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Dairy Snacks Market Report by Type, Nature, Distribution Channel, End Use, and Region 2024-2032

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    Report

  • 148 Pages
  • September 2024
  • Region: Global
  • IMARC Group
  • ID: 5912211
Description Jump to:
The global dairy snacks market size reached US$ 241.0 Billion in 2023. Looking forward, the market is expected to reach US$ 385.4 Billion by 2032, exhibiting a growth rate (CAGR) of 5.4% during 2023-2032.

Dairy snacks have numerous nutrients, such as calcium, magnesium, selenium, riboflavin, pantothenic acid, and vitamin B12 and B5. Their moderate consumption helps in reducing the risk of colorectal cancer, type 2 diabetes, and non-communicable diseases (NCDs), such as osteoporosis. Nowadays, several manufacturers are introducing new variants that aid in combating stress and anxiety and boosting mood. This, coupled with the growing awareness about their benefits, is driving the demand for dairy snacks, such as cheese, yogurt, and ice cream, across the globe.

Dairy Snacks Market Trends:

A considerable rise in the consumption of ready-to-eat (RTE) milk products on account of inflating disposable incomes and the increasing global population represents one of the key factors bolstering the growth of the market. This can also be attributed to shifting consumer preferences towards high-value products due to rapid urbanization and changing dietary patterns.

Moreover, the growing awareness among individuals about the importance of adopting a healthy lifestyle is positively influencing the demand for dairy snacks like probiotic drinks. Apart from this, good nutrition plays a pivotal role in the overall growth and development of children. It also assists in protecting against infectious and chronic diseases.

This, in confluence with the surging concerns among parents about their children's health, is escalating the demand for dairy snacks. Furthermore, several manufacturers are introducing fortified dairy snacks with the improved nutritional content of iron, plant sterols, and stanols. In line with this, due to the rising health consciousness among individuals, these manufacturers are offering low-calorie and lactose-free variants to cater to the diversified tastes and preferences of the consumers. This is anticipated to create a positive outlook for the market.

Key Market Segmentation:

This report provides an analysis of the key trends in each sub-segment of the global dairy snacks market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on type, nature, distribution channel and end use.

Breakup by Type:

  • Cheese
  • Yogurt
  • Ice Cream
  • Others

Breakup by Nature:

  • Organic
  • Conventional

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Stores
  • Others

Breakup by End Use:

  • HoReCa
  • Foods and Beverages Industry

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Arla Foods Ingredients Group, Dairy Farmers of America Inc., Danone S.A., Fonterra Co-operative Group Limited, Friesland Campina, Lactalis International, Megmilk Snow Brand Co.Ltd, Meiji Holdings Co. Ltd., Nestle S.A, Organic Valley, The Kraft Heinz Company and Unilever PLC.

Key Questions Answered in This Report

1. What was the size of the global dairy snacks market in 2023?
2. What is the expected growth rate of the global dairy snacks market during 2024-2032?
3. What are the key factors driving the global dairy snacks market?
4. What has been the impact of COVID-19 on the global dairy snacks market?
5. What is the breakup of the global dairy snacks market based on the type?
6. What is the breakup of the global dairy snacks market based on the distribution channel?
7. What are the key regions in the global dairy snacks market?
8. Who are the key players/companies in the global dairy snacks market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Dairy Snacks Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Cheese
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Yogurt
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Ice Cream
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Nature
7.1 Organic
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Conventional
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Supermarkets and Hypermarkets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Convenience Stores
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Specialty Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Online Stores
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by End Use
9.1 HoReCa
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Foods and Beverages Industry
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Arla Foods Ingredients Group
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Dairy Farmers of America Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 SWOT Analysis
15.3.3 Danone S.A.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Fonterra Co-operative Group Limited
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Friesland Campina
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Lactalis International
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Megmilk Snow Brand Co.Ltd
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.8 Meiji Holdings Co. Ltd.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Nestle S.A
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Organic Valley
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 The Kraft Heinz Company
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Unilever PLC
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
List of Figures
Figure 1: Global: Dairy Snacks Market: Major Drivers and Challenges
Figure 2: Global: Dairy Snacks Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Dairy Snacks Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Dairy Snacks Market: Breakup by Type (in %), 2023
Figure 5: Global: Dairy Snacks Market: Breakup by Nature (in %), 2023
Figure 6: Global: Dairy Snacks Market: Breakup by Distribution Channel (in %), 2023
Figure 7: Global: Dairy Snacks Market: Breakup by End Use (in %), 2023
Figure 8: Global: Dairy Snacks Market: Breakup by Region (in %), 2023
Figure 9: Global: Dairy Snacks (Cheese) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Dairy Snacks (Cheese) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Dairy Snacks (Yogurt) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Dairy Snacks (Yogurt) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Dairy Snacks (Ice Cream) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Dairy Snacks (Ice Cream) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Dairy Snacks (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Dairy Snacks (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Dairy Snacks (Organic) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Dairy Snacks (Organic) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Dairy Snacks (Conventional) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Dairy Snacks (Conventional) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Dairy Snacks (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Dairy Snacks (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Dairy Snacks (Convenience Stores) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Dairy Snacks (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Dairy Snacks (Specialty Stores) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Dairy Snacks (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Dairy Snacks (Online Stores) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Dairy Snacks (Online Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Dairy Snacks (Other Distribution Channels) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Dairy Snacks (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Dairy Snacks (HoReCa) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Dairy Snacks (HoReCa) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Dairy Snacks (Foods and Beverages Industry) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Dairy Snacks (Foods and Beverages Industry) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: North America: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: North America: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: United States: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: United States: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Canada: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Canada: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: Asia-Pacific: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: Asia-Pacific: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: China: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: China: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Japan: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Japan: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: India: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: India: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: South Korea: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: South Korea: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Australia: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Australia: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Indonesia: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Indonesia: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Others: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Others: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Europe: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Europe: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Germany: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Germany: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: France: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: France: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: United Kingdom: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: United Kingdom: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Italy: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Italy: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Spain: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Spain: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Russia: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Russia: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Others: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Others: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Latin America: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Latin America: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Brazil: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Brazil: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Mexico: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Mexico: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Others: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Others: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Middle East and Africa: Dairy Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Middle East and Africa: Dairy Snacks Market: Breakup by Country (in %), 2023
Figure 83: Middle East and Africa: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: Global: Dairy Snacks Industry: SWOT Analysis
Figure 85: Global: Dairy Snacks Industry: Value Chain Analysis
Figure 86: Global: Dairy Snacks Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Dairy Snacks Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Dairy Snacks Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Dairy Snacks Market Forecast: Breakup by Nature (in Million US$), 2024-2032
Table 4: Global: Dairy Snacks Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
Table 5: Global: Dairy Snacks Market Forecast: Breakup by End Use (in Million US$), 2024-2032
Table 6: Global: Dairy Snacks Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Dairy Snacks Market: Competitive Structure
Table 8: Global: Dairy Snacks Market: Key Players

Companies Mentioned

  • Arla Foods Ingredients Group
  • Dairy Farmers of America Inc.
  • Danone S.A.
  • Fonterra Co-operative Group Limited
  • Friesland Campina
  • Lactalis International
  • Megmilk Snow Brand Co.Ltd
  • Meiji Holdings Co. Ltd.
  • Nestle S.A
  • Organic Valley
  • The Kraft Heinz Company
  • Unilever PLC

Methodology

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Table Information

Report AttributeDetails
No. of Pages148
PublishedSeptember 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 241 Billion
Forecasted Market Value ( USD ) by 2032 $ 385.4 Billion
Compound Annual Growth Rate5.4%
Regions CoveredGlobal
No. of Companies Mentioned12

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About the Dairy Snack Market

The Dairy Snack market is a subset of the larger Dairy Products industry. Dairy Snacks are typically small, single-serve items that are convenient and easy to consume. They are often made with dairy ingredients such as milk, cheese, yogurt, and cream. Dairy Snacks are popular among consumers of all ages, and are often seen as a healthier alternative to other snack foods. Dairy Snacks come in a variety of forms, including bars, bites, and shakes. They are often fortified with vitamins and minerals, and may contain added fiber or protein. Dairy Snacks are widely available in supermarkets, convenience stores, and online retailers. Some of the major companies in the Dairy Snack market include Chobani, Yoplait, Siggi's, and Danone. Other notable players include Hiland Dairy, Cabot Creamery, and Dannon. Show Less Read more

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