The global dairy trade is witnessing a rise, increasing by 15.3% in value in Q1 of 2018, as compared to early 2017. Thus, the value of the global trade of dairy was nearly USD 33.9 billion in the first quarter of 2018. The growth in the dairy trade was a result of an increasing demand from countries like China, United Arab Emirates, Japan, Mexico, and Australia. The trade was aided by the rise in milk exports from key markets in Africa, Central America, Europe and North America.

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Competitive Landscape & Supplier Analysis
6.7.1 Nestlé S.A. (OTCMKTS: NSRGY)
6.7.2 Fonterra Co-operative Group Limited (NZE: FCG)
6.7.3 Almarai Company (TADAWUL: 2280)
6.7.4 Danone S.A. (OTCMKTS: DANOY)
6.7.5 Arla Foods amba
6.7.6 Lactalis Group
6.7.7 The Kraft Heinz Company
6.7.8 National Agricultural Development Company (Nadec)
6.7.9 Clover Industries Limited

Globally, the consumption of dairy products has been increasing. While fresh dairy products are projected to grow by 2.1% annually in the forecast period of 2019-2024, processed dairy products will witness a 1.7% per annum growth in the coming five years. This growth in demand globally is also reflected in the Middle East and Africa dairy market with butter and cheese consumption accounting for almost 11% and 18% of the total dairy consumption in North Africa. In the Middle East, on the other hand, these two products will account for nearly 12% and 13% percent consumption in the forecast period.

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The growing population and lifestyle changes leading to rising health concerns are the primary drivers of the Middle East and Africa dairy market. Fresh milk, especially is seeing significant growth as it is considered nutrient-richer than shelf stable milk. The dairy market is especially being driven by the demand for portable ready-to-drink products like drinkable yoghurt among health-conscious females and youth in the region. The growth of the yoghurt market is also led by the customer interest towards drinks containing probiotics along with a shift towards more convenient packaged products rather than homemade dairy products. Thus, yoghurt along with sour milk is seeing healthy growth across the region, with the exception of Iran. Whey and whey proteins are also seeing a growing demand in the region.

The rising demand along with the growing customer receptiveness of new and innovative dairy products like flavoured milk and milk products, cheese spreads, and sauces, among others, are providing further impetus to the market in the Middle East and Africa. The mounting presence of food and beverages companies, the major application sector for dairy, are aiding the market along with the increasing availability of dairy products. The rising applications products like cheese for fondue in the fine dining sector is further driving the dairy market growth in the region.

Saudi Arabia, South Africa, United Arab Emirates, and Egypt along with Iran are the leading regional dairy markets. Saudi Arabia is the largest producer in the Middle East and Africa due to a large consumption of dairy products in the country. The Saudi Arabia dairy market is driven by a rising health awareness among women. It is also the largest importer of US dairy products in the area as the local companies mostly produce fresh and chilled products like milk and yoghurt. South Africa, too, is a leading market in the region due to the growing demand for cheese, butter and other milk products. Egypt is another major market with the rising consumption of liquid milk and cheese.

1 Preface
2 Research Methodology
3 Executive Summary
3.1 Market Overview
3.2 Key Demand Drivers
3.3 Key Players
3.4 Supply Market Changes
4 Global Dairy Market Overview
4.1 Chart: Global Dairy Historical Market (2014-2018) & Forecast (2019-2024)
4.2 Chart: Breakup by Product
4.2.1 Fluid/UHT/Flavoured Milk
4.2.2 Cream
4.2.3 Butter
4.2.4 Skimmed Milk Powder
4.2.5 Whole Milk Powder
4.2.6 Whey Protein (Powder and Concentrate)
4.2.7 Lactose
4.2.8 Casein
4.2.9 Cheese
4.2.10 Yoghurt
4.2.11 Ice-cream
4.2.12 Probiotic Dairy Products
4.3 Figure: Breakup by Region
4.3.1 North America
4.3.2 Europe
4.3.3 Asia Pacific
4.3.4 LATAM
4.3.5 Middle East & Africa
5 Middle East & Africa Dairy Market Outlook

Related Links :
https://www.expertmarketresearch.com/reports/malic-acid-market
https://www.expertmarketresearch.com/reports/north-america-natural-sweeteners-market

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