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The Global Dairy Market Is Valued At $638 Billion In 2017 According To TBRCÂ’s Latest Report

 



(MoneyNewsWire.Net, June 28, 2018 ) The dairy market comprises establishments involved in manufacturing dairy products from raw milk and processed milk products, manufacturing dry, condensed, concentrated and evaporated dairy, and producing some dairy substitute products. It includes fluid milk manufacturing, creamery butter manufacturing, cheese manufacturing, dry, condensed, and evaporated dairy product manufacturing, and ice cream and frozen dessert manufacturing. They are sold to distributors or wholesalers who in turn sell it to retail stores, super markets and hyper markets. Customers of dairy products include households, hotels, restaurants, catering companies and others.



Read the report at:

https://www.thebusinessresearchcompany.com/report/dairy-global-market-report-2018



The dairy market is valued at $638 billion in 2017 due to population growth. This is because many countries in Asia are shifting towards organic dairy products. Governments are also taking initiatives to provide subsidized milk products in their countries. Western Europe was the largest region in the dairy market in 2017, accounting for more than one-fourth of the global market share

The dairy market in The Business Research Company’s report is split into four parts. Milk & butter was the largest segment in the dairy market accounting for two-fifth of the market share, followed by cheese with nearly thirty percent share, dry, condensed, & evaporated dairy product with over twenty percent share and ice cream & frozen dessert with remaining share.



Download a sample of the report at:

https://www.thebusinessresearchcompany.com/sample.aspx?id=220&type=smp



The USA was the largest country in the dairy market in 2017, accounting for near about one-fifth of market share. This was mainly due to the high use of dairy products in quick service restaurants and other restaurants. The USA was followed by China and France.

The top five competitors of the market are Nestle SA, Dairy Farmers of America, Fonterra Group Cooperative Limited, Danone, and Arla Foods. Nestlé S.A. was the largest company in the dairy market in 2017. It is a Swiss food and beverage company, headquartered in Vevey, Switzerland. It manufactures baby foods, cereals, chocolate and confectionery, coffee, dairy, drinks, healthcare nutrition, pet care and weight management products.



About The Business Research Company.

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.



Contact Information.

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info





The Business Research Company

Marketing TBRC

+91 8897263534

Marketing@tbrc.info

Source: EmailWire.Com


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