(2020 - 2023) Global Flavored Milk Market, Trends, CAGR Status, Market Growth, Analysis and Forecast

Flavored Milk Market (2020 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The Flavored Milk market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

Flavored Milk Market report is anticipated to register a CAGR of 4.4% over a five years forecast period (2020 – 2023).”

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List of Major Key players operating in the Global Flavored Milk Market are –

  • Amul
  • China Mengniu Dairy
  • Dairy Farmers of America
  • Dean Foods
  • FrieslandCampina
  • Groupe Danone
  • Grupo Lala
  • Land O Lakes
  • Morinaga Milk Industry
  • Nestle
  • Yili Group

Market Insights

The global flavored milk market was valued at around 48 billion USD in 2015 and is expected to grow at a CAGR of more than 4.4% during the forecast period of 2020-2023. China Mengniu Dairy, one of the key vendors in the global flavored milk market, produces an estimated 8.68 million tons, annually.

Market Dynamics

Unscheduled eating habits, due to busy lifestyles, increases the demand for convenience foods, which is a key driver of the flavored milk market. The rising health consciousness of consumers also helps the growth of this market, as flavored milk contains many nutrients like calcium, potassium, and magnesium. Urbanization is another major driver of this market, as the increasing per capita income, along with changing consumer preferences, boosts the demand for flavored milk. However, substitutes like soft drinks and plant protein drinks pose a major threat to the market. Innovation helps the fight against the substitutes market, hence, vendors are introducing new flavors to attract customers.

Market Segmentation

The global flavored milk market has been segmented by packaging, distribution and geography. By packaging, the market is segmented into carton,pet bottles and others. On the basis of distribution channel, sale of flavoured milk is made through hypermarket/supermarket, convenience stores, online channel, specialist retailer and others.

Regional Analysis

The global flavored milk market has been geographically segmented into North America, Europe, South America, Africa and Asia-Pacific. The Asia-Pacific region leads the global flavored milk market with more than 60% share, regarding revenue, followed by North America. The market is expected to grow further in Asia-Pacific, due to high milk production in the region. Urbanization and an increase in the population also support the growth of this market. China takes the largest market share, regarding revenue, followed by the U.S and India. However, the market is expected to grow at a steady pace in South America and parts of Asia.

Competitive Environment

Flavored milk is the worlds second most popular liquid dairy product, after white milk. Vendors compete for innovation, pricing, and distribution. To remain competitive in the market, vendors are investing heavily in research and development. Product innovation, regarding new variants of flavors and attractive packaging, helps to capture consumer interest leading to higher consumption.

MAJOR PLAYERS - AMUL, CHINA MENGNIU DAIRY, DAIRY FARMERS OF AMERICA, DEAN FOODS, FRIESLANDCAMPINA, GROUPE DANONE, GRUPO LALA, LAND O LAKES, MORINAGA MILK INDUSTRY, NESTLE and YILI GROUP, among others.

Reasons to Purchase this Report

• Analyzing outlook of the market with the recent trends and Porters five forces analysis
• Market dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
• Competitive landscape involving the market share of major players along with the key strategies adopted for development in the past five years
• Comprehensive company profiles covering the product offerings, key financial information,

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Scope of the Report:

The report analyses Flavored Milk market, which includes –

  • Analysis of the growth of Flavored Milk market in global and regional level including Asia-Pacific, Americas, and EMEA.
  • The report provides Flavored Milk market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
  • The report offers country level Flavored Milk market volume and value by end-user segment for the period 2012-2023.
  • Qualitative analysis of key market drivers and restraints, and analysis of their impacts on Flavored Milk market are discussed.
  • The report provides competitive landscape at country level for the year 2020. It also covers key policies and initiatives, key deals, and key upcoming projects.

Highlighted points of Flavored Milk Market Report:

  • Varying dynamics of the Flavored Milk industry.
  • Prospective changes in sales volumes and worldwide share growth in upcoming years (2020-2023).
  • Flavored Milk market report recognizes the key drivers of growth and challenges of the key industry players.
  • Competitors profiles along with product description, overview, and business data.
  • A complete analysis of market risks, opportunities, limitations, and growth of the market.
  • Market driving and restraining factors.
  • Delivers information on the historical and current market size and the future potential of the market.
  • Flavored Milk market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.

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Reasons to Purchase Flavored Milk Market Report:

  • The report analyses how stringent emission control norms will drive the global Flavored Milk market.
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
  • Study on the product type that is expected to dominate the market.
  • Study on the regions that are expected to witness the fastest growth during the forecast period.
  • Identify the latest developments, market shares and strategies employed by the major Flavored Milk market players.
  • 3 months’ analyst support along with the Market Estimate sheet (in excel).

In this study, the years considered to estimate the market size of Flavored Milk:

History Year: 2013-2017
Base Year: 2017
Estimated Year: 2020
Forecast Year 2020 to 2023

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