Flavoured Milk Industry Size and Growth Projections: Regional Analysis to 2030

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A dairy product sweetened with sugar, milk, flavorings, and sometimes food coloring is called flavoured milk. It can be sold as a non-refrigerable product that has been treated at extremely high temperatures or as a pasteurized, chilled product. It can also be made by mixing milk and flavo

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 report offers a thorough overview of the Flavoured Milk Market, detailing market shares, key drivers, restraints, and growth opportunities. It encompasses both international and domestic markets, delivering insights into the landscape, trade dynamics, and significant regions of development.

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Flavoured Milk Market Report Scope and Research Methodology

The research for this report delivers a comprehensive analysis of the global Flavoured Milk Market, examining both value and volume aspects and including forecasts for the projected period. It features regional and country-level analyses to identify recent and future growth trends, prospects, and contributions to the market. The report includes essential metrics such as the Compound Annual Growth Rate (CAGR), market size, value, volume, revenue, sales, and other key factors. Each industry segment is evaluated based on its growth rate and market share. Additionally, the report provides an in-depth analysis of key market players by region, covering their revenue, financial status, and technological advancements, thereby offering insights into the competitive landscape. A bottom-up approach is used to accurately estimate the market size.

Flavoured Milk Market Regional Insights

The Flavoured Milk Market is divided into key regions—North America, Europe, Asia Pacific, the Middle East and Africa, and South America—providing a thorough understanding of its global presence and regional impact.

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 USD 57.62 billion in 2023, is poised for significant growth, projected to reach USD 100.05 billion by 2030, with a CAGR of 8.2%. This expansion is driven by increasing demand for lactose-free dairy products, rising consumer health consciousness, and a shift away from less healthy beverage options. While health concerns regarding additives and competition from lower-cost alternatives pose challenges, the market is buoyed by innovations in dairy and plant-based offerings and the growth of online retail channels. The Asia Pacific region currently leads the market, with strong demand in countries like China and India, while North America is expected to experience substantial growth due to advancements in dairy production and research.

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