Asia Pacific Dairy Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Regional

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Asia Pacific Dairy Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Milk is a fluid food, and it is distributed from infant mammals. Sustenance items which are produced by utilising milk are devoured all over. The different sorts of dairy items engendered utilising milk are casein, cheese, cream and so on. Nations, for example, India fares to numerous different nations around the globe. Dairy items give supplement which is required by the body, for example, calcium, Vitamin D, proteins, magnesium and zinc and so on. Dairy items are utilised as a component of different businesses like food and beverages and for different applications.

Asia Pacific Dairy Market Size & Growth:

The Asia Pacific dairy market was valued at $ XX Million in 2017 and is estimated to reach $ XX Million by 2024, at a CAGR of XX% during 2019-2024. The dairy market volume is continually increasing in every ear. The key factors driving the Asia Pacific dairy market growth are rising health concerns of the people due to the changing lifestyles. People are demanding for new and innovative dairy products with clean labels. Increasing retail and other distribution ways are also hampering the growth of the market. Low quality of the raw milk and the lower shelf life of the milk and dairy products are restraining the market growth. Due to the presence of a high number of food and beverages companies they also have applications using the dairy products. The other drivers include the usage of products from milk for persons with health issues due to their

Asia Pacific Dairy Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
nutritional benefits. The significant challenges for the Asia Pacific dairy market are the competitiveness among the prices in the market due to which the companies are expanding their operations rapidly. Growing population, increasing demand and availability of many products are creating opportunities for the market growth during 2019-2024.

Asia Pacific Dairy Market Segments Share:

The Asia Pacific dairy market is segmented based on product, application and geography. By product, the Asia Pacific dairy market is segregated into fluid milk, cream, buttermilk, ice-cream, yoghurt, lactose, casein and others. Among those fluid milk, cheese and butter are showing significant growth due to the high usage by the people around the world. By application, the Asia Pacific dairy industry is divided into bakery & confectionery, frozen food, clinical nutrition and others. Among those bakery & confectionery is likely to be with the high market share as there are many products such as biscuits and bread are produced by using dairy products like cheese, butter, milk etc. Frozen foods like cool cakes, chocolates and some other items are made using milk products. India market is the largest market as it is the largest exporter of milk and dairy products along with the highest cattle population. China is estimated to have the most significant market share as it is the largest importer of the milk products and increasing demand.

 Asia Pacific Dairy Market Trends:

  • Yoghurt is being used as a breakfast, lunch and also as a snack nowadays. Interest in eating the food in various

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Asia Pacific Dairy Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
occasions is increasing, and many people are now consuming it as a dessert.
  • The advancements in technology and the demanding from customers for transparency from companies. Customers are asking for nutritional values, policies, information about the product etc.
  • Asia Pacific Dairy Market Research Report:

    An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

    To have a complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried out to understand the market more comprehensively.

    Regional and Global Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

    Identifying DROC in the current market and their impact on altering the market dynamics.

    Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with significant competitors.

    Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

    The primary critical players in the Asia Pacific Dairy Market are:

    • Mengniu Dairy Company Limited
    • Yili Group
    • Meiji Holdings Co., Ltd
    • Want Want Holdings Limited
    • Fonterra Co-operative Group Limited

    Along with these companies, there were many other companies cited in the report while analysing the Asia Pacific dairy market. These companies hold substantial share-owning to the nature of the industry whereas the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and stable customer base.

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