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Global Dairy Snack Market: By Type: Cheese, Yoghurt, Ice cream, Others; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Speciality Stores, Online, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
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 2023-2028.
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.
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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.
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.
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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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 Industry Opportunities and Challenges
8 Global Dairy Snack Market Analysis
8.1 Key Industry Highlights
8.2 Global Dairy Snack Historical Market (2018-2022)
8.3 Global Dairy Snack Market Forecast (2023-2028)
8.4 Global Dairy Snack Market by Type
8.4.1 Cheese
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Yoghurt
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.2.4 Breakup by Type
8.4.2.4.1 Spoonable Yoghurt
8.4.2.4.2 Drinkable Yoghurt
8.4.3 Ice cream
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Dairy Snack Market by Distribution Channel
8.5.1 Supermarkets and Hypermarkets
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Convenience Stores
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Speciality Stores
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Online
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Dairy Snack Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis
12.1 Major Exporting Countries
12.1.1 By Value
12.1.2 By Volume
12.2 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Fonterra Co-operative Group Limited
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Danone SA
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Gujarat Cooperative Milk Marketing Federation Ltd (Amul)
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Nestle SA
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Arla Foods Amba
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Dairy Farmers of America Inc.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Industry Events and Developments
List of Key Figures and Tables
1. Global Dairy Snack Market: Key Industry Highlights, 2018 and 2028
2. Global Dairy Snack Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Dairy Snack Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Dairy Snack Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
5. Global Dairy Snack Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
6. Global Dairy Snack Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Dairy Snack Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Dairy Snack Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Dairy Snack Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Dairy Snack Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Dairy Snack Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Dairy Snack Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Dairy Snack Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Dairy Snack Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Dairy Snack Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Dairy Snack Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Dairy Snack Market Forecast: Breakup by Country (USD Million), 2023-2028
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 2023-2028.
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 2023-2028.
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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