Europe Dairy Based Beverages Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.85 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Dairy Based Beverages Market Analysis
Europe Dairy Based Beverages Market is projected to register a CAGR of 4.85%, during the forecast period of 2020-2025.
- The consumer demand for convenient and healthy on-the-go snack options is the primary attribute for the sales of dairy snack products all over the world. The changing lifestyle of consumers, involving the consumption of smaller meals, is leading to increased consumption of snacks. Hence, dairy snacks, being the healthier and nutritional option, are witnessing increasing demand.
- Dairy-based snack products are naturally high in calcium content, and hence, are perceived as a nutritional snacking option. The health benefits of probiotic drinks, especially their ability to improve digestion and the immune system, are attracting consumers across all age groups.
- Health and wellness trends have led to the inclination of consumers toward low fat, lactose-free variants, and calcium rich variants of the dairy snacks.
Europe Dairy Based Beverages Market Trends
This section covers the major market trends shaping the Europe Dairy Based Beverages Market according to our research experts:
Rising Awareness for Healthy Snacking
Many people are increasingly looking for a convenient snack that delivers health benefits and that tastes good and offers an enjoyable food experience. The dairy industry is able to offer less processed products for easy eating experiences that go beyond the traditional three - square meal experience. The increased health awareness and consumer willingness to experiment have led to the development of dairy snacks, thus, allowing different products to include cheese, yogurt, butter, buttermilk, ice-cream, and lactose-free milk as ingredients. The nutritious snacks are often eaten between breakfast and lunch, and are often less processed, such as snacking cheese, yogurt, and smoothies, as it contain nutrients, which in turn boosting the market studied growth.
Supermarkets/Hypermarkets holds a Prominent Share in the market studied
Owing to a huge retail space catering to a wide variety of preferences, supermarkets/ hypermarkets are dominant channels for the sales of dairy snacks across the region. Factors, such as business expansion and rising number of hypermarkets and supermarkets, add to the sales of these retail formats and significantly contribute to the market studied. The increasing market share of the supermarkets/ hypermarkets segment has, in turn, increased the demand for purchasing products in bulk, as customers want to make fewer trips to the store and receive more value for their money. This has, in turn, increased the sales of dairy snacks across the region.
Europe Dairy Based Beverages Industry Overview
The key players are embarking on mergers and acquisitions as one of their key strategies to achieve consolidation and optimize their offerings. Moreover, these players merge with local players to gain dominance in the local markets. Some of the major players in thte market studied are Nestle SA, Danone Groupe SA, FrieslandCampina, Arla Foods amba among others.
Europe Dairy Based Beverages Market Leaders
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Nestle SA
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Danone Groupe SA
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FrieslandCampina.
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SODIAAL
*Disclaimer: Major Players sorted in no particular order
Europe Dairy Based Beverages Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Type
- 5.1.1 Milk
- 5.1.2 Yogurt
- 5.1.3 Kefir
- 5.1.4 Others
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5.2 By Category
- 5.2.1 Flavoured drink
- 5.2.2 Unflavored drink
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5.3 By Distibution Channel
- 5.3.1 Supermarkets/hypermarkets
- 5.3.2 Convenience stores
- 5.3.3 Specialty Stores
- 5.3.4 Online Channels
- 5.3.5 Others
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5.4 By Geography
- 5.4.1 United Kingdom
- 5.4.2 Germany
- 5.4.3 France
- 5.4.4 Russia
- 5.4.5 Italy
- 5.4.6 Spain
- 5.4.7 Rest of Europe
6. COMPETITIVE LANDSCAPE
- 6.1 Most Active Companies
- 6.2 Most Adopted Strategies
- 6.3 Market Share Analysis
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6.4 Company Profiles
- 6.4.1 Nestle SA
- 6.4.2 Danone Groupe SA
- 6.4.3 Chobani, LLC.
- 6.4.4 FrieslandCampina.
- 6.4.5 Arla Foods amba
- 6.4.6 SODIAAL
- 6.4.7 Ornua Co-operative Limited
- 6.4.8 Lactalis International
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Europe Dairy Based Beverages Industry Segmentation
Europe dairy based beverages market is segmented by type, category, distribution channel, and geography. On the basis of type, the market is segmented into milk, yogurt, kefir, and others. On the basis category, the market is segmented into flavoured and unflavoured drinks. Based on distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, specialty stores, online channels, and others. Based on geography the report provides a regional analysis, which includes United Kingdome, Germany, Italy, France, Spain, Russia, and Rest of Europe.
By Type | Milk |
Yogurt | |
Kefir | |
Others | |
By Category | Flavoured drink |
Unflavored drink | |
By Distibution Channel | Supermarkets/hypermarkets |
Convenience stores | |
Specialty Stores | |
Online Channels | |
Others | |
By Geography | United Kingdom |
Germany | |
France | |
Russia | |
Italy | |
Spain | |
Rest of Europe |
Europe Dairy Based Beverages Market Research FAQs
What is the current Europe Dairy Based Beverages Market size?
The Europe Dairy Based Beverages Market is projected to register a CAGR of 4.85% during the forecast period (2024-2029)
Who are the key players in Europe Dairy Based Beverages Market?
Nestle SA, Danone Groupe SA, FrieslandCampina. and SODIAAL are the major companies operating in the Europe Dairy Based Beverages Market.
What years does this Europe Dairy Based Beverages Market cover?
The report covers the Europe Dairy Based Beverages Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Dairy Based Beverages Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Dairy Based Beverages Industry Report
Statistics for the 2024 Europe Dairy Based Beverages market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Dairy Based Beverages analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.