The Latin America, Middle East and Africa Dairy Products Market would witness market growth of 5.7% CAGR during the forecast period (2021-2027). Majorly, the global population is classified into two food consumer groups; one is vegetarian and the other is non-vegetarian.
However, people are worried about the consumption of non-vegetarian food items due to the awareness and hence, motivated people to shift towards the consumption of vegetarian and dairy food products. These dairy products have a wide range of products like cheese, ice cream, lactose-free milk, butter, yoghurt, cream, buttermilk, frozen desserts and many more.
Companies operating in this market are focusing on introducing variations in different products like cheese, ice cream, frozen dessert and yoghurt. These variations are gaining more traction among the population due to their great taste and innovative packaging. The increasing demand for these products in developing nations and the higher feed prices at dairy farms have contributed to the fluctuating prices of milk, along with that, the economic downturn has fueled the demand for greater margin dairy products. However, in the past few years, economic recovery has strengthened the demand for dairy products.
The introduction of various innovative yoghurt products like fat-free yoghurt, flavoured and drinkable yoghurt, is anticipated to open new growth avenues for the manufacturers of the market. Along with this, various innovations in packaging like small portion size, on-the-go packs and single-serve packs will also encourage people to consume dairy products, hence creating growth opportunities for the market players.
The Milk market dominated the South Africa Dairy Products Market by Product Type in 2020, thereby, achieving a market value of $3,098.5 Million by 2027. The Yogurt market is expected to witness a CAGR of 6.8% during (2021 - 2027).
Based on Product Type, the market is segmented into Milk, Yogurt, Cheese, Butter and Other Products. Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Convenience stores, Online and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Dairy Products Market is Predict to reach $574.3 Billion by 2027, at a CAGR of 4.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Arla Foods Amba, Fonterra Co-operative Group Limited, Amul (The Gujarat Co-operative Milk Marketing Federation Ltd.), The Kraft Heinz Company, Nestle S.A., Danone S.A., Royal Frieslandcampina N.V., Saputo, Inc., Meiji Holdings Co., Ltd., and DMK Group (Deutsches Milchkontor eG).
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Milk
- Yogurt
- Cheese
- Butter
- Other Products
By Distribution Channel
- Supermarkets/Hypermarkets
- Convenience stores
- Online
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Arla Foods Amba
- Fonterra Co-operative Group Limited
- Amul (The Gujarat Co-operative Milk Marketing Federation Ltd.)
- The Kraft Heinz Company
- Nestle S.A.
- Danone S.A.
- Royal Frieslandcampina N.V.
- Saputo, Inc.
- Meiji Holdings Co., Ltd.
- DMK Group (Deutsches Milchkontor eG)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Dairy Products Market, by Product Type
1.4.2 LAMEA Dairy Products Market, by Distribution Channel
1.4.3 LAMEA Dairy Products Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Business Expansions
3.2.5 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Acquisition and Mergers : 2018, Jul – 2020, Sep) Leading Players
Chapter 4. LAMEA Dairy Products Market by Product Type
4.1 LAMEA Milk Market by Country
4.2 LAMEA Yogurt Market by Country
4.3 LAMEA Cheese Market by Country
4.4 LAMEA Butter Market by Country
4.5 LAMEA Other Products Market by Country
Chapter 5. LAMEA Dairy Products Market by Distribution Channel
5.1 LAMEA Supermarkets/Hypermarkets Market by Country
5.2 LAMEA Convenience stores Market by Country
5.3 LAMEA Online Market by Country
5.4 LAMEA Others Market by Country
Chapter 6. LAMEA Dairy Products Market by Country
6.1 Brazil Dairy Products Market
6.1.1 Brazil Dairy Products Market by Product Type
6.1.2 Brazil Dairy Products Market by Distribution Channel
6.2 Argentina Dairy Products Market
6.2.1 Argentina Dairy Products Market by Product Type
6.2.2 Argentina Dairy Products Market by Distribution Channel
6.3 UAE Dairy Products Market
6.3.1 UAE Dairy Products Market by Product Type
6.3.2 UAE Dairy Products Market by Distribution Channel
6.4 Saudi Arabia Dairy Products Market
6.4.1 Saudi Arabia Dairy Products Market by Product Type
6.4.2 Saudi Arabia Dairy Products Market by Distribution Channel
6.5 South Africa Dairy Products Market
6.5.1 South Africa Dairy Products Market by Product Type
6.5.2 South Africa Dairy Products Market by Distribution Channel
6.6 Nigeria Dairy Products Market
6.6.1 Nigeria Dairy Products Market by Product Type
6.6.2 Nigeria Dairy Products Market by Distribution Channel
6.7 Rest of LAMEA Dairy Products Market
6.7.1 Rest of LAMEA Dairy Products Market by Product Type
6.7.2 Rest of LAMEA Dairy Products Market by Distribution Channel
Chapter 7. Company Profiles
7.1 Arla Foods Amba
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.2 Fonterra Co-operative Group Limited
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.5.2 Acquisition and Mergers:
7.2.5.3 Partnerships, Collaborations, and Agreements:
7.3 Amul (The Gujarat Co-operative Milk Marketing Federation Ltd.)
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Partnerships, Collaborations, and Agreements:
7.3.2.2 Acquisition and Mergers:
7.4 The Kraft Heinz Company
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.4.5.2 Partnerships, Collaborations, and Agreements:
7.5 Nestle S.A.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental Analysis
7.5.4 Research & Development Expense
7.6 Danone S.A.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.7 Royal Frieslandcampina N.V.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Product Launches and Product Expansions:
7.7.5.2 Partnerships, Collaborations, and Agreements:
7.7.5.3 Acquisition and Mergers:
7.7.5.4 Geographical Expansions:
7.8 Saputo, Inc.
7.8.1 Company overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Recent strategies and developments:
7.8.4.1 Acquisition and Mergers:
7.9 Meiji Holdings Co., Ltd.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental Analysis
7.9.4 Research & Development Expense
7.9.5 Recent strategies and developments:
7.9.5.1 Business Expansions:
7.10. DMK Group (Deutsches Milchkontor eG)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental Analysis
7.10.4 Recent strategies and developments:
7.10.4.1 Partnerships, Collaborations, and Agreements:
7.10.4.2 Acquisition and Mergers:
TABLE 1 LAMEA Dairy Products Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Dairy Products Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Dairy Products Market
TABLE 4 Product Launches And Product Expansions– Dairy Products Market
TABLE 5 Geographical Expansions– Dairy Products Market
TABLE 6 Business Expansions– Dairy Products Market
TABLE 7 Acquisition and Mergers– Dairy Products Market
TABLE 8 LAMEA Dairy Products Market by Product Type, 2017 - 2020, USD Million
TABLE 9 LAMEA Dairy Products Market by Product Type, 2021 - 2027, USD Million
TABLE 10 LAMEA Milk Market by Country, 2017 - 2020, USD Million
TABLE 11 LAMEA Milk Market by Country, 2021 - 2027, USD Million
TABLE 12 LAMEA Yogurt Market by Country, 2017 - 2020, USD Million
TABLE 13 LAMEA Yogurt Market by Country, 2021 - 2027, USD Million
TABLE 14 LAMEA Cheese Market by Country, 2017 - 2020, USD Million
TABLE 15 LAMEA Cheese Market by Country, 2021 - 2027, USD Million
TABLE 16 LAMEA Butter Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA Butter Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA Other Products Market by Country, 2017 - 2020, USD Million
TABLE 19 LAMEA Other Products Market by Country, 2021 - 2027, USD Million
TABLE 20 LAMEA Dairy Products Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 21 LAMEA Dairy Products Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 22 LAMEA Supermarkets/Hypermarkets Market by Country, 2017 - 2020, USD Million
TABLE 23 LAMEA Supermarkets/Hypermarkets Market by Country, 2021 - 2027, USD Million
TABLE 24 LAMEA Convenience stores Market by Country, 2017 - 2020, USD Million
TABLE 25 LAMEA Convenience stores Market by Country, 2021 - 2027, USD Million
TABLE 26 LAMEA Online Market by Country, 2017 - 2020, USD Million
TABLE 27 LAMEA Online Market by Country, 2021 - 2027, USD Million
TABLE 28 LAMEA Others Market by Country, 2017 - 2020, USD Million
TABLE 29 LAMEA Others Market by Country, 2021 - 2027, USD Million
TABLE 30 LAMEA Dairy Products Market by Country, 2017 - 2020, USD Million
TABLE 31 LAMEA Dairy Products Market by Country, 2021 - 2027, USD Million
TABLE 32 Brazil Dairy Products Market, 2017 - 2020, USD Million
TABLE 33 Brazil Dairy Products Market, 2021 - 2027, USD Million
TABLE 34 Brazil Dairy Products Market by Product Type, 2017 - 2020, USD Million
TABLE 35 Brazil Dairy Products Market by Product Type, 2021 - 2027, USD Million
TABLE 36 Brazil Dairy Products Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 37 Brazil Dairy Products Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 38 Argentina Dairy Products Market, 2017 - 2020, USD Million
TABLE 39 Argentina Dairy Products Market, 2021 - 2027, USD Million
TABLE 40 Argentina Dairy Products Market by Product Type, 2017 - 2020, USD Million
TABLE 41 Argentina Dairy Products Market by Product Type, 2021 - 2027, USD Million
TABLE 42 Argentina Dairy Products Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 43 Argentina Dairy Products Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 44 UAE Dairy Products Market, 2017 - 2020, USD Million
TABLE 45 UAE Dairy Products Market, 2021 - 2027, USD Million
TABLE 46 UAE Dairy Products Market by Product Type, 2017 - 2020, USD Million
TABLE 47 UAE Dairy Products Market by Product Type, 2021 - 2027, USD Million
TABLE 48 UAE Dairy Products Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 49 UAE Dairy Products Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 50 Saudi Arabia Dairy Products Market, 2017 - 2020, USD Million
TABLE 51 Saudi Arabia Dairy Products Market, 2021 - 2027, USD Million
TABLE 52 Saudi Arabia Dairy Products Market by Product Type, 2017 - 2020, USD Million
TABLE 53 Saudi Arabia Dairy Products Market by Product Type, 2021 - 2027, USD Million
TABLE 54 Saudi Arabia Dairy Products Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 55 Saudi Arabia Dairy Products Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 56 South Africa Dairy Products Market, 2017 - 2020, USD Million
TABLE 57 South Africa Dairy Products Market, 2021 - 2027, USD Million
TABLE 58 South Africa Dairy Products Market by Product Type, 2017 - 2020, USD Million
TABLE 59 South Africa Dairy Products Market by Product Type, 2021 - 2027, USD Million
TABLE 60 South Africa Dairy Products Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 61 South Africa Dairy Products Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 62 Nigeria Dairy Products Market, 2017 - 2020, USD Million
TABLE 63 Nigeria Dairy Products Market, 2021 - 2027, USD Million
TABLE 64 Nigeria Dairy Products Market by Product Type, 2017 - 2020, USD Million
TABLE 65 Nigeria Dairy Products Market by Product Type, 2021 - 2027, USD Million
TABLE 66 Nigeria Dairy Products Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 67 Nigeria Dairy Products Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 68 Rest of LAMEA Dairy Products Market, 2017 - 2020, USD Million
TABLE 69 Rest of LAMEA Dairy Products Market, 2021 - 2027, USD Million
TABLE 70 Rest of LAMEA Dairy Products Market by Product Type, 2017 - 2020, USD Million
TABLE 71 Rest of LAMEA Dairy Products Market by Product Type, 2021 - 2027, USD Million
TABLE 72 Rest of LAMEA Dairy Products Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 73 Rest of LAMEA Dairy Products Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 74 Key Information – Arla Foods Amba
TABLE 75 key information – Fonterra Co-operative Group Limited
TABLE 76 Key Information – Amul
TABLE 77 Key Information – The Kraft Heinz Company
TABLE 78 Key Information – Nestle S.A.
TABLE 79 Key information – Danone S.A.
TABLE 80 Key Information – Royal Frieslandcampina N.V.
TABLE 81 Key Information – Saputo, Inc.
TABLE 82 Key Information – Meiji Holdings Co., Ltd.
TABLE 83 key information – DMK Group
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Acquisition and Mergers : 2018, Jul – 2020, Sep) Leading Players
FIG 5 Recent strategies and developments: Arla Foods Amba
FIG 6 Recent strategies and developments: Fonterra Co-operative Group Limited
FIG 7 Recent strategies and developments: Amul
FIG 8 Recent strategies and developments: The Kraft Heinz Company
FIG 9 Recent strategies and developments: Royal FrieslandCampina N.V.
FIG 10 Recent strategies and developments: DMK Group