Projection of Revenue Growth:
The Flavoured Milk Market reached a value of US$ 57.62 Bn. in 2023. The global market is expected to grow at a CAGR of 8.2% during the forecast period. The market is expected to reach a value of US$ 100.05 Bn. by 2030.
Flavoured Milk Market Overview:
The comprehensive market analysis explores the dynamic competitive landscape, providing vital insights into market share data and detailed profiles of major global companies. By thoroughly examining the Flavoured Milk Market, the study highlights the key factors influencing regional differences in industry growth.
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Flavoured Milk Market Scope:
After the market valuation phase, extensive primary research was performed to collect, analyze, and verify critical data. This involved evaluating market size, forecasting future trends, identifying key factors, and ensuring data accuracy through triangulation. Utilizing both top-down and bottom-up approaches, along with additional verification methods, we carefully examined market segments and sub-segments. The data collected was subjected to thorough qualitative and quantitative analysis, ensuring that the report offers comprehensive insights.
Flavoured Milk Market Regional Insights
The detailed regional analysis in Flavoured Milk market research identifies key drivers and highlights regulatory changes affecting current and future market trends. By examining both existing and emerging patterns, the research uncovers hidden market potential and identifies lucrative opportunities for enhancing market positioning. This evaluation, which takes into account both present conditions and future developments, provides a comprehensive understanding of the dynamics across different geographic markets.
Flavoured Milk Market Segmentation
by Type
Dairy-based
Plant-based
by Distribution Channel
Supermarket
Convenience Stores
Speciality Stores
Online Stores
Others
by Packaging
paper-Based Packaging
Plastic Packaging
Glass Packaging
Metal Packaging
by Flavors
Vanilla
Chocolate
Strawberry
Others
Flavoured Milk Market Key Players
1 Danone Ltd.
2 Kraft Foods Group, Inc.
3 Inner Mongolia Yili Industrial Group
4 Amul
5 Nestlé
6 Fonterra Co-operative Group
7 Lactalis International
8 Dean Foods
9 Hiland
10 Umang Daries Pvt. Ltd.
11 DAIRY FARMERS OF AMERICA
12 FrieslandCampina
13 Arca Continental S.A.B. de C.V.
14 Derechos reservados
15 LALA BRANDED PRODUCTS, LLC
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Conclusion:
The global flavoured milk market, valued at USD 57.62 billion in 2023, is anticipated to grow at a robust CAGR of 8.2%, reaching USD 100.05 billion by 2030. This growth is driven by increasing consumer demand for lactose-free and plant-based options, rising health awareness, and a shift away from sugary and alcoholic beverages. Despite challenges such as health concerns related to food additives and competition from lower-cost alternatives, the market is buoyed by the expanding popularity of flavoured milk in regions like Asia-Pacific and North America, which are experiencing significant growth due to rising incomes, innovative products, and efficient dairy production practices. As consumers continue to prioritize health and convenience, flavoured milk's diverse offerings and extended shelf life position it well for sustained market expansion.
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