US dairy snacks market is anticipated to grow at a CAGR of 4.1% over the forecast period (2020-2026). The key factor that drives the growth of the market includes the shift of the consumers towards healthy snacking options. This has further forced the companies to majorly eliminate the non-healthy snacking and rather promote the innovative and healthy snacking options that are organic and natural, nutritious, and tasteful without compromising consumer’s health goals, desire for unique flavors, and ingredients. Hence, this has contributed to the substantial demand for organic and natural dairy snacks, which in turn, had enhanced the growth of the market over the forecast period.
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Besides, the presence of the key players also supports the growth of the US dairy snacks industry. Players such as Dairy Farmers of America Inc., Mondelez International Inc., Danone SA, and General Mills Inc. are substantially contributing to the growth of the US dairy snacks market over the forecast period. For instance, in April 2020, Mondelez International signed a deal in which it purchased the controlling stakes in Perfect Snacks. This has strengthened the company’s product portfolio and maintained brand authenticity. Hence, such strategies adopted by the key players has significantly supported the growth of the market over the forecast period.
Market Coverage
· Market number available for – 2019-2026
· Base year- 2019
· Forecast period- 2020-2026
· Segment Covered- By Product Type and By Distribution Channel
· Competitive Landscape- Dairy Farmers of America Inc., Danone SA, General Mills Inc., Nestle SA, Mondez International Inc., The Coca-Cola Co., and Unilever Plc
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US Dairy Snacks Market – Segmentation
By Product Type
· Cheese
· Yogurt
· Ice Cream
· Others
By Distribution Channel
· Retail & Supermarkets
· Online Distribution Channel
Company Profiles
· Almarai Co.
· Overview
· Almarai Co. in US Dairy Snacks Market
· Recent Developments
· Arla Foods Group
· Califia Farms, LLC
· Dairy Farmers of America Inc.
· Danone SA
· Fonterra Group Cooperative Ltd.
· General Mills Inc.
· Mondelez International Inc.
· Nestle SA
· Saputo Inc.
· The Coca-Cola Co.
· Unilever Plc
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