Dairy Product Market: Global Industry

Global Dairy Product Market size was valued at USD 547.76 Billion in 2023 and the total Dairy Product Market revenue is expected to grow at a CAGR of 4% from 2024 to 2030, nearly reaching USD 705.07 Billion. The food items produced from milk are referred to as dairy products also known as lacticinia. Water buffalo, ewe, nanny goat, and cow are the dairy animals, which are highly preferred for milk. Diary items include familiar foods found in grocery stores worldwide, such as cheese, milk, yogurt, and butter. To produce milk pasteurization process is used. There are several ways to prepare milk it be condensed, baked, evaporated, scaled, or powdered; the diverse products of milk propel the growth of the dairy product market. In addition, its types are khoa, buttermilk, and baby formula.