Europe Dairy Market Key Insights:
- Market Breakup by Product Types
- Market Performance & Price Trends 2018
- Market Analysis & Outlook 2019-2024
- Capacity Addition & Plant Turnarounds
The Europe dairy market is aided by the growth in the milk industry, whose output increased by 0.7% in 2018, as compared to 2017, to reach 226.7 million tonnes. Europe cheese export saw a growth of 2.4% in 2018.
Health concerns are driving up the demand for common dairy products due to their health and nutritional benefits. Growing population, easy availability of dairy animals, and a conducive climate for dairy farming are all aiding the Europe dairy market. The market accounts for about 22% of the global milk production.
Properties and Applications
Dairy products constitute an essential part of the daily nutritional requirements and form an important component of a balanced diet. Dairy products are derived out of the milk of cows, goats and other similar animals, and includes products ranging from butter, cheese, milk powder, yoghurt to even ice cream. They are an important source of essential nutrients like calcium, protein, iodine, and various vitamins, among others. Almost 45 million metric tons of dairy products are annually consumed in the European Union, which has over 300 registered kinds of cheese and dairy products.
The dairy products produced by Europe include:
- Fluid/UHT/Flavoured Milk
- Whey Protein (Powder and Concentrate)
While drinking milk is the leading dairy product consumed in the continent, cheese also remains popular. The EMR report looks into the markets in European countries like Germany, France, United Kingdom and Russia.
Europe dairy market is one of the leading markets globally and produces almost a quarter of the milk available globally. Western Europe will see a healthy growth in the dairy market with rising GDP and higher standards of living in the coming years. However, Germany was the only market in the region that saw a growth in 2017, while UK experienced a decline. Netherlands produced over 866 million kilograms of cheese in 2017, especially its famous edam and gouda cheese.
Italy, in Southern Europe, also has a flourishing dairy market aided by the favourably warm Mediterranean climate and increasing standards of living.
Eastern and South-Eastern Europe, on the other hand, have a dairy production that is only sufficient for local consumption. Niche products like ‘lactose-free’ or ‘organic’ milk are expensive in the region and the countries have to rely on Northern and Western Europe for such products.
The production of dairy in Europe as a whole has been declining due to the decreasing milk prices. The milk quota imposed by the European Union will also act as a restraint for the Europe dairy market growth.
2019- Lactalis, the French Dairy company, to acquire Maharashtra-based Prabhat Dairy through its local venture Tirumala Milk Products.
2019- Danone to invest Rs 182 crore into Indian producer, Epigamia.
The report analyses the following key players in the Europe dairy market, looking into their capacity, market share and latest developments like plant turnarounds, capacity expansions, and mergers and acquisition:
- Nestlé S.A.
- Danone S.A.
- Groupe Lactalis
- Royal FrieslandCampina N.V.
- Arla Foods amba
- DMK Deutsches Milchkontor GmbH.
- Sodiaal International SA.
- Savencia S.A.
- Müller Group
The comprehensive report by EMR analyses gives an in-depth insight into the various components of the value chain as well as providing Porter’s five forces analysis.