About Flavored Dairy
Flavored dairy includes products such as flavored milk, yogurt, cheese, butter, ice-cream, and some other, which contains the essential nutrients and vitamins as fresh white milk. Flavors like vanilla, chocolate, strawberry, saffron, and others are used to give the simple dairy products extra taste and nutrients. These flavored dairy products can be availed in the supermarket, convenience stores, online stores in a large variety and brands.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.4% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies.The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Flavored Dairy market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
General Mills, Inc., (United States), Dean Foods (United States), Nestlé S.A. (Switzerland), Prairie Farms Dairy, Inc. (United States), Borden, Inc., (KKR & Co. Inc.) (United States), Danone S.A. (France), Mazoon Dairy Company SAOC (Oman) and Mother Dairy Fruit & Vegetable Pvt Ltd (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Flavored Dairy market by Type (Milk, Yogurt, Cheese, Ghee, Butter, Ice-cream and Other), Application (Cafes, Restaurants, Household and Others) and Region.
On the basis of geography, the market of Flavored Dairy has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Supermarket/Hypermarket will boost the Flavored Dairy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Flavors, the sub-segment i.e. Vanilla will boost the Flavored Dairy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Consumption of Flavored Dairy in the Cafes and Restaurants
Market Growth Drivers:
Increasing Demand for Dairy Products Because of Its Health Benefits and Demand for the Essential Vitamins and Minerals Lacking in Diets
Challenges:
Stringent Regulatory Standards on the Flavored Dairy Packaging and Labeling
Restraints:
Risk of Allergy-Related Problems with the Consumption of Flavored Dairy
Opportunities:
Surging Demand for the Flavored Dairy Products Among Developing Nations and Growing Food & Beverages and Confectionery Industry will Boost the Flavored Dairy Market
Market Leaders and their expansionary development strategies
In December 2023, Grains merchant Archer-Daniels-Midland (ADM.N), opens new tab said on Monday it will acquire Revela Foods, a Wisconsin-based developer and manufacturer of dairy flavor ingredients and solutions, to bolster the company's flavors portfolio.
On 25th August 2020, Oman’s Mazoon Dairy launches liquid dairy products in SIG carton packs. Mazoon Dairy seeks to position itself as a self-sufficient dairy producer in the country and establish a hub for food manufacturing. Mazoon Dairy’s new products are made available in four different volumes including 150ml, 200ml, 250ml, and 1,000ml. The new line of liquid dairy products includes various varieties such as chocolate, banana, and strawberry in the flavored milk segment of as well as orange, mango, guava, pomegranate, mixed berry and cocktail in the juice segment.
"FSSAI has also introduced new standards for camel milk, dairy whitener, edible lactose, flavored Dahi, fermented milk drinks like lassi, and revised the standards for cow milk, which will be uniform throughout the country. The revised standards have provision for adding micronutrients, probiotics, prebiotics, and enzymes in dairy products."
Key Target Audience
Flavored Dairy Manufacturers, Flavored Dairy International Traders, Flavored Dairy Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.