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 investigates the dynamic competitive landscape, offering crucial insights into market share data and detailed profiles of leading global companies. By extensively examining the Flavoured Milk Market, the study reveals the key factors driving regional variations in the industry's growth.
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Flavoured Milk Market Scope:
Following the market valuation phase, extensive primary research was carried out to gather, analyze, and verify essential data. This included evaluating market size, forecasting future trends, identifying key factors, and ensuring data accuracy through triangulation. Employing both top-down and bottom-up approaches, along with additional verification methods, we meticulously analyzed market segments and sub-segments. All collected data underwent rigorous qualitative and quantitative analysis, ensuring the report provides comprehensive insights.
Flavoured Milk Market Regional Insights
The detailed regional analysis in Flavoured Milk market research identifies key drivers and highlights regulatory changes shaping current and future market trends. By examining existing and emerging patterns, the research uncovers hidden market potential and identifies profitable opportunities to enhance market positioning. This evaluation, considering both present conditions and future developments, provides a solid foundation for understanding the dynamics across various 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 Flavoured Milk Market, valued at US$ 57.62 billion in 2023, is anticipated to grow at a CAGR of 8.2%, reaching US$ 100.05 billion by 2030. This growth is driven by the increasing demand for lactose-free and healthier beverage alternatives, particularly among consumers with lactose intolerance and those seeking to replace less healthy options like carbonated drinks and alcohol. Despite challenges such as the presence of lower-cost substitutes and health concerns related to additives, the market benefits from the rising consumer inclination towards dairy-based and plant-based flavoured milk products, as well as the expanding availability of these products in supermarkets and online platforms.
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