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The global dairy foods market size is expected to reach USD 964.18 billion by 2027, exhibiting a CAGR of 4.6% during the forecast period. The significant demand for dairy products yogurt, cheese, and whey proteins among the general population will augur well for the market, states Fortune Business Insights, in a report, titled “Dairy Foods Market Size, Share & COVID-19 Impact Analysis, By Source (Cattle, Sheep, Goat, and Camel), By Type (Lactose and Lactose-free), Product Type (Milk, Cheese, Butter, Dessert, Yogurt, and Others), Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, and Online Retail), and Regional Forecast, 2020-2027.” The market size stood at USD 686.18 billion in 2019.

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