How big is the Dairy Market | Size, Segmentation & Opportunities 2025

Q: What is the market size of the dairy industry from 2025 to 2031?

Dairy market was projected to grow from USD 827.4 billion to USD 1,174.6 billion.

Q: What is the expected CAGR for the dairy market during 2025–2031?

Dairy market is anticipated to expand at a CAGR of 4.5% over the forecast period.

Q: What are the key trends driving the dairy market?

Dairy market trends include growing demand for health-oriented dairy products, rise of plant-based alternatives, and adoption of sustainable packaging.

Q: What are the primary growth drivers of the dairy industry?

Dairy market is driven by rising health awareness, technological innovation, increasing population, growing urbanization, and government support.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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Code: MTA5697

Publication Date: Jul 2025

What is the Dairy Market Size?

According to 6Wresearch internal database and industry insights, the Global Dairy market was valued at USD 827.4 billion in 2024 and is anticipated to exceed USD 1,174.6 billion by 2031, registering a steady at a CAGR of 4.5% during the forecast period.

Dairy market is experiencing robust expansion driven by rising health consciousness, growing demand for protein-rich food, and increasing consumption of dairy-based snacks and beverages. The market is also supported by innovations in lactose-free and plant-based alternatives, urbanization, and improved supply chain mechanisms. Governments and private sectors are investing in dairy processing infrastructure and cold chain logistics, further supporting market growth across developing and developed regions.

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Major Growth Factors of the Dairy Market

Increasing global population and dietary demand
Rising awareness of health and nutrition
Growth in convenience and ready-to-eat dairy products
Advancements in dairy processing technology
Expansion of e-commerce and organized retail
Innovation in dairy alternatives and lactose-free products
Government support and subsidies in dairy farming
Rising disposable income and urban lifestyle changes

Dairy Market Trends

Dairy market trends are experiencing massive inclination towards health-oriented and functional dairy products. Consumers are shifting preferences toward organic, probiotic-rich, and fortified dairy options. Plant-based dairy substitutes are gaining traction alongside traditional dairy, influenced by veganism and lactose intolerance. Premiumization and sustainable packaging are also notable trends shaping consumer buying behaviour.

Emerging Developments in the Dairy Market

Dairy market is estimated to experience robust growth over automation in dairy farming, AI-based livestock monitoring, and adoption of eco-friendly packaging. There is also a rise in strategic collaborations between dairy producers and tech firms to enhance yield and efficiency. New product launches in plant-based and hybrid dairy ranges are becoming increasingly frequent to address evolving consumer tastes and environmental concerns.