Revenue of the milk products market worldwide by country 2018

The Milk Products segment covers all types of dairy products which play a major role in the daily diet of many consumers. In addition to drinking milk, the segment is split into Yoghurt and Curdled Milk Products, Cream Cheese and Cheese. Dried milk products such as milk powder are not considered here. The market for milk products tends to be characterized by saturation phenomena which could increase in the future due to a growing interest in milk alternative products such as soya milk. This development will encourage further consolidation of the dairy industry which is already under much pressure. The most important suppliers of dairy products in Europe are: Nestlé, Lactalis, Danone, Royal Friesland Campina and Arla Foods.