Dairy Spread Market

Dairy spread market: get the latest statistics enhanced by an Ai-driven market research tool. Information cover production, trade, market size, exports, market prices, consumption, companies, and imports. Here is a split by region, including EU, Russia, Africa, the Middle East, Latin America, the U.K., the U.S., and China. Market insights and outlook to 2030 are also provided in the snapshots.

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Dairy Spread - World's Largest Markets

In value terms, the largest dairy spread markets worldwide were China, Mexico and India, together comprising 32% of the global market. Japan, Brazil, the United States, Turkey, Russia, Indonesia, Nigeria, the UK, Pakistan and Bangladesh lagged somewhat behind, together accounting for a further 27%.

Among the main consuming countries, Pakistan recorded the highest rates of growth with regard to market size, over the period under review, while dairy spread market for the other global leaders experienced more modest paces of growth.

Dairy Spread Prices

Dairy Spread - Top Importers

In value terms, Russia ($38M) constitutes the largest market for imported dairy spreads worldwide, comprising 18% of global imports. The second position in the ranking was occupied by the UK ($17M), with a 8.4% share of global imports. It was followed by South Korea, with a 7.9% share.

In Russia, dairy spread imports increased at an average annual rate of +54.7% over the period from 2018-2020. In the other countries, the average annual rates were as follows: the UK (+33.2% per year) and South Korea (-13.3% per year).

Dairy Spread - Top Exporters

In value terms, the largest dairy spread supplying countries worldwide were Belarus ($67M), Belgium ($42M) and Ireland ($20M), with a combined 55% share of global exports. Germany, Saudi Arabia, France, the Netherlands, New Zealand, Ukraine, Greece, the UK and Russia lagged somewhat behind, together comprising a further 34%.

Greece (+632.6% per year) recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Dairy Spread - Market Forecast

Driven by rising demand for dairy spread worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Dairy Spread - Top Companies

Arla Foods A.m.b.a, Bunge Alimentos S/A, GOLDEN AGRI-RESOURCES LTD, KANEKA CORPORATION, KUALA LUMPUR KEPONG BERHAD, Bunge Deutschland GmbH, GRAINCORP OILS HOLDINGS PTY LTD, GRAINCORP FOODS AUSTRALIA PTY LTD, ADANI WILMAR LIMITED, SAIPOL, Cargill NV, NISSHIN OILLIO GROUP, LTD., THE, RUCHI SOYA INDUSTRIES LIMITED, SINAR MAS AGRO RESOURCES AND TECHNOLOGY, PT TBK, Ventura Foods, LLC, CARGILL FRANCE, EPKO OIL SEED CRUSHING (PTY) LTD, BUNGE IBERICA SA, NESTLE UK LTD., PERKEBUNAN NUSANTARA XIII, PT

Dairy Spread - Product Coverage

• HS 040520 - Dairy produce; dairy spreads