Market Overview:
The global flavored milk market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for healthy and nutritious food products, increasing disposable income of consumers, and growing awareness about the benefits of flavored milk. The global flavored milk market is segmented on the basis of type into long-life flavored milk and fresh flavoring milk. The long-life flavoring milk segment is expected to account for a larger share in terms of revenue in the global flavored milk market during the forecast period from 2018 to 2030. This can be attributed to its convenience and longer shelf life as compared with fresh flavoring milks. On the basis of application, supermarkets and hypermarkets are expected to account for a larger share in terms revenue in the global Flavored Milk Market duringthe forecast period from2018to2030 owingto their large customer baseand wide product offerings .
Product Definition:
Flavored milk is a drink that has been enhanced with natural or artificial flavors. The addition of flavors can make milk more palatable for people who do not enjoy the taste of plain milk. Flavored milk also contains added nutrients, such as calcium and vitamin D.
Long-Life Flavored Milk:
Long-life flavored milk is a product, which has more than 90 days shelf life. It is used as an ingredient in various dairy products such as ice cream, yogurt, and cheese. The growth factor for the market is increasing demand from developing countries like India and China where per capita consumption of dairy products is less but growing at a rapid rate owing to changing taste and health benefits.
Fresh Flavored Milk:
Fresh flavored milk is a dairy product, which contains cream and has been added with natural ingredients such as sweeteners, flavors and others. The product is available in different forms such as liquid, powder and others. It acts as an excellent substitute for the conventional products like chocolate milk or vanilla ice cream due to its fresh taste without any additives or preservatives.
The market for fresh flavored milk is growing rapidly due to increasing health concerns among consumers regarding artificial additives in regular milks.
Application Insights:
The supermarkets and hypermarkets segment led the global flavored milk market in 2017. The application is projected to witness significant growth over the forecast period owing to increasing consumer preference for flavored milk products, particularly in developed regions such as North America and Europe. Furthermore, growing demand for dairy products from a wide range of consumers including millennials is expected to drive the product demand over the next eight years.
The independent retailers segment accounted for 20% of the overall market share in 2017 owing to an increase in retail outlets catering specifically towards convenience stores or small markets, which are located at rural areas or less populated areas where there are no big supermarkets available. Moreover, convenience stores have their own brand labels which enable them cater specific customer requirements without involving any third party suppliers thus driving product demand further during this period.
Regional Analysis:
North America is expected to be the largest regional market over the forecast period owing to high demand for flavored milk in countries, such as U.S., Canada, and Mexico. Moreover, rising awareness regarding a healthy lifestyle will drive product demand in this region. Asia Pacific is projected to be one of the fastest-growing regions due to increasing disposable income levels and changing lifestyles of consumers coupled with growing popularity of online shopping in countries like China and India among others will boost industry growth over the forecast period. Furthermore, increasing number of international retail chains stores including supermarkets like Tesco PLC; hypermarkets including Sainsbury's UK; retails stores such as 7-Eleven Japan Co.; convenience store chain Petrobras USA LLC; online retailers such as Amazon India Pvt Ltd.; BigBasket (India) Pvt Ltd.; Grofers (India) Pvt Ltd.; Milkman (India) Pvt Ltd.
Growth Factors:
- Increasing demand for flavored milk from the young population as a source of nutrition and health benefits.
- Rising disposable income of consumers, which enables them to purchase premium-priced flavored milk products.
- Growing popularity of dairy alternatives such as soy milk, almond milk, and coconut milk that are available in different flavors, which is expected to boost the demand for flavored milk products over the forecast period.
- Innovative product offerings by manufacturers in terms of flavor combinations and packaging formats to attract consumers’ attention towards these products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flavored Milk Market Research Report
By Type
Long-Life Flavored Milk, Fresh Flavored Milk
By Application
Supermarkets and Hypermarkets, Independent Retailers, Convenience Stores, Specialist Retailers, Online Retailers
By Companies
China Mengniu Dairy Company, Danone, Gujarat Cooperative Milk Marketing Federation (GCMMF), Inner Mongolia Yili Industrial Group, Nestle, Arla Foods, Associated Milk Producers, Bright Food, Dairy Farmers of America, Dean Foods, China Mengniu Dairy Company, Grupo Lala, Land O'Lakes Inc, Morinaga Milk Industry, Muller
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Flavored Milk Market Report Segments:
The global Flavored Milk market is segmented on the basis of:
Types
Long-Life Flavored Milk, Fresh Flavored Milk
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets and Hypermarkets, Independent Retailers, Convenience Stores, Specialist Retailers, Online Retailers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- China Mengniu Dairy Company
- Danone
- Gujarat Cooperative Milk Marketing Federation (GCMMF)
- Inner Mongolia Yili Industrial Group
- Nestle
- Arla Foods
- Associated Milk Producers
- Bright Food
- Dairy Farmers of America
- Dean Foods
- China Mengniu Dairy Company
- Grupo Lala
- Land O'Lakes Inc
- Morinaga Milk Industry
- Muller
Highlights of The Flavored Milk Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Long-Life Flavored Milk
- Fresh Flavored Milk
- By Application:
- Supermarkets and Hypermarkets
- Independent Retailers
- Convenience Stores
- Specialist Retailers
- Online Retailers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flavored Milk Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flavored milk is a type of milk that has been flavored with artificial or natural flavors.
Some of the major players in the flavored milk market are China Mengniu Dairy Company, Danone, Gujarat Cooperative Milk Marketing Federation (GCMMF), Inner Mongolia Yili Industrial Group, Nestle, Arla Foods, Associated Milk Producers, Bright Food, Dairy Farmers of America, Dean Foods, China Mengniu Dairy Company, Grupo Lala, Land O'Lakes Inc, Morinaga Milk Industry, Muller.
The flavored milk market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flavored Milk Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Flavored Milk Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flavored Milk Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Flavored Milk Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Flavored Milk Market Size & Forecast, 2020-2028
4.5.1 Flavored Milk Market Size and Y-o-Y Growth
4.5.2 Flavored Milk Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Long-Life Flavored Milk
5.2.2 Fresh Flavored Milk
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Supermarkets and Hypermarkets
6.2.2 Independent Retailers
6.2.3 Convenience Stores
6.2.4 Specialist Retailers
6.2.5 Online Retailers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flavored Milk Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flavored Milk Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Long-Life Flavored Milk
9.6.2 Fresh Flavored Milk
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Supermarkets and Hypermarkets
9.10.2 Independent Retailers
9.10.3 Convenience Stores
9.10.4 Specialist Retailers
9.10.5 Online Retailers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Long-Life Flavored Milk
10.6.2 Fresh Flavored Milk
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Supermarkets and Hypermarkets
10.10.2 Independent Retailers
10.10.3 Convenience Stores
10.10.4 Specialist Retailers
10.10.5 Online Retailers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Long-Life Flavored Milk
11.6.2 Fresh Flavored Milk
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Supermarkets and Hypermarkets
11.10.2 Independent Retailers
11.10.3 Convenience Stores
11.10.4 Specialist Retailers
11.10.5 Online Retailers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Long-Life Flavored Milk
12.6.2 Fresh Flavored Milk
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Supermarkets and Hypermarkets
12.10.2 Independent Retailers
12.10.3 Convenience Stores
12.10.4 Specialist Retailers
12.10.5 Online Retailers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Long-Life Flavored Milk
13.6.2 Fresh Flavored Milk
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Supermarkets and Hypermarkets
13.10.2 Independent Retailers
13.10.3 Convenience Stores
13.10.4 Specialist Retailers
13.10.5 Online Retailers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flavored Milk Market: Competitive Dashboard
14.2 Global Flavored Milk Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 China Mengniu Dairy Company
14.3.2 Danone
14.3.3 Gujarat Cooperative Milk Marketing Federation (GCMMF)
14.3.4 Inner Mongolia Yili Industrial Group
14.3.5 Nestle
14.3.6 Arla Foods
14.3.7 Associated Milk Producers
14.3.8 Bright Food
14.3.9 Dairy Farmers of America
14.3.10 Dean Foods
14.3.11 China Mengniu Dairy Company
14.3.12 Grupo Lala
14.3.13 Land O'Lakes Inc
14.3.14 Morinaga Milk Industry
14.3.15 Muller
