Europe Dairy Based Beverages Market Growth & Forecast [2031]

Europe Dairy Based Beverages Market Growth & Forecast [2031]

Segments - Europe Dairy Based Beverages Market by Types (Kefir, Yogurt, Milk, and Others), Categories (Unflavored Drink and Flavored Drink), Distribution Channels (Online Channels, Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, and Others), and Geography (the UK, Germany, Italy, France, the Netherlands, Spain, and Rest of Europe) - Europe Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Anuradha B. More
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Fact-checked by : Vaibhav Chandola
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Editor : Shruti Bhat

Upcoming | Report ID :FB-2755 | 4.8 Rating | 60 Reviews | 182 Pages | Format : PDF Excel PPT

Report Description


The Europe Dairy Based Beverages Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 4.85% during the forecast period, 2023 – 2031. The growth of the market is attributed to the growing consumer demand for convenient and healthy dairy products.

A beverage can be defined as a nourishing pleasant drink. The beverages can be either alcoholic or non-alcoholic. Most of the diary based beverages are non-alcoholic although some of the fermented beverages may contain minimal quantity of carbon dioxide or alcohol. Milk beverages are generally produced from milk byproducts such as skim milk and buttermilk. The byproducts of milk are rich in valuable milk solids due to which greater emphasis is being given to the economic utilization of dairy industry.

Europe Dairy Based Beverages Market Outlook

The dairy based beverages broadly include flavored drinks and unflavored drinks. The popular flavored drinks include chocolate milk, coffee milk, horlicks, malted milk, milkshake, and nesquik. Milk beverage contains low cholesterol and saturated fats. Dairy based drinks are added with nutritive components such as calcium, omega 3, fiber, and protein. Fortification of milk beverages with vitamins and minerals enhance their nutritional value compared to other beverages. The increasing medical cost and rising health awareness is accelerating people to adopt preventive measures and maintain good health. Therefore, the growing trend of fitness and awareness regarding quality food products are accelerating the production and sales of dairy based beverages.

  • Growing consumer interest for immunity-enhancing beverages, protein shakes, and energy drinks is the major factor propelling the market expansion during the projected period.

  • Rising trend of healthy lifestyle, increasing the disposable income of the consumers, and growing health awareness are estimated to contribute to the market expansion during the forecast period.

  • High nutritional value of dairy based products is estimated to positively influence the market growth in the coming years.

  • Rising demand for non-dairy based drinks due to lactose intolerance and some other allergies is expected to hamper the market growth during the forecast period.

  • Increasing industrial investments for manufacturing of vitamins and minerals enriched beverages is expected to create numerous opportunities for the market growth in the coming years.

Scope of the Report

The report on the Europe dairy based beverages market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Europe Dairy Based Beverages Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Kefir, Yogurt, Milk, and Others), Categories (Unflavored Drink and Flavored Drink), and Distribution Channels (Online Channels, Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, and Others)

Geographical Scope

The UK, Germany, Italy, France, the Netherlands, Spain, and Rest of Europe

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Danone Groupe SA; FrieslandCampina.; Nestle SA; and SODIAAL

 

Europe Dairy Based Beverages Market Segment Insights

Milk segment is projected to expand at a robust CAGR

Based on types, the market is segregated into kefir, yogurt, milk, and others. The milk segment is projected to expand at a robust CAGR during the forecast period owing to the increasing awareness about nutritional and functional properties of milk and rising demand for probiotic drinks by health-conscious consumers. Milk beverages contain reduced cholesterol and saturated fats. The increasing fortification of milk beverages with nutritive components such as omega 3, magnesium, calcium, antioxidants, fiber, and proteins is expected to encourage the growth of the market segment. However, the yoghurt segment is anticipated to hold a significant market share during the forecast period due to the increasing industrial investments for the production of low-fat yogurt drink.

Europe Dairy Based Beverages Market Types

Flavored drink segment is expected to expand at a significant pace

On the basis of categories, the market is segmented into unflavored drink and flavored drink. The flavored drink segment is expected to expand at a significant pace during the projected period due to increasing technological advancements for flavor processing, the rising consumers demand for clean-label organic products, and growing demand for variety of flavored drinks. Moreover, the increasing fortification of products and availability of multiple flavors is expected to aid in the growth of the market segment in the coming years. On the other hand, the unflavored drink segment is anticipated to exhibit a substantial growth during the forecast period owing to increasing new product launches to meet the demand for unflavored beverages.

Supermarkets/Hypermarkets segment is projected to hold a major market share

Based on distribution channels, the market is divided into online channels, supermarkets/hypermarkets, specialty stores, convenience stores, and others. The supermarkets/hypermarkets segment is projected to hold a major market share during the forecast period owing to the rising middle-class population, increasing disposable income, and growing demand for processed foods. Furthermore, the customers are shifting from daily shopping to weekly or monthly shopping due to increased store capacity and consequent increasing sales of supermarkets/hypermarket is estimated to fuel the growth of the market in the coming years. However, the convenience stores segment is anticipated to exhibit a substantial growth during the projected period owing to added value services such as pre-paid electricity, in-house food brands, airtime, quick and healthy food on the run, and home delivery services for daily essentials.

Germany market is anticipated to constitute a key market share

In terms of geography, the market is classified as the UK, Germany, Italy, France, the Netherlands, Spain, and Rest of Europe. Germany market is anticipated to constitute a key share of the market during the projected period owing to the growing health awareness, increasing demand for health and wellness products. Moreover, the rising domestic demand for beverages made from milk and yoghurt is expected to boost the market growth in the coming years. However, the France market is anticipated to exhibit a robust CAGR during the forecast period due to growing demand for dairy products including organic yogurt, ice cream, cheese, probiotic dairy products, and flavored milk owing to its high nutritional values.

Segments

The Europe dairy based beverages market has been segmented on the basis of

Types

  • Kefir
  • Yogurt
  • Milk
  • Others

Categories

  • Unflavored Drink
  • Flavored Drink

Distribution Channels

  • Online Channels
  • Supermarkets/Hypermarkets
  • Specialty Stores
  • Convenience Stores
  • Others

Geography

  • The UK
  • Germany
  • Italy
  • France
  • Netherlands
  • Spain
  • Rest of Europe

Key Players

  • Danone Groupe SA
  • FrieslandCampina.
  • Nestle SA
  • SODIAAL

Competitive Landscape

Key players competing in the Europe dairy based beverages market are Danone Groupe SA; FrieslandCampina.; Nestle SA; and SODIAAL. Companies are focusing on marketing strategies, merger, acquisition, expansions, and long-term partnerships with other industry players for product launches with healthier ingredients and food supplements to expand their market share.

Europe Dairy Based Beverages Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Dairy Based Beverages Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Dairy Based Beverages Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Dairy Based Beverages Market - Supply Chain
  4.5. Global Dairy Based Beverages Market Forecast
     4.5.1. Dairy Based Beverages Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Dairy Based Beverages Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Dairy Based Beverages Market Absolute $ Opportunity
5. Global Dairy Based Beverages Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Dairy Based Beverages Market Size and Volume Forecast by Types
     5.3.1. Kefir
     5.3.2. Yogurt
     5.3.3. Milk
     5.3.4. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Dairy Based Beverages Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Dairy Based Beverages Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Dairy Based Beverages Demand Share Forecast, 2019-2026
7. North America Dairy Based Beverages Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Dairy Based Beverages Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Dairy Based Beverages Market Size and Volume Forecast by Types
     7.4.1. Kefir
     7.4.2. Yogurt
     7.4.3. Milk
     7.4.4. Others
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Dairy Based Beverages Demand Share Forecast, 2019-2026
8. Latin America Dairy Based Beverages Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Dairy Based Beverages Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Dairy Based Beverages Market Size and Volume Forecast by Types
     8.4.1. Kefir
     8.4.2. Yogurt
     8.4.3. Milk
     8.4.4. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Dairy Based Beverages Demand Share Forecast, 2019-2026
9. Europe Dairy Based Beverages Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Dairy Based Beverages Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Dairy Based Beverages Market Size and Volume Forecast by Types
     9.4.1. Kefir
     9.4.2. Yogurt
     9.4.3. Milk
     9.4.4. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Dairy Based Beverages Demand Share Forecast, 2019-2026
10. Asia Pacific Dairy Based Beverages Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Dairy Based Beverages Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Dairy Based Beverages Market Size and Volume Forecast by Types
     10.4.1. Kefir
     10.4.2. Yogurt
     10.4.3. Milk
     10.4.4. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Dairy Based Beverages Demand Share Forecast, 2019-2026
11. Middle East & Africa Dairy Based Beverages Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Dairy Based Beverages Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Dairy Based Beverages Market Size and Volume Forecast by Types
     11.4.1. Kefir
     11.4.2. Yogurt
     11.4.3. Milk
     11.4.4. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Dairy Based Beverages Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Dairy Based Beverages Market: Market Share Analysis
  12.2. Dairy Based Beverages Distributors and Customers
  12.3. Dairy Based Beverages Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Danone Groupe SA
     12.4.2. FrieslandCampina.
     12.4.3. Nestle SA
     12.4.4. SODIAAL

Methodology

Our Clients

General Mills
sinopec
Dassault Aviation
Siemens Healthcare
Nestle SA
General Electric
The John Holland Group
Deloitte