Dairy Desserts Market Size, Share, Outlook

The global Dairy Desserts Market Size stood at US$ 1.92 Billion in 2022 and is poised to register 2.78% growth over the forecast period from 2023 to 2030. Key market driving forces including an increase in marketing initiative, strong growth through online sales channels, focus on operational efficiency, launch of innovative flavors, and packaging, increased role of private labels, nutritional benefits of dairy products, and demand from emerging markets support the overall market development. Further, increasing disposable incomes worldwide, cost reduction and niche applications are identified among the main market dynamics

 

Dairy Desserts Market Analysis

Ice creams and yogurt hold the lion’s share of the market in value terms. Over the forecast period, interest in different types of Dairy Desserts is poised to increase as vendors promote wide flavors to attract new customers. Fruit-based products, mineral fortified products are widely being marketed driven by advantages such as versatility, health profiles, and other benefits.

Strategies of key players vary based on the products being marketed. Companies marketing desserts to commercial segments focus more on supply-chain optimization, quality, availability, costs, consistency, and other strategies. On the other hand, companies supplying to residential customers focus more on ingredients, nutritional profile, innovative ingredients, attractive packaging, longer shelf life, and others.

Versatile commercialization strategies of marketing are being observed, predominantly focused on marketing products to niche consumer segments. Most companies are opting for a focused and niche strategy, with plans to generate high value from low-volume market niches through novelty and convenience.

Shifting consumer preferences, and ease of brand switching, coupled with an emphasis on quality, distribution efficiency, private label domination, and others remain key factors determining the success of companies. Increasing competition among players and demand for quality products and price competitiveness are encouraging companies to widely market Dairy Desserts specific to individual customer requirements.

 

Market Dynamics

Market Trend- Increasing investments in marketing activities through innovative platforms

Companies are focusing on marketing the dairy dessert manufacturing process from the origin, ingredients, flavors, and others to build a high-quality, fresher, authentic, trustworthy, environmentally friendly image with consumers. Locally grown or locally produced, grass-fed milk, no preservatives, low sugar content, smaller carbon footprint in the manufacturing process, simple, clean label ingredients, and other factors are widely marketed.

Integrated marketing strategies such as promotion through traditional channels, social media platforms, and others to promote product awareness of dairy desserts. In particular, companies are increasingly targeting individual customers and promoting new products, discount offers, positive nutritional qualities, and ingredient/health information.

 

Market Driver- Emphasis on operational efficiency is observed among the key strategies of leading companies

Margins in the industry are relatively low and accordingly, emphasis on operational effectiveness becomes apparent. Further, as the perishability of goods is high, the supply chain from plant-to-retail distribution network must be efficiently managed. The absence of cold chains in emerging markets is one of the major problems faced by manufacturers. In addition to Efficient operations and optimized processes, innovative packaging is one of the key strategies opted for by manufacturing companies.

Companies focus on selecting the right distribution channels to ensure the necessary market penetration. With growth stagnant in mature markets, companies also emphasize on mergers and acquisitions and strategic partnerships for business expansion plans. In addition, a shift to higher-margin products is also observed in the industry. Further, constant investment in R&D focusing on creating and sustaining value in the industry is observed as one of the key strategies opted for by leading players.

 

Market Segmentation

The global Dairy Desserts Market is segmented into Types, Distribution Channels, and Countries.

The yogurt dessert market held the dominant market share in 2022

The yogurt dessert market will see steady growth during the forecast period, driven by consumer preference for healthy food consumption, preventive care, demand for low-fat and low-calorie products, shifting consumption patterns, and a significant shift from ice creams to yogurt consumption.

The strong growth potential for yogurt is encouraging the launch of a wide product range, predominantly as healthy substitutes for ice cream.

The sales of yogurt desserts are rapidly growing in China and India, as a large number of global and private label companies are launching new products. Frequent yogurt consumption habits among the population in these countries support market penetration. 

Smaller, multi-pack servings are widely promoted to attract customers. Aggressive advertisement through social networking platforms and promotion of clean labels in food service and retail grocery store chains, supermarkets, and hypermarkets remain key marketing strategies.

Rising disposable incomes, strengthening supply chains during 2022 and consumer preference are encouraging rapid growth in franchise business in the segment. Goat milk, sheep milk based and other yogurts are also gaining quick penetration.

Vendors are marketing self-serve desserts, where the choice of flavor, fruits, and toppings are customized to consumer preference.

Products with superior health benefits to women are also marketed in the segment, and with an increasing number of working-class women, the demand for these products will remain robust over the forecast period.

 

The E-commerce industry is the fastest-growing market during the forecast period

E-commerce opens up new growth prospects for dessert manufacturers. Online retail stores are gaining popularity as they offer shopping convenience without time and location restrictions and also improve the interactivity between buyers and sellers. E-commerce distribution also enables companies to communicate information about their new products. Further, the development of data analytics tools presents opportunities to target individual customers.

 

Asia Pacific accounts for the highest market size for the period 2023 to 2030

Asia Pacific is the largest market for Dairy Desserts, predominantly driven by dairy consumption habits in China, India, and the Rest of Asian markets. The region accounted for 41% market share in the global Dairy Desserts market size worldwide.

China- The market is characterized by stiff competition from local manufacturers and players who provide cheaper products as compared to larger players. Compared to its dense population, the use of desserts is low, offering significant potential for growth. The economic growth in developing markets and the growing disposable income of people in the country support the desserts' growth.

In addition to the presence of a large dairy production industry, a growing population, rising incomes, and increasing urbanization drive the demand for dairy desserts. The country is witnessing demand for convenience food products, undergoing improvements in the food processing industry and cold chain networks, which will support the consumption of dairy desserts, predominantly, dairy-based ice creams, and yogurts.

Western dietary influences and the boom in organized retail are among the main market drivers for the market growth of these products. Domestic companies also market products by mixing different types with new ingredients and additives for superior taste, texture, and flavor for customers.

 

Segmentation

By Type

• Ice Cream
• Yogurt
• Custard
• Pudding and Others

 

By Distribution Channel

• Super Markets and Hypermarkets
• Convenience Stores
• Specialty Stores
• e-Commerce

 

By Region

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Key Players

Leading companies profiled in the study include-

• Lactalis Groupe
• Arla Food Amba
• Mondelez International, Inc.
• Parag Milk Foods Ltd.
• Royal Friesland Campina N.V.
• DANA Dairy
• Parmalat
• General Mills Inc
• Nestle Group
• Danone

 

Dairy Desserts Market Outlook 2023

1 Market Overview

1.1 Introduction to Dairy Desserts Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Dairy Desserts Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Dairy Desserts Market Companies with Area Served

4.2.2 Products Offerings Global Dairy Desserts Market

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 Post-COVID-19 Scenario- Low Growth Case

5.1.3 Post-COVID-19 Scenario- Reference Growth Case

5.1.4 Post-COVID-19 Scenario- Low Growth Case

 

6 Global Dairy Desserts Market Trends

6.1 Global Dairy Desserts Revenue (USD Million) and CAGR (%) by Type (2018-2028)

6.2 Global Dairy Desserts Revenue (USD Million) and CAGR (%) by Applications (2018-2028)

6.3 Global Dairy Desserts Revenue (USD Million) and CAGR (%) by Regions (2018-2028)

 

7 Global Dairy Desserts Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Dairy Desserts Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Dairy Desserts Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Dairy Desserts Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Dairy Desserts Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Dairy Desserts Development Regional Status and Outlook

8.1 Global Dairy Desserts Revenue (USD Million) By Regions (2018-2022)

8.2 North America Dairy Desserts Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Dairy Desserts Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Dairy Desserts Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Dairy Desserts Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Dairy Desserts Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Dairy Desserts Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Dairy Desserts Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Dairy Desserts Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Dairy Desserts Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Dairy Desserts Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Dairy Desserts Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Dairy Desserts Revenue (USD Million) by Applications (2018-2022)

8.5 South America Dairy Desserts Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Dairy Desserts Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Dairy Desserts Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Dairy Desserts Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Dairy Desserts Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Dairy Desserts Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Dairy Desserts Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Dairy Desserts Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Dairy Desserts Market Revenue (USD Million), by Type, and Applications (2023-2028)

10.1 Global Dairy Desserts Revenue (USD Million) and Market Share (%) by Type (2023-2028)

10.1.1 Global Dairy Desserts Revenue (USD Million), and Market Share (%) by Type (2023-2028)

10.2 Global Dairy Desserts Revenue (USD Million) and Market Share (%) by Applications (2023-2028)

10.2.1 Global Dairy Desserts Revenue (USD Million), and Market Share (%) by Applications (2023-2028)

11 Global Dairy Desserts Development Regional Status and Outlook Forecast

11.1 Global Dairy Desserts Revenue (USD Million) By Regions (2023-2028)

11.2 North America Dairy Desserts Revenue (USD Million) by Type, and Applications (2023-2028)

11.2.1 North America Dairy Desserts Revenue (USD) Million by Country (2023-2028)

11.2.2 North America Dairy Desserts Revenue (USD Million), by Type (2023-2028)

11.2.3 North America Dairy Desserts Revenue (USD Million), Market Share (%) by Applications (2023-2028)

11.3 Europe Dairy Desserts Revenue (USD Million), by Type, and Applications (2023-2028)

11.3.1 Europe Dairy Desserts Revenue (USD Million), by Country (2023-2028)

11.3.2 Europe Dairy Desserts Revenue (USD Million), by Type (2023-2028)

11.3.3 Europe Dairy Desserts Revenue (USD Million), by Applications (2023-2028)

11.4 Asia Pacific Dairy Desserts Revenue (USD Million) by Type, and Applications (2023-2028)

11.4.1 Asia Pacific Dairy Desserts Revenue (USD Million), by Country (2023-2028)

11.4.2 Asia Pacific Dairy Desserts Revenue (USD Million), by Type (2023-2028)

11.4.3 Asia Pacific Dairy Desserts Revenue (USD Million), by Applications (2023-2028)

11.5 South America Dairy Desserts Revenue (USD Million), by Type, and Applications (2023-2028)

11.5.1 South America Dairy Desserts Revenue (USD Million), by Country (2023-2028)

11.5.2 South America Dairy Desserts Revenue (USD Million), by Type (2023-2028)

11.5.3 South America Dairy Desserts Revenue (USD Million), by Applications (2023-2028)

11.6 Middle East and Africa Dairy Desserts Revenue (USD Million), by Type, and Applications (2023-2028)

11.6.1 Middle East and Africa Dairy Desserts Revenue (USD Million), by Region (2023-2028)

11.6.2 Middle East and Africa Dairy Desserts Revenue (USD Million), by Type (2023-2028)

11.6.3 Middle East and Africa Dairy Desserts Revenue (USD Million), by Applications (2023-2028)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

 

List Of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Dairy Desserts Market Companies with Areas Served

Table 3 Products Offerings Global Dairy Desserts Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Dairy Desserts Revenue (USD Million) And CAGR (%) By Type (2018-2028)

Table 8 Global Dairy Desserts Revenue (USD Million) And CAGR (%) By Applications (2018-2028)

Table 9 Global Dairy Desserts Revenue (USD Million) And CAGR (%) By Regions (2018-2028)

Table 10 Global Dairy Desserts Revenue (USD Million) By Type (2018-2022)

Table 11 Global Dairy Desserts Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Dairy Desserts Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Dairy Desserts Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Dairy Desserts Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Dairy Desserts Market Share (%) By Regions (2018-2022)

Table 16 North America Dairy Desserts Revenue (USD Million) By Country (2018-2022)

Table 17 North America Dairy Desserts Revenue (USD Million) By Type (2018-2022)

Table 18 North America Dairy Desserts Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Dairy Desserts Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Dairy Desserts Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Dairy Desserts Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Dairy Desserts Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Dairy Desserts Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Dairy Desserts Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Dairy Desserts Revenue (USD Million) By Country (2018-2022)

Table 26 South America Dairy Desserts Revenue (USD Million) By Type (2018-2022)

Table 27 South America Dairy Desserts Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Dairy Desserts Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Dairy Desserts Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Dairy Desserts Revenue (USD Million) By Applications (2018-2022)

 

Table 31 Financial Analysis

Table 32 Global Dairy Desserts Revenue (USD Million) By Type (2023-2028)

Table 33 Global Dairy Desserts Revenue Market Share (%) By Type (2023-2028)

Table 34 Global Dairy Desserts Revenue (USD Million) By Applications (2023-2028)

Table 35 Global Dairy Desserts Revenue Market Share (%) By Applications (2023-2028)

Table 36 Global Dairy Desserts Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2028)

Table 37 North America Dairy Desserts Revenue (USD)By Country (2023-2028)

Table 38 North America Dairy Desserts Revenue (USD Million) By Type (2023-2028)

Table 39 North America Dairy Desserts Revenue (USD Million) By Applications (2023-2028)

Table 40 Europe Dairy Desserts Revenue (USD Million) By Country (2023-2028)

Table 41 Europe Dairy Desserts Revenue (USD Million) By Type (2023-2028)

Table 42 Europe Dairy Desserts Revenue (USD Million) By Applications (2023-2028)

Table 43 Asia Pacific Dairy Desserts Revenue (USD Million) By Country (2023-2028)

Table 44 Asia Pacific Dairy Desserts Revenue (USD Million) By Type (2023-2028)

Table 45 Asia Pacific Dairy Desserts Revenue (USD Million) By Applications (2023-2028)

Table 46 South America Dairy Desserts Revenue (USD Million) By Country (2023-2028)

Table 47 South America Dairy Desserts Revenue (USD Million) By Type (2023-2028)

Table 48 South America Dairy Desserts Revenue (USD Million) By Applications (2023-2028)

Table 49 Middle East and Africa Dairy Desserts Revenue (USD Million) By Region (2023-2028)

Table 50 Middle East and Africa Dairy Desserts Revenue (USD Million) By Region (2023-2028)

Table 51 Middle East and Africa Dairy Desserts Revenue (USD Million) By Type (2023-2028)

Table 52 Middle East and Africa Dairy Desserts Revenue (USD Million) By Applications (2023-2028)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

 

List Of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Dairy Desserts Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Dairy Desserts Revenue Market Share (%) By Type (2022)

Figure 5 Global Dairy Desserts Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Dairy Desserts Revenue Market Share (%) By Applications (2022)

Figure 7 Global Dairy Desserts Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Dairy Desserts Market Share (%) By Regions (2022)

Figure 9 North America Dairy Desserts Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Dairy Desserts Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Dairy Desserts Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Dairy Desserts Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Dairy Desserts Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Dairy Desserts Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Dairy Desserts Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Dairy Desserts Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Dairy Desserts Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Dairy Desserts Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Dairy Desserts Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Dairy Desserts Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Dairy Desserts Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Dairy Desserts Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Dairy Desserts Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Dairy Desserts Revenue (USD Million) By Type (2023-2028)

Figure 25 Global Dairy Desserts Revenue Market Share (%) By Type (2028)

Figure 26 Global Dairy Desserts Revenue (USD Million) By Applications (2023-2028)

Figure 27 Global Dairy Desserts Revenue Market Share (%) By Applications (2028)

Figure 28 Global Dairy Desserts Market Revenue (USD Million) By Regions (2023-2028)

Figure 29 North America Dairy Desserts Revenue (USD Million) By Country (2023-2028)

Figure 30 North America Dairy Desserts Revenue (USD Million) By Type (2023-2028)

Figure 31 North America Dairy Desserts Revenue (USD Million) By Applications (2023-2028)

Figure 32 Europe Dairy Desserts Revenue (USD Million) By Country (2023-2028)

Figure 33 Europe Dairy Desserts Revenue (USD Million) By Type (2023-2028)

Figure 34 Europe Dairy Desserts Revenue (USD Million) By Applications (2023-2028)

Figure 35 Asia Pacific Dairy Desserts Revenue (USD Million) By Country (2023-2028)

Figure 36 Asia Pacific Dairy Desserts Revenue (USD Million) By Type (2023-2028)

Figure 37 Asia Pacific Dairy Desserts Revenue (USD Million) By Applications (2023-2028)

Figure 38 South America Dairy Desserts Revenue (USD Million) By Country (2023-2028)

Figure 39 South America Dairy Desserts Revenue (USD Million) By Type (2023-2028)

Figure 40 South America Dairy Desserts Revenue (USD Million) By Applications (2023-2028)

Figure 41 Middle East and Africa Dairy Desserts Revenue (USD Million) By Region (2023-2028)

Figure 42 Middle East and Africa Dairy Desserts Revenue (USD Million) By Region (2023-2028)

Figure 43 Middle East and Africa Dairy Desserts Revenue (USD Million) By Type (2023-2028)

Figure 44 Middle East and Africa Dairy Desserts Revenue (USD Million) By Applications (2023-2028)

Figure 45 Bottom-Up and Top-Down Approaches For This Report

Figure 46 Data Triangulation