Global Flavoured Milk Market, By Flavours (Chocolate, Vanilla, Butterscotch, Coconut, Strawberry, Coffee, Hazelnut and Others), Packaging (Paper-Based Packaging, Plastic Packaging, Glass Packaging and Metal Packaging), Distribution Channel (Store-Based and Non Store-Based), Country (U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Switzerland, Turkey, Netherlands, Russia, Poland, Denmark, Sweden, Romania, Belgium, Rest of Europe, China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, New Zealand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Brazil, Peru, Colombia, Rest of South America, South Africa, Saudi Arabia, U.A.E., Kuwait, Qatar, Ethiopia, Israel, Azerbaijan and Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Flavoured milk market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market is expected to grow USD 38.07 billion at a CAGR of 4.9% in the above-mentioned forecast period. Inclusion of flavored milk as part of school meal plans in several countries and awareness among the population has been directly impacting the growth of flavoured milk market.
Flavoured milk is a dairy product made by mixing milk, sugar or candy, colouring, and natural or artificial flavors. Aromatic milk provides essential nutrients such as calcium, potassium, vitamins, phosphorus, and protein. Aromatic milk is one of the healthiest products in the food and beverage industry. Its health benefits are an incentive to the market as consumers move toward healthier lifestyles. Also, the shelf life on the shelf and increased demand for refrigerated dairy products increases the growth of the fragrant dairy market worldwide. The world-famous dairy industry is on the rise as consumption is still relatively low compared to other beverages such as soft drinks, strong drinks among others.
The rise in demand for lactose-free products globally is the main driving factor for the flavoured milk market. Consumption of health befitting products with high nutritive value and consumers’ changing lifestyles is also a driver for the flavoured milk market. Flavored milk is a rich source of calcium, protein, vitamins and increased research and development in the packaging of flavoured milk is also a driver for the flavoured milk market. The rise in consumption of flavored milk by kids is an opportunity for the flavoured milk market.
The rise in the vegan population globally is a challenge for the growth of flavoured milk market. However, growing incidences of lactose tolerance are a strong force pulling the market backward and might foster the closure in some regions which is the main restraint for flavoured milk market during the forecast period of 2021-2028.
This flavoured milk market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research flavoured milk market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Nestle launched its Fruit `n Milk in the Delhi market, after having launched in Mumbai and Pune. The product is an extension of Nestle's dairy portfolio, which already has milk and UHT milk, among others. The ready-to-drink milk market just got another flavour, with the big-gun of the food industry.
Flavoured Milk Market Scope and Market Size
Flavoured milk market is segmented on the basis of flavours, packaging and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Flavoured milk market has been segmented based on flavours, into chocolate, vanilla, butterscotch, coconut, strawberry, coffee, hazelnut and others.
- Based on packaging, the flavoured milk market is segmented into paper-based packaging, plastic packaging, glass packaging and metal packaging.
- Based on distribution channel, the flavoured milk market is segmented into store-based and non-store-based. Store-based is further segmented into hypermarkets & supermarkets, convenience stores and others.
Flavoured Milk Market Country Level Analysis
Flavoured milk market is analysed and market size insights and trends are provided by country, flavours, packaging and distribution channel as referenced above.
The countries covered in the flavoured milk market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the flavoured milk market due to growing disposable income and increasing demand for healthy beverages, while North America is expected to grow at the highest growth rate in the forecast period of 2021 to 2028 due to efficient and sustainable dairy production in these countries. Increased product innovations for flavored milk is also a factor for the flavoured milk market.
The country section of the flavoured milk market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Flavoured Milk Market Share Analysis
Flavoured milk market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to flavoured milk market.
The major players covered in the flavoured milk market report are Danone, The Kraft Heinz Company, Yili Industrial Group Company Limited, China Mengniu Dairy Company Limited, Mother Dairy Fruit & Vegetable Pvt. Ltd., Nestlé, Fonterra Co-operative Group, Lactalis International, Dean Foods, Hiland, Umang Daries Pvt. Ltd., DAIRY FARMERS OF AMERICA, FrieslandCampina, Arca Continental S.A.B. de C.V., Derechos reservados. LALA BRANDED PRODUCTS, LLC, Arla Foods amba, Associated Milk Producers Inc., MORINAGA MILK INDUSTRY CO.,LTD., Haldiram Snacks Pvt. Ltd., ITC Limited, The Hershey Company, Dairy Farmers of America, Inc, Borden Dairy Company. are among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Flavoured Milk Market
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