Europe Dairy Packaging Market

Europe Dairy Packaging Market Growth and Forecast (2022 - 2027):

The Europe Dairy Packaging Market was valued at US$ XX million in 2021 and is predicted to grow at US$ XX million by 2026 with an increasing CAGR of XX% during 2022 - 2027.

Europe Dairy Packaging Market Scenario:

The growing availability of packaged dairy items through various retailing channels, owing to the increasing population and changing eating habits, and an expanding purchaser inclination toward protein-based items, is expected to boost dairy-based item adoption around the world, propelling the market forward. In addition, the growing focus of dairy producers on capturing a share of the Europe dairy market through top-tier global food and local production capabilities has fueled demand for better dairy-based packaging arrangements. The numerous types of packaging available now are a major element in the expansion of dairy product sales. Milk, for example, was formerly only available in peak-topped containers; now, milk is now delivered in multipurpose, brand-friendly PET jugs, which is an appealing option for increasingly busy purchasers.

Recent Developments in Europe Dairy Packaging Industry:

• Amcor is going to highlight how it is changing dairy packaging by offering more sustainable options and innovative design and delivery, allowing customers to increase shelf life.

Europe Dairy Packaging Market Drivers and Restraints:

Increased disposable income and rising customer demand for dairy products drive the Europe Dairy Packaging Market. Moreover, rising availability of packaged dairy products with the help of various retiling channels which is primarily owing to the growing population in Europe and also raising population awareness and preference for protein based food are the major drivers that uplift the Europe dairy packaging market growth in the near future. In addition, smaller multipacks are becoming more popular as customer demand for yogurt, ice cream, butter, and other goods increases packaging needs. Manufacturers are also focusing their efforts on getting a major share of the Europe market by providing best-in-class international export and local production capabilities.

Furthermore, plastic is commonly accepted due to well-known qualities such as low-cost benefits and lightweight nature. In addition, as the demand for longer shelf lives grows, as do customer preferences for more convenient packaging, plastic packaging is becoming more popular. Increased consumption of dairy products increases product sales, mainly because of the growing awareness of the need to live a healthy lifestyle. Product demand is expected to be positively influenced by rising consumer preference for environmentally friendly and sustainable products. Furthermore, in order to reduce or prevent contamination and adulteration, the packaging relevance importance has been increased which is expected to boost product demand.

Moreover, dairy products are perishable, so suitable and effective packaging is needed to make storage and transit quick and easier. Due to its convenience, the market is expected to be driven further by rising demand for tiny packaging. On the other hand, most of the manufacturers are increasingly focusing on delivering products to customers in smaller quantities in European region. Moreover, several varieties of flavored milk products that are made available in the market tends to be responsible for the Europe dairy packaging market growth. Major trends in the worldwide dairy food packaging market include rising health consciousness, urbanization, and consumption of diverse dairy products as a result of increasing demand for fresh foods as part of a balanced diet.

Plastics and other non-biodegradable packaging materials, majorly created a kind of tension among the population in Europe. Environmental law is also predicted to hinder the development of dairy products since greenhouse-gas emissions from dairy activities account for a significant portion of overall emissions in some countries. Any changes in associated policies could impact dairy output.

Europe Dairy Packaging Market Segmentation Analysis:

By Material:

• Metal
• Glass
• Plastic
• Paperboard
• Others

In 2019, the greatest raw material segment was plastic. Food is protected by plastic throughout long voyages and against pressure, humidity, and light, making it impossible to replace the product. There are currently over thirty distinct types of plastics used in packaging. However, the negative impacts of plastic on the environment and human health are expected to limit product use. As a result, disposable packaging is being phased out by many businesses. From 2022 - 2027, paper and paperboard are expected to grow rapidly. Tetra Pak carton containers, primarily made of paperboard with a few polyethylene and aluminum foil layers, are expected to expand in popularity. The paperboard component in these cartons contributes to the printing surface's stability, strength, and smoothness. In addition, the aluminum in the items helps keep the nutritional value and flavors of the food by protecting them from light and oxygen. Furthermore, dairy product makers have additional packaging possibilities thanks to paperboard molding technology and unique package structures.

By Type:

• Cans
• Pouches
• Tubs & Cups
• Bottles
• Carton & Boxes
• Others

Based on type, the pouches segment holds the largest dairy packaging market share during 2022 - 2027. Pouches have remained popular in the business industry due to their convenience and accessibility. In addition, wraps are a growing market.

By Application:

• Frozen Products
• Milk
• Cheese
• Cultured Dairy Products
• Cream
• Butter
• Other Products

Milk packaging is predicted to develop significantly because of the increased consumption of milk, and milk-based drinks include tea, coffee, hot chocolate, and protein shakes. Consumers prefer milk in its natural state because of its essential nutritious contribution to the diet. Milk is a good source of calcium. Therefore it helps to maintain bone health. In 2019, the yogurt application was expected to make a substantial contribution. The increased consumption of healthful foods, mainly organic and low-fat yogurt, can be related to this trend.

Furthermore, because of the introduction of various fruit flavors such as chocolate, vanilla, coffee, and mint to improve the end product's aroma, taste, and texture, flavored yogurt has grown its market share. In addition, the demand for organic flavored foods is predicted to increase due to the various health benefits linked with their intake. Therefore, flavored foods are becoming increasingly popular.

Regional Analysis:

The Europe Dairy Packaging Market Report includes the segmentation of countries:

• U.K
• Germany
• Russia
• France
• Italy

Europe tends to hold the significant dairy packaging market due to the increased availability of packaged dairy products across various retailing channels, owing to the rising population and changing diets. In addition, a growing consumer desire for protein-based goods will likely boost dairy-based products acceptance globally, propelling the market forward.

The demand for superior dairy-based packaging solutions has been spurred by the increased focus of dairy manufacturers on obtaining a part of the global dairy trade through best-in-class international export and local manufacturing capabilities.

The various types of packaging available today is the key element driving the growth of dairy product sales. Previously, milk was exclusively offered in gable-topped cartons. However, milk is still delivered in portable, branded PET bottles, which is a convenient solution for today's busy consumers.

Impact of COVID-19 on Europe Dairy Packaging Market:

The COVID-19 has led the shutdown in Europe and has had a significant impact on the dairy business globally. The supply of dairy-based products is constant, whereas dairy products have been disrupted, resulting in crises. Farmers' supply chains of dairy milk have been interrupted by a longer lockdown in the dairy industry in many countries.

The sales of dairy-based products such as ice cream, cheese, flavored milk, yogurt, and frozen desserts generated the highest market revenue in the overall dairy sector, accounting for roughly a third of the organized dairy sector's revenue, which has declined by up to 3% CAGR in the first quarter of 2020. In contrast, the foodservice sector's price reductions and lockdown have significantly impacted local dairy farmers, resulting in a halt in overall production.

Key Players listed in the Europe Dairy Packaging Market:

The companies covered in the report:

• Amcor Limited
• Alcoa Inc
• Ball Corporation
• DuPont (EI) de Nemours
• Reynolds Group Holdings Limited
• Crown Holdings, Inc
• Saint-Gobain S.A
• Tetra Laval International S.A