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Fermented Milk Market

ID: MRFR/FnB/3162-HCR
128 Pages
Snehal Singh
October 2025

Fermented Milk Products Market Global Research Report Information by Product Type (Yogurt, Kefir, Cheese, Sour Cream, and Other), Packaging Type (Cartons, Tubs, Pouches, and Others), Distribution Channel (Store-Based and Non-Store Based), and Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast till 2035

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Fermented Milk Market Summary

The Global Fermented Milk Market Products Market is projected to grow from 213.7 USD Billion in 2024 to 473.6 USD Billion by 2035.

Key Market Trends & Highlights

Global Fermented Milk Market Products Key Trends and Highlights

  • The market is expected to experience a compound annual growth rate (CAGR) of 7.5 percent from 2025 to 2035.
  • By 2035, the market valuation is anticipated to reach 473.6 USD Billion, indicating robust growth potential.
  • In 2024, the market is valued at 213.7 USD Billion, reflecting a strong foundation for future expansion.
  • Growing adoption of health-conscious dietary trends due to increasing consumer awareness is a major market driver.

Market Size & Forecast

2024 Market Size 213.7 (USD Billion)
2035 Market Size 473.6 (USD Billion)
CAGR (2025-2035) 7.5%

Major Players

Chr. Hansen Holding A/S (Denmark), DSM NV (Netherlands), Dairy Manufacturers, Inc. (US), Meadow Foods Limited (UK), Mother Dairy Fruit & Vegetable Pvt. Ltd. (India), Morinaga Milk Industry Co., Ltd. (Japan), General Mills, Inc. (US), Bio-K Plus International Inc. (Canada), Lifeway Foods, Inc. (US), Danisco A/S (Denmark), FrieslandCampina (Netherlands), Valio Ltd. (Finland), Nestle S.A. (Switzerland), Danone (France)

Fermented Milk Market Drivers

Rising Health Consciousness

The Global Fermented Milk Market Products Market Industry is experiencing a notable surge in demand driven by increasing health consciousness among consumers. As individuals become more aware of the health benefits associated with fermented milk products, such as probiotics and improved digestion, the market is projected to reach 213.7 USD Billion in 2024. This trend is particularly evident in regions like North America and Europe, where consumers actively seek functional foods that promote gut health. The growing preference for natural and organic products further fuels this demand, indicating a shift towards healthier dietary choices that align with modern wellness trends.

Key Companies in the Fermented Milk Market market include

Industry Developments

  • Q3 2024: New Culture receives US regulatory approval for precision-fermented mozzarella New Culture, a US-based food tech company, secured regulatory approval to launch its precision-fermented mozzarella cheese for pizza, featuring animal-free casein protein, in the US market in 2024.

Report Outlook

This global fermented milk products market research report consists of the following elements mentioned below:

    • Market Overview

    • COVID 19 Analysis

    • Market Dynamics

    • Technical Analysis

Future Outlook

Fermented Milk Market Future Outlook

The Global Fermented Milk Market Products Market is projected to grow at a 7.5% CAGR from 2024 to 2035, driven by rising health consciousness, product innovation, and increasing demand for probiotic-rich foods.

New opportunities lie in:

  • Develop plant-based fermented milk alternatives to cater to vegan consumers.
  • Leverage e-commerce platforms for direct-to-consumer sales of premium products.
  • Invest in R&D for functional fermented milk with enhanced health benefits.

By 2035, the market is expected to achieve substantial growth, reflecting evolving consumer preferences and innovation.

Market Segmentation

Report Outlook

  • Market Overview
  • COVID 19 Analysis
  • Market Dynamics
  • Technical Analysis
  • Market Segmentation
  • Regional Analysis
  • Competitive Landscape
  • Recent Developments

Report Scope

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Market Highlights

Author
Snehal Singh
Assistant Manager - Research

High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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FAQs

Which region held the largest market share during the forecasted period?

The largest market share in the fermented milk products market all across the globe is held by the North American region.

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