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Global Dairy
Market Report
2025
Global Dairy market size will be USD 1341.74 Billion by 2030. Dairy Industry's Compound Annual Growth Rate will be 6.5% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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Global Dairy market size will be USD 1341.74 Billion by 2030. Dairy Industry's Compound Annual Growth Rate will be 6.5% from 2023 to 2030.
As per the current market study, out of 1023.9 Billion USD global market revenue 2025, North America market holds 28.69% of the market share. The North America Dairy industry grew from 243.74 Billion USD in 2021 to 293.757 Billion USD in 2025 and will record 82.97% growth. In coming future this industry will reach 415.299 Billion by 2033 with a 4.423% CAGR. If we look at the percentage market shares of top North America countries for 2025,United States (78.93%), Canada (12.16%), Mexico (8.91%)
As per the current market study, out of 1023.9 Billion USD global market revenue 2025, Europe market holds 18.69% of the market share. The Europe Dairy industry grew from 159.401 Billion USD in 2021 to 191.367 Billion USD in 2025 and will record 83.30% growth. In coming future this industry will reach 268.918 Billion by 2033 with a 4.344% CAGR. If we look at the percentage market shares of top Europe countries for 2025,United Kingdom (12.00%), Germany (16.80%), France (12.26%), Italy (7.31%), Russia (12.79%), Spain (6.99%), Sweden (2.99%), Denmark (2.92%), Switzerland (2.04%), Luxembourg (1.59%), Rest of Europe (22.31%)
As per the current market study, out of 1023.9 Billion USD global market revenue 2025, Asia Pacific market holds 40.01% of the market share. The Asia Pacific Dairy industry grew from 335.67 Billion USD in 2021 to 409.662 Billion USD in 2025 and will record 81.94% growth. In coming future this industry will reach 630.344 Billion by 2033 with a 5.534% CAGR. If we look at the percentage market shares of top Asia Pacific countries for 2025,China (30.49%), Japan (24.21%), India (16.35%), South Korea (6.83%), Australia (2.80%), Singapore (3.57%), South East Asia (9.85%), Taiwan (1.56%), Rest of APAC (4.34%)
As per the current market study, out of 1023.9 Billion USD global market revenue 2025, South America market holds 6.91% of the market share. The South America Dairy industry grew from 56.507 Billion USD in 2021 to 70.751 Billion USD in 2025 and will record 79.87% growth. In coming future this industry will reach 112.728 Billion by 2033 with a 5.995% CAGR. If we look at the percentage market shares of top South America countries for 2025,Brazil (36.81%), Argentina (13.02%), Colombia (8.55%), Peru (4.45%), Chile (2.37%), Rest of South America (34.80%)
As per the current market study, out of 1023.9 Billion USD global market revenue 2025, Middle East market holds 3.69% of the market share. The Middle East Dairy industry grew from 32.892 Billion USD in 2021 to 37.782 Billion USD in 2025 and will record 87.06% growth. In coming future this industry will reach 50.252 Billion by 2033 with a 3.63% CAGR. If we look at the percentage market shares of top Middle East countries for 2025,Saudi Arabia (36.23%), Turkey (12.30%), UAE (9.85%), Egypt (8.80%), Qatar (7.81%), Rest of Middle East (25.01%)
As per the current market study, out of 1023.9 Billion USD global market revenue 2025, Africa market holds 2.01% of the market share. The Africa Dairy industry grew from 15.181 Billion USD in 2021 to 20.58 Billion USD in 2025 and will record 73.77% growth. In coming future this industry will reach 31.54 Billion by 2033 with a 5.481% CAGR. If we look at the percentage market shares of top Africa countries for 2025,Nigeria (19.97%), South Africa (33.27%), Rest of Africa (46.76%)
2021 | 2025 | 2033 | CAGR | |
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Global Dairy Market Sales Revenue | $ 843.393 Billion | $ 1023.9 Billion | $ 1509.08 Billion | 4.968% |
North America Dairy Market Sales Revenue | $ 243.74 Billion | $ 293.757 Billion | $ 415.299 Billion | 4.423% |
United States Dairy Market Sales Revenue | $ 193.164 Billion | $ 231.862 Billion | $ 322.563 Billion | 4.213% |
Canada Dairy Market Sales Revenue | $ 29.054 Billion | $ 35.721 Billion | $ 56.813 Billion | 5.972% |
Mexico Dairy Market Sales Revenue | $ 21.522 Billion | $ 26.174 Billion | $ 35.923 Billion | 4.037% |
Europe Dairy Market Sales Revenue | $ 159.401 Billion | $ 191.367 Billion | $ 268.918 Billion | 4.344% |
United Kingdom Dairy Market Sales Revenue | $ 19.463 Billion | $ 22.964 Billion | $ 30.28 Billion | 3.518% |
Germany Dairy Market Sales Revenue | $ 26.955 Billion | $ 32.15 Billion | $ 42.65 Billion | 3.596% |
France Dairy Market Sales Revenue | $ 19.319 Billion | $ 23.462 Billion | $ 36.153 Billion | 5.554% |
Italy Dairy Market Sales Revenue | $ 11.445 Billion | $ 13.989 Billion | $ 20.518 Billion | 4.905% |
Russia Dairy Market Sales Revenue | $ 20.611 Billion | $ 24.476 Billion | $ 32.835 Billion | 3.741% |
Spain Dairy Market Sales Revenue | $ 11.333 Billion | $ 13.377 Billion | $ 17.507 Billion | 3.421% |
Sweden Dairy Market Sales Revenue | $ 5.037 Billion | $ 5.722 Billion | $ 6.642 Billion | 1.882% |
Denmark Dairy Market Sales Revenue | $ 4.798 Billion | $ 5.588 Billion | $ 6.454 Billion | 1.818% |
Switzerland Dairy Market Sales Revenue | $ 3.363 Billion | $ 3.904 Billion | $ 4.894 Billion | 2.867% |
Luxembourg Dairy Market Sales Revenue | $ 2.598 Billion | $ 3.037 Billion | $ 3.918 Billion | 3.236% |
Rest of Europe Dairy Market Sales Revenue | $ 34.478 Billion | $ 42.7 Billion | $ 67.066 Billion | 5.806% |
Asia Pacific Dairy Market Sales Revenue | $ 335.67 Billion | $ 409.662 Billion | $ 630.344 Billion | 5.534% |
China Dairy Market Sales Revenue | $ 105.568 Billion | $ 124.906 Billion | $ 186.771 Billion | 5.158% |
Japan Dairy Market Sales Revenue | $ 84.153 Billion | $ 99.179 Billion | $ 148.446 Billion | 5.17% |
India Dairy Market Sales Revenue | $ 53.002 Billion | $ 66.98 Billion | $ 111.004 Billion | 6.518% |
South Korea Dairy Market Sales Revenue | $ 23.698 Billion | $ 27.98 Billion | $ 39.712 Billion | 4.474% |
Australia Dairy Market Sales Revenue | $ 9.902 Billion | $ 11.471 Billion | $ 13.048 Billion | 1.624% |
Singapore Dairy Market Sales Revenue | $ 11.681 Billion | $ 14.625 Billion | $ 25.214 Billion | 7.045% |
South East Asia Dairy Market Sales Revenue | $ 32.761 Billion | $ 40.352 Billion | $ 68.014 Billion | 6.744% |
Taiwan Dairy Market Sales Revenue | $ 5.505 Billion | $ 6.391 Billion | $ 7.69 Billion | 2.341% |
Rest of APAC Dairy Market Sales Revenue | $ 9.399 Billion | $ 17.779 Billion | $ 30.446 Billion | 6.955% |
South America Dairy Market Sales Revenue | $ 56.507 Billion | $ 70.751 Billion | $ 112.728 Billion | 5.995% |
Brazil Dairy Market Sales Revenue | $ 20.857 Billion | $ 26.045 Billion | $ 40.393 Billion | 5.639% |
Argentina Dairy Market Sales Revenue | $ 7.306 Billion | $ 9.21 Billion | $ 15.554 Billion | 6.769% |
Colombia Dairy Market Sales Revenue | $ 4.809 Billion | $ 6.048 Billion | $ 10.177 Billion | 6.722% |
Peru Dairy Market Sales Revenue | $ 2.532 Billion | $ 3.15 Billion | $ 4.275 Billion | 3.891% |
Chile Dairy Market Sales Revenue | $ 1.351 Billion | $ 1.678 Billion | $ 2.155 Billion | 3.177% |
Rest of South America Dairy Market Sales Revenue | $ 19.653 Billion | $ 24.62 Billion | $ 40.174 Billion | 6.312% |
Middle East Dairy Market Sales Revenue | $ 32.892 Billion | $ 37.782 Billion | $ 50.252 Billion | 3.63% |
Saudi Arabia Dairy Market Sales Revenue | $ 11.973 Billion | $ 13.688 Billion | $ 17.809 Billion | 3.344% |
Turkey Dairy Market Sales Revenue | $ 4.082 Billion | $ 4.647 Billion | $ 5.935 Billion | 3.104% |
UAE Dairy Market Sales Revenue | $ 3.2 Billion | $ 3.722 Billion | $ 5.397 Billion | 4.756% |
Egypt Dairy Market Sales Revenue | $ 2.865 Billion | $ 3.325 Billion | $ 4.618 Billion | 4.193% |
Qatar Dairy Market Sales Revenue | $ 2.608 Billion | $ 2.951 Billion | $ 3.774 Billion | 3.124% |
Rest of Middle East Dairy Market Sales Revenue | $ 8.164 Billion | $ 9.449 Billion | $ 12.719 Billion | 3.784% |
Africa Dairy Market Sales Revenue | $ 15.181 Billion | $ 20.58 Billion | $ 31.54 Billion | 5.481% |
Nigeria Dairy Market Sales Revenue | $ 3.045 Billion | $ 4.11 Billion | $ 6.153 Billion | 5.175% |
South Africa Dairy Market Sales Revenue | $ 5.064 Billion | $ 6.847 Billion | $ 10.222 Billion | 5.137% |
Rest of Africa Dairy Market Sales Revenue | $ 7.071 Billion | $ 9.623 Billion | $ 15.164 Billion | 5.849% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Product Type |
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Market Split by Application |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Dairy industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Dairy Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Market Dynamics such as Drivers, Restraints, Opportunities, Trends data
The food and beverage industry is driven by several key factors. Growing demand for sustainable, organic, and health conscious food options is significantly impacting product offerings and market trends. Additionally, increasing awareness of dietary preferences and restrictions, such as vegan and gluten-free diets, is also influencing consumer choices. Furthermore, technological innovations in supply chain management and e-commerce platforms are enhancing product variety, improving quality control, and optimizing distribution.
However, the Dairy market also faces several restraining factors. Rising raw material costs and supply chain disruptions are major challenges, while regulatory challenges and compliance costs are also significant. Moreover, shifts in consumer preferences and labor shortages can pose challenges to product innovation and production efficiency.
Despite these challenges, the Dairy market offers significant growth opportunities. Growing demand for health-conscious and sustainable products, expansion of e-commerce for grocery shopping, and technological advancements in alternative proteins are all driving growth.
Currently, the food and beverage industry is experiencing several prominent trends. Increasing demand for plant-based and alternative proteins, a shift toward sustainable packaging and eco-friendly practices, and growing popularity of functional foods and personalized nutrition are all shaping the industry.
We have various report editions of Dairy Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
The competitive landscape of the Dairy industry provides in-depth profiles of key market players, highlighting major developments like new product introductions, geographic expansions, mergers and acquisitions, strategic partnerships, and joint ventures. The report also offers a comprehensive overview of each company’s business operations, strategies, and financial performance, covering revenue (in USD Million), gross margin (%), and market share (%) from 2021 to 2024. A detailed SWOT analysis is included to evaluate each company’s strengths, weaknesses, opportunities, and threats. Additionally, the report examines how companies have adapted to the impact of COVID-19, including adjustments to supply chains, changes in product offerings, and shifts in consumer engagement strategies. Other critical factors such as technological advancements, sustainability efforts, and competitive positioning are also explored to provide a complete picture of the market dynamics. The above detailed information can be found in the paid report edition.
Top Companies Market Share in Dairy Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Region and country analysis section of Dairy Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.
The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Dairy market.
Regional analysis in the Dairy market involves assessing the specific market conditions, consumer preferences, regulatory environments, and competitive landscapes in different geographical regions. This analysis is crucial for manufacturers looking to expand their operations, tailor products to local preferences, and navigate the unique challenges and opportunities present in each region. In this chapter, we have included detailed quantitative as well as qualitative analysis for each region along with country. This analysis of Dairy will help you to understand how the market is growing in a particular region.
The current report Scope analyzes Dairy Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Dairy Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Dairy Industry growth. Dairy market has been segmented with the help of its Product Type, Application Distribution Channel, and others. Dairy market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on current and emerging trends, the market size for the Dairy industry is estimated from 2021 to 2032, with a detailed analysis of each Product Type segment to identify the fastest-growing categories. The report offers both quantitative and qualitative analysis to uncover the driving factors behind the growth of specific segments, such as plant-based foods, functional beverages, organic products, or ready-to-eat meals. Key factors in Product Type segment analysis include market growth rates, consumer preference shifts, technological advancements, pricing trends, and distribution channel performance for each segment. Additionally, regional demand patterns, supply chain dynamics, and regulatory impacts on each type are explored to provide a comprehensive understanding of the factors influencing growth within the food and beverages industry. This data will be included in the paid version of the report.
Product Type of Dairy analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Dairy Industry. Request a Free Sample PDF!
This report forecasts revenue growth at global, regional, and country levels, analyzing industry trends and opportunities for each Dairy market application from 2021 to 2032. It explores demand across various end-use industries, offering insights into the performance of applications such as ready-to-eat meals, beverages, and snacks. Key factors like market growth, consumer behavior, technological innovations, regulatory impacts, and regional market dynamics are examined. The report also includes value chain analysis, patent trends, company evaluation matrices, and other confidential data to provide a comprehensive view of each application segment’s evolution in the Dairy market. You can find this information in the full, paid version of the report.
Some of the key Application of Dairy are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two three years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
As a Research Analyst with over 3+ years of experience in market research and consumer insights, I specialize in delivering actionable, data-driven solutions across diverse industries, including Consumer Goods, Food & Beverage, and other domains as well. My expertise spans both primary and secondary research, allowing me to effectively analyze trends, assess market opportunities, and guide strategic decisions for clients.
I’ve successfully managed client queries, presales, and post-sales engagements, ensuring seamless communication and delivering high-quality insights that drive business growth. With a strong track record of working with both established brands and startups, I help organizations optimize strategies, enhance customer experiences, and unlock new growth opportunities.
Always eager to stay ahead of industry trends, I thrive in collaborative environments where research meets innovation. My focus is on turning complex data into clear, actionable insights that create real-world impact.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Dairy Market is witnessing significant growth in the near future.
In 2023, the Milk segment accounted for noticeable share of global Dairy Market and is projected to experience significant growth in the near future.
The Bakery and Confectionary segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Nestle, Danone and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Product Type | Milk, Cheese, Butter, Dairy Desserts, Yogurt, Others |
Application | Bakery and Confectionary, Clinical Nutrition, Frozen Food, others |
Distribution Channel | Supermarkets and Hypermarkets, Convenience Stores, Specialist Retailers, Online Retail Stores, Others |
List of Competitors | Nestle, Lactalis, Danone, Fonterra, Frieslandcampina, Arla Foods, Dean Foods, Yili Group, China Mengniu Dairy Co. Ltd. |
This chapter will help you gain GLOBAL Market Analysis of Dairy. Further deep in this chapter, you will be able to review Global Dairy Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Dairy. Further deep in this chapter, you will be able to review North America Dairy Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Dairy. Further deep in this chapter, you will be able to review Europe Dairy Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Dairy. Further deep in this chapter, you will be able to review Asia Pacific Dairy Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Dairy. Further deep in this chapter, you will be able to review South America Dairy Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Dairy. Further deep in this chapter, you will be able to review Middle East Dairy Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Dairy. Further deep in this chapter, you will be able to review Middle East Dairy Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Dairy. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Type Analysis 2019 -2031, will provide market size split by Product Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by Distribution Channel Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Dairy market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Milk have a significant impact on Dairy market? |
What are the key factors affecting the Milk and Cheese of Dairy Market? |
What is the CAGR/Growth Rate of Bakery and Confectionary during the forecast period? |
By type, which segment accounted for largest share of the global Dairy Market? |
Which region is expected to dominate the global Dairy Market within the forecast period? |
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