Global Flavoured Milk Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Flavoured Milk Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Type (Dairy Based, and Plant Based), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialist Stores, Online Retail Stores, and Other Distribution Channels), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
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.