China to Contribute a Prominent Share in the Asia-Pacific Dairy Snacks Market

Published: Jan 2021

The Asia-Pacific dairy snacks market is anticipated to grow at a CAGR of 6.0% over the forecast period (2020-2026). The key factors that drive the growth of the Asia-Pacific dairy snacks industry include the increasing consumption of dairy-based products, and the shift of the consumer towards western dairy products such as organic snacks, yogurt snacks, cheese, among many others. Further, the rising demand for clean label products and transparency in dairy products is likely to make the companies for product innovations in the sector, which in turn, will contribute to the growth of the market over the forecast period. 

Browse the full report description of "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" at https://www.omrglobal.com/industry-reports/asia-pacific-dairy-snacks-market

China, India, and Japan are the major economies contributing to the growth of the market. Among these China is likely to be the most significant country for market growth. According to the US Dairy Export Council (USDEC) in 2015, China produces about 25,000 metric tons of cheese a year, and most of this is processed cheese slices for foodservice as well as other processed cheeses. In addition, USDEC projected that by 2020, around 37,000 metric tons of cheese will be produced in China. Such a presence of well-established cheese industry in the country gives a boost to the Asia-Pacific dairy snacks market

Market Coverage

  • Market number available for – 2019-2026
  • Base year- 2019
  • Forecast period- 2020-2026
  • Segment Covered- By Product Type and By Distribution Channel
  • Region Covered- Asia-Pacific
  • Competitive Landscape- Gujarat Cooperative Milk Marketing Federation Ltd (Amul), Nestle SA, Meiji Holdings Co. Ltd., Megmilk Snow Brand Co. Ltd., Unilever Plc 

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment dominates the market in the base year?
  • Which segment will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Asia-Pacific Dairy Snacks Market – Segmentation

By Product Type

  • Cheese
  • Yogurt
  • Ice Cream
  • Others

By Distribution Channel

  • Retail & Supermarkets 
  • Online Distribution Channel

Asia-Pacific Dairy Snacks Market – Country Covered

Asia-Pacific      

  • China
  • India
  • Japan
  • Rest of Asia-Pacific

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