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Global Dairy Market to Reach $800 Billion by 2034 — Expert Market Research Forecast

World 02.12.2025
Sourse: DairyNews.today
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The global dairy market is expected to see steady growth over the next decade. According to a report by Expert Market Research, the market is projected to reach $561.66 billion in 2024 and grow to approximately $800 billion by 2034, with a compound annual growth rate of 3.6% from 2025 to 2034. This is reported by Dairynews.today, citing 'Agroexport' data.
Global Dairy Market to Reach $800 Billion by 2034 — Expert Market Research Forecast

One of the key drivers of the global market's expansion is the Middle East region. Population growth, increased urbanization, improved logistics infrastructure, and government measures to strengthen food security are boosting dairy consumption in the region's countries — from developing economies to nations with high purchasing power.

Focus on Health and Functional Products

The demand for probiotic dairy products is increasing, including fermented drinks and yogurts that support immunity and digestion. Simultaneously, there is a growing trend towards reducing sugar and calorie content.

Expansion of Halal Dairy Product Range

The high proportion of the Muslim population creates a steady demand for certified halal products: milk, cheeses, yogurts, ice cream, and ultra-pasteurized lines.

Rising Popularity of Ultra-Pasteurized Milk

UHT products are in demand due to their long shelf life and resistance to high temperatures. Young consumers are increasingly opting for flavored milk — primarily chocolate and strawberry — perceiving it as a healthier alternative to sweet drinks.

It is also reported that in the first 10 months of 2025, Russia exported over 2,000 tons of dairy products to the region, valued at around $3.7 million. Key items include powdered milk, ice cream, dairy whey, yogurts, cheeses, milk, and cream.


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