Europe Dairy Market
The Europe dairy market is expected to reach USD 411.61 billion by 2031 from USD 263.18 billion in 2023, growing with a substantial CAGR of 6.3% during the forecast period of 2024 to 2031.
Europe Dairy Market, By Product Type (Milk, Cheese, Butter, Yogurt, Dairy Desert, and Others), Brand Category (Branded and Private Label), Distribution Channel (Store-Based Retailing and Non-Store Retailing), By Countries (Germany, France, U.K., Russia, Netherlands, Italy, Poland, Denmark, Spain, Sweden, Belgium, Switzerland, Turkey, Rest of Europe)– Industry Trends and Forecast to 2031
Overview of Europe Dairy Market Dynamics:
Drivers
• Rising consumer demand for nutrient- rich diets
• Increasing popularity of organic and clean label dairy products
• Expanding distribution networks and retail channels
• Increased investments in dairy infrastructure
Restrains
• Increasing prevalence of lactose intolerance and dairy allergies
• High volatility of milk and other raw material price and their availability
Opportunities
• Technological advancements in dairy farming and processing
• Rising innovations and new product launches in functional and nutrient enriched dairy products
Challenges
• Stringent standards and regulations for dairy products
• Increasing competition from plant- based dairy alternatives
Market Players:
The key market players operating in the Europe dairy market are listed below:
• DMK GROUP
• Dairy Farmers of America, Inc.
• Nestlé
• SAVENCIA SA
• Glanbia plc
• The Coca‑Cola Company
• Yeo Valley Organic Limited
• Arla Foods amba
• Parmalat S.p.A. (A subsidiary of LACTALIS)
• Dana Dairy
• Sodiaal
• Milcobel CV
• Unilever
• Danone
• Unternehmensgruppe
• Theo Müller
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