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Dairy Snacks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

November 2023 | 139 pages | ID: D29B2E21B5D9EN
IMARC Group

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The global dairy snacks market size reached US$ 227.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 321.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.95% during 2022-2028.

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:
IMARC Group 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 2023-2028. Our 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 2022?
2. What is the expected growth rate of the global dairy snacks market during 2023-2028?
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?
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 TABLES

Table 1: Global: Dairy Snacks Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Dairy Snacks Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Dairy Snacks Market Forecast: Breakup by Nature (in Million US$), 2023-2028
Table 4: Global: Dairy Snacks Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 5: Global: Dairy Snacks Market Forecast: Breakup by End Use (in Million US$), 2023-2028
Table 6: Global: Dairy Snacks Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Dairy Snacks Market: Competitive Structure
Table 8: Global: Dairy Snacks Market: Key Players

LIST OF FIGURES

Figure 1: Global: Dairy Snacks Market: Major Drivers and Challenges
Figure 2: Global: Dairy Snacks Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Dairy Snacks Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Dairy Snacks Market: Breakup by Type (in %), 2022
Figure 5: Global: Dairy Snacks Market: Breakup by Nature (in %), 2022
Figure 6: Global: Dairy Snacks Market: Breakup by Distribution Channel (in %), 2022
Figure 7: Global: Dairy Snacks Market: Breakup by End Use (in %), 2022
Figure 8: Global: Dairy Snacks Market: Breakup by Region (in %), 2022
Figure 9: Global: Dairy Snacks (Cheese) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Dairy Snacks (Cheese) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Dairy Snacks (Yogurt) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Dairy Snacks (Yogurt) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Dairy Snacks (Ice Cream) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Dairy Snacks (Ice Cream) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Dairy Snacks (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Dairy Snacks (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Dairy Snacks (Organic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Dairy Snacks (Organic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Dairy Snacks (Conventional) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Dairy Snacks (Conventional) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Dairy Snacks (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Dairy Snacks (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Dairy Snacks (Convenience Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Dairy Snacks (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Dairy Snacks (Specialty Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Dairy Snacks (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Dairy Snacks (Online Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Dairy Snacks (Online Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Dairy Snacks (Other Distribution Channels) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Dairy Snacks (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Dairy Snacks (HoReCa) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Dairy Snacks (HoReCa) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Dairy Snacks (Foods and Beverages Industry) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Dairy Snacks (Foods and Beverages Industry) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: North America: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: North America: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: United States: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: United States: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Canada: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Canada: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Asia-Pacific: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Asia-Pacific: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: China: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: China: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Japan: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Japan: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: India: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: India: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: South Korea: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: South Korea: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Australia: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Australia: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Indonesia: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Indonesia: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Others: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Others: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Europe: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Europe: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Germany: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Germany: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: France: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: France: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: United Kingdom: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: United Kingdom: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Italy: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Italy: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Spain: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Spain: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Russia: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Russia: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Others: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Others: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Latin America: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Latin America: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Brazil: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Brazil: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Mexico: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Mexico: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Others: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Others: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Middle East and Africa: Dairy Snacks Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Middle East and Africa: Dairy Snacks Market: Breakup by Country (in %), 2022
Figure 83: Middle East and Africa: Dairy Snacks Market Forecast: Sales Value (in Million US$), 2023-2028
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


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