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Dairy Snack Market

Global Dairy Snack Market Size, Share, Trends, Forecast: By Type: Cheese, Yoghurt, Ice cream, Others; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Speciality Stores, Online, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Dairy Snack Market Outlook

The global dairy snack market is expected to grow at a CAGR of 3.6% during the forecast period of 2024-2032.

 

The Rising Demand for Protein Rich Diet to Invigorate the Market Growth of Dairy Snacks

The global market for dairy snacks is being driven by the considerable rise in the consumption of ready-to-eat (RTE) milk products on account of busy lifestyles, inflating incomes, and growing global population. Dairy snacks like ice creams, cheese, and yoghurts are continuously witnessing a huge demand, especially after the coronavirus outbreak. This can be associated with the heightened demand for comfort foods, especially during the lockdown period. This led to the generation of robust growth opportunities for manufacturers to innovate with dairy products, such as the production of powdered ingredients having a longer shelf life.

 

Global Dairy Snack Market

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In addition, the market grew at a healthy pace despite the lockdown as dairy items like  yoghurts and cheese are rich in proteins and nutrients and thus witnessed augmented demand from the health-conscious consumers. However, the rising trends of veganism are expected to restrict the growth of the market. Nonetheless, innovations in manufacturing practices such as the development of soy milk and gluten-free products are anticipated to provide impetus to the market growth.

 

Dairy Snack: Market Segmentation

Dairy snacks are mini meals that are predominantly made up of milk. These snacks have numerous nutrients, such as calcium, protein, and vitamin B12 and B5.

 

Global Dairy Snack Market

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On the basis of type, the market can be segmented into:

  • Cheese
  • Yoghurt
  • Ice cream
  • Others

The yoghurt segment is divided into spoonable yoghurt and drinkable yoghurt.

Based on distribution channel, the market can be divided into:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Speciality Stores
  • Online
  • Others

The EMR report looks into the regional markets of dairy snack like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

 

Easy Availability of Dairy Snacks Through an Extensive Distribution Channel to Aid the Growth of the Market

The rise in the market for dairy snacks can be associated with the increasing demand for yoghurts and flavoured milk owing to their high protein and nutritional value. As a result of busy lifestyles, dual income households, and high demand for ready-to-eat products, the market is further witnessing growth with the availability of packed food items from an extensive distribution channel. Supermarkets, hypermarkets, convenience, speciality stores, and other dairy stores are the largest suppliers of dairy snacks and the presence of these in nearly every neighborhood is invigorating the growth of the overall market of dairy snacks.

 

Global Dairy Snack Market

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However, owing to the pandemic induced restrictions on social gatherings and the shut down of convenience stores led to the robust growth of e-commerce websites, which sustained the market growth of dairy snacks. Looking forward, the market is expected to be continually driven by the demand for nutritious food items and the flourishing e-commerce industry in major regions. These factors are hence boosting the growth of the market.

 

Key Industry Players in the Global Dairy Snack Market

The report presents a detailed analysis of the following key players in the global dairy snack market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:

  • Fonterra Co-operative Group Limited
  • Danone SA
  • Gujarat Cooperative Milk Marketing Federation Ltd (Amul)
  • Nestle SA
  • Arla Foods Amba
  • Dairy Farmers of America Inc.
  • Others

The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Distribution Channel, Region
Breakup by Type Cheese, Yoghurt, Ice cream, Others
Breakup by Distribution Channel Supermarkets and Hypermarkets, Convenience Stores, Speciality Stores, Online, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Trade Data Analysis Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Fonterra Co-operative Group Limited, Danone SA, Gujarat Cooperative Milk Marketing Federation Ltd (Amul), Nestle SA, Arla Foods Amba, Dairy Farmers of America Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface  
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Dairy Snack Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Dairy Snack Historical Market (2018-2023) 
    8.3    Global Dairy Snack Market Forecast (2024-2032)
    8.4    Global Dairy Snack Market by Type
        8.4.1    Cheese
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Yoghurt
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
            8.4.2.3    Breakup by Type
                8.4.2.3.1    Spoonable Yoghurt
                8.4.2.3.2    Drinkable Yoghurt
        8.4.3    Ice cream
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Others
    8.5    Global Dairy Snack Market by Distribution Channel
        8.5.1    Supermarkets and Hypermarkets
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Convenience Stores
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Speciality Stores
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Online
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Others
    8.6    Global Dairy Snack Market by Region     
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Dairy Snack Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Dairy Snack Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5   Others
11    Asia Pacific Dairy Snack Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Dairy Snack Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East  and Africa Dairy Snack Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market  Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis 
16    Trade Data Analysis 

    16.1    Major Exporting Countries
        16.1.1    By Value
        16.1.2    By Volume
    16.2    Major Importing Countries
        16.2.1    By Value
        16.2.2    By Volume 
17    Price Analysis
18    Competitive Landscape

    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Fonterra Co-operative Group Limited
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Danone SA
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Gujarat Cooperative Milk Marketing Federation Ltd (Amul)
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Nestle SA
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    Arla Foods Amba
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    Dairy Farmers of America Inc.
            18.2.6.1    Company Overview
            18.2.6.2    Product Portfolio
            18.2.6.3    Demographic Reach and Achievements
            18.2.6.4    Certifications
        18.2.7    Others
19    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Dairy Snack Market: Key Industry Highlights, 2018 and 2032
2.    Global Dairy Snack Historical Market: Breakup by Type (USD Million), 2018-2023
3.    Global Dairy Snack Market Forecast: Breakup by Type (USD Million), 2024-2032
4.    Global Dairy Snack Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
5.    Global Dairy Snack Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
6.    Global Dairy Snack Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Dairy Snack Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Dairy Snack Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Dairy Snack Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Dairy Snack Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Dairy Snack Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Dairy Snack Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Dairy Snack Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Dairy Snack Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Dairy Snack Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Dairy Snack Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Dairy Snack Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Major Exporting Countries by Value
19.    Major Importing Countries by Value
20.    Major Exporting Countries by Volume
21.    Major Importing Countries by Volume
22.    Global Dairy Snack Market Structure

Key Questions Answered in the Report

The global dairy snack market is projected to grow at a CAGR of 3.6% in the forecast period of 2024-2032.

The market is being driven by the rise in demand for nutritious food items, protein rich diet, and innovations in production of dairy snacks.

The easy availability of dairy snacks through an extensive distribution channel, busy lifestyles, and the flourishing e-commerce industry are augmenting the growth of the market.

The major regional markets for dairy snack are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

The different types of dairy snacks are cheese, yoghurt, and ice creams, among others.

The major distribution channels of dairy snacks are supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others.

The major players in the industry are Fonterra Co-operative Group Limited, Danone SA, Gujarat Cooperative Milk Marketing Federation Ltd (Amul), Nestle SA, Arla Foods Amba, and Dairy Farmers of America Inc., among others.

Analyst Review

The global dairy snack market is driven by the rise in demand for protein rich diet. Aided by availability of packed dairy snacks, the market is expected to grow at a CAGR of 3.6% in the forecast period of 2024-2032.

EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the industry. On the basis of type, the market can be divided into cheese, yoghurt, and ice cream, among others. Based on distribution channels, the market can be segmented into supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others. The major regional markets for dairy snack are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa. The key players in the industry are Fonterra Co-operative Group Limited, Danone SA, Gujarat Cooperative Milk Marketing Federation Ltd (Amul), Nestle SA, Arla Foods Amba, and Dairy Farmers of America Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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