Germany Dairy Market Size, Share, and COVID-19 Impact Analysis, By Product (Milk, Cheese, Yoghurt, Butter, and Others), By Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Online, and Others), and Germany Dairy Market Insights, Industry Trend, Forecasts to 2033
Industry: Consumer GoodsGermany Dairy Market Insights Forecasts to 2033
- The Germany Dairy Market Size was Valued at USD 23.37 Billion in 2023.
- The Germany Dairy Market is Growing at a CAGR of 6.49% from 2023 to 2033
- The Germany Dairy Market Size is Expected to reach USD 43.82 Billion by 2033
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The Germany Dairy Market is Anticipated to Exceed USD 43.82 Billion by 2033, Growing at a CAGR of 6.49% from 2023 to 2033. The rising urbanization, disposable incomes, and consumer need for convenient, ready-to-consume dairy products are driving the dairy market in the Germany.
Market Overview
The dairy market refers to the industry encompassing the production, processing, and distribution of dairy products like milk, yoghurt, cheese, and butter. Dairy is the milk-based beverages derived from or containing milk, typically from mammals such as cows, goats, and sheep. The growing need for healthy and clean-label products, demand for functional foods, and increased protein consumption are several factors that drive the dairy market growth. Further, the growth of a healthy snacking culture, food consumption outside the home, and increasing online and mobile shopping are escalating the dairy market. The shifting dietary habits and expanding middle-class population, with the introduction of novel dairy products such as lactose-free and plant-based substitutes, are significantly offering growth opportunities in the dairy market.
Report Coverage
This research report categorizes the market for the Germany dairy market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Germany dairy market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Germany dairy market.
Germany Dairy Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 23.37 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 6.49% |
2033 Value Projection: | USD 43.82 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 240 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Product, By Distribution Channel and COVID-19 Impact Analysis. |
Companies covered:: | Arla Foods amba, Bayernland eG, Danone SA, DMK Deutsches Milchkontor GmbH, Frischli Milchwerke GmbH, Groupe Lactalis, Hochland Holding GmbH & Co. KG, Kruger Group, Muller Group, Saliter Milchwerk GmbH & Co. KG, Unilever PLC, Zott SE & Co. KG, and Others. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The rising urbanisation is driving demand for dairy products as value-added and convenient options lead to an increase in market demand. Further, increasing incomes with the changing lifestyle habits, and emphasis on healthy and diverse food choices are significantly contributing to propel the market growth. The availability of convenient and ready-to-consume dairy products in the country is also responsible for propelling the market growth. In addition, the substantial investments in sustainable packaging solutions and environmentally conscious production methods are contributing to promoting the market growth.
Restraining Factors
The health concerns associated with dairy products, including lactose intolerance and dairy allergies, are restraining the market growth.
Market Segmentation
The Germany dairy market share is classified into product and distribution channel.
- The milk segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected timeframe.
Based on the product, the Germany dairy market is divided into milk, cheese, yoghurt, butter, and others. Among these, the milk segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected timeframe. Germany, being a major exporter of dairy products, has a strong focus on both domestic production and international trade. The increasing milk consumption due to its nutritious properties and ability to provide calcium and protein is driving the market demand in the milk segment.
- The hypermarkets/supermarkets segment held the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected timeframe.
Based on the distribution channel, the Germany dairy market is divided into hypermarkets/supermarkets, convenience stores, online, and others. Among these, the hypermarkets/supermarkets segment held the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected timeframe. These stores provide a wide range of products, equipped with controlled temperature shelves to ensure product freshness. An increasing number of supermarkets/hypermarkets, along with the widespread availability of products, are responsible for propelling the market.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Germany dairy market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Arla Foods amba
- Bayernland eG
- Danone SA
- DMK Deutsches Milchkontor GmbH
- Frischli Milchwerke GmbH
- Groupe Lactalis
- Hochland Holding GmbH & Co. KG
- Kruger Group
- Muller Group
- Saliter Milchwerk GmbH & Co. KG
- Unilever PLC
- Zott SE & Co. KG
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In March 2022, Lactalis Group and Bayerische Milchindustrie eG (BMI) signed a contract for the sale of BMI’s fresh division with the product groups Fresh Milk, Yoghurt, Quarck, Cream, Aryan and others, as well as the production facility in Wurzburg (Bavaria).
- In February 2022, Hochland expanded its dairy plants and launched a comprehensive investment offensive. Hochland SE has released an amount of more than 100 million euros for investments.
Market Segment
This study forecasts revenue at Germany, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Germany Dairy Market based on the below-mentioned segments:
Germany Dairy Market, By Product
- Milk
- Cheese
- Yoghurt
- Butter
- Others
Germany Dairy Market, By Distribution Channel
- Hypermarkets/Supermarkets
- Convenience Stores
- Online
- Others
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