Dairy Products Market Size Estimated to Reach $445.82 Billion by 2025
Increased Awareness of Health Awareness, Along With Increased Demand for Protein-rich Foods and Increased Consumption of Premium Dairy Products, Are Major Factors Driving the Growth of the Global Dairy Market.
BriefingWire.com, 2/24/2021 - Dairy Products Market size is estimated to reach $445.82 Bn by 2025 and is poised to grow at a CAGR of 4.12% during the forecast period 2020-2025. Dairy products are types of foods made from mammalian milk, and they are mainly cows, buffaloes, goats, sheep, yaks, and camels. Since milk is a liquid product it is susceptible to unwanted microbial growth resulting in product breakdown. To avoid this problem, and to extend the shelf life of milk, it is processed to form various dairy products such as cheese, butter, milk powder, ice cream, yogurt, and others. Increased awareness of health awareness, along with increased demand for protein-rich foods and increased consumption of premium dairy products, are major factors driving the growth of the global dairy market. Additionally, the demand for dairy products in sports nutrition is one of the major factors that is estimated to drive the growth of the global dairy products market over the forecast years 2020-2025.