Fermented Dairy Products Market
Fermented Dairy Products Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Fermented Dairy Products Market Size and Growth
The Fermented Dairy Products market is witnessing robust growth, driven by increasing consumer demand for probiotics and healthy alternatives. Valued at approximately $250 billion in 2023, the market is projected to expand significantly, fueled by rising health consciousness and innovative product offerings across yogurt, cheese, and kefir categories.
Companies Covered (Covid 19 Impact Covered)
◍ Koninklijke DSM
◍ The Tatua Cooperative Dairy Company
◍ Arla Foods Ingredients Group
◍ Socius Ingredients
◍ Cargill Incorporated
◍ Dairy Connection
◍ Kerry
◍ Bioprox
◍ Ingredion Incorporated
◍ Archer Daniels Midland Company
◍ CSK Food Enrichment
◍ Lake International Technologies
◍ DairyChem
◍ Epi Ingredients
◍ CP Ingredients
◍ Corbion
The fermented dairy products market features key players like Koninklijke DSM, Arla Foods, and Cargill, focusing on innovative cultures and ingredients. These companies enhance product quality, diversify offerings, and expand market reach, thus driving growth. Sales revenues for select companies include:
- Arla Foods: €10.5 billion (2022)
- Cargill: $134 billion (2023)
- Kerry: €7.5 billion (2022)
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Market Segmentation
By Application
Online Sales
Offline Sales
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By Product
Market Growth
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$ X Billion USD
