Dairy Snacks Market
Global Dairy Snacks Market Size, Share & Trends Analysis Report By Product (Cheese, Yogurt, Ice Cream, and Others), By Distribution Channel (Retail & Supermarkets and Online Distribution Channel), and Forecast 2020-2026 Update Available - Forecast 2024-2030
The global dairy snacks market is projected to grow at a CAGR of 4.8% during the forecast period (2020-2026). The key factors that drive the growth of the market include the rising demand for ready meals or on-the-go snacks along with a continuous change in consumer preferences. With an increase in urban working culture and fast-paced lifestyles, there is limited time available for cooking and meal preparation, owing to which processed foods such as ready-to-eat products have become popular, majorly in urban areas. Dairy snacks such as flavored milk drink aids in enhancing the mood levels of the consumers and elevate their energy levels. Besides, it helps in gaining body fats, thus leading to an improved body mass ratio. Hence, owing to such benefits offered by dairy snacks, the market is likely to witness over the forecast period.
Furthermore, owing to the increasing disposable income, rising awareness regarding healthy snacks, rising launches of innovative snacks, and expansion of global snack manufacturers across the globe are some other factors that tend to drive the growth of the global dairy snacks market over the forecast period. Moreover, rising awareness regarding protein-enriched products has also increased the adoption of dairy-based products, which in turn, has contributed to the growth of the market over the forecast period. However, the factor that limits the growth of the market includes increasing lactose intolerance among the consumers and a shift to non-dairy products.
Segmental Scope
The global dairy snacks market is segmented on the basis of product type and distribution channel. Based on the product type, the market is segmented into cheese, yogurt, ice cream, and others such as butter. Cheese is estimated to contribute a prominent share in the market. Cheese snacks have been popular in regions, including North America and Europe, and now, the demand for cheese snacks has spread across the globe. Based on the distribution channel, the market is segmented retail & supermarkets and online distribution. Retail & supermarkets are the major distribution channels for dairy snacks.
Key Market Trends
Beverage Industry to Contribute Considerably to the Market
The beverage industry is likely to contribute significantly to the market over the forecast period. The growth is attributed to the continuous contributions by the key players for the innovations and novel product launches such as flavored milk. Further, the consumption of dairy beverages for enhancing mood levels and elevating the energy levels of the consumers also supports the growth and creates demand from the beverage industry.
Regional Outlook
The global dairy snacks market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The European region is projected to hold a significant market share. The UK, Germany, France, Italy, Spain, and the Rest of Europe are the major economies primarily contributing to the growth of the dairy snacks market in the region. The regional growth of the market is attributed to the increased consumption of dairy snacks, majorly cheese. In the European economies, there is an increased demand for authentic cheese as it is considered a healthy snack by consumers and is strongly associated with calcium, protein, and vitamin D. Numerous innovations by the players operating in the market such as flavored cheese are also likely to add to the regional growth of the market over the forecast period.
Global Dairy Snacks Market by Region 2019, (%)
Market Players Outlook
Some of the prominent players operating in the global dairy snacks market include Dairy Farmers of America Inc., Danone SA, General Mills Inc., Gujarat Cooperative Milk Marketing Federation Ltd (Amul), Nestle SA, Royal FrieslandCampina NV, and Unilever Plc, among others. These manufacturers are adopting various strategies such as new product launches and approvals, mergers and acquisitions, partnerships and collaborations, and many others to thrive in a competitive environment.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global dairy snacks market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Nestle SA
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Unilever Plc
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. General Mills Inc.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Danone SA
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Gujrat Cooperative Milk Marketing Federation Ltd. (Amul)
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Dairy Snacks Market by Product
5.1.1. Cheese
5.1.2. Yogurt
5.1.3. Ice cream
5.1.4. Others
5.2. Global Dairy Snacks Market by Distribution Channel
5.2.1. Retail &Supermarkets
5.2.2. Online Distribution Channel
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Almarai Co.
7.2. Arla Foods Group
7.3. Califia Farms, LLC
7.4. China Mengniu Dairy Co., Ltd.
7.5. Dairy Farmers of America Inc.
7.6. Danone SA
7.7. Fage International S.A.
7.8. Fonterra Group Cooperative Ltd.
7.9. General Mills Inc.
7.10. Gujarat Cooperative Milk Marketing Federation Ltd (Amul)
7.11. Lactalis Group
7.12. Megmilk Snow Brand Co. Ltd.
7.13. Meiji Holdings Co. Ltd.
7.14. Mondelez International Inc.
7.15. Nestle SA
7.16. Parmalat SpA
7.17. Royal Friesland Campina NV
7.18. Sancor Cooperativas Unidas Ltd.
7.19. Saputo Inc.
7.20. Schreiber Foods Inc.
7.21. The Bel Group
7.22. The Coca-Cola Co.
7.23. Unilever Plc
1. GLOBAL DAIRY SNACKS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
2. GLOBAL CHEESE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL YOGURT MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL ICE CREAM MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
5. GLOBAL OTHER DAIRY SNACK PRODUCT MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
6. GLOBAL DAIRY SNACKS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
7. GLOBAL DAIRY SNACKS AT RETAIL & SUPERMARKETS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. GLOBAL DAIRY SNACKS AT ONLINE DISTRIBUTION CHANNEL MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. GLOBAL DAIRY SNACKS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
10. NORTH AMERICAN DAIRY SNACKS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
11. NORTH AMERICAN DAIRY SNACKS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
12. NORTH AMERICAN DAIRY SNACKS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
13. EUROPEAN DAIRY SNACKS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
14. EUROPEAN DAIRY SNACKS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
15. EUROPEAN DAIRY SNACKS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
16. ASIA-PACIFIC DAIRY SNACKS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
17. ASIA-PACIFIC DAIRY SNACKS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
18. ASIA-PACIFIC DAIRY SNACKS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
19. REST OF THE WORLD DAIRY SNACKS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
20. REST OF THE WORLD DAIRY SNACKS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
1. GLOBAL DAIRY SNACKS MARKET SHARE BY PRODUCT, 2019 VS 2026 (%)
2. GLOBAL DAIRY SNACKS MARKET SHARE BY DISTRIBUTION CHANNEL, 2019 VS 2026 (%)
3. GLOBAL DAIRY SNACKS MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
4. US DAIRY SNACKS MARKET SIZE, 2019-2026 ($ MILLION)
5. CANADA DAIRY SNACKS MARKET SIZE, 2019-2026 ($ MILLION)
6. UK DAIRY SNACKS MARKET SIZE, 2019-2026 ($ MILLION)
7. FRANCE DAIRY SNACKS MARKET SIZE, 2019-2026 ($ MILLION)
8. GERMANY DAIRY SNACKS MARKET SIZE, 2019-2026 ($ MILLION)
9. ITALY DAIRY SNACKS MARKET SIZE, 2019-2026 ($ MILLION)
10. SPAIN DAIRY SNACKS MARKET SIZE, 2019-2026 ($ MILLION)
11. ROE DAIRY SNACKS MARKET SIZE, 2019-2026 ($ MILLION)
12. INDIA DAIRY SNACKS MARKET SIZE, 2019-2026 ($ MILLION)
13. CHINA DAIRY SNACKS MARKET SIZE, 2019-2026 ($ MILLION)
14. JAPAN DAIRY SNACKS MARKET SIZE, 2019-2026 ($ MILLION)
15. REST OF ASIA-PACIFIC DAIRY SNACKS MARKET SIZE, 2019-2026 ($ MILLION)
16. REST OF THE WORLD DAIRY SNACKS MARKET SIZE, 2019-2026 ($ MILLION)
