About Dairy Drink
The dairy drink includes flavored and non-flavored dairy beverages, milk consists of many nutritional properties, it is combination of probiotics, omega 3 fatty acids, phytosterols, minerals, fibers, and many other bioactive components. The dairy drink is widely consumed all around the world especially among health-conscious people, however allergy-related issues and consumption of other beverages associated with dairy drink might be the hindrance for market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. 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.
Nestle S.A. (Switzerland), Cargill, Incorporated (United States), Dohler Group SE (Germany), Corbion N.V. (Netherlands), Fairlife, LLC (Coca Cola) (United States), Lion Pty Limited (Australia), Meggle (Germany), Horizon (WhiteWave Services, Inc.) (United States), Dean Foods (United States), Byrne Dairy (United States) and Saputo Inc. (Canada) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Dairy Drink market by Type (Flavoured Milk and Modified Fresh Milks), Application (Household, Cafes, Restaurants and Others) and Region.
On the basis of geography, the market of Dairy Drink 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 Dairy Drink market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Bottle will boost the Dairy Drink market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging New Flavors in Dairy Drink and Increasing Consumption Among Health Conscious People
Market Growth Drivers:
Growing Health Awareness around the Globe and Demand for Dairy Products because of its Healthy Nutritious Content
Challenges:
Stringent Regulatory Standards on Dairy Drink
Restraints:
Allergy Associated with Consumption of Dairy Drink
Opportunities:
Growing Online Distribution Channel Will Boost the Dairy Drinks and Increasing Spendings on Dairy Drink Advertisement
Market Leaders and their expansionary development strategies
In November 2020, Bega cheese had acquired the Lion dairy drinks. The Acquisition expands and optimises Bega Cheese’s branded foods portfolio.
On 6th January 2020, The Coca-Cola Company has agreed to fully acquire US-based dairy beverage brand Fairlife, by purchasing the remaining 57.5% stake in the company from joint venture partner Select Milk Producers for an undisclosed sum. Fairlife launched in 2012, and the brand now markets a broad portfolio of dairy-based beverage products such as high-protein milkshakes, recovery drinks and ultra-filtered milk products.
Key Target Audience
Dairy Drink Manufacturers, Dairy Drink International Traders, Dairy Drink Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies 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.