According to the report, the Europe dairy market reached a value of D 165 billion in 2022. Aided by the increasing demand for dairy products, the market is projected to grow at a CAGR of 1.2% between 2023 and 2028, reaching a value of USD 177.17 billion by 2028.
Dairy products are an important part of a balanced diet and are necessary for meeting daily nutritional needs. These products - which range from butter and cheese to milk powder and yoghurt to even ice cream - are manufactured from milk that is obtained from cows, goats, and other animals that are related to them. They are a significant source of vitamins, iodine, calcium, protein, and other essential nutrients.
The dairy market is one of the oldest and largest industries in Europe, contributing significantly to the region's economy. The Europe dairy market is driven by the increasing demand for dairy products, rising health awareness, and the popularity of plant-based dairy alternatives. The market is further expected to continue to grow during the forecast period as a result of the growing acceptance of e-commerce platforms.
Common dairy products are increasingly in demand due to their positive health and nutritional effects. The Europe dairy market demand is being boosted by factors such as a growing population, easy access to dairy animals, and a climate that is favourable for dairy production.
The Europe dairy market is also being influenced by the growing demand for dairy products in the foodservice sector. Restaurants, cafes, and bakeries are incorporating dairy products into various dishes and beverages, owing to their versatility, taste, and nutritional benefits. This has led to an increased demand for dairy products from the foodservice industry, further propelling the growth of the market.
Moreover, the growing trend of on-the-go snacking and the increasing demand for functional foods are contributing to the Europe dairy market growth. Dairy products, such as yogurt and cheese, are popular snack options due to their convenience and nutritional benefits. Manufacturers are launching innovative dairy-based snacks and beverages that are enriched with probiotics, prebiotics, and other functional ingredients, which cater to the growing demand for healthy and convenient food options among busy consumers in the region.
Dairy products are an important part of a balanced diet and are necessary for meeting daily nutritional needs. These products - which range from butter and cheese to milk powder and yoghurt to even ice cream - are manufactured from milk that is obtained from cows, goats, and other animals that are related to them. They are a significant source of vitamins, iodine, calcium, protein, and other essential nutrients.
The dairy market is one of the oldest and largest industries in Europe, contributing significantly to the region's economy. The Europe dairy market is driven by the increasing demand for dairy products, rising health awareness, and the popularity of plant-based dairy alternatives. The market is further expected to continue to grow during the forecast period as a result of the growing acceptance of e-commerce platforms.
Common dairy products are increasingly in demand due to their positive health and nutritional effects. The Europe dairy market demand is being boosted by factors such as a growing population, easy access to dairy animals, and a climate that is favourable for dairy production.
The Europe dairy market is also being influenced by the growing demand for dairy products in the foodservice sector. Restaurants, cafes, and bakeries are incorporating dairy products into various dishes and beverages, owing to their versatility, taste, and nutritional benefits. This has led to an increased demand for dairy products from the foodservice industry, further propelling the growth of the market.
Moreover, the growing trend of on-the-go snacking and the increasing demand for functional foods are contributing to the Europe dairy market growth. Dairy products, such as yogurt and cheese, are popular snack options due to their convenience and nutritional benefits. Manufacturers are launching innovative dairy-based snacks and beverages that are enriched with probiotics, prebiotics, and other functional ingredients, which cater to the growing demand for healthy and convenient food options among busy consumers in the region.
Market Segmentation
The market can be divided based on product and country.Market Breakup by Product
- Fluid Milk/UHT Milk/ 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
- Probiotic Dairy Products
- Others
Market Breakup by Country
- Germany
- France
- United Kingdom
- Italy
- Spain
- Netherlands
- Others
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the Europe dairy companies. Some of the major key players explored in the report are as follows:- Nestlé S.A
- Danone SA
- Groupe Lactalis S.A
- Royal FrieslandCampina N.V
- Arla Foods amba
- Unilever PLC
- DMK Deutsches Milchkontor GmbH
- Sodiaal International SA
- Savencia SA
- Müller Group
- Others
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions7 Industry Opportunities and Challenges13 Value Chain Analysis19 Industry Events and DevelopmentsAdditional Customisations Available1. Manufacturing Process of Any Mentioned Dairy Product2. Cost Analysis of Any of the Mentioned Dairy Product
3 Report Description
5 Executive Summary
6 Snapshot
8 Global Dairy Market Overview
9 Europe Raw Milk Market Overview
10 Europe Dairy Market Analysis
11 Regional Analysis
12 Market Dynamics
14 Trade Data Analysis
15 Competitive Landscape
Companies Mentioned
- Nestlé S.A.
- Danone SA
- Groupe Lactalis S.A.
- Royal FrieslandCampina N.V.
- Arla Foods amba
- Unilever PLC
- DMK Deutsches Milchkontor GmbH
- Sodiaal International SA.
- Savencia SA
- Müller Group
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 118 |
| Published | March 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value ( USD | $ 167 Billion |
| Forecasted Market Value ( USD | $ 177.17 Billion |
| Compound Annual Growth Rate | 1.2% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 10 |
