The global Dairy Snack market size is expected to grow at a CAGR of 4.2% during the forecast period, from 2021-2028. The market size was valued at USD 9,343 million in 2018 and is expected to reach USD 11,636 million by 2028. Dairy Snacks are a processed food product that is usually made from milk or dairy products. Dietetic foods with little to no added sugars and fats, also known as "healthy snacks" can also be classified under this category. These types of products have become an important part of people's diets due to the convenience they offer.
On the basis of types, the market is segmented into Cheese, Yogurt, Butter, Buttermilk, ice cream, lactose-free milk, and others. The cheese segment has the largest share in terms of revenue contribution.
Cheese is a processed food product made from the milk of cows, goats, or sheep. It may be solid when chilled and hard as curd cheese, semi-solid like cream cheese, soft like Brie with surface mold, fruit jelly, or vegetable paste Brulee on top.
Yogurt is a dairy product, fermented milk. It has been eaten for thousands of years and may have originated from ancient Middle Eastern or Indian cultures.
Butter is a dairy product that was traditionally made from cream but can also be made from milk. Butter has been manufactured in Europe since the Second World War and it is mostly produced by churning fresh or fermented cream or unsalted butter to remove the water (i.e., buttermilk).
Buttermilk is a type of dairy product made from milk that has been cultured with lactic acid bacteria, usually those belonging to the genus Lactobacillus. Like yogurt and sour cream, it can be consumed by itself or as an ingredient in other dishes (e.g., dressing).
Ice cream is a sweetened frozen dairy product. Typically, it consists of milk and sugar combined with various flavorings such as vanilla or chocolate extracts. It can also contain eggs, corn syrup, natural or artificial flavors, gelatins (e.g., pectin), vegetable oils (e.g., palm oil), emulsifiers.
Lactose-free milk is a type of dairy product made from cow's milk that has been processed to remove lactose. It contains reduced levels of galactose and glucose, which are broken down by bacteria in the colon into lactic acid - reducing symptoms for those who suffer from lactose intolerance (i.e., allergy).
On the basis of application, the market is segmented into HoReCa, beverage industry, and food industry.
Dairy snacks are used in HoReCa to add flavor to the dishes. In the HoReCa segment, dairy snacks are mainly consumed in bars as appetizers or at restaurants for dessert purposes.
Dairy snacks are utilized in the beverage industry as an addition to yogurt-based beverages, such as smoothies and frappes. Dairy products can also be used for making ice cream, sodas, or other types of milkshakes.
Dairy snacks are used in the food industry as a preservative and to add flavor. Dairy products can be utilized for making various types of cheese, butter, ice cream toppings, dairy sauces, etc.
On the basis of region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is the biggest market for dairy snacks followed by Europe owing to the high adoption of these products in countries such as Canada and the USA. Dairy products are gaining popularity due to the benefits they offer, such as high calcium content and low cholesterol. Moreover, these dairy snacks help in weight management owing to their lower fat content when compared with other types of food items. The North American region has a higher adoption rate for dairy snacks than any other country.
Up Market Research published a new report titled “Dairy Snack Market research report which is segmented by Types (Cheese, Yogurt, Butter, Buttermilk, Ice Cream, Lactose-Free Milk, Others), By Applications (HoReCa, Beverage Industry, Food Industry), By Players/Companies Nestle, Danone, Dairy Farmers, Kraft Foods, Unilever, Amul, Breyers, Dean Foods, Fonterra, Groupe Lactalis, Megmilk Snow Brand, Meiji Dairies, Parmalat, Organic Valley, Arla Foods, Blue Bell Creameries, Friesland Campina, Sancor”.
|Report Attributes||Report Details|
|Report Title||Dairy Snack Market Research Report|
|By Type||Cheese, Yogurt, Butter, Buttermilk, Ice Cream, Lactose-Free Milk, Others|
|By Application||HoReCa, Beverage Industry, Food Industry|
|By Companies||Nestle, Danone, Dairy Farmers, Kraft Foods, Unilever, Amul, Breyers, Dean Foods, Fonterra, Groupe Lactalis, Megmilk Snow Brand, Meiji Dairies, Parmalat, Organic Valley, Arla Foods, Blue Bell Creameries, Friesland Campina, Sancor|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||208|
|Number of Tables & Figures||146|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Cheese, Yogurt, Butter, Buttermilk, Ice Cream, Lactose-Free Milk, Others and By Application HoReCa, Beverage Industry, Food Industry.
Some of the companies that are profiled in this report are:
Dairy Snack Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Dairy Snack Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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