Europe Dairy Market Driven By The 0.7% Increase In Milk Output In 2018


Posted July 3, 2019 by johnmarshall

According to a new report by Expert Market Research titled ‘Europe Dairy Market Report and Forecast 2019-2024’.

 
The growth of the Europe dairy market was driven by the milk industry, which witnessed a 0.7% increase in its output in 2018, as compared to 2017, to attain 226.7 million tonnes.

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The Europe dairy market is one of the major dairy markets globally accounting for nearly 22% of the global milk production. In the European Union, the annual consumption of the dairy products is expected to be about 45 million metric tons, and more than 300 varieties of cheese and dairy products are registered in the region. The EU is a major producer of cheese and is expected to witness a 2% increase in production in 2018, as compared to 2017, driven by the rising demand both in the domestic market and the global market. By 2027, the market share of EU cheese production is projected to be nearly 43%.

The European cheese exports, as a whole, increased by 2.4% in 2018, as compared to the previous year. The European Union is the largest exporter of cheese, globally. The principal importer of EU cheese is the US followed by Japan and Switzerland. The EU is projected to retain its position as the largest cheese exporter globally and is expected to account for 37% of the global cheese export in 2027. The projected increase in the production of cheese in the EU is expected to be sustained by the increase in cheese exports to Canada with the Comprehensive Economic and Trade Agreement (CETA) coming into effect in 2017.

Read Full Report & Table of Content – https://www.expertmarketresearch.com/reports/europe-dairy-market

Since the abolition of EU milk quotas in 2015, EU dairy exports have witnessed a steady increase. It is one of the leading exporters of dairy along with countries like New Zealand and the United States. Cheese, skimmed milk powder (SMP) and packed milk are the primary dairy products exported by the EU. In 2017, EU was the leading exporter of SMP whose volume increased by 36.7% from 2016. In 2017, China was the largest importer of packed milk produced in the EU and one of the leading importers of SMP after Algeria. EU exports of dairy products like cheese, milk powders, butter, condensed milk, cream, yoghurt, and milk saw an increase of 14.5% in 2017, as compared to the previous year.

Market Analysis by Types:

* Fluid/UHT/ Flavoured Milk
* Cream
* Butter
* Anhydrous Milk Fat (AMF)
* Skimmed Milk Powder
* Whole Milk Powder
* Whey Protein (Powder and Concentrate)
* Lactose
* Casein
* Cheese
* Yoghurt
* Ice-cream
* Probiotic Dairy Products

Fluid/UHT/ Flavoured Milk, cream, butter, anhydrous milk fat (AMF), skimmed milk powder, whole milk powder, whey Protein (powder and concentrate), lactose, casein, cheese, yoghurt, ice-cream, and probiotic dairy products are the different dairy products available in the Europe dairy market.

Market Analysis by Regions:

* Germany
* France
* United Kingdom
* Russia

The EMR report analyses the major dairy markets in Europe like Germany, France, United Kingdom, and Russia.

Key Findings of the Report:

* Growing concerns about health and wellbeing are driving the Europe dairy market with rising demand for nutrition-rich dairy products.
* Increasing population along with the ease of availability of dairy animals is aiding the Europe market growth.
* The Western Europe dairy market is expected to witness a growth in the forecast period of 2019-2024 owing to the rising standards of living and a growing GDP.
* In 2017, Germany was the only dairy market in Europe that witnessed a growth.
* More than 866 million kilograms of cheese, especially edam and gouda cheese, was produced by the Netherlands in 2017.
* A warm Mediterranean climate and rising standards of living are supporting the Italian dairy market.

Related Links:

https://www.expertmarketresearch.com/reports/indian-tea-market
https://www.expertmarketresearch.com/reports/latam-sorbitol-market
https://www.expertmarketresearch.com/reports/north-america-sorbitol-market

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Issued By Expert Market Research
Country United States
Categories Business , Food , Marketing
Tags europe dairy market industry , europe dairy market price , europe dairy market report
Last Updated July 3, 2019