by Dairy nutrition products such as dairy protein, dairy protein isolates, prebiotics, vitamins and minerals help meet nutritional needs through dairy consumption and provide various health benefits like building muscles, strengthening bones and improving digestive health. Being rich in calcium, protein, vitamins and other essential nutrients, dairy nutrition products are gaining widespread acceptance among health conscious consumers.
The global Dairy Nutrition Market is estimated to be valued at US$ 19.57 Bn in 2024 and is expected to exhibit a CAGR of 9.8% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The rising focus on health and wellness among consumers is creating huge demand for functional and fortified dairy nutrition products. The increasing prevalence of lifestyle diseases coupled with growing elderly population has boosted the consumption of dairy nutrition products offering various health benefits. Market players are launching innovative dairy protein powders, vitamin-fortified yogurts and prebiotic-enriched drinks to capitalize on the booming demand from fitness enthusiasts and health-conscious consumers. With growing consumer awareness about the link between nutrition and health, the dairy nutrition market is expected to witness robust growth over the next few years.
SWOT Analysis
Strength: The dairy nutrition market provides nutritional benefits for consumers. Quality dairy products help maintain strong bones and muscles.
Weakness: Developing economies lack awareness about important nutrients in dairy. Fluctuating milk prices impact profit margins.
Opportunity: Rising health consciousness is driving demand for nutritious dairy products. Innovations in dairy formulations expand the market scope.
Threats: Stringent regulations on dairy production add to business costs. Alternative vegan milk options curb consumption.
Key Takeaways
Global Dairy Nutrition Market Size is expected to witness high growth. The global Dairy Nutrition Market is estimated to be valued at US$ 19.57 Bn in 2024 and is expected to exhibit a CAGR of 9.8% over the forecast period 2024 to 2031.
Regional analysis related content comprises Regional analysis related content The Asia Pacific region dominates the dairy nutrition market and is anticipated to grow at the fastest pace during the forecast period. Rapid urbanization, increasing disposable incomes and growing health awareness are driving dairy consumption in India, China and other Asia Pacific countries.
Key players related content comprises Key players related content Key players operating in the dairy nutrition market are Thermo Fisher Scientific, Fonterra Co-operative Group Limited, Koninklijke DSM N.V., Arla Foods, Erlanger Health Ingredients, Glanbia plc, FrieslandCampina.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
