values of related commodities within a region to help our consumers understand the interdependencies and formulate profitable market strategies. Our price assessments cover both the average global prices along with the prevailing regional prices.
Our market assessments determine the global and regional production and consumption of the product, according to their value and volume. We identify the key growth drivers, opportunities, and restraints that might promote or hinder the future market growth along with an expansive overview of the competitive landscape to help our clients make informed strategic decisions. We also take into account the demographic, economic, cultural, and political factors that might influence the market.
We gather market intelligence through our extensive database of reliable secondary sources and our exhaustive interviews with multiple industry stakeholders. The information gathered through our primary and secondary sources help us verify and extrapolate data relating to prices, trade, and market fluctuations along with the latest developments in the market.
As a part of our primary research, we interact with highly placed industrial professionals possessing an expansive and meticulous insight into the market. We conduct our interviews via mails, telephonic conversations, and one-on-one meetings. Thus, our exhaustive interviews with both buyers and consumers help us provide our clients with verified intelligence regarding the market size, share, drivers, prices, and forecast along with a detailed assessment of your supply chain.
EMR has access to extensive internal and subscribed databases, which apprise us of the historical and prevailing market conditions and help us forecast the market for the coming few years. Our secondary research involves a wide array of sources ranging from the annual and financial reports of the key players in the industry to governmental and regulatory databases. We refer to various scientific and industry publications and whitepapers to form a comprehensive understanding of the product and the supply chain. Our wide-ranging research also refers to relevant articles and press releases to provide our customers with an up-to-date understanding of the contemporary market. We derive extensive raw data from our secondary research, which then go through a thorough verification and validation process, to help us formulate an exhaustive understanding of the market, the supply chain, the competitive landscape, and the product.
Other Analyst Tools and Data Models
Our extensive and intricate data models, formulated through our propriety technological and analytical resources, help you easily comprehend the expansive market data and aid you in framing vital business and market strategies. Our tools provide you with a cohesive understanding of the industry outlook, taking into account the qualitative and quantitative market variables. Our analytical tools and models are regularly updated according to the changes in the continually evolving market scenarios as well as being adapted to best meet our client’s specific needs. Our research methods involve a blend of the best technological tools used in the industry along with the expertise of our analysts and consultants who can spot and assess the implications of the subtle factors influencing the more complex markets.
Our market assessments take into consideration only those data that are confirmed and are derived from credible and transparent sources. Thus, our clients are presented with accurate and infallible data which can be incorporated into their business strategies.
Before our data is presented to the clients, they undergo an intensive cross-verification and validation process. We corroborate the data gathered through our primary and secondary research by the review and validation of the initial sources along with the verification of the data from other thoroughly vetted sources.
Our qualitative and quantitative assessments are time-sensitive, reflecting the most recent value and volume of the market across regions. By constantly updating our databases and reports to reflect the changes taking place in the market, our market and price assessments accurately reflect the prevailing industry conditions.
Thus, our rigorous data collection, thorough statistical analysis, and specialist assessments ensure that our clientele has a greater understanding of the market space, supply chain, price fluctuations, competitive landscape, and other vital factors, helping them emerge as the undisputed industry leaders in their respective fields.
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 global A2 milk market attained a value of USD 6.7 billion in 2019. The market is expected to grow at a robust rate in the forecast period of 2020-2025, growing at a CAGR of 22%. The industry is ex...
In 2017, 31.9 billion litres of cow’s milk was produced in Germany. It was the leading dairy market in Europe in 2017. The Germany dairy market is expected to continue growing in the forecast period...
The Latin America dairy market is being driven by the expansion of the distribution channels for dairy products supported by the rising numbers of supermarkets and hypermarkets in the region. The mark...
The Middle East and Africa dairy market is aided by the growing dairy trade globally. The global dairy trade is witnessing a rise, increasing by 15.3% in value in Q1 of 2018, as compared to early 2017...
The North American dairy market has been growing over the last few years being driven by an increasing milk production in the region. The total milk output in North America was 108.6 million tonnes in...
Buy Full Version
"Dairy Market" Purchase Enquiry