According to a new report by Expert Market Research titled, “Europe Dairy Market Share, Size, Report and Forecast 2024-2032″, the Europe dairy market size grew significantly in 2023. Aided by the burgeoning demand for nutrition-packed dairy products and the extensive array of dairy applications in the gastronomic domain, the market is projected to further grow at a CAGR of 1.4% between 2024 and 2032.
Dairy has been deeply integrated into European culinary and dietary traditions for centuries, with products like cheese, yoghurt, and milk being staples in most households. Europe is home to numerous indigenous dairy products, underscoring the continent’s rich dairy heritage. With increasing consumer demand for nutritionally-rich foods, dairy products, renowned for their calcium and protein content, have seen substantial growth.
One of the key drivers behind Europe dairy market growth is the rising consumer preference for organic and natural products. As people become more health-conscious, there is a distinct shift towards unprocessed, preservative-free dairy products. This trend is particularly pronounced in Western European countries like Germany, France, and the UK, where organic dairy farms and markets have witnessed exponential growth.
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Furthermore, the rise in fitness and wellness trends across Europe has escalated the demand for dairy-based protein supplements. This has given rise to a plethora of innovative products such as high-protein yoghurts, kefir, and other fermented products. Europe dairy market analysis suggest that the European athletes and fitness aficionados are increasingly incorporating these dairy-derived proteins into their diets, acknowledging their benefits for muscle growth, tissue repair, and general health.
Dairy’s versatility has not just been confined to food; its application spans multiple industries, which is further bolstering the Europe dairy market demand. For instance, the cosmetic industry in Europe leverages milk derivatives for their hydrating and skin-nourishing properties. Lactic acid, derived from milk, is commonly found in skincare products as an exfoliant. Similarly, milk fats and proteins are key ingredients in many moisturisers and hair care products.
However, parallel to the rise of the dairy industry, there’s a burgeoning demand for dairy alternatives driven by dietary preferences, lactose intolerance, and ethical choices. Veganism and plant-based diets are gaining traction in Europe, leading to a surge in demand for almond, soy, and oat milk, among others. While this could be perceived as competition, the dairy industry has responded with innovation. These innovations are likely to influence the Europe dairy market outlook in the forecast period.
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Market Segmentation
The market can be divided based on product and country.
Market Breakup by Product
• Fluid/UHT/Flavoured Milk
• Cream
• Butter
• Anhydrous Milk Fat (AMF)
• Skimmed Milk Powder/Non-Fat Dry Milk
• Whole Milk Powder
• Whey Protein (Powder and Concentrate)
• Lactose
• Casein
• Cheese
• Yoghurt
• Ice-Cream
• Probiotic Dairy Products
• Others
Market Breakup by Country
• Germany
• United Kingdom
• France
• Italy
• Spain
• Netherlands
• Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Europe dairy market. Some of the major players explored in the report by Expert Market Research are as follows:
• Nestlé S.A.
• Danone SA
• Groupe Lactalis S.A.
• Royal FrieslandCampina N.V.
• Arla Foods amba
• Unilever PLC
• DMK Deutsches Milchkontor GmbH
• Sodiaal International SA.
• Savencia SA
• Müller Group
• Others
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