Market Overview

The Global Dairy Based Beverages Market was valued at USD 336,984.8 million in 2023 and is expected to reach USD 517,166.1 million by 2031 while growing at a CAGR of 5.5% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global dairy-based beverages market growth. Dairy-based beverages, primarily made from milk or its derivatives, encompass a range of products, including traditional milk, flavored drinks, smoothies, and formulations with dairy ingredients. Valued for both taste and nutritional content, these beverages are rich sources of essential nutrients like calcium, protein, and vitamins.

Increasing awareness of health and nutrition, along with ongoing innovation in the dairy-based beverage sector, drives the growth of the dairy-based beverages market. However, obstacles like lactose intolerance, dairy allergies, and competition from plant-based alternatives may hinder market expansion.

Furthermore, the global dairy-based beverages industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Type Analysis

The Global Dairy Based Beverages Market is segmented among Milk, Yogurt, Kefir, and Others, based on Type. In 2023, Milk accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Category Analysis

The Global Dairy Based Beverages Market is segmented among Flavoured drinks, and Unflavored drinks, based on Category. In 2023, Unflavored drinks accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Dairy Based Beverages Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Nestle SA, Arla Foods amba, Morinaga Nutritional Foods, Inc., Chr Hansen, Danone Groupe SA, Chobani, LLC., Pillars, Schreiber Foods, and China Mengniu Dairy Company Limited.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Dairy Based Beverages Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Dairy Based Beverages Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Dairy Based Beverages Market Segmentation, By Type  

• Global Dairy Based Beverages Market Share Analysis, By Type  

• Global Dairy Based Beverages Market Growth Analysis, By Type  

• Global Dairy Based Beverages Market Trends, By Type  

o Milk

o Yogurt

o Kefir

o Others

6. Global Dairy Based Beverages Market Segmentation, By Category   

• Global Dairy Based Beverages Market Share Analysis, By Category   

• Global Dairy Based Beverages Market Growth Analysis, By Category  

• Global Dairy Based Beverages Market Trends, By Category   

o Flavoured drink

o Unflavored drink

7. Global Dairy Based Beverages Market Segmentation, By Distribution Channel

• Global Dairy Based Beverages Market Share Analysis, By Distribution Channel

• Global Dairy Based Beverages Market Growth Analysis, By Distribution Channel

• Global Dairy Based Beverages Market Trends, By Distribution Channel

o Supermarkets/Hypermarkets

o Convenience Stores

o Specialty Stores

o Online Channels

o Others

8. Global Dairy Based Beverages Market Segmentation, By Region

• Global Dairy Based Beverages Market Share Analysis, By Region

• Global Dairy Based Beverages Market Growth Analysis, By Region

• Global Dairy Based Beverages Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

9. Competitive Landscape

• Nestle SA.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Arla Foods amba

• Morinaga Nutritional Foods, Inc.

• Chr Hansen

• Danone Groupe SA

• Chobani, LLC.

• Pillars

• Schreiber Foods

• China Mengniu Dairy Company Limited  

 *Similar analysis will be provided for each company listed above.