Iran Dairy Products Market to Grow with a CAGR of 6.89% through 2030F
The Iran Dairy Products
Market is driven by rising demand for nutritious foods, population growth,
urbanization, improving incomes, and increasing awareness of health benefits of
dairy.
According
to TechSci Research report, “Iran Dairy Products Market – By Region, Competition, Forecast & Opportunities, 2020-2030F”, the Iran Dairy Products Market was valued at USD 3.56 Billion in 2024
and is expected to reach USD 6.78 Billion by 2030 with a CAGR of 6.89% during
the forecast period. The
Iran Dairy Products market has experienced substantial growth in recent years, owing
to the growing retail expansion across the region. The rise of supermarkets,
hypermarkets, and modern retail outlets in urban areas has made dairy products
more accessible to consumers. These retail channels offer a wide range of dairy
items, from traditional products like milk and yogurt to innovative options
such as organic, lactose-free, and fortified dairy products. The growing
preference for convenience and a variety of choices has shifted consumer
shopping habits toward these larger retail formats. Also, improved
refrigeration and storage facilities in retail outlets ensure the freshness and
quality of dairy products, further boosting consumer confidence and demand.
This expansion is expected to continue, supporting market growth.
The Iran Dairy Products market is driven
by its wide usage in the commercial sector, particularly in foodservice,
hospitality, and manufacturing industries. Dairy products such as milk, yogurt,
butter, and cheese are key ingredients in restaurants, cafes, hotels, and
fast-food chains, which rely on them for preparing a variety of menu items. The
growing demand for convenience foods and ready-to-eat meals further increases
the consumption of dairy in the commercial sector. Also, dairy ingredients are
essential in the production of baked goods, sauces, desserts, and beverages in
commercial kitchens. The rise of packaged and processed dairy products also
aligns with trends in food manufacturing. As the commercial sector continues to
expand, particularly in urban areas, the demand for dairy products for use in
foodservice, catering, and product development is expected to grow, driving
market expansion.
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" Iran Dairy Products Market”
The Iran Dairy
Products Market is segmented into product type, end user, sales channel and region.
Based
on sales channel, online is the fastest-growing segment in the Iran Dairy
Products market, driven by increasing internet penetration, digital platforms,
and changing consumer shopping behaviours. With a growing preference for
convenience, many consumers are turning to e-commerce platforms to purchase
dairy products, especially in urban areas. Online grocery shopping provides
easy access to a wide variety of dairy items, including premium, organic, and
specialty products. The ability to compare prices, access detailed product
information, and enjoy home delivery services contributes to the rise in online
dairy sales. This trend is supported by the increasing number of online grocery
retailers and the growing trust in online shopping, making it a key driver of
market growth.
Based on region, Isfahan region of Iran is the fastest
growing in the Dairy Products market, driven by its strategic location,
industrial development, and growing urbanization. Isfahan's expanding
population, coupled with rising disposable incomes, has increased demand for
dairy products, particularly premium and processed items. The region also has a
well-established dairy production base, contributing to both local consumption
and supply to other regions. Also, Isfahan’s growing retail sector, including supermarkets
and hypermarkets, has made dairy products more accessible to consumers. As
urbanization accelerates and consumer preferences shift towards healthier and
diverse dairy options, Isfahan is expected to see continued growth in its dairy
market.
Major companies
operating in Iran Dairy Products Market are:
- Nestle
S.A
- Farrokh Mehr Spadana Company
- ChaltaFarm Dairy Export Department
- Sabah Industrial Group
- Britannia Industries Limited
- Dodla Dairy Limited
- Gujarat Co-operative Milk Marketing
Federation Limited
- Hatsun Agro Product Limited
- Karnataka Milk Federation
- Mother Dairy Fruit & Vegetable
Private Limited
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“The Iran Dairy Products Market is driven
by the growing middle class and rising disposable incomes across the region. As
economic conditions improve, a larger portion of the population has access to
higher purchasing power, leading to increased demand for a wider variety of
dairy products, including premium, organic, and fortified options. The middle
class is also becoming more health-conscious, opting for nutritious and
high-quality dairy products. This shift in consumer behavior is encouraging
dairy producers to innovate and cater to the changing preferences of a
wealthier, more discerning population. As disposable incomes continue to rise,
the demand for diverse and convenient dairy products is expected to grow,
further fueling market expansion.” said Mr. Karan Chechi, Research
Director of TechSci Research, a research-based management consulting firm.
“Iran Dairy Products
Market By Type (Butter, Cheese, Cream, Dairy Desserts, Milk, Sour Milk Drinks,
Yogurt), By End User (Residential, Commercial), By Sales Channel (Supermarket/Hypermarket,
Convenience Stores, Online, Others), By Region, Competition, Forecast &
Opportunities, 2020-2030F”, has evaluated the future growth potential of Iran Dairy
Products Market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the Iran Dairy Products
Market.
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