Increasing Demand for Clean Label Products In The Global Dairy Market

08/ott/2018 08:01:01 tbrc Contatta l'autore

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The dairy market comprises establishments involved in manufacturing dairy products from raw milk and processed milk products, manufacturing dry, condensed, concentrated and evaporated dairy, and producing some dairy substitute products.

Diary market in this report is segmented into milk & butter, cheese, dry, condensed & evaporated diary product, ice cream & frozen desert.

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The global dairy market has been growing in the past few years with a CAGR of almost 4%. The year 2017 recorded growth in this market with a net market value more than 12% higher than that of 2013, as for TBRC's in-house consultants.

TBRC's latest report show the historic and future trends in the market.

The report also shows the global dairy market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

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The demand for clean label is increasing rapidly in awareness of healthy eating. Clean label dairy products do not contain additives, artificial flavor enhancers, dyes or artificial preservatives. Also, there are many food and beverage stores that are stored in food stores or restaurants. 70% of consumers purchasing food and bakery products are aware of clean labels and the presence of clean labels influences their buying decisions and 30% of consumers are looking for some kind of clean label claim.

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Companies included in the report are Nestle SA, Dairy Farmers of America, Fonterra Group Cooperative Limited, Danone, Arla Foods, Friesland Campina, Yili, Saputo, Dean Foods, and Agropur.

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