Market Overview

The Global Flavoured Milk Market was valued at USD 55,460.1 million in 2023 and is expected to reach USD 96,005.6 million by 2031 while growing at a CAGR of 7.1% 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 flavoured milk market growth. Flavoured milk, a dairy beverage enriched with sweeteners and natural/artificial flavorings, is created by blending traditional milk with ingredients like sugar, cocoa, or fruit extracts for a more appealing taste. It offers a variety of flavors to suit different consumer preferences.

Increasing consumer preferences for convenient beverages, continuous innovation in flavor development, and packaging drive the growth of the flavoured milk market. However, obstacles like growing health awareness and competitive pressure from healthy alternatives may hinder market expansion.

Furthermore, the global flavored milk industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Type Analysis

The Global Flavoured Milk Market is segmented among Dairy Based, and Plant Based, based on Type. In 2023, Dairy Based 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 Distribution Channel Analysis

The Global Flavoured Milk Market is segmented among Supermarkets/Hypermarkets, Convenience Stores, Specialist Stores, Online Retail Stores, and Other Distribution Channels, based on Distribution Channel. In 2023, Supermarkets/Hypermarkets 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 Flavoured Milk 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 North America 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, Meiji Holdings Co. Ltd., The Hershey Company, The Coca Cola Company, The Farmer's Cow, Dean Foods, Danone SA, Hiland Dairy, Dana Dairy Group, Saputo Inc, Godrej Group., and Parle Agro Private Limited.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Flavoured Milk Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Flavoured Milk Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Flavoured Milk Market Segmentation, By Type 

• Global Flavoured Milk Market Share Analysis, By Type 

• Global Flavoured Milk Market Growth Analysis, By Type 

• Global Flavoured Milk Market Trends, By Type 

o Dairy Based

o Plant Based

6. Global Flavoured Milk Market Segmentation, By Distribution Channel

• Global Flavoured Milk Market Share Analysis, By Distribution Channel

• Global Flavoured Milk Market Growth Analysis, By Distribution Channel

• Global Flavoured Milk Market Trends, By Distribution Channel

o Supermarkets/Hypermarkets

o Convenience Stores

o Specialist Stores

o Online Retail Stores

o Other Distribution Channels

7. Global Flavoured Milk Market Segmentation, By Region

• Global Flavoured Milk Market Share Analysis, By Region

• Global Flavoured Milk Market Growth Analysis, By Region

• Global Flavoured Milk Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Nestle SA*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Meiji Holdings Co. Ltd 

• The Hershey Company

• The Coca Cola Company

• The Farmer's Cow

• Dean Foods

• Danone SA

• Hiland Dairy

• Dana Dairy Group

• Saputo Inc

• Godrej Group

• Parle Agro Private Limited

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