Global Flavored Milk Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027
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MarketResearch.biz delivers in-depth insights on the global flavored milk market in its upcoming report titled, “Global Flavored Milk Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global flavored milk market is estimated to register a CAGR of XXX% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global flavored milk market report has been segmented on the basis of type, application, packaging, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analysed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Flavored milk is composed of milk, sugar, colorings, and artificial or natural flavorings. Flavored milk is often pasteurized using ultra-high-temperature (UHT) treatment, which gives a longer shelf-life. Flavored milk is a great source of vitamins and protein. The nutrients in flavored milk including calcium, magnesium, phosphorus, potassium, protein, and vitamin D, which are necessary for developing strong bones, teeth as well as for overall health. The major outlets for flavored milk includes railway stations, air-ports, bus-stands, tourist spots, picnic centers, cold drink stalls, hostels, restaurants, coffee bars or fast food restaurants, clubs, school canteens etc. The flavored milk is available in different flavors such as strawberry, chocolate and vanilla flavors etc. and in various types such as fat free, low fat ranges etc.
Key factor expected to drive growth of the global flavored milk market is increasing demand for nutritious and healthy food. In addition, rising consumer preference for different flavors, increasing disposable income, growing population, efficient distribution channels, increasing outlets for beverages are the factors boosting the demand for global flavored milk market. However, high sugar content which may cause health hazards such as high blood sugar, diabetes may restraint the growth of the global flavored milk market in the near future.
Key market players are focusing on new product launches with new flavor & taste, collaborations & mergers, and acquisitions to expand their global presence. Established players in the global flavored milk market are directing towards formation of strong network of retailers & distributors, in order to expand their market as well as geographical presence. Manufactures are shifting towards developing organic flavored milk with natural flavor & color as well as developing whole, reduced-fat, low-fat or fat-free for health-conscious consumer.
Asia Pacific is expected to register highest CAGR for flavored milk, owing to, large scale consumption of dairy products, and changing lifestyle along with the change in consumer’s taste and preferences. In China, Indonesia, and India the demand for flavored milk is propelling high over the past few years. In North America and Europe, the demand for flavored milk is expected to increase, owing to rising concern of individuals regarding health and healthy lifestyle.
GLOBAL FLAVORED MILK MARKET SEGMENTATION:
Segmentation by type
- Other (grapes, orange, apple, fruity, etc.)
Segmentation by application:
Segmentation by packaging:
- Paper based
- Others (including metal etc.)
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Estimated Year 2020 Actual Year 2021 Forecast Period 2021–2030 Revenue in US$
- Yili Industrial Group Company Limited
- China Mengniu Dairy Company Limited
- Gujarat Cooperative Milk Marketing Federation Limited
- Mother Dairy Fruit and Vegetable Private Limited
- Danone Ltd.
- Kraft Foods Group, Inc.
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