NEW YORK, April 11, 2023 /PRNewswire/ -- The dairy food marketsize is forecasted to increase by USD114.46 billion from 2022to 2027, at a CAGR of 2.73%, according to the recent market study by Technavio. The growth of the market will be driven by the rising adoption of healthy food habits, accessible distribution channels, and rapid growth in urbanization coupled with increasing consumption of dairy food.Technavio offers an up-to-date analysis of the current global market scenario and the overall market environment. Viewa Sample Report.

Technavio categorizes the global dairy food market Vendor Analysis:

The presence of both global and regional vendors in the global dairy food market accelerates market growth.Technavio has extensively analyzed 15 major vendors, includingAgropur Dairy Cooperative, Albertsons Companies Inc., Arla Foods amba, Dairy Farmers of America Inc., Danone SA, DMK Deutsches Milchkontor GmbH, Fonterra Cooperative Group Ltd., Glanbia plc, Gujarat Cooperative Milk Marketing Federation Ltd., Inner Mongolia Mengniu Dairy Co., Ltd., Inner Mongolia Yili Industrial Group Co. Ltd., Kerry Group Plc, Meiji Holdings Co. Ltd., Nestle SA, Royal FrieslandCampina NV, Saputo Inc., Schreiber Foods Inc., The Kraft Heinz Co., The Kroger Co., and Unilever PLC

Vendor Offerings -

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Key Benefits for Industry Players & Stakeholders

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Market Segmentation:

Thisreport extensively coversmarket segmentation by product (milk, cheese, yogurt, butter, and others), distribution channel (supermarkets, convenience stores, and online), and geography (APAC, Europe, North America, South America, and Middle East and Africa).

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Market Dynamics:

Key Drivers:

Major Trends:

Key Challenges:

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Dairy Food Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 2.73%

Market growth 2023-2027

USD 114.46 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

2.09

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 46%

Key countries

US, India, China, Germany, and France

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Agropur Dairy Cooperative, Albertsons Companies Inc., Arla Foods amba, Dairy Farmers of America Inc., Danone SA, DMK Deutsches Milchkontor GmbH, Fonterra Cooperative Group Ltd., Glanbia plc, Gujarat Cooperative Milk Marketing Federation Ltd., Inner Mongolia Mengniu Dairy Co., Ltd., Inner Mongolia Yili Industrial Group Co. Ltd., Kerry Group Plc, Meiji Holdings Co. Ltd., Nestle SA, Royal FrieslandCampina NV, Saputo Inc., Schreiber Foods Inc., The Kraft Heinz Co., The Kroger Co., and Unilever PLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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Table of contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Product

7 Market Segmentation by Distribution Channel

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [emailprotected]Website: http://www.technavio.com/

SOURCE Technavio

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Dairy Food Market size to grow at a CAGR of 2.73% from 2022 to ... - PR Newswire