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    Dairy Facts and Stats

    Value-added dairy products are poised for growth

    Dairy products with extra benefits are poised to grow globally

    probiotic drinks
    April 10, 2020

    $14.5 billion

    That’s the value by which the global probiotic drinks market is forecast to grow between 2020 and 2024, progressing at a compound annual growth rate (CAGR) of 9%. The market is being driven by the health benefits of probiotic drinks, as well as the prominence of probiotic drinks in weight management.

    probiotic drinks

    Source: “Probiotic Drinks Market by Product and Geography — Forecast and Analysis 2020-2024,” Infiniti Research Ltd., Elmhurst, Ill.

     

    4.6%

    That’s the expected CAGR for the global ultra-high-temperature (UHT) milk industry between 2019 and 2024. The growth is driven by factors such as a rise in the demand for lactose-free milk and increasing outreach through various distribution channels.

    uht milk

    Source: “Global UHT Milk Market: Focus on Type, Distribution Channel and Region — Analysis and Forecast, 2019-2024, BIS Research Inc., Fremont, Calif.

     

    $34.9 billion

    That’s the value the global organic dairy food and drinks market is projected to reach by 2026, growing at a CAGR of 8.9% during the forecast period. An increase in the introduction in innovative products such as protein-based milk drinks and flavored drinks is helping to fuel market growth.

    organic milk

    Source: “Organic Dairy Food and Drinks - Global Market Outlook (2017-2026),” Stratistics Market Research Consulting, Secunderabad, India.

     

    14.4%

    That’s the expected CAGR for the global A2 milk market between 2019 and 2025. Growth drivers include an increasing number of cases of gastrointestinal problems, a rising preference for healthful and nutritional food, and more.

    Source: “A2 Milk Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2025,” Infinium Global Research, Pune, India.

     

    KEYWORDS: organic dairy products probiotics UHT milk

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