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Europe Dairy Based Beverages Market Size (2024 - 2029)

The Europe Dairy Based Beverages Market is experiencing growth driven by increasing consumer demand for convenient and healthy snack options. This trend is fueled by changing lifestyles that favor smaller meal consumption, leading to a rise in the popularity of dairy snacks due to their nutritional benefits, such as high calcium content. Additionally, the health benefits associated with probiotic drinks, including improved digestion and immune support, are attracting a diverse consumer base. The market is further influenced by a shift towards low fat, lactose-free, and calcium-rich dairy snack variants, reflecting broader health and wellness trends.

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Market Size of Europe Dairy Based Beverages Industry

Europe Dairy Based Beverages Market Summary
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

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*Disclaimer: Major Players sorted in no particular order

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 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
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Europe Dairy Based Beverages Market Size Summary

The Europe dairy-based beverages market is experiencing a notable growth trajectory, driven by evolving consumer preferences for convenient and nutritious snack options. As lifestyles shift towards smaller, more frequent meals, dairy snacks are gaining popularity due to their health benefits and nutritional value, particularly their high calcium content. Probiotic drinks, known for enhancing digestion and boosting the immune system, are appealing to a broad demographic. The trend towards health and wellness is further influencing consumer choices, with a growing demand for low-fat, lactose-free, and calcium-rich dairy products. This shift is fostering innovation within the industry, leading to the development of a diverse range of dairy snacks, including cheese, yogurt, butter, buttermilk, ice cream, and lactose-free milk, which are increasingly consumed as between-meal snacks.

The retail landscape plays a significant role in the expansion of the dairy-based beverages market, with supermarkets and hypermarkets serving as the primary sales channels. These retail formats are expanding, offering a wide variety of dairy snacks and catering to consumer preferences for bulk purchasing, which enhances convenience and value. The market is further characterized by strategic mergers and acquisitions among key players, such as Nestle SA, Danone Groupe SA, FrieslandCampina, and Arla Foods amba, aiming to consolidate their market presence and optimize product offerings. These strategies, coupled with the increasing health awareness and consumer willingness to explore new products, are contributing to the robust growth of the dairy-based beverages market in Europe.

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Europe Dairy Based Beverages Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 Milk

      2. 2.1.2 Yogurt

      3. 2.1.3 Kefir

      4. 2.1.4 Others

    2. 2.2 By Category

      1. 2.2.1 Flavoured drink

      2. 2.2.2 Unflavored drink

    3. 2.3 By Distibution Channel

      1. 2.3.1 Supermarkets/hypermarkets

      2. 2.3.2 Convenience stores

      3. 2.3.3 Specialty Stores

      4. 2.3.4 Online Channels

      5. 2.3.5 Others

    4. 2.4 By Geography

      1. 2.4.1 United Kingdom

      2. 2.4.2 Germany

      3. 2.4.3 France

      4. 2.4.4 Russia

      5. 2.4.5 Italy

      6. 2.4.6 Spain

      7. 2.4.7 Rest of Europe

Europe Dairy Based Beverages Market Size FAQs

The Europe Dairy Based Beverages Market is projected to register a CAGR of 4.85% during the forecast period (2024-2029)

Nestle SA, Danone Groupe SA, FrieslandCampina. and SODIAAL are the major companies operating in the Europe Dairy Based Beverages Market.

Europe Dairy Based Beverages Report Snapshots

Europe Dairy Based Beverages Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)