Germany Dairy Products Market to be Dominated by Milk Products through 2026
Strong production of dairy products and growing health
concerns are driving the growth of the Germany dairy products market in the
forecast period, 2022-2026.
According to TechSci Research report, “Germany Dairy Products
Market
By Product (Milk, Butter, Cheese, Yogurt, Other includes Ice Cream, Cream,
etc.), By Distribution Channel (Supermarket/Hypermarket, Departmental Stores,
Convenience stores, Online Channels, Others), By Region, Competition Forecast
& Opportunities, 2026”, the Germany dairy products market is
expected to witness a growth of steady CAGR during the forecast period,
2022-2026. The growing demand for milk and milk-based ingredients in the
country and high consumption of dairy products are the major influencing
factors for the Germany dairy products market growth.
The growing demand for lactose-free dairy products as they have low
levels of sugar and lactose is expected to create huge potential for the
development of the Germany dairy products market. Market players are
introducing products that are good for lactose intolerant people, such as
yogurt, cheese, and milk, which is expected to influence market demand. The
growing demand to feed the infants for completion of their nutrients and
provide them with a healthy diet is creating the growth for dairy products in
the country.
The easy access to dairy products due to the increase in the number of
cold chain logistics and modern retail facilities contributes to the high
market demand. Market players to boost the sales of Dairy Products are selling
the products through the online sales channel. Growing internet penetration and
the proliferation of smart devices is fueling the demand for the E-Commerce
industry.
The facilities such as quick doorstep delivery without delivery charges
and the availability of online payment gateways and cash-on delivery options
for the consumers are increasing the adoption of online sales platforms for
shopping of daily need products. Market players sell dairy products at discounted
costs to attract more customers for buying through the online platforms.
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The Germany dairy products market is segmented on the basis of product,
distribution channel, competitional landscape, and regional distribution.
On the basis of the type, the Germany dairy products market is divided
into milk, butter, cheese, yogurt, and others. The milk segment is expected to
dominate the market, followed closely by the butter and cheese segment. The
growing consumption of cheese among lactose-intolerant people and the
availability of organic cheese with low-fat content are the major driving
factors for the high demand for cheese in the country.
Cheese is considered good for health and is a good source of calcium.
Furthermore, the regular consumption of dairy products improves gut health and
minimizes the risk of other diseases. The availability of dairy products in
different packaging, portion sizes, serving options according to the needs and
demands of consumers is expected to fuel the growth of the Germany dairy
products market.
On the basis of the distribution channel, the Germany dairy products market
is divided into supermarket/hypermarket, departmental stores, convenience
stores, online channels, and others. The supermarket/hypermarket is expected to
hold the largest market share during the forecast period. The availability of a
large number of retail stores under a single roof allows the consumers to
explore and compare different products based on size and price, which helps
enhance the consumer experience.
Major market players offer lucrative discounts on the purchase of their
products from the supermarket/hypermarket, and the consumers find it convenient
to buy the daily need products from these markets, which is expected to boost
the sales of dairy products. Supermarket/hypermarket offers a wide range of
options to purchase dairy products and consists of controlled temperature shelves
for dairy products to minimize the occurrence of spillage and spoilage.
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“The adoption of
automation technology in the dairy farms to increase the efficiency of the milk
processing firms and the growth in demand for the consumption of dairy products
is expected to fuel the Germany dairy products market’s growth. Farmers and
milk producers are using advanced technologies to easily monitor and manage the
grass and herd in the farms. Market players are advised to invest in upgrading
the existing technology and increase the use of satellite systems, smartphone
data applications, drones to increase the profit of both farmers and for
themselves and maintain an efficient supply and distribution channel is
expected to propel the Germany dairy products market growth till 2026” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Germany Dairy Products
Market By Product (Milk, Butter, Cheese, Yogurt, Other includes Ice Cream,
Cream, etc.), By Distribution Channel (Supermarket/Hypermarket, Departmental
Stores, Convenience stores, Online Channels, Others), By Region, Competition
Forecast & Opportunities, 2026”, has evaluated the future growth potential
of Germany dairy products market and provides statistics & information on
market size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Germany dairy
products market.
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