According to a market report by Lucintel, the future of the dairy market in the US looks promising with opportunities in the supermarkets/hypermarkets, convenience stores, specialist retailers, online stores, and other distribution channels . The major drivers for this market are increasing demand for dairy products, growing awareness towards health, growing demand of lactose-free products, growing focus on infant nutrition and demand for organic clean label dairy products.
In this market, milk, cheese, butter, dairy desserts, and yogurt are the major product types. Milk is expected to remain the largest segment over the forecast period due to rising demand in the food and beverage industry, and rising domestic and commercial use of milk in all dairy products.
Within the dairy market, the supermarket/hypermarket segment is expected to witness the highest growth over the forecast period due to the growing number of supermarkets/hypermarkets, presence of a wide range of products in such stores, and the availability of products at a lower price.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the dairy market in the US by product type and distribution channel and has compiled a comprehensive research report titled “Growth Opportunities for the Dairy Market in the US 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the dairy market in the US by product type and distribution channel as follows:
By Product Type [$ Million Shipment Analysis from 2015 to 2026]:
Milk
Cheese
Butter
Dairy Desserts
Yogurt
Other
By Distribution Channel [$ Million Shipment Analysis from 2015 to 2026]:
Supermarkets/Hypermarkets
Convenience Stores
Specialist Retailers
Online Stores
Others
This more than 50 pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.