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The Europe dairy market attained a value of USD 167.04 Billion in 2023 and is further expected to grow at a CAGR of 1.40% over the forecast period of 2024-2032 to reach a value of USD 189.30 Billion by 2032.
Base Year
Historical Year
Forecast Year
Value in USD Billion
2024-2032
Europe Dairy Market Outlook
*this image is indicative*
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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 industry. The market accounts for about 22% of the global milk production.
Dairy products constitute an essential part of the daily nutritional requirements and form an important component of a balanced diet. These 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 these products are annually consumed in the European Union, which has over 300 registered kinds of cheese and dairy products.
Market Breakup by Product:
Market Breakup by Region
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The dairy market in Europe 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.
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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:
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.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The Europe dairy market attained a value of USD 167.04 Billion in 2023.
The Europe dairy market is anticipated to grow at a CAGR of 1.40% during the forecast period of 2024-2032 to attain a value of USD 189.30 Billion by 2032.
The major drivers of the market include growing population, easy availability of dairy animals, and a conducive climate for dairy farming.
The key trends guiding the growth of the market include the rising GDP and higher standards of living.
The major regions in the market are Germany, France, the United Kingdom, and Russia.
The major products of dairy in the market are fluid/UHT/flavoured milk, cream, butter, anhydrous milk fat (AMF), skimmed milk powder/non-fat dry milk, whole milk powder (WMP), whey protein (powder and concentrate), lactose, casein, cheese, yoghurt, ice-cream, and probiotic dairy products, among others.
The major players in the industry are Nestlé S.A., Danone S.A., Groupe Lactalis, Royal FrieslandCampina N.V., Arla Foods amba, Unilever, DMK Deutsches Milchkontor GmbH., Sodiaal International SA., Savencia S.A., and Müller Group, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
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:
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Breakup by Product |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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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. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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