Flavoured Milk Share, Trends, Business Strategies and Opportunities with Key Players Analysis 2027

The IMARC Group provides extensive analysis of the flavoured milk industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

Flavoured Milk Market Overview:

The global flavoured milk market reached a value of US$ 46.3 Billion in 2020. Looking forward, IMARC Group expects the market to reach a value of US$ 69.7 Billion by 2026. Flavored milk is a type of processed, sweetened dairy beverage prepared by mixing milk with sugar and additional flavorings and colors. It is pasteurized to ensure product safety by destroying disease-causing microorganisms and promoting longer shelf life. Flavored milk is a rich source of proteins, carbohydrates, potassium, zinc, calcium, phosphorus, and vitamins that help build bones, improve immunity, and metabolism, and enhance skin texture. As a result, flavored milk is frequently consumed directly, as well as used to prepare baked goods. Currently, it is available in chocolate, vanilla, strawberry, banana, and almond flavors.

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Flavoured Milk Market Trends/Drivers:

The increasing consumption of various dairy products and the rising demand for lactose-free ready-to-drink (RTD) beverages, owing to the growing health consciousness, is primarily driving the flavored milk market growth. This can be further attributed to the growing consumer awareness regarding the numerous health benefits associated with product consumption. Furthermore, the rising uptake of flavored milk as an alternative to high-calorie, sugar-infused carbonated soft or sports drinks and fruit juices is impelling the market growth. Additionally, the advent of on-the-go, organic, artificial ingredient-free flavored milk variants with enhanced functional properties and effective packaging solutions is favoring the market growth. Apart from this, the employment of sustainable and efficient dairy production practices and strategic collaborations launching new ultra-high temperature (UTH) milk products across multiple distribution channels are supporting the market growth.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units Billion Litres, US$ Billion
Segment Coverage Flavour, Packaging, Distribution Channel, Region

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global flavoured milk market, along with forecasts at the global and regional levels from 2021-2026. Our report has categorized the market based on flavour, packaging and distribution channel.

Competitive Landscape:

Nestle S.A
Danone S.A
Arla Foods amba
Yili Industrial Group Co. Ltd.
Dairy Farmers of America Inc.
China Mengniu Dairy Company Limited.

Breakup by Flavour:

Chocolate
Fruit
Vanilla
Others

Chocolate currently represents the most preferred flavoured milk variant.

Breakup by Packaging:

Paper Based
Plastic Based
Glass Based
Metal Based

Among these, paper-based packaging accounts for the majority of the total market share.

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Others

At present, supermarkets and hypermarkets exhibit a clear dominance in the market.

Regional Insights:

Asia Pacific
North America
Latin America
Western Europe
Africa
Eastern Europe

On the geographical front, Asia Pacific holds the leading position in the market.

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Key highlights of the report:                                                           

Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Contact Us:

IMARC Group
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Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise

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