Global Dairy Beverage- Market Overview:
The beverages are very beneficial for people of all age groups. There are a wide range of products beyond just plain milk. Dairy beverages include condensed milk, yogurt, buttermilk, powder milk, and many others. In dairy beverages, various nutrients are present, such as calcium, protein, vitamins, which keep muscles, bones, nerves, and vision healthy, release energy from food, reduce tiredness and fatigue, maintain healthy blood pressure, and support normal growth and development. The dairy beverages are also widely utilized in the manufacturing of dairy products, confectioneries, bakeries, and many others. Developing economies and rising disposable income are witnessing significant demand for dairy products.
As per latest study released by AMA Research, the Global Dairy Beverage- market is expected to see growth rate of 5.8% and may see market size of USD105670.0 Million by 2028.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
The increased importance of organic dairy-based beverages.
Market Growth Drivers:
Increasing adoption of healthy foods habits. and Rising demand for functional beverages
Challenges:
Shift consumer preferences plant-based milk and dairy substitutes.
Restraints:
Fluctuation in raw material prices such as, cost of milk and Regulatory issues and changing food safety standards
Opportunities:
Focus on premium and functional dairy beverages.
Competitive Landscape:
Competition among existing players is due to the stiff market share occupied by leading players. The companies are implementing strategic activities such as acquisition and mergers along with collaboration with companies in other industries to help them in improving sustenance and maintaining their competitive advantages.
Some of the key players profiled in the report are Lactalis international (France), Lion (Japan), Dairy farmers of America Inc (United States), Nestle (Switzerland), Danone (France), Organic valley (United States), Fonterra co- operative group limited (New Zealand), Friesland Campina (Netherlands), Arla foods amba (Denmark), Yili. Com Inc (China), Saputo Inc (Canada), China Mengniu dairy company limited (China), Agropur (Canada), Schreiber (United States) and Kerry group Plc (Ireland). Additionally, following companies can also be profiled that are part of our coverage like Dohle co (Germany), Mother dairy food and vegetable Pvt.Ltd (India), Borden Dairy (United States), Parag milk foods (India) and Valio Ltd (Finland). Considering Market by Type, the sub-segment i.e. Fluid Milk will boost the Dairy Beverage- market. Considering Market by Packing, the sub-segment i.e. Cartons will boost the Dairy Beverage- market. Considering Market by Distribution Channel, the sub-segment i.e. Supermarket/Hypermarket will boost the Dairy Beverage- market.
Latest Market Insights:
In November 2022, Bega cheese limited has acquired the lion dairy and drinks. In this acquisition will create significant growth and deliver important consolidation and value creation. The expand product range, and accelerated the growth of product portfolio.
In May 2023, parle agro, a brand that is popular for introducing new innovation in the beverages industry has launched the smooth fruit smoothies a yet another pioneering product from their dairy brand. The new launch is an everyday indulgence, offering that delicious combination of yummy fruit and delightful flavours.
What Can be Explored with the Dairy Beverage- Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Dairy Beverage- Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Dairy Beverage-
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Dairy Beverage- market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Dairy Beverage- market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Supplier, Manufacturer, Research organization, Government regulatory and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.