Asia-Pacific Dairy Snacks Market Size, Share & Trends Analysis Report By Product (Cheese, Yogurt, Ice Cream, and Others), By Distribution Channel (Retail & Supermarkets and Online Distribution Channel), and Forecast 2020-2026.
The Asia-Pacific dairy snacks market is projected to grow at a CAGR of 6.0% during the forecast period (2020-2026). The key factors that drive the growth of the market include the rising disposable income in the emerging economies, novel launches of various flavored products by the key players, and the inclination of consumers towards organic products. Besides, the rising demand for ready meals and on-the-go snacking products also contributes to the dairy snacks market growth. The key players are also introducing novel lactose-free and sugar-free products which further add to the market growth.
The Asia-Pacific dairy snacks market is segmented on the basis of product type and distribution channel. Based on the product type, the market is segmented into cheese, yogurt, ice cream, and others such as butter. Cheese is estimated to contribute a prominent share in the market. Based on the distribution channel, the market is segmented into retail & supermarkets and online distribution channel. Retail & supermarkets are the major distribution channels for dairy snacks.
Based on the geographic viewpoint, the Asia-Pacific dairy snacks market is segmented into China, India, Japan, and the Rest of Asia-Pacific. India is likely to witness substantial growth in the market over the forecast period. Further, Gujarat Cooperative Milk Marketing Federation Ltd (Amul), Nestle SA, Meiji Holdings Co. Ltd., Megmilk Snow Brand Co. Ltd., Unilever Plc among others are some of the prominent players functioning in the Asia-Pacific dairy snacks market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market.
Research Methodology
The market study of the Asia-Pacific dairy snacks market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. the team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. the analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of the reports.
Secondary Sources Include:
Market Segmentation:
1. Asia-Pacific Dairy Snacks Market Research and Analysis by Product Type
2. Asia-Pacific Dairy Snacks Market Research and Analysis by Distribution Channel
The Report Covers:
The Asia-Pacific dairy snacks market is projected to grow at a CAGR of 6.0% during the forecast period (2020-2026). The key factors that drive the growth of the market include the rising disposable income in the emerging economies, novel launches of various flavored products by the key players, and the inclination of consumers towards organic products. Besides, the rising demand for ready meals and on-the-go snacking products also contributes to the dairy snacks market growth. The key players are also introducing novel lactose-free and sugar-free products which further add to the market growth.
The Asia-Pacific dairy snacks market is segmented on the basis of product type and distribution channel. Based on the product type, the market is segmented into cheese, yogurt, ice cream, and others such as butter. Cheese is estimated to contribute a prominent share in the market. Based on the distribution channel, the market is segmented into retail & supermarkets and online distribution channel. Retail & supermarkets are the major distribution channels for dairy snacks.
Based on the geographic viewpoint, the Asia-Pacific dairy snacks market is segmented into China, India, Japan, and the Rest of Asia-Pacific. India is likely to witness substantial growth in the market over the forecast period. Further, Gujarat Cooperative Milk Marketing Federation Ltd (Amul), Nestle SA, Meiji Holdings Co. Ltd., Megmilk Snow Brand Co. Ltd., Unilever Plc among others are some of the prominent players functioning in the Asia-Pacific dairy snacks market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market.
Research Methodology
The market study of the Asia-Pacific dairy snacks market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. the team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. the analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of the reports.
Secondary Sources Include:
- Financial reports of companies involved in the market
- Whitepapers, research-papers, and news blogs
- Company websites and their product catalog
Market Segmentation:
1. Asia-Pacific Dairy Snacks Market Research and Analysis by Product Type
2. Asia-Pacific Dairy Snacks Market Research and Analysis by Distribution Channel
The Report Covers:
- Comprehensive research methodology of the Asia-Pacific dairy snacks market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Asia-Pacific dairy snacks market.
- Insights about market determinants that are stimulating the Asia-Pacific dairy snacks market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
Table of Contents
1. Report Summary
2. Market Overview and Insights
3. Market Determinants
4. Market Segmentation
5. Regional Analysis
6. Company Profiles
Companies Mentioned
A selection of companies mentioned in this report includes:
- Bongrain (Tianjin) Foods Co. Ltd.
- Britannia Dairy Pvt.Ltd.
- China Mengniu Dairy Co., Ltd.
- Gujarat Cooperative Milk Marketing Federation Ltd (Amul)
- Megmilk Snow Brand Co. Ltd.
- Meiji Holdings Co., Ltd.
- Nestle SA
- NH Foods Ltd.
- Unilever Plc