Global Dairy Products Market: Increasing Investments to Boost Productivity, states TMR

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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