Dairy Products Market - Statistics & Insights

In 2024, the global Dairy Products Market reaches a valuation of USD 645.3 billion, fueled by growing consumption of milk, cheese, yogurt, and other dairy-based items. Europe dominates the global dairy products market, holding the largest share due to strong consumption of milk, cheese, and yogurt, supported by traditional dairy practices, high-quality standards, and well-established supply chains. North America holds a significant portion of the market, driven by high demand for functional and fortified dairy products, innovations in plant-based alternatives, and advanced cold chain infrastructure. Asia-Pacific is witnessing rapid expansion, with rising urbanization in China, India, and Southeast Asia fueling both fresh and packaged dairy consumption, and India expected to grow at a double-digit CAGR over the next decade.