Trends Driving the Growth of the Dairy Sector
Source: dairynews.today
The dairy market is evolving rapidly, driven by consumer preferences and product innovation.
The dairy market is evolving rapidly, driven by consumer preferences and product innovation. According to Tetra Pak's report on ambient milk consumption trends, milk accounts for 12% of global liquid consumption, with an estimated annual growth of 2.5% until 2024, projecting a total consumption volume of 262 billion liters.
Research and Markets (2024) predicts the functional dairy market to grow at an 8.2% CAGR between 2023 and 2028. Notable innovations include sustainable packaging and reduced carbon emissions. Globally, 84% of consumers find environmentally friendly packaging crucial. Consequently, the dairy sector is adopting regenerative agriculture practices to reduce carbon and methane emissions. Technological advances are optimizing resource use across the dairy production chain, ensuring sustainability and efficiency.
According to the Global Dairy Market Report by Informes de Expertos, the dairy market will reach 1,382.76 million tonnes by 2032, growing annually by 4.5% fr om 2024 to 2032. The future of the dairy industry will be defined by its ability to adapt to emerging trends, wh ere innovation, health, and sustainability will guide the market, offering new opportunities for producers and consumers alike.
Research and Markets (2024) predicts the functional dairy market to grow at an 8.2% CAGR between 2023 and 2028. Notable innovations include sustainable packaging and reduced carbon emissions. Globally, 84% of consumers find environmentally friendly packaging crucial. Consequently, the dairy sector is adopting regenerative agriculture practices to reduce carbon and methane emissions. Technological advances are optimizing resource use across the dairy production chain, ensuring sustainability and efficiency.
According to the Global Dairy Market Report by Informes de Expertos, the dairy market will reach 1,382.76 million tonnes by 2032, growing annually by 4.5% fr om 2024 to 2032. The future of the dairy industry will be defined by its ability to adapt to emerging trends, wh ere innovation, health, and sustainability will guide the market, offering new opportunities for producers and consumers alike.
