The Italian dairy & soy food sector is expected to grow from EUR18.5 billion ($20 billion) in 2023 to EUR20.7 billion ($22.1 billion) in 2028, at a CAGR of 2.2%. In volume terms, the sector is expected to grow from 3.77 billion kg in 2023 to 3.90 billion kg in 2028, registering a CAGR of 0.7%. Milk is the largest category in value and volume terms. Groupe Lactalis SA, Granarolo S.P.A., and Danone Group, were the top three companies in the Italian dairy & soy food sector.
Scope
- Per capita consumption of dairy & soy food in Italy was higher than regional and global levels in 2023.
- The per capita consumption of milk was higher in Saudi than other dairy & soy food categories in 2023
- Hypermarkets & supermarkets was the leading distribution channel in Italy's dairy & soy food sector, with a value share of 45.9% in 2023
- Almarai accounted for a value share of 28.2% in 2023
Reasons to Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.
Table of Contents
- Report Scope
- Executive Summary
- Market Environment
- Value and Volume Share of Italy in the Global and Western Europe Markets
- Growth Analysis of Italy Compared to Other Leading Countries in the Western Europe Market
- PCC and PCE of Italy Compared to the Global and Western Europe Markets
- Sector Deep Dive
- Italy Dairy & Soy Food Sector Snapshot
- Market Size Analysis
- Cross-Category Comparison - Value Growth Analysis and Category Winners and Losers
- Cross-Category Comparison - Volume Growth Analysis and Category Winners and Losers
- Category Deep Dive
- Per Capita Consumption Analysis by Category
- Market Size Analysis - Category: Butter & Spreadable Fats
- Segment-Level Analysis (in Value Terms) - Butter & Spreadable Fats
- Segment-Level Analysis (in Volume Terms) - Butter & Spreadable Fats
- Market Size Analysis - Category: Cheese
- Segment-Level Analysis (in Value Terms) - Cheese
- Segment-Level Analysis (in Volume Terms) - Cheese
- Market Size Analysis - Category: Cream
- Segment-Level Analysis (in Value Terms) - Cream
- Segment-Level Analysis (in Volume Terms) - Cream
- Market Size Analysis - Category: Dairy-Based & Soy-Based Desserts
- Segment-Level Analysis (in Value Terms) - Dairy-Based & Soy-Based Desserts
- Segment-Level Analysis (in Volume Terms) - Dairy-Based & Soy-Based Desserts
- Market Size Analysis - Category: Drinkable Yogurt
- Segment-Level Analysis (in Value and Volume Terms) - Drinkable Yogurt
- Market Size Analysis - Category: Grain, Nut, Rice, Seed Milk Alternatives
- Segment-Level Analysis (in Value Terms) - Grain, Nut, Rice, Seed Milk Alternatives
- Segment-Level Analysis (in Volume Terms) - Grain, Nut, Rice, Seed Milk Alternatives
- Market Size Analysis - Category: Milk
- Segment-Level Analysis (in Value Terms) - Milk
- Segment-Level Analysis (in Volume Terms) - Milk
- Market Size Analysis - Category: Soymilk & Soy Drinks
- Segment-Level Analysis (in Value and Volume Terms) - Soymilk & Soy Drinks
- Market Size Analysis - Category: Yogurt
- Segment-Level Analysis (in Value and Volume Terms) - Yogurt
- Distribution Analysis
- Channel Share Analysis
- Competitive Environment
- Leading Companies - Value and Volume Shares
- Brand Share Analysis of Top Five Companies
- Brand Share Analysis of Top Five Companies by Category
- Degree of Consolidation/Fragmentation by Category
- Health & Wellness Analysis
- Health & Wellness Analysis by Category
- Health & Wellness Analysis by Product Attributes
- Health & Wellness Analysis by Consumer Benefits
- Cross Category Comparison - Products with H&W Claims Vs. Non-H&W Claims
- Packaging Analysis
- Pack Material Growth Analysis
- Pack Type Growth Analysis
- Closure Type Growth Analysis
- Primary Outer Type Growth Analysis
- Consumergraphics
- Demographic Analysis
- Macroeconomic Analysis
- GDP Growth and Inflation
- Population Growth
- Labor Market Trend
- Economic Summary, Labor Market Trends, and Demographic Trends
- Italy Risk Index (GCRI) 2024
- Italy Risk Analysis - Compared to Global and Western Europe Markets
- Methodology
- Definitions`
- Appendix
- Leading value categories
- Leading categories (volume), 2023
- Cross-category comparison - by value (2018-28)
- Cross-category comparison - by volume (2018-28)
- Per capita consumption (by category), Italy compared to Western Europe and global levels (in kg), 2023
- Segment-level analysis (in value terms) - butter & spreadable fats
- Segment-level analysis (in volume terms) - butter & spreadable fats
- Segment-level analysis (in value terms) - cheese
- Segment-level analysis (in volume terms) - cheese
- Segment-level analysis (in value terms) - cream
- Segment-level analysis (in volume terms) - cream
- Segment-level analysis (in value terms) - dairy-based & soy-based desserts
- Segment-level analysis (in volume terms) - dairy-based & soy-based desserts
- Segment-level analysis (in value terms) - grain, nut, rice, seed milk alternatives
- Segment-level analysis (in volume terms) - grain, nut, rice, seed milk alternatives
- Segment-level analysis (in value terms) - milk
- Segment-level analysis (in volume terms) - milk
- Segment-level analysis (in value terms) - soymilk & soy drinks
- Segment-level analysis (in volume terms) - soymilk & soy drinks
- Segment-level analysis (in value and volume terms) - yogurt
- Change in distribution share, 2018-2023
- Top five companies share by brand (in value and volume terms) in the dairy & soy food sector, 2023
- Brand shares of top five companies (in value and volume terms) by category, 2023
- Category comparison - with H&W claims and non-h&w claims, 2018-28
- Performance overview (score: 1-100)
- Category data, by segment
- Per capita consumption (in kg), 2018-28
- Per capita expenditure ($), 2018-28
- Dairy & soy food sales distribution in Italy - by category (SAR million), 2023
- Brand share (in value and volume terms) in the dairy & soy food sector, 2023
- Brand share (in value and volume terms) in the dairy & soy food sector, by category, 2023
- Key health & wellness product attributes driving sales in Italy, 2018-28
- Key health & wellness consumer benefits driving sales in Italy, 2018-28
- Pack material (in million pack units), 2018-28
- Pack materials by category (in million pack units), 2023
- Pack type (in million pack units), 2018-28
- Pack types by category (in million pack units), 2023
- Closure type (in million pack units), 2018-28
- Closure types by category (in million pack units), 2023
- Primary outer type (in million pack units), 2018-28
- Primary outer types by category (in million pack units), 2023
- Real GDP and annual growth (%), 2020-2028
- Nominal GDP and annual growth (%), 2020-2028
- Consumer price inflation (%), 2020-2028
- Employed people and unemployment rate (%), 2020-2028
- Nominal household final consumption expenditure and annual growth (%), 2020-2028
- Population and annual growth (%), 2020-2028
- Population by age group (%)
- Population by gender (%)
- Population by rural-urban split (%)
- Value and volume shares of Italy in the global and Western Europe dairy & soy food sector, 2023-2026
- Italy compared to the other top countries in terms of market share, growth, and the competitive landscape
- PCC comparison - Italy, Western Europe, and global, 2018-28
- PCE comparison - Italy, Western Europe, and global, 2018-28
- Market size and growth analysis by value and volume, dairy & soy food sector, 2018-28
- Cross-category comparison - value growth analysis and category winners and losers
- Cross-category comparison - volume growth analysis and category winners and losers
- Market size and growth analysis by value and volume, butter & spreadable fats category, 2018-2028
- Market size and growth analysis by value and volume, cheese category, 2018-2028
- Market size and growth analysis by value and volume, cream category, 2018-2028
- Market size and growth analysis by value and volume, dairy-based & soy-based desserts category, 2018-2028
- Market size and growth analysis by value and volume, drinkable yogurt category, 2018-2028
- Market size and growth analysis by value and volume, grain, nut, rice, seed milk alternatives category, 2018-2028
- Market size and growth analysis by value and volume, milk category, 2018-2028
- Market size and growth analysis by value and volume, soymilk & soy drinks category, 2018-2028
- Market size and growth analysis by value and volume, yogurt category, 2018-2028
- Share of key distribution channels (in value terms) - dairy & soy food, 2023
- Key distribution channel share by category (in value terms), 2023
- Leading companies (in value and volume terms) in the dairy & soy food sector, 2023
- Category-wise consolidation/fragmentation (in value terms) - dairy & soy food , 2023
- Prominence of health & wellness claims by category, $ million, 2018-2023
- Contribution of health & wellness by product attributes, $ million, 2018-2023
- Contribution of health & wellness by consumer benefits, $ million, 2018-2023
- Key pack materials in Italy dairy & soy food sector by percentage share of pack units, 2023
- Annual growth rate by key pack material, 2018-28
- Use of pack material by category (in pack units), 2023
- Key pack types in Italy dairy & soy food sector by percentage share of pack units, 2023
- Annual growth rate by key pack type, 2018-28
- Use of pack type by category (in pack units), 2023
- Key closure types in Italy dairy & soy food sector by percentage share of pack units, 2023
- Annual growth rate by key closure type, 2018-28
- Use of closure type by category (in pack units), 2023
- Key primary outer types in Italy dairy & soy food sector by percentage share of pack units, 2023
- Annual growth rate by key primary outer type, 2018-28
- Use of primary outer type by category (in pack units), 2023
- Demographic analysis
- Real GDP (SAR billion) and annual growth (%)
- Nominal GDP (SAR billion) and annual growth (%)
- Consumer price inflation (%)
- Nominal household final consumption expenditure growth (%) in SAR terms
- Population (million) and annual growth (%)
- Population by age group (%)
- Population by gender (%)
- Population by rural-urban split (%)
- Employed people (million) and unemployment rate (%)
- Economic summary, labor market trends, and demographic trends
- Five lowest-risk nations in GCRI Q1 2024
- Five highest-risk nations in GCRI Q1 2024
- Italy’s performance in country risk analysis in comparison to Western Europe and the world
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Groupe Lactalis SA
- Granarolo S.P.A.
- Danone Group
- Mondelēz International
- Inc
- Theo Müller Group
- Valle Grande S.A.
- Nestle
