Dairy Snacks Market Size, Growth, Demand and Forecast till 2022-2027

Author: Elena Anderson

Marketing Manager

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Global Dairy Snacks Market Research Report 2022-2027:

According to the latest report by IMARC Group, titled " Dairy Snacks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2 027

," the global dairy snacks market reached a value of US$ 214.8 Billion in 2021. snacks are small meals that are predominantly made up of milk. These snacks are rich in essential nutrients, such as calcium, magnesium, selenium, riboflavin, pantothenic acid, and vitamin B12 and B5. As the prominence of plant-based diets continues to grow, dairy snacks are evolving to fit the needs of consumers that are looking for healthier options. These snacks are not only a delicious way to enjoy a snack, but they also offer multiple health benefits. A majority of these products are essential for growth as they help meet the daily recommended intake of vitamins and minerals. We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Global Dairy Snacks Market Trends:

The global market is primarily driven by the increasing consumption of ready-to-eat (RTE) milk products. In line with this, various dairy snacks, such as ice creams, cheese, and yogurts, are continuously witnessing a considerable demand among the young population, which, in turn, is contributing to the market expansion. This has also led to offering growth opportunities for manufacturers to introduce innovative dairy products, including variants with powdered ingredients for a longer shelf life. Furthermore, rapid innovations in manufacturing practices, such as the development of soy milk and gluten-free products, are creating a positive outlook for the market. Apart from this, the rising demand for a protein-rich diet due to the growing health consciousness among consumers is positively influencing the product demand. Moreover, the escalating popularity of craft and artisanal cheese products due to their nutritional content is catalyzing the growth of the market. Besides this, the easy availability of dairy snacks through various distribution channels is favoring the market growth. Additionally, rapid urbanization and the growing demand for protein-fortified foods and beverages are strengthening the market.

On account of the aforementioned factors, the market is anticipated to reach a value of US$ 302.5 Billion by 2027, exhibiting a CAGR of 6% during 2022-2027.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/dairy-snacks-market

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Key Market Segmentation

The research report includes the following segments:

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

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Breakup by End Use:

• HoReCa

• Foods and Beverages Industry

Breakup by Region:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

Competitive Landscape with Key Players:

• Arla Foods Ingredients Group

• Dairy Farmers of America Inc.

• Danone S.A.

• Fonterra Co-operative Group Limited

• Friesland Campina

• Lactalis International

• Megilk Snow Brand Co.Ltd

• Meiji Holdings Co. Ltd.

• Nestle S.A.

• Organic Valley

• The Kraft Heinz Company Unilever PLC.

1. How has the global dairy snacks market performed so far and how will it perform in the coming years?

2. What has been the impact of COVID-19 on the global dairy snacks market?

3. What are the key regional markets?

4. What is the breakup of the market based on the type?

5. What is the breakup of the market based on the nature?

6. What is the breakup of the market based on the distribution channel?

7. What is the breakup of the market based on the end use?

8. What are the various stages in the value chain of the industry?

9. What are the key driving factors and challenges in the industry?

10. What is the structure of the global dairy snacks market and who are the key players?

11. What is the degree of competition in the industry?

Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/dairy-snacks-market/toc

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