Market Overview:
The global flavoured 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 flavoured milk. Based on type, the global flavoured milk market is segmented into powder, premix, fresh, and dietary supplement. The powder segment is expected to account for the largest share of the global flavoured milk market in 2018. This can be attributed to its easy availability and low cost as compared to other types of flavoured milk products. Based on application, the global flavoured milk market is segmented into online sale and offline sales.
Product Definition:
A drinkable dairy product that is made by adding flavoring agents such as chocolate, strawberry, or vanilla to milk. It is often consumed by children and people who are lactose intolerant.
Powder:
Powder is a dry, granular substance that is added to milk products such as flavored milk. It can be sourced from animal or plant sources and has numerous applications in the food industry. The product helps enhance the nutritional value of dairy products by increasing their calcium content and also acts as an anti-caking agent which prevents formation of lumps during processing & transportation.
The global powder market was valued at USD 4,867 million in 2016.
Premix:
Premix is a blend of additives and proteins used in the manufacturing of flavoured milk. It helps to increase the shelf life, taste and texture of the final product. The premix market is driven by factors such as growing demand for dairy products with added nutritional benefits coupled with rising consumer inclination towards convenience foods.
Application Insights:
Offline sales dominated the global market with a share of over 80.0% in 2017. The segment is expected to lose some share to online sales over the forecast period owing to increasing consumer preference for purchasing goods through e-commerce portals due to convenience and ease of payment options provided by these platforms. Offline stores are also expected to benefit from increased product visibility as retailers have more opportunities of displaying their products on shelves, thus generating higher revenue margins for manufacturers.
Online sale application is projected register a CAGR of XX% from 2018to 2030 owingto growing demand among consumers globally who prefer purchasing food & beverages items online due largely in part that it offers cash on delivery facility at the time of order placement thereby eliminating waiting in queues at banks or post offices for payments before scheduled deliveries which has been driving growth across countries worldwide including India where majority population prefers this methodof purchase compared with others preferring offline stores or making purchases through friends.
Regional Analysis:
North America dominated the global market in 2017 owing to high demand for dairy products. The region is expected to witness significant growth over the forecast period on account of rising product consumption, especially among children and youth. Rising awareness regarding a healthy diet will also propel market growth over the coming years.
Asia Pacific is projected to be one of the fastest-growing regional markets from 2018 to 2030 owing to increasing disposable income levels and changing food preferences among consumers in developing countries such as China, India, Thailand, Malaysia and Indonesia. Moreover, growing exports from developed economies are anticipated to fuel demand for flavoured milk powder in emerging nations of APAC during the same period ‘’). Increasing health concerns have resulted in increased product consumption across this region which will further boost industry expansion over next eight years ‘’)'.
Growth Factors:
- Increasing disposable income of the consumers
- Changing lifestyle and growing demand for healthy food products
- Rising awareness about the health benefits of flavoured milk
- Growing popularity of dairy-free diets
- Innovative product launches
Scope Of The Report
Report Attributes
Report Details
Report Title
Flavoured Milk Market Research Report
By Type
Powder, Premix, Fresh, Dietary Supplement
By Application
Online Sale, Offline Sales
By Companies
Amul, Arla Foods, AMPI, Bright Food, Mengniu Dairy, Dairy Farmers of America, Danone, Dean Foods, FrieslandCampina, Grupo Lala, Amul, Land O’Lakes, Morinaga Milk, Muller, Nestle
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Flavoured Milk Market Report Segments:
The global Flavoured Milk market is segmented on the basis of:
Types
Powder, Premix, Fresh, Dietary Supplement
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
Online Sale, Offline Sales
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:
- Amul
- Arla Foods
- AMPI
- Bright Food
- Mengniu Dairy
- Dairy Farmers of America
- Danone
- Dean Foods
- FrieslandCampina
- Grupo Lala
- Amul
- Land O’Lakes
- Morinaga Milk
- Muller
- Nestle
Highlights of The Flavoured 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:
- Powder
- Premix
- Fresh
- Dietary Supplement
- By Application:
- Online Sale
- Offline Sales
- 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 Flavoured 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:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Flavoured milk is a type of milk that has been flavoured with artificial or natural ingredients. Flavoured milk can be made from cow, goat, or sheep's milk.
Some of the major players in the flavoured milk market are Amul, Arla Foods, AMPI, Bright Food, Mengniu Dairy, Dairy Farmers of America, Danone, Dean Foods, FrieslandCampina, Grupo Lala, Amul, Land O’Lakes, Morinaga Milk, Muller, Nestle.
The flavoured milk market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flavoured 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 Flavoured Milk Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flavoured 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 Flavoured 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 Flavoured Milk Market Size & Forecast, 2020-2028
4.5.1 Flavoured Milk Market Size and Y-o-Y Growth
4.5.2 Flavoured 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 Powder
5.2.2 Premix
5.2.3 Fresh
5.2.4 Dietary Supplement
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 Online Sale
6.2.2 Offline Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flavoured 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 Flavoured 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 Powder
9.6.2 Premix
9.6.3 Fresh
9.6.4 Dietary Supplement
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 Online Sale
9.10.2 Offline Sales
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 Powder
10.6.2 Premix
10.6.3 Fresh
10.6.4 Dietary Supplement
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 Online Sale
10.10.2 Offline Sales
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 Powder
11.6.2 Premix
11.6.3 Fresh
11.6.4 Dietary Supplement
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 Online Sale
11.10.2 Offline Sales
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 Powder
12.6.2 Premix
12.6.3 Fresh
12.6.4 Dietary Supplement
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 Online Sale
12.10.2 Offline Sales
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 Powder
13.6.2 Premix
13.6.3 Fresh
13.6.4 Dietary Supplement
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 Online Sale
13.10.2 Offline Sales
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 Flavoured Milk Market: Competitive Dashboard
14.2 Global Flavoured Milk Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amul
14.3.2 Arla Foods
14.3.3 AMPI
14.3.4 Bright Food
14.3.5 Mengniu Dairy
14.3.6 Dairy Farmers of America
14.3.7 Danone
14.3.8 Dean Foods
14.3.9 FrieslandCampina
14.3.10 Grupo Lala
14.3.11 Amul
14.3.12 Land O’Lakes
14.3.13 Morinaga Milk
14.3.14 Muller
14.3.15 Nestle
