The global dairy snacks market was valued at US$ 214 Billion in 2021 and is projected to reach US$ 302 Billion by 2027, growing at a CAGR of 6%. India is currently the world’s largest producer of milk which has opened a plethora of opportunities in the dairy snacks industry. Cheese, Yoghurt, and Ice cream are the most popular dairy snacks in the market. In dairy products, calcium is present in abundance.
As consumers constantly search for products that are healthy and all-natural, dairy snacks are positioned as an attractive option because of their mouth-watering taste and also due to the presence of plenty of nutrients such as riboflavin, magnesium, calcium, pantothenic acid, and vitamin B12 and B5.
Germany, France, and the UK are the major markets for dairy snack products but the Asia-Pacific region is considered the fastest growing market due to urbanization, increasing disposable income, and rising population.
Recent studies have proved that dairy snacks help in reducing the risk of colorectal cancer, osteoporosis, and type 2 diabetes. Growing awareness about the benefits of dairy snacks has increased the demand for them across the globe. Dairy processing industries are now developing a wide range of products to meet consumer tastes and preferences.