According to the latest report by IMARC Group, titled “Flavoured Milk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global flavoured milk market size reached US$ 49.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 75.0 Billion by 2027, exhibiting a growth rate (CAGR) of 7.4% during 2022-2027.
Flavoured milk refers to a sweetened dairy drink that has a longer shelf life than conventional milk products. It consists of milk, sugar, sweeteners, preservatives, food colorings, and numerous artificial or natural flavours, such as mango, vanilla, chocolate, coffee and butterscotch. It is widely available as a pasteurized, refrigerated product or ultra-high-temperature (UHT) treated flavoured variant. It is rich in essential nutrients, including niacin, calcium, potassium, phosphorous, protein, riboflavin and vitamins A, D and B12. It is convenient to use and characterized by an appealing taste due to which it is gaining widespread popularity, especially among children.
Request a Free PDF Sample of the Report: https://www.imarcgroup.com/flavoured-milk-market/requestsample
Flavoured Milk Market Trends:
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.
Flavoured Milk Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global flavoured milk market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Nestle S.A
- Danone S.A
- Arla Foods amba
- Yili Industrial Group Co. Ltd.
- Dairy Farmers of America Inc.
- China Mengniu Dairy Company Limited.
Key Market Segmentation:
Breakup by Flavour:
Breakup by Packaging:
- Paper Based
- Plastic Based
- Glass Based
- Metal Based
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Stores
- Asia Pacific
- North America
- Latin America
- Western Europe
- Eastern Europe
Ask Analyst for Customization and Explore full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=713&flag=C
We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- 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.
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
134 N 4th St
Brooklyn, NY 11249, USA
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800