
Cultured Dairy Product Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Description
Cultured Dairy Product Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Cultured Dairy Product Market is anticipated to exhibit a 5.6% CAGR during 2024-2032, backed by the growing consumer preference for health-conscious food choices. There is wider cognizance of the benefits of probiotics, found in products like yogurt and kefir, which aid digestion and boost immunity. According to a survey conducted by Beneo on consumer preferences for prebiotic products, 75% of respondents consider product efficacy, health claims, and scientifically supported evidence as the most critical factors in selecting a prebiotic product.
Companies are introducing new products to meet varied tastes and dietary needs, including lactose-free and organic options. Further, the rise of plant-based and functional dairy alternatives has broadened the consumer base. Enhanced distribution channels and increased availability in both traditional stores and online platforms make these products more accessible, further driving market growth.
The overall cultured dairy product market is classified based on product, source, fat content, flavor, packaging, distribution channel, and region.
The cheese segment is poised to witness high demand through 2032, driven by its versatility and the growing trend towards premium and gourmet food experiences. Consumers are increasingly drawn to cheese for its wide range of flavors, textures, and uses in culinary applications, from cooking to snacking. Additionally, the expanding interest in artisanal and specialty cheeses, along with the proliferation of global cuisines and fusion dishes, has further fueled this demand. Cheese's nutritional benefits, including its protein and calcium content, also contribute to its appeal as a healthful dietary option.
The plant-based milk segment will hold a significant market share by 2032, due to rising consumer interest in dairy alternatives. Plant-based milks, such as those derived from almonds, soy, oats, and cashews, offer a viable option for individuals with lactose intolerance, dairy allergies, or those adopting vegan lifestyles. The increasing awareness of the environmental impact of dairy farming, coupled with the advancements in plant-based milk production technologies, has led to a broader acceptance and availability of these alternatives. As consumers seek more sustainable and diverse dietary choices, the plant-based milk segment emerges as a more inclusive and eco-friendly food option.
Asia Pacific cultured dairy product market size will expand at a rapid pace through 2032, attributed to increasing consumer awareness of the health benefits of the product and a rising middle class with greater purchasing power. Traditional fermented dairy products, such as yogurt and kefir, are deeply embedded in regional diets, with growing interest due to their probiotic benefits and nutritional value. Additionally, the expansion of modern retail channels and the proliferation of international brands are enhancing product accessibility and variety. The region's diverse culinary traditions and a rising trend towards healthier eating are further fueling the demand for cultured dairy products, bolstering the market value.
Table of Contents
300 Pages
- Chapter 1 Methodology and Scope
- 1.1 Market scope and definition
- 1.2 Base estimates and calculations
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
- Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Value chain
- 3.1.2 Key manufacturers
- 3.1.3 Go to market routes
- 3.1.4 Key distributors
- 3.1.4.1 New distribution channels
- 3.1.5 Profit margins across the industry
- 3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.2 Market challenges
- 3.2.3 Market opportunities
- 3.2.3.1 New markets/applications
- 3.2.3.2 Growth potential analysis
- 3.3 Raw material landscape
- 3.3.1 Manufacturing trends
- 3.3.1.1 Technology evolution
- 3.3.1.2 Sustainable manufacturing
- 3.3.1.2.1 Green practices
- 3.3.1.2.2 Decarbonization
- 3.3.2 New raw materials
- 3.3.3 Pricing trends (USD/Ton)
- 3.3.3.1 North America
- 3.3.3.2 Europe
- 3.3.3.3 Asia Pacific
- 3.3.3.4 Latin America
- 3.3.3.5 Middle East and Africa
- 3.4 Regulations and market impact
- 3.5 Porter’s analysis
- 3.6 PESTEL analysis
- Chapter 4 Competitive Landscape, 2023
- 4.1 Company market share analysis
- 4.2 Competitive positioning matrix
- 4.3 Strategic outlook matrix
- Chapter 5 Market Size and Forecast, By Product Type, 2021-2032 (USD Billion, Kilo Tons)
- 5.1 Key trends
- 5.2 Yogurt
- 5.2.1 Plain yogurt
- 5.2.2 Flavored yogurt
- 5.2.3 Greek yogurt
- 5.2.4 Icelandic yogurt
- 5.2.5 Others
- 5.3 Cheese
- 5.3.1 Cottage cheese
- 5.3.2 Cream cheese
- 5.3.3 Blue cheese
- 5.3.4 Feta
- 5.3.5 Others
- 5.4 Kefir
- 5.4.1 Milk kefir
- 5.4.2 Water kefir
- 5.5 Sour Cream
- 5.5.1 Regular sour cream
- 5.5.2 Light sour cream
- 5.5.3 Fat-Free sour cream
- 5.6 Buttermilk
- 5.6.1 Traditional buttermilk
- 5.6.2 Cultured buttermilk
- 5.7 Fermented milk
- 5.7.1 Kumis
- 5.7.2 Filmjölk
- 5.7.3 Others
- 5.8 Probiotic drinks
- 5.8.1 Drinkable yogurt
- 5.8.2 Fermented juices
- 5.9 Others
- 5.9.1 Labneh
- 5.9.2 Lassi
- 5.9.3 Crème Fraîche
- Chapter 6 Market Size and Forecast, By Source, 2021-2032 (USD Billion, Kilo Tons)
- 6.1 Key trends
- 6.2 Cow milk
- 6.3 Goat milk
- 6.4 Sheep milk
- 6.5 Plant-Based milk
- 6.5.1 Almond milk
- 6.5.2 Soy milk
- 6.5.3 Coconut Milk
- 6.5.4 Others
- Chapter 7 Market Size and Forecast, By Fat Content, 2021-2032 (USD Billion, Kilo Tons)
- 7.1 Key trends
- 7.2 Full-fat
- 7.3 Low-fat
- 7.4 Fat-free
- Chapter 8 Market Size and Forecast, By Flavour, 2021-2032 (USD Billion, Kilo Tons)
- 8.1 Key trends
- 8.2 Plain/Natural
- 8.3 Fruit-Flavored
- 8.4 Vanilla
- 8.5 Chocolate
- 8.6 Herb/Spice-Infused
- 8.7 Others
- Chapter 9 Market Size and Forecast, By Packaging, 2021-2032 (USD Billion, Kilo Tons)
- 9.1 Key trends
- 9.2 Cups
- 9.3 Bottles
- 9.4 Tubs
- 9.5 Cartons
- 9.6 Pouches
- 9.7 Others
- Chapter 10 Market Size and Forecast, By Distribution, 2021-2032 (USD Billion, Kilo Tons)
- 10.1 Key trends
- 10.2 Supermarkets/Hypermarkets
- 10.3 Convenience stores
- 10.4 Online retail
- 10.5 Specialty stores
- 10.6 Others
- Chapter 11 Market Size and Forecast, By End Use, 2021-2032 (USD Billion, Kilo Tons)
- 11.1 Key trends
- 11.2 Household
- 11.3 Food service industry
- 11.4 Food processing industry
- Chapter 12 Market Size and Forecast, By Region, 2021-2032 (USD Billion, Kilo Tons)
- 12.1 Key trends
- 12.2 North America
- 12.2.1 U.S.
- 12.2.2 Canada
- 12.3 Europe
- 12.3.1 Germany
- 12.3.2 UK
- 12.3.3 France
- 12.3.4 Italy
- 12.3.5 Spain
- 12.3.6 Rest of Europe
- 12.4 Asia Pacific
- 12.4.1 China
- 12.4.2 India
- 12.4.3 Japan
- 12.4.4 South Korea
- 12.4.5 Australia
- 12.4.6 Rest of Asia Pacific
- 12.5 Latin America
- 12.5.1 Brazil
- 12.5.2 Mexico
- 12.5.3 Argentina
- 12.5.4 Rest of Latin America
- 12.6 MEA
- 12.6.1 Saudi Arabia
- 12.6.2 UAE
- 12.6.3 South Africa
- 12.6.4 Rest of MEA
- Chapter 13 Company Profiles
- 13.1 Amul
- 13.2 Arla Foods
- 13.3 Chobani LLC
- 13.4 Danone
- 13.5 Dean Foods Company
- 13.6 Fage International S.A.
- 13.7 FrieslandCampina
- 13.8 General Mills (Yoplait)
- 13.9 Lactalis
- 13.10 Meiji Co., Ltd
- 13.11 Müller Group
- 13.12 Nestlé
- 13.13 Parmalat S.p.A.
- 13.14 Sodiaal
- 13.15 Yakult Honsha Co., Ltd.
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