What is the projected growth rate (CAGR) of the Dairy Products Market from 2024 to 2031, and what is the market value expected to change by 2031?

Dairy Products Market reached USD million in 2022 and is projected to witness lucrative growth by reaching up to USD million by 2031. The market is expected to exhibit a CAGR of 3.2% during the forecast period (2024-2031). 

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What is Dairy Products Market ?

Fragrance fixatives are substances used in perfumes and scented products to stabilize and preserve the scent, slowing down the evaporation of volatile aromatic compounds. They help maintain the fragrance's intensity, longevity, and overall balance by anchoring lighter notes and enhancing scent durability. Fixatives can be natural (like resins, musk, and essential oils) or synthetic (such as phthalates, aroma chemicals, and macrocyclic musks). Widely used in perfumery, cosmetics, and personal care, they are essential for creating long-lasting and well-rounded fragrance formulations.

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Conclusion

Dairy products remain a vital part of the global food system, offering essential nutrients and diverse product options to meet evolving consumer demands. With ongoing innovations, growing health awareness, and advancements in processing and distribution, the dairy industry is well-positioned for sustained growth and continued relevance in both traditional and modern diets.

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Top Key Companies:

Danone S.A., Nestlé S.A., Fonterra Co-operative Group Limited, Royal FrieslandCampina N.V., Lactalis International, Dairy Farmers of America Inc., Arla Foods amba, Saputo Inc., Yili Group, and Amul.

Market Segments:

By Type: Milk, Milk Powder, Butter, Cheese, Yogurt, and Others

By Distribution Channel: Online Sales, Offline Sales

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