About Dairy Products Beverages
Dairy products beverages are generally based on whole milk and by-products such as skim milk, buttermilk, among others. These beverages are ideal for adding value in terms of nutrition and functional additives. The growth in the demand for healthy dairy beverages and increasing disposable income of people and market players are constantly focusing on the new product launches of diary beverages which meets consumer requirements are the major driving agent in the growth of the very market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Dairy Products Beverages 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.
Nestlé S.A (Switzerland), Arla Foods amba (Denmark), The Kraft Heinz Company (United States), BASF SE (Germany), Chr. Hansen A/S (Denmark), Danone S.A (France), Eden Foods Inc. (United States), Kirin Holdings Company (Japan), MEGGLE Group (Germany) and Dean Foods (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Byrne Dairy (United States), Saputo Inc. (Canada) and Doe's & Diva's Dairy Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Dairy Products Beverages market by Type (Flavoured Milks, Modified Fresh Milks, UHT Milks and Other), Application (Business to Business (B2B) and Business to Consumer (B2C)) and Region.
On the basis of geography, the market of Dairy Products Beverages 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 Types, the sub-segment i.e. Milk will boost the Dairy Products Beverages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Hypermarket/Supermarket will boost the Dairy Products Beverages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Market Players are Offering Variety of Flavours in Dairy-Based Beverages and Adoption of Online Platform by Various Retailers
Market Growth Drivers:
Growing Demand of Dairy-Based Beverages across the World, Increasing Number of Health Conscious Customers Globally and An Upsurge in the Demand for Clean Level Products, Especially in Developed Nations
Challenges:
The Fluctuation of Dairy Product Beverages Prices
Restraints:
Availability of Various Substitute includes Non-Dairy Based Beverages
Opportunities:
Growing Population and Changing Diets are Increasing Demand for Dairy Beverages Globally and Growth of a Healthy Snacking Culture and Higher Food Consumption Outside of the Home
Market Leaders and their expansionary development strategies
In 2020, Amul, a Dairy Giant based in India under Gujarat Co-operative Milk Marketing Federation and one of the fastest growing dairy processing companies in the world, has created history with launch of 33 products in a single quarter of 2020, which even included launch of Amul Sour Cream made from fresh fermented cream. Utilising its massive spread supply chain and network of distributers it did not limit itself just into dairy products line but also strengthened its FMCG products base.
Council Directive 2002/99/EC forms the legal basis for all animal health rules governing the production, processing, distribution and introduction of products of animal origin for human consumption. Moreover, all imports of milk and milk products into the EU must come from an approved establishment that has been authorised and listed for that purpose.
Key Target Audience
Dairy Products Beverages Manufacturers, Distributors, Raw Material Suppliers/Distributors, End Users 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.