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The Asia Pacific dairy market reached approximately USD 335.16 billion in 2023. The market is projected to grow at a CAGR of 2.6% between 2024 and 2032, reaching a value of around USD 423.08 billion by 2032.
Asia Pacific is one of the leading dairy markets along with North America and Europe due to the vast expanse of the continent and a large local consumer market. China, India and other south-east Asian countries are the major markets in the region.
Asia Pacific Dairy Market Size
Asia Pacific Dairy Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Asia Pacific
7 Opportunities and Challenges in the Market
8 Global Dairy Market Overview
8.1 Key Industry Highlights
8.2 Global Dairy Historical Market (2018-2023)
8.3 Global Dairy Market Forecast (2024-2032)
8.4 Global Dairy Market by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Asia Pacific Raw Milk Market Analysis
9.1 Asia Pacific Raw Milk Historical Production (2018-2023)
9.2 Asia Pacific Raw Milk Production Forecast (2018-2023)
9.3 Asia Pacific Milk Cow Population
9.4 Asia Pacific Milk Historical Production and Total Share
9.5 Asia Pacific Raw Milk Market by Region
9.5.1 China
9.5.1.1 Historical Trend (2018-2023)
9.5.1.2 Forecast Trend (2024-2032)
9.5.2 India
9.5.2.1 Historical Trend (2018-2023)
9.5.2.2 Forecast Trend (2024-2032)
9.5.3 South-East Asia
9.5.3.1 Historical Trend (2018-2023)
9.5.3.2 Forecast Trend (2024-2032)
9.5.4 Japan
9.5.4.1 Historical Trend (2018-2023)
9.5.4.2 Forecast Trend (2024-2032)
9.5.5 Australasia
9.5.5.1 Historical Trend (2018-2023)
9.5.5.2 Forecast Trend (2024-2032)
9.5.6 Others
9.6 Asia Pacific Dairy Market by Structure
9.6.1 Private and Cooperative Dairies
9.6.2 Cooperative Dairies
9.6.3 Private Dairies
10 Asia Pacific Dairy Market Analysis
10.1 Key Industry Highlights
10.2 Asia Pacific Dairy Historical Market (2018-2023)
10.3 Asia Pacific Dairy Market Forecast (2024-2032)
10.4 Asia Pacific Dairy Market by Product
10.4.1 Bulk Raw Milk
10.4.1.1 Historical Trend (2018-2023)
10.4.1.2 Forecast Trend (2024-2032)
10.4.2 Butter
10.4.2.1 Historical Trend (2018-2023)
10.4.2.2 Forecast Trend (2024-2032)
10.4.3 Non-Fat Dry Milk
10.4.3.1 Historical Trend (2018-2023)
10.4.3.2 Forecast Trend (2024-2032)
10.4.4 Skim Milk Powder
10.4.4.1 Historical Trend (2018-2023)
10.4.4.2 Forecast Trend (2024-2032)
10.4.5 Dry Whole Milk
10.4.5.1 Historical Trend (2018-2023)
10.4.5.2 Forecast Trend (2024-2032)
10.4.6 Dry Buttermilk
10.4.6.1 Historical Trend (2018-2023)
10.4.6.2 Forecast Trend (2024-2032)
10.4.7 Natural Cheeses and Other Than Cottage Cheese
10.4.7.1 Historical Trend (2018-2023)
10.4.7.2 Forecast Trend (2024-2032)
10.4.8 American Cheese
10.4.8.1 Historical Trend (2018-2023)
10.4.8.2 Forecast Trend (2024-2032)
10.4.9 Italian Cheese
10.4.9.1 Historical Trend (2018-2023)
10.4.9.2 Forecast Trend (2024-2032)
10.4.10 Swiss Cheese
10.4.10.1 Historical Trend (2018-2023)
10.4.10.2 Forecast Trend (2024-2032)
10.4.11 Other (Speciality) Cheeses
10.4.11.1 Historical Trend (2018-2023)
10.4.11.2 Forecast Trend (2024-2032)
10.4.12 Cottage Cheese
10.4.12.1 Historical Trend (2018-2023)
10.4.12.2 Forecast Trend (2024-2032)
10.4.13 Sour Cream
10.4.13.1 Historical Trend (2018-2023)
10.4.13.2 Forecast Trend (2024-2032)
10.4.14 Packaged Fluid Milk Products
10.4.14.1 Historical Trend (2018-2023)
10.4.14.2 Forecast Trend (2024-2032)
10.4.15 Yoghurt
10.4.15.1 Historical Trend (2018-2023)
10.4.15.2 Forecast Trend (2024-2032)
10.4.16 Dry Whey Products
10.4.16.1 Historical Trend (2018-2023)
10.4.16.2 Forecast Trend (2024-2032)
10.4.17 Whey Protein Concentrates & Isolates
10.4.17.1 Historical Trend (2018-2023)
10.4.17.2 Forecast Trend (2024-2032)
10.4.18 Lactose
10.4.18.1 Historical Trend (2018-2023)
10.4.18.2 Forecast Trend (2024-2032)
10.5 Asia Pacific Dairy Market by Region
10.5.1 China
10.5.2 India
10.5.3 South-East Asia
10.5.4 Japan
10.5.5 Australasia
10.5.6 Others
11 Regional Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 India
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 South-East Asia
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Japan
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australasia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Value Chain Analysis
14 Trade Data Analysis (HS Code: 04)
14.1 Major Exporting Countries:
14.1.1 By Value
14.1.2 By Volume
14.2 Major Importing Countries
14.2.1 By Value
14.2.2 By Volume
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Nestlé S.A.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Dairy Farmers of America, Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Danone S.A.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Land O’Lakes, Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 The Kraft Heinz Company
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Amul (GCMMF)
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Yili Group
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Dairy Market: Key Industry Highlights, 2018 and 2032
2. Asia Pacific Raw Milk Historical Production, 2018-2023
3. Asia Pacific Raw Milk Production Forecast, 2024-2032
4. Asia Pacific Milk Historical Production, 2018-2023
5. Asia Pacific Raw Milk Historical Market: Breakup by Region (USD Billion), 2018-2023
6. Asia Pacific Raw Milk Market Forecast: Breakup by Region (USD Billion), 2024-2032
7. Asia Pacific Dairy Market: Key Industry Highlights, 2018 and 2032
8. Asia Pacific Dairy Historical Market: Breakup by Product (USD Billion), 2018-2023
9. Asia Pacific Dairy Market Forecast: Breakup by Product (USD Billion), 2024-2032
10. Asia Pacific Dairy Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Asia Pacific Dairy Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. Major Exporting Countries by Value
13. Major Importing Countries by Value
14. Major Exporting Countries by Volume
15. Major Importing Countries by Volume
16. Asia Pacific Dairy Market Structure
The major drivers for the market include rising disposable incomes, increasing population, rapid urbanisation, and the rising food and beverage industry.
The rising awareness of health and wellness among consumers is expected to be a key trend guiding the growth of the market.
China, India, South-East Asia, Japan, and Australia, among others, are the major regional markets.
The major product types in the market include bulk raw milk, butter, non-fat dry milk, skim milk powder, dry whole milk, dry buttermilk, natural cheeses and other than cottage cheese, American cheese, Italian cheese, Swiss cheese, other (speciality) cheeses, cottage cheese, sour cream, packaged fluid milk products, yoghurt, dry whey products, whey protein concentrates and isolates, and lactose.
The key players in the market include Nestlé S.A, Danone S.A., Dairy Farmers of America, Land O'Lakes, Inc., The Kraft Heinz Company, Amul (GCMMF), and Yili Group, among others.
The Asia Pacific dairy market attained a value of USD 335.16 billion in 2023, aided by the rising awareness about health and fitness among consumers and the rising trade of dairy, the industry is expected to witness a further growth in the forecast period of 2024-2032.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on product types, the Asia Pacific dairy market can be segmented into bulk raw milk, butter, non-fat dry milk, skim milk powder, dry whole milk, dry buttermilk, natural cheeses and other than cottage cheese, American cheese, Italian cheese, Swiss cheese, other (speciality) cheeses, cottage cheese, sour cream, packaged fluid milk products, yoghurt, dry whey products, whey protein concentrates and isolates, and lactose. The major regional markets of dairy in the Asia Pacific are China, India, South East Asia, Japan, and Australasia, among others. The key players in the above industry include Nestlé S.A, Danone S.A., Dairy Farmers of America, Land O'Lakes, Inc., The Kraft Heinz Company, Amul (GCMMF), Yili Group, Others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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