Press release
Dairy Sector Market Size, Share, Growth Analysis, and Report 2024-2031
Dairy Sector Market || 2024-2031
The global dairy sector is undergoing a major transformation, driven by five key trends that are shaping market dynamics and growth opportunities. Cultured dairy products, including yogurt, kefir, and fermented milk drinks, are experiencing rising popularity due to their probiotic content and associated health benefits, particularly in promoting gut health and enhancing immunity. This trend has been further fueled by a post-pandemic focus on wellness, highlighting the increasing consumer demand for functional foods. Additionally, the surge in plant-based dairy alternatives, such as almond milk, soy yogurt, and innovative options like oat and flaxseed milk, reflects a shift towards environmentally conscious and inclusive dietary preferences. As consumers increasingly seek sustainable and lactose-free options, this segment is expanding rapidly, driving notable market growth. Furthermore, the demand for weight-friendly dairy products is on the rise, with health-conscious consumers favoring options that are low in fat and sugar.
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Market Dynamics:
Rising innovation in dairy products
Innovation in lactose-free dairy is advancing rapidly, with new products emerging across various subcategories, including coffee creamers, children's ready-to-drink beverages, and yogurt. Lactose-free claims have become prominent, featuring in 15% of yogurt launches in Europe and 7% in North America. More than a third of consumers of dairy alternatives choose these products due to lactose intolerance, with lactose-free dairy addressing this demand while retaining milk's protein, mineral, and bioactive benefits. Lactose-free milk production typically involves adding lactase or using membrane filtration to remove lactose, catering to consumer preferences for sweeter, more digestible products. Examples of these innovations include Abbott's PediaSure Grow & Gain Chocolate Shake and Darigold Belle's Sweet Cream Flavored Coffee Creamer. Glanbia Nutritionals is at the forefront of innovative dairy solutions, offering clean-label functional dairy proteins like OptiSol1005 and 1007, which enhance product processing, flavor, and creaminess. Their UltraHi Protein Yogurt Technology enables brands to offer up to 50 grams of protein per serving. Glanbia's diverse portfolio meets the growing consumer demand for functional health benefits in dairy products.
Segment Covered in the Dairy Sector Market:
By Type: Milk, Cheese, Butter, Cream, Yogurt, Probiotic Dairy Products, Dairy Desserts, and others.
By End-user: Household, Foodservice Industry, Industrial.
By Distribution Channel: Hypermarkets/Supermarkets, Specialty Stores, Direct Sales, Convenience Stores, E-Commerce, Others.
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Key players involved in Dairy Sector Market:
• Danone
• Arla Foods amba
• Nestlé
• Fonterra Co-operative Group Limited
• LACTALIS
• Dairy Farmers of America, Inc.
• Meiji Holdings Co., Ltd.
• FrieslandCampina
• Schreiber Foods
• Gujarat Cooperative Milk Marketing Federation Limited
Related Reports:
Sugar Reduction Market: https://www.datamintelligence.com/research-report/sugar-reduction-market
Fat Replacers Market: https://www.datamintelligence.com/research-report/fat-replacers-market
Ready to Eat Food Market: https://www.datamintelligence.com/research-report/ready-to-eat-food-market
Regional Analysis:
The Dairy Sector Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Dairy Sector Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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