
Fermented Milk Market Analysis
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

Market Summary
The Global Fermented Milk 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 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% |
Largest Regional Market Share in 2024 | south_america) |
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)
Market Trends
The increasing consumer preference for probiotic-rich foods and beverages is driving the growth of the fermented milk products sector, reflecting a broader trend towards health-conscious dietary choices.
U.S. Department of Agriculture (USDA)
Fermented Milk Market Market Drivers
Rising Health Consciousness
The Global Fermented Milk 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.
Market Segment Insights
Regional Insights
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:
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Market Overview
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COVID 19 Analysis
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Market Dynamics
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Technical Analysis
Future Outlook
Fermented Milk Market Future Outlook
The Global Fermented Milk 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
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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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Table of Contents
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Executive Summary
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Market Introduction
- Market Definition
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Scope of the Study
- Research Objectives
- Assumptions & Limitations
- Market Structure
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MARKET Research Methodology
- Research Process
- Secondary Research
- Primary Research
- Forecast Model
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MARKET LANDSCAPE
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Supply Chain Analysis
- Raw Material Suppliers
- Manufacturers/Producers
- Distributors/Retailers/Wholesalers/E-Commerce
- End Users
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Porter’s Five Forces Analysis
- Threat of New Entrants
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Threat of Substitutes
- Internal Rivalry
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Supply Chain Analysis
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MARKET DYNAMICS OF GLOBAL FERMENTED MILK PRODUCTS MARKET
- Introduction
- Drivers
- Restraints
- Opportunities
- Challenges
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GLOBAL FERMENTED MILK PRODUCTS MARKET, BY PRODUCT TYPE
- Introduction
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Yogurt
- Market Estimates & Forecast, 2024–2032
- Market Estimates & Forecast, by Region, 2024–2032
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Kefir
- Market Estimates & Forecast, 2024–2032
- Market Estimates & Forecast, by Region, 2024–2032
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Cheese
- Market Estimates & Forecast, 2024–2032
- Market Estimates & Forecast, by Region, 2024–2032
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Sour Cream
- Market Estimates & Forecast, 2024–2032
- Market Estimates & Forecast, by Region, 2024–2032
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Others
- Market Estimates & Forecast, 2024–2032
- Market Estimates & Forecast, by Region, 2024–2032
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GLOBAL FERMENTED MILK PRODUCTS MARKET, BY PACKAGING TYPE
- Introduction
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Cartons
- Market Estimates & Forecast, 2024–2032
- Market Estimates & Forecast, by Region, 2024–2032
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Tubs
- Market Estimates & Forecast, 2024–2032
- Market Estimates & Forecast, by Region, 2024–2032
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Pouches
- Market Estimates & Forecast, 2024–2032
- Market Estimates & Forecast, by Region, 2024–2032
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Others
- Market Estimates & Forecast, 2024–2032
- Market Estimates & Forecast, by Region, 2024–2032
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GLOBAL FERMENTED MILK PRODUCTS MARKET, BY DISTRIBUTION CHANNEL
- Introduction
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Store Based
- Market Estimates & Forecast, 2024–2032
- Market Estimates & Forecast, by Region, 2024–2032
- Hypermarkets & Supermarkerts
- Convenience Stores
- Others
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Non-Store Based
- Market Estimates & Forecast, 2024–2032
- Market Estimates & Forecast, by Region, 2024–2032
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GLOBAL FERMENTED MILK PRODUCTS MARKET, BY REGION
- Introduction
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North America
- Market Estimates & Forecast, 2024–2032
- Market Estimates & Forecast, by Product Type, 2024–2032
- Market Estimates & Forecast, by Packaging Type, 2024–2032
- Market Estimates & Forecast, by Distribution Channel, 2024–2032
- Market Estimates & Forecast, by Country, 2024–2032
- US
- Canada
- Mexico
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Europe
- Market Estimates & Forecast, 2024–2032
- Market Estimates & Forecast, by Product Type, 2024–2032
- Market Estimates & Forecast, by Packaging Type, 2024–2032
- Market Estimates & Forecast, by Distribution Channel, 2024–2032
- Market Estimates & Forecast, by Country, 2024–2032
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
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Asia-Pacific
- Market Estimates & Forecast, 2024–2032
- Market Estimates & Forecast, by Product Type, 2024–2032
- Market Estimates & Forecast, by Packaging Type, 2024–2032
- Market Estimates & Forecast, by Distribution Channel, 2024–2032
- Market Estimates & Forecast, by Country, 2024–2032
- China
- Japan
- India
- Australia & New Zealand
- Rest of Asia-Pacific
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Rest of the World
- Market Estimates & Forecast, 2024–2032
- Market Estimates & Forecast, by Product Type, 2024–2032
- Market Estimates & Forecast, by Packaging Type, 2024–2032
- Market Estimates & Forecast, by Distribution Channel, 2024–2032
- Market Estimates & Forecast, by Country, 2024–2032
- South America
- Middle East
- Africa
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Competitive Landscape
- Introduction
- Market Strategies
- Key Development Analysis
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(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)
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COMPANY PROFILES
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Nestle S.A.
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Key Strategies
- Key Developments
- SWOT Analysis
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Danone
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Key Strategies
- Key Developments
- SWOT Analysis
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Valio Ltd.
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Key Strategies
- Key Developments
- SWOT Analysis
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FrieslandCampina
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Key Strategies
- Key Developments
- SWOT Analysis
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Danisco A/S
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Key Strategies
- Key Developments
- SWOT Analysis
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Lifeway Foods, Inc.
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Key Strategies
- Key Developments
- SWOT Analysis
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Bio-K Plus International Inc.
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Key Strategies
- Key Developments
- SWOT Analysis
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General Mills, Inc.
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Key Strategies
- Key Developments
- SWOT Analysis
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Morinaga Milk Industry Co., Ltd.
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Key Strategies
- Key Developments
- SWOT Analysis
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Mother Dairy Fruit & Vegetable Pvt Ltd.
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Key Strategies
- Key Developments
- SWOT Analysis
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Meadow Foods Limited
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Key Strategies
- Key Developments
- SWOT Analysis
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Dairy Manufacturers, Inc.
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Key Strategies
- Key Developments
- SWOT Analysis
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DSM NV
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Key Strategies
- Key Developments
- SWOT Analysis
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Chr. Hansen Holding A/S
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Key Strategies
- Key Developments
- SWOT Analysis
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Nestle S.A.
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CONCLUSION
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List of Tables and Figures
- LIST OF TABLES
- Table 1 Global Fermented Milk Products Market, by Region, 2024–2032 (USD Million)
- Table 2 Global Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 3 Global Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 4 Global Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 5 North America: Fermented Milk Products Market, by Country, 2024–2032 (USD Million)
- Table 6 North America: Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 7 North America: Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 8 North America: Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 9 US: Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 10 US: Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 11 US: Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 12 Canada: Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 13 Canada: Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 14 Canada: Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 15 Mexico: Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 16 Mexico: Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 17 Mexico: Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 18 Europe: Fermented Milk Products Market, by Country, 2024–2032 (USD Million)
- Table 19 Europe: Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 20 Europe: Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 21 Europe: Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 22 Germany: Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 23 Germany: Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 24 Germany: Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 25 France: Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 26 France: Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 27 France: Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 28 Italy: Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 29 Italy: Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 30 Italy: Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 31 Spain: Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 32 Spain: Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 33 Spain: Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 34 UK: Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 35 UK: Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 36 UK: Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 37 Rest of Europe: Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 38 Rest of Europe: Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 39 Rest of Europe: Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 40 Asia-Pacific: Fermented Milk Products Market, by Country, 2024–2032 (USD Million)
- Table 41 Asia-Pacific: Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 42 Asia-Pacific: Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 43 Asia-Pacific: Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 44 China: Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 45 China: Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 46 China: Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 47 India: Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 48 India: Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 49 India: Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 50 Japan: Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 51 Japan: Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 52 Japan: Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 53 Rest of Asia-Pacific: Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 54 Rest of Asia-Pacific: Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 55 Rest of Asia-Pacific: Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 56 Rest of the World (RoW): Fermented Milk Products Market, by Country, 2024–2032 (USD Million)
- Table 57 Rest of the World (RoW): Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 58 Rest of the World (RoW): Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 59 Rest of the World (RoW): Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 60 South America: Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 61 South America: Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 62 South America: Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 63 Middle East: Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 64 Middle East: Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 65 Middle East: Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million)
- Table 66 Africa: Fermented Milk Products Market, by Product Type, 2024–2032 (USD Million)
- Table 67 Africa: Fermented Milk Products Market, by Packaging Type, 2024–2032 (USD Million)
- Table 68 Africa: Fermented Milk Products Market, by Distribution Channel, 2024–2032 (USD Million) LIST OF FIGURES
- FIGURE 1 Global Fermented Milk Products Market Segmentation
- FIGURE 2 Forecast Research Methodology
- FIGURE 3 Five Forces Analysis of the Global Fermented Milk Products Market
- FIGURE 4 Value Chain of the Global Fermented Milk Products Market
- FIGURE 5 Share of the Global Fermented Milk Products Market in 2024, by Country (%)
- FIGURE 6 Global Fermented Milk Products Market, by Region, 2024–2032,
- FIGURE 7 Global Fermented Milk Products Market Size, by Product Type, 2024
- FIGURE 8 Share of the Global Fermented Milk Products Market, by Product Type, 2024–2032 (%)
- FIGURE 9 Global Fermented Milk Products Market Size, by Packaging Type, 2024
- FIGURE 10 Share of the Global Fermented Milk Products Market, by Packaging Type, 2024–2032 (%)
- FIGURE 11 Global Fermented Milk Products Market Size, by Distribution Channel, 2024
- FIGURE 12 Share of the Global Fermented Milk Products Market, by Distribution Channel, 2024–2032 (%)
Fermented Milk Products Market Segmentation
Market Segmentation Overview
- Detailed segmentation data will be available in the full report
- Comprehensive analysis by multiple parameters
- Regional and country-level breakdowns
- Market size forecasts by segment

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