London, 01 October 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global Dairy Food Market 2014-2018.
The Global Dairy Food Market includes products like milk, cheese, yogurt, butter, cream, curd and milk powder. This market is expected to grow at a CAGR of 3.94 percent from the period 2013-2018.
The latest report by TechNavio focuses on the improvement in operational efficiency that has enabled dairy vendors to produce more milk per cow. An increase in health consciousness and the development of new varieties in dairy products are driving growth in the market. In addition, the report indicates that the majority of market growth is being derived from developing countries, which are experiencing an increase in population along with rapid urbanization, growing GDP and net disposable incomes.
“Demographic changes in developing countries along with the emergence of nuclear families, the growing middle-class population and working women have increased the demand for dairy products. The supply of milk is not sufficient to match demand, as a westernized diet has resulted in the growing popularity of dairy products like cheese and yogurt. Developing countries are the next destination for international dairy food vendors and are expected to drive the Global Dairy Food market in the future,” says Faisal Ghaus, Vice President of TechNavio.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Improvement in Operational Efficiency
- For a full detailed list, view our report.
Market Challenges:
- Threat from Traditional Supply Chain Channels
- For a full detailed list, view our report.
Market Trends:
- Increase in Demand from Developing Countries
- For a full detailed list, view our report.
Key Vendors:
- Danone SA
- Fonterra
- FrieslandCampina
- Lactalis Group
- Nestle SA
Other Prominent Vendors:
- Amul
- Arla Foods
- Bongrain
- China Mengniu Dairy
- Dairy Farms of America
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
