About Dairy Based Beverages
The dairy based beverages are expected to witness slow growth due to the economic situation, the consumer is more aware and conscious about their health. Hence they are trying to consume more healthy beverages like dairy based beverages which consists of more nutritious properties such as calcium, vitamins, potassium, etc. Moreover, dairy-based beverages are a great source of protein.
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.
Arla Foods amba (Denmark), BASF SE (Germany), Blue Diamond Growers (United States), Earth’s Own Food Company (Canada), Nestle SA (Switzerland), Southeast Bottling & Beverage (United States), Kerry Inc. (Ireland), Tetra Pak (Sweden) and Morinaga Milk Industry Co., Ltd (Japan) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Dairy Based Beverages market by Type (Flavoured Dairy Based Beverages, Unflavored Dairy Based Beverages, Drinking Yoghurt Dairy Based Beverages and Functional Dairy Based Beverages), Application (Bakeries, Confectionaries, Dairy Product Manufacturing and Others) and Region.
On the basis of geography, the market of Dairy Based 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 Distribution Channel, the sub-segment i.e. Convenience Stores will boost the Dairy Based Beverages 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. Can will boost the Dairy Based Beverages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Consumption of Functional Dairy Based Beverages and The Popularity of Dairy Based Beverages Among Children
Market Growth Drivers:
Increasing Consumption of Dairy Products Because of its Health Nutritious Content Such as Calcium, Phosphorus, Vitamins, Potassium, etc and Changing Taste Preferences of People Towards Dairy Products
Challenges:
Stringent Regulatory Guidelines Regarding Dairy Based Beverages
Restraints:
Allergy-Related Issues with the Consumption of Dairy Based Beverages
Opportunities:
Growing Demand From Emerging Economies as they are Becoming More Health Conscious
Market Leaders and their expansionary development strategies
In January 2020, The Coca-Cola Company had acquired US-based dairy beverage brand Fairlife. in this acquisition will help ensure that we continue to build on Fairlife’s innovative history.
On 6th May 2020, Blue Diamond Growers, a nonprofit grower-owned cooperative and the world’s leading processor and marketer of almonds, marked its 110-year anniversary announced about the completion of two key infrastructure expansions. The company also was recently recognized by Boston Consulting Group & IRI as one of the Top 10 Fastest-Growing Mid-Size CPGs for the fourth consecutive year. As part of Blue Diamond’s long-range strategic vision, two major expansions at the co-op’s facilities in heart of California’s Central Valley almond growing region, have been completed or are nearing completion this month. Groundbreaking ceremonies for both projects were held last year.
Key Target Audience
Dairy Based Beverages Manufacturers, Dairy Based Beverages International Traders, Dairy Based Beverages Distributors and Suppliers, Research and Development Institutes, Potential Investor, 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.