About Flavoured Milk
Flavoured milk is a sweetened dairy drink made with milk, sugar, food colorings and artificial or natural flavorings often enriched with vitamins and calcium. It is often pasteurized using ultra-high temperature treatment, which gives it a longer shelf-life than plain milk. It contains a unique combination of nutrients important for growth and development in kids and for optimal health and disease prevention in adults.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 25.8% |
The flavored milk market remains competitive, with established players and emerging brands innovating to capture consumer attention. Understanding the diverse competitive strategies, market trends, and consumer preferences is crucial for players to navigate this dynamic market and secure a sustainable position. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Flavoured Milk 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.
Amul (India), Arla Foods (Denmark), AMPI (United States), Müller (China), Nestle SA (Switzerland), Danone (France), Dean Foods (United States), Yili Industrial Group Co. Ltd. (China), Dairy Farmers of America (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 Flavoured Milk market by Type (Dairy-Based and Plant-Based), Application (Food and Beverages) and Region.
On the basis of geography, the market of Flavoured Milk 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 Chanel, the sub-segment i.e. Supermarkets and Hypermarkets will boost the Flavoured Milk 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. Paper Based will boost the Flavoured Milk market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Flavour, the sub-segment i.e. Chocolate will boost the Flavoured Milk market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Demand for Innovative Products
Market Growth Drivers:
Longer Shelf Life and High Nutrient Content and Increased Interest of People in Nutritious and Healthy Food
Challenges:
Risk of Certain Diseases Associated With Flavoured Milk
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Changing Eating Habits of the People Worldwide and Growing Urbanization and Changing Lifestyles
Market Leaders and their expansionary development strategies
In April 2023, Global grains merchant Archer-Daniels-Midland (ADM.N) acquired Revela Foods, a Wisconsin-based developer and manufacturer of dairy flavor ingredients and solutions, to bolster the company's flavors portfolio.
In July 2021, Parle Agro, a homegrown beverages firm, has made a foray into India’s dairy segment with the launch of flavored milk products under the ‘Smoodh’ brand.
Key Target Audience
Flavoured Milk Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
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.