Europe Dairy Snacks Market

Europe Dairy Snacks Market  Size and Growth Analysis

Europe Dairy Snacks Market was worth USD XX billion in 2021 and estimated to be growing at a CAGR of XX%, to reach USD XX billion by 2027

Europe Dairy Snacks Market Overview:

These types of snacks are consumed directly or added to other food products. Snacks are prepared in a variety of forms including packaged snack products and other processed products as well as items made from fresh ingredients made at home. Traditionally, snacks are made from the ingredients available at home. Dairy snacks are made from milk or are the by-products of other milk products like buttermilk which is a by-product of butter making process. Dairy snacks constitute about 15% of the total snack products. Primary factors accounted for driving the market are increasing disposable income, the introduction of various flavors attracting all categories of consumers, a gradual shift of consumers towards dairy products, and product innovation creating sugar-free as well as no lactose-free variants. However, stringent government regulations increasing lactose intolerance are the factors hindering the growth of market.

Europe Dairy Snacks Market Segmentation:

The Europe market for Dairy Snacks is segmented based on

• Type

• Taste

• Distribution Channel

Based on Type it is divided into

• Cheese

• Yogurt

• Butter

• Buttermilk

• Ice cream

• Lactose-Free Milk

Non Based on Taste it is segmented as Sweet and Sour. Based on Distribution Channel it is divided into Supermarkets, Convenience Stores, Grocery Stores, Online, and Others.

Europe Dairy Snacks Market geographical Analysis

Based on geographical analysis, the market is divided into regions of

1. U.K.

2. Germany

3. France

4. Italy

5. Spain

The U.K. holds the major share in the market due to the presence of market leaders as well as a large population of Dairy Snacks consuming individuals. Germany is the fastest-growing region due to increasing demand and product innovation and increasing disposable income. Ice Creams are the widespread dairy snack product in terms of both volume as well as market share due to universal love for ice creams while yogurt snack products are the fastest-growing due to increasing consumer preference for probiotic and prebiotic yogurt drinks and flavored yogurt. Based on Distribution channel supermarkets hold the major share in the market while online retails are expected to grow the fastest.

Europe Dairy Snacks Market key players

dominating this market include

• Amul

• Arla Foods UK Plc.

• Blue Bell Creameries

• Breyers

• Dairy Farmers of America Inc.

• Danone

• Dean Foods Company

• Nestsle SA

• Fonterra Group Cooperative Limited

• Kraft Foods and Unilever