Well-Established Dairy Sector to Accelerate the European Dairy Snacks Market Growth

Published: Jan 2021

The European dairy snacks market is anticipated to grow at a CAGR of 4.4% over the forecast period (2020-2026). The key factor that drives the growth of the market includes the well-established dairy industry in the region. According to the European Parliament, the EU dairy sector is the second biggest agricultural sector in the EU, representing more than 12 % of total agricultural output. The EU was the largest producer of milk in absolute terms and relative to population size among G20 members as of 2016. 

Along with this, there is substantial demand for cheese particularly in countries such as the UK and Germany. Hence, owing to an established dairy sector and substantial demand, the market is likely to witness positive growth over the forecast period.

Browse the full report description of "European 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" at https://www.omrglobal.com/industry-reports/european-dairy-snacks-market

Besides, some other factors that drive the market growth include increasing disposable incomes, rising consumer health awareness along with the rise in snack consumption habits. However, some factors such as increasing lactose intolerance, growing popularity of vegan products, and shift to non-dairy products are challenging the growth of the European dairy snacks industry. 

Market Coverage

  • Market number available for – 2019-2026
  • Base year- 2019
  • Forecast period- 2020-2026
  • Segment Covered- By Product Type and By Distribution Channel
  • Region Covered- Europe
  • Competitive Landscape- Arla Foods, Danone SA, Fonterra Group Cooperative Ltd., Nestle SA, Royal FrieslandCampina NV, The Bel Co., and Unilever Plc

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment dominates the market in the base year?
  • Which segment will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID forecast

o Most affected segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Europe Dairy Snacks Market – Segmentation

By Product Type

  • Cheese
  • Yogurt
  • Ice Cream
  • Others

By Distribution Channel

  • Retail & Supermarkets 
  • Online Distribution Channel

Europe Dairy Snacks Market – Countries Covered 

Europe      

  • UK
  • Germany
  • France
  • Italy
  • Spain 
  • Rest of Europe

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