Dairy Products Market Size

Dairy Products Market size was over USD 535.2 Billion in 2023 and is projected to reach USD 855.4 Billion by the end of 2036, growing at around 5.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of dairy products is estimated at USD 562.5 Billion.

The global demand for dairy products is steadily expanding, mostly driven by population expansion, increasing incomes, urbanization, and the adoption of Western diets in many nations. The rising demand for dairy products is placing additional strain on natural resources such as freshwater and soil. The World Wildlife Fund collaborates with dairy farmers, industry associations, and other relevant parties in multiple countries to preserve and safeguard natural resources and habitats.

Approximately 270 million dairy cows are looked after by millions of farmers worldwide for the purpose of milk production. WWF envisions a worldwide market where all dairy products are produced in the most sustainable manner possible. WWF's objective is to revolutionize the milk production business by actively involving dairy farmers, co-ops, companies, and other stakeholders in the promotion and adoption of sustainable techniques further driving the market growth.