Global Dairy Food Market Size To Exceed USD 1819.42 Billion By 2035 | CAGR of 6.08%

Global Dairy Food Market Size To Exceed USD 1819.42 Billion By 2035

According to a research report published by Spherical Insights & Consulting, the Global Dairy Food Market Size is Expected to Grow from USD 950.28 Billion in 2024 to USD 1819.42 Billion by 2035, at a CAGR of 6.08% during the forecast period 2025-2035.

Browse key industry insights spread across 240 pages with 140 Market data tables and figures & charts from the report on the "Global Dairy Food Market Size, Share, and COVID-19 Impact Analysis, By Source (Cattle, Sheep, Goat, and Camel), By Type (Lactose and Lactose-Free), By Product Type (Milk, Cheese, Butter, Dessert, Yogurt, and Others), By Distribution Channels (Supermarkets/Hypermarkets Specialty Stores, Convenience Stores, and Online Retail), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/dairy-food-market      

The dairy food market refers to the global industry that creates, prepares, markets, and sells food products made from animal milk, primarily from cows, sheep, and goats. This industry encompasses a wide range of products, including whey-based items, milk, cheese, yogurt, butter, cream, ice cream, and the product itself. The market growth is driven by the increase in the populations and incomes of developing countries, particularly in the Asia Pacific and Latin America. Younger populations, increasing urbanization, and increased disposable incomes are driving dairy consumption in these regions. Developed markets like North America and Europe also contribute significantly due to their strong cultural affinity for dairy products and emphasis on nutrition. The growth of restaurant and hotel chains worldwide is increasing the need for processed dairy in food service applications. Due to rising consumer demand and health concerns, nutrient-rich, fortified, and functional dairy products are becoming more and more popular. However, the market growth is hindered by the volatile milk prices, high cold chain costs, and poor infrastructure in emerging markets, collectively hindering the global growth of the dairy food industry.

The cattle segment held the largest share in 2024 and is anticipated to grow at a significant CAGR during the estimated period.

Based on the source, the dairy food market is divided into cattle, sheep, goat, and camel. Among these, the cattle segment held the largest share in 2024 and is anticipated to grow at a significant CAGR during the estimated period. The segmental growth can be attributed to their efficiency at converting feed protein into palatable meals, which makes them ideal for dairy production.  The numerous health benefits of cattle milk, especially cow's milk, make it preferred over alternative milk sources. It has more vitamins and minerals, less fat, and is easier to digest. Because of its higher water content, which reduces fat, it appeals to consumers who are health-conscious. Because it is so widely available, the demand for cattle milk is growing globally.

The lactose segment accounted for the largest share in 2024 and is estimated to grow at a remarkable CAGR during the projected timeframe.

On the basis of type, the dairy food market is segmented into lactose and lactose-free. Among these, the lactose segment accounted for the largest share in 2024 and is estimated to grow at a remarkable CAGR during the projected timeframe. The segmental growth can be attributed to the glucose and galactose-based energy-transmitting sugar lactose, which is present in milk. Among its many other health advantages, it also strengthens the immune system, influences the intestinal flora, and enhances the absorption of vitamins and minerals, including calcium, zinc, and manganese. Lactose is utilized extensively in the food processing and pharmaceutical industries as a sweetener and in the production of tablets, in addition to being a component of human meals.

The milk segment held the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.

Based on the product type, the dairy food market is classified into milk, cheese, butter, dessert, yogurt, and others. Among these, the milk segment held the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth can be attributed to its high levels of essential nutrients, especially calcium. The most popular dairy product is still milk.  Its versatility allows it to be used in both savory and sweet recipes. Cheese is another popular dairy product that is valued for its high levels of fat, protein, and minerals. Popular varieties that are staples in a wide variety of cuisines include Swiss, Cheddar, and Mozzarella.

The supermarkets/hypermarkets segment held the largest share in 2024 and is anticipated to grow at a significant CAGR during the projected period.

On the basis of distribution channel, the dairy food market is categorized into supermarkets/hypermarkets, specialty stores, convenience stores, and online retail. Among these, the supermarkets/hypermarkets segment held the largest share in 2024 and is anticipated to grow at a significant CAGR during the projected period. The segmental growth can be attributed to the profitability since a wide range of products are easily accessible and available. Supermarkets are usually large stores that sell necessities and convenience items. The primary advantage of shopping in a supermarket is that it saves consumers a significant amount of time and effort by enabling them to conveniently obtain all of their needs in one location.

Asia Pacific is anticipated to hold the largest share of the global dairy food market over the forecast period.

Asia Pacific is anticipated to hold the largest share of the global dairy food market over the forecast period. The region's growth is driven by the large consumer base, westernized food habits, and the quick population growth. Due to the rising demand for foods high in protein, dairy consumption is also rising across the region. Reports indicate that the demand for items made from milk is rising rapidly, reflecting shifting health habits. Asia Pacific continues to develop at the fastest rate in the global dairy business.

North America is estimated to grow at the fastest CAGR of the global dairy food market during the forecast period. The region's expansion of the food service and retail industries, as well as the rising demand from consumers for upscale, organic, and health-conscious dairy products. Demand for nutrient-dense, clean-label, sustainably sourced dairy products is rising as consumers in the area become more aware of food quality, provenance, and environmental impacts. Additionally, the expansion of online grocery stores and advancements in cold-chain infrastructure have made a wider range of dairy products more readily available.

Major vendors in the global dairy food market are Arla Foods amba, Amul, Mengniu Dairy, Dairy Farmers of America, Inc, Kwality Limited, Danone S.A., Nestle, Gujarat Cooperative Milk Marketing Federation Ltd., Royal FrieslandCampina, Meiji Holdings Co., Ltd., Saputo Inc., Inner Mongolia Yili Industrial Group Co., Ltd., Britannia Industries Limited, China Mengniu Dairy Company Limited, DMK Group, and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Recent Development

• In April 2025, Arla Foods and DMK Group announced their desire to unite, creating Europe's strongest dairy cooperative. This historic unification would bring together the strengths of over 12,000 farmers, generating a combined pro forma revenue of €19 billion. The merger intends to foster global dairy innovation, ensure strong milk prices for cooperative members, and provide high-quality, nutritional dairy products around the world.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global dairy food market based on the below-mentioned segments: 

Global Dairy Food Market, By Source

• Cattle
• Sheep
• Goat
• Camel

Global Dairy Food Market, By Type

• Lactose
• Lactose-Free

Global Dairy Food Market, By Product Type

• Milk
• Cheese
• Butter
• Dessert
• Yogurt
• Others

Global Dairy Food Market, By Distribution Channel

• Supermarkets/Hypermarkets
• Specialty Stores
• Convenience Stores
• Online Retail

Global Dairy Food Market, By Regional Analysis

• North America 
  • US
  • Canada
  • Mexico
• Europe 
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific 
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America 
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa 
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

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