Europe Dairy Market Trends

Statistics for the 2023 & 2024 Europe Dairy market trends, created by Mordor Intelligence™ Industry Reports. Europe Dairy trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of europe dairy Industry

The increase in dairy food consumption is attributed to the growing interest in organic and natural dairy products and rising demand for butter-based snacks

  • In 2022, the per capita consumption of dairy in Europe grew by 2.9% compared to 2021. Domestic milk consumption increased due to the COVID-19 outbreak in 2020, which was substantially sustained in 2022. EU consumers have gradually become more interested in consuming milk and other dairy foods produced organically or using other natural techniques as they believe it to be more natural and healthier, such as the "hay milk" produced in Austria and Germany. However, this trend came to a standstill in 2022 due to rising manufacturing costs. By 2025, the per capita consumption of dairy products in Europe is expected to rise by 5.0% from 2023.
  • European consumers are moving toward butter-based snack products like cookies and crunchies. As a result, the import volume of butter has increased. EU27 butter imports recovered in 2022 from a decrease in 2020 and 2021 due to Brexit. Butter imports are projected to level off in 2023 by 1.45%. EU butter imports are practically limited to imports from the United Kingdom. In contrast, EU27 butter imports into the GATT WTO tariff rate quota (TRQ) from New Zealand have been limited after Brexit.
  • With the rising demand for baked foods, including pizza, baked macaroni with mortadella, and other cheese-based products, the demand for cheese is also rising in the region. Cheese imports into EU27 are limited to Switzerland and the United Kingdom. Imports from the United Kingdom decreased in 2021 as UK exporters faced new customs checks after Brexit. EU cheese imports slightly decreased in 2022 due to decreasing imports from Switzerland. They are projected to remain stable in 2023.
Europe Dairy Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • The production increase in Europe can be attributed to improved self-sufficiency in butter production in countries like the United Kingdom and the projected increase in butter exports driven by increasing global demand for European butter
  • The advancements taking place in dairy technologies and bad weather conditions emerged as the major factors impacting milk production in Europe
  • The cheese production in Europe is influenced by milk production and deliveries, farm gate milk prices, domestic consumption trends, input prices, and global demand for cheese

Europe Dairy Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029