Market Research Forecasts Dairy Market at $419 Billion by 2015
(firmenpresse) - ROCKVILLE, MD -- (Marketwire) -- 03/27/12 -- MarketResearch.com has announced the addition of the new report "Dairy Market Outlook," to their collection of Beverages market reports. For more information, visit
The US was the world's largest milk producer in 2009, followed by India. Other emerging markets have also increased their milk production, but have been unable to fulfill domestic demand. At the same time, new product launches in Asia have accounted for a decreasing share of innovation, while Latin American markets increased their share.
The global dairy market was valued at $323 billion in 2009, and is set to grow at a compound annual growth rate (CAGR) of 3.8% between 2009 and 2015, to reach $419 billion by 2015. The European markets accounted for the largest share of sales in the dairy market with approximately 47% of value sales in 2010, followed by North America with 17%.
The importance of dairy products with functional claims cannot be underestimated: These added value products tap into consumer demands for products that enable them to maintain a healthy lifestyle, and there has been strong growth in the innovation of products that offer consumers beauty benefits.
For more information, visit
MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance. For more information, call Veronica Franco at 240-747-3016 or visit .
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Datum: 27.03.2012 - 08:08 Uhr
Sprache: Deutsch
News-ID 128626
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Beverages
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