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PUBLISHER: IMARC | PRODUCT CODE: 1390765

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PUBLISHER: IMARC | PRODUCT CODE: 1390765

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

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Abstract

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?
Product Code: SR112023A4599

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
Product Code: SR112023A4599

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

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
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