Market Overview

The Global Sour Milk Drinks Market was valued at USD 7,289.1 million in 2023 and is expected to reach USD 10,574.0 million by 2031 while growing at a CAGR of 4.8% 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 sour milk drinks market growth. Sour milk drinks, created by fermenting milk with lactic acid bacteria, develop a tangy flavor and frequently include probiotics for digestive health. Enjoyed for centuries in diverse cultures, these beverages go by different names based on regional variations and production techniques.

Increasing demand for functional beverages and a preference for natural and organic products are driving the growth of the sour milk drinks market. However, obstacles like taste preferences, cultural differences, and supply chain disruptions may impede market expansion.

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

Segmentation – By Distribution Channel Analysis

The Global Sour Milk Drinks Market is segmented among Off-Trade and On-Trade, based on Distribution Channel. In 2023, Off-Trade 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 Sour Milk Drinks 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, Europe dominated the market with the highest market share, while Asia Pacific 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 Almarai Company, Dairy Farmers of America Inc., Green Valley Farms Market and Creamery, Gujarat Co-operative Milk Marketing Federation Ltd, Hiland Dairy Foods Company LLC, Lifeway Foods Inc., Nestlé SA, and Producers Dairy Foods Inc. (Umpqua Dairy).

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Sour Milk Drinks Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Sour Milk Drinks Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Sour Milk Drinks Market Segmentation, By Distribution Channel

• Global Sour Milk Drinks Market Share Analysis, By Distribution Channel

• Global Sour Milk Drinks Market Growth Analysis, By Distribution Channel

• Global Sour Milk Drinks Market Trends, By Distribution Channel

o Off-Trade

Ø Convenience Stores

Ø Online Retail

Ø Specialist Retailers

Ø Supermarkets and Hypermarkets

Ø Others Distribution Channels

o On-Trade

6. Global Sour Milk Drinks Market Segmentation, By Region

• Global Sour Milk Drinks Market Share Analysis, By Region

• Global Sour Milk Drinks Market Growth Analysis, By Region

• Global Sour Milk Drinks Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

7. Competitive Landscape

• Almarai Company*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Dairy Farmers of America Inc

• Green Valley Farms Market and Creamery

• Gujarat Co-operative Milk Marketing Federation Ltd

• Hiland Dairy Foods Company LLC

• Lifeway Foods Inc.

• Nestlé SA

• Producers Dairy Foods Inc. (Umpqua Dairy) 

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