Phoenix Research Publishes 2026 “Global Dairy Market Outlook – Press Release”

Global Dairy Market to Reach ~USD 860.7 Billion by 2033, Driven by Functional Products & Plant-Based Innovations

February 2026 | Phoenix Research

The Global Dairy Market is projected to grow from USD 645.2 billion in 2025 to approximately USD 860.7 billion by 2033, achieving a CAGR of ~3.7% during 2026–2033, according to the latest research by Phoenix Research.

The market’s growth is fueled by increasing consumer focus on protein-rich, fortified, and functional dairy products, coupled with the rising popularity of plant-based and hybrid dairy alternatives. Milk, yogurt, cheese, butter, ice cream, and dairy ingredients continue to see robust demand across retail, foodservice, and e-commerce channels globally.

North America remains the largest market, supported by mature consumption patterns, advanced supply chains, and premium product adoption. Asia-Pacific is the fastest-growing region, driven by rising disposable incomes, urbanization, and increasing awareness of health and wellness.

Market Highlights

• Rising Health & Nutrition Awareness: Consumers are seeking protein-enriched, calcium-rich, probiotic, and immunity-boosting dairy products.
• Premiumization & Functional Innovations: High-income and health-conscious consumers are driving demand for specialty cheeses, fortified yogurts, A2 milk, and other premium offerings.
• Plant-Based & Hybrid Alternatives: Growing vegan, flexitarian, and health-focused lifestyles are fueling adoption of oat, almond, soy, and hybrid dairy products.
• Technological & Supply Chain Advancements: Automation, cold-chain logistics, AI-based demand forecasting, and smart packaging are enhancing efficiency, reducing waste, and ensuring quality.
• Retail & E-Commerce Expansion: Supermarkets, hypermarkets, convenience stores, online platforms, and subscription-based delivery services are broadening consumer access.

Phoenix Research delivers advanced market forecasts, competitive benchmarking, and strategic intelligence, enabling stakeholders to capitalize on emerging opportunities and build resilient, future-ready dairy portfolios.

📈 Access the full report:
👉 Phoenix Research –  https://www.pheonixresearch.com/food-beverages/dairy-products/market-report/global-dairy-market/

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