Market Forecast By Product Type (Butter , Cheese, Milk, Cream, Yoghurt, Buttermilk, Ice Cream , Lactose-Free Dairy Products), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Store, Online) And Competitive Landscape
Product Code: ETC017978 | Publication Date: Jun 2023 | Updated Date: Sep 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Romania Dairy Products market currently, in 2023, has witnessed an HHI of 2631, Which has decreased slightly as compared to the HHI of 2893 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Romania Dairy products Market |
Forecast period | 2024-2030 |
CAGR | 7.3% |
Growing Sector | Dairy |
The Romania Dairy Products Market report comprehensively covers the market by Product Type and Distribution Channel. The report provides an in-depth and thorough analysis of the current market trends, opportunities/high growth areas, and market drivers that will aid stakeholders in formulating and aligning their market strategies in accordance with the present and future market dynamics.
The Romania Dairy Products Market is projected to see significant growth during the forecast period. This growth can be attributed to the increasing demand for healthy and fresh food, rising disposable income, and changing dietary habits.
According to 6Wresearch, the Romania Dairy Products Market is predicted to grow at a CAGR of 7.3% during the forecast period. The growth of the Romania Dairy Products Market can be attributed to various factors such as rising health consciousness among consumers. Moreover, technological advancements in production capabilities coupled with growing focus on sustainable packaging solutions are further aiding the sector`s expansion. Additionally, rising consumption of convenience foods among the young population is another factor stimulating industry growth prospects over the coming years. Furthermore, product innovations such as flavoured milk and lactose free cheese are gaining traction among health conscious consumers thus providing an impetus to overall business growth potential in Romania.
Despite the positive growth prospects, the Romania Dairy Products Market also faces challenges. The fluctuating prices of raw materials such as milk and feed for dairy animals is a primary challenge. This can affect the overall production costs and profit margins for dairy product manufacturers. Additionally, there are concerns regarding food safety and quality standards in the industry, which can hinder market growth if not addressed effectively. Another challenge faced by the industry is the lack of infrastructure and transportation facilities in rural areas, leading to difficulties in reaching remote regions with dairy products. This limits the market reach and potential customer base for companies operating in these areas.
Key players in the Romania Dairy Products Market include international brands like Nestle SA, Groupe Lactalis, Alpura, Leche Gloria S.A., Fonterra Co-operative Group Limited, and Grupo Gloria. These companies are investing in R&D to create innovative and health-focused dairy products to expand their reach within the market.Currently, Alpura holds the largest share in the market.
Romania's dairy products market is governed by a combination of national laws and European Union (EU) regulations that ensure food safety, quality, and environmental sustainability. As an EU member state, Romania must comply with the EU's Common Agricultural Policy (CAP), which includes stringent standards for dairy production, processing, and labeling. These regulations are designed to protect consumer health, promote sustainable agricultural practices, and ensure fair competition within the internal market. Romanian dairy producers must adhere to strict hygiene practices, with regular inspections to ensure compliance with EU food safety directives.
The Romania Dairy Products Market is expected to continue its growth trajectory in the coming years, driven by factors such as increasing population, rising health consciousness, and government support. Additionally, with the growing trend towards healthy and sustainable diets, there is potential for growth in organic and plant-based dairy products. Consumer preferences are also shifting towards lactose-free and organic options, which are expected to drive further innovation in the market. Moreover, with the rising trend of e-commerce, online sales of dairy products are expected to contribute significantly to market growth.
According to Dhaval, Research Manager, 6Wresearch, Milk holds the dominant market share due to its universal appeal and wide usage.
Supermarkets & Hypermarkets are expected to hold the dominant share due to the convenience factor and wide product range.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Romania Dairy products Market Overview |
3.1 Romania Country Macro Economic Indicators |
3.2 Romania Dairy products Market Revenues & Volume, 2020 & 2030F |
3.3 Romania Dairy products Market - Industry Life Cycle |
3.4 Romania Dairy products Market - Porter's Five Forces |
3.5 Romania Dairy products Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 Romania Dairy products Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Romania Dairy products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Romania Dairy products Market Trends |
6 Romania Dairy products Market, By Types |
6.1 Romania Dairy products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Romania Dairy products Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 Romania Dairy products Market Revenues & Volume, By Butter , 2020-2030F |
6.1.4 Romania Dairy products Market Revenues & Volume, By Cheese, 2020-2030F |
6.1.5 Romania Dairy products Market Revenues & Volume, By Milk, 2020-2030F |
6.1.6 Romania Dairy products Market Revenues & Volume, By Cream, 2020-2030F |
6.1.7 Romania Dairy products Market Revenues & Volume, By Yoghurt, 2020-2030F |
6.1.8 Romania Dairy products Market Revenues & Volume, By Buttermilk, 2020-2030F |
6.1.9 Romania Dairy products Market Revenues & Volume, By Lactose-Free Dairy Products, 2020-2030F |
6.1.10 Romania Dairy products Market Revenues & Volume, By Lactose-Free Dairy Products, 2020-2030F |
6.2 Romania Dairy products Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Romania Dairy products Market Revenues & Volume, By Supermarkets & Hypermarkets, 2020-2030F |
6.2.3 Romania Dairy products Market Revenues & Volume, By Convenience Store, 2020-2030F |
6.2.4 Romania Dairy products Market Revenues & Volume, By Online, 2020-2030F |
7 Romania Dairy products Market Import-Export Trade Statistics |
7.1 Romania Dairy products Market Export to Major Countries |
7.2 Romania Dairy products Market Imports from Major Countries |
8 Romania Dairy products Market Key Performance Indicators |
9 Romania Dairy products Market - Opportunity Assessment |
9.1 Romania Dairy products Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 Romania Dairy products Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Romania Dairy products Market - Competitive Landscape |
10.1 Romania Dairy products Market Revenue Share, By Companies, 2023 |
10.2 Romania Dairy products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |