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Flavoured Milk Market Global Forecast 2021-2027, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Opportunity Key Players Analysis

  • ID: 5447676
  • Report
  • September 2021
  • Region: Global
  • 165 Pages
  • Renub Research

FEATURED COMPANIES

  • Arla Foods amba
  • Danone SA
  • Hershey's
  • Saputo Inc.
Flavoured milk is ready to drink produced from milk by adding sweetener, flavour, and even stabilizers. Indeed, flavoured milk products often have a higher shelf life than plain milk products due to reliance on high-temperature pasteurization. In the global market, the tastes and flavours are aiding the expansion of the flavoured milk market. Consequently, the flavoured milk market also purveys to augmented demand for refrigerated milk products. Consumers around the world have evolved peculiar tastes, which are essential for market players to cater through. According to the publisher, the Global Flavoured Milk Market is projected to reach US$ 50.41 Billion by 2027.



Nutrient-rich flavoured milk comes in various flavours that offer the same unique nutrient package of nine essential nutrients like Calcium, Potassium, Phosphorus, Protein, Vitamins A, D and B12, Riboflavin and Niacin present in unflavoured milk. By flavours the global flavoured milk comes in flavours such as chocolate, fruit, and vanilla. Flavoured milk is the most popular milk choice, a highly palatable, nourishing beverage that can help meet prevailing daily dairy food and calcium intake recommendations, particularly for children. Further, the new developments in flavours and packaging are trending in the global flavoured milk market, with companies introducing locally preferred flavours. Remarkably, there is a preference for fruit flavours among youngsters.

Advancement in Packaging Techniques has helped the Dairy Companies to make more Profit on the Flavoured Milk Products


In addition, the rising consumption of flavoured milk and changing lifestyles has challenged the global industry to develop deeper into more innovative packaging solutions. Packaging that is durable, cost-effective, and recyclable exert less energy and water and emit more negligible greenhouse gases. The advancement in packaging techniques has helped the dairy companies extend the shelf life of the flavoured milk products and facilitate their transport to the global market. Based on packaging, the flavoured milk market in the report is segmented as paper-based packaging, plastic-based packaging, glass bottles, and metal cans.

In recent years, the boom in the global retail sector has triggered the way milk is packaged. Plastic packaging offers cascading benefits to the value chain in the form of extended food life without needing refrigeration and reduced transportation emissions. Also, using plastic packaging instead of cartons is further helping to cut down environmental costs to nearly four times less than conventional alternatives. As per the analysis, The Global Flavoured Milk Industry will likely grow at a CAGR of 5.54% from 2020-2027.

COVID-19 Impact Flavoured Milk Market Size


The COVID-19 pandemic outbreak has created a situation of uncertainty in the market growth of many industries globally. The pandemic outbreak has affected factors and has changed the complete dynamics of the market in ways that are hard to believe. As fact to be believed, as per the analysis market will recover during the forecast period.

Based on Distribution Channels


The market is segmented as convenience stores, supermarkets/ hypermarkets, and online retail stores. Flavoured Milk distribution channels present globally outline the overall game plan for finding clients and customers for the industry. The numerous strategy incorporated by the distribution channels works in co-ordination with the 5 Ps of marketing (place, price, product, promotion and people) to develop the tactics and actions that will achieve the global distribution objectives. the research suggests that Worldwide Flavoured Milk Market Size was valued US$ 34.56 Billion in 2020.

Regional Analysis: Asia-Pacific is emerging as a big market for Flavoured Milk


The global flavoured milk market report revolves around key regions, including North America, Europe, Asia-Pacific, South America and Middle East & Africa. The regional markets are witnessing high levels of milk consumption, and flavoured products have gained a prominent position globally due to their prevalence in public schools, particularly in the North American region. Additionally, the Asia Pacific region market is witnessing a growing demand for flavoured milk products because of the rising disposable incomes in the area. The Asia-Pacific region also presents a significant opportunity for global players. Due to the lack of long-established innovations in the region, there is substantial scope for introducing new variants of flavoured milk.

Companies Launching Low-Sugar and Fat-Free Varieties of Flavoured Milk Products to garner the Diabetic and Health-Conscious Customers


Furthermore, the global flavoured milk market is fragmented with a few global players such as Nestlé S.A., Danone SA, Arla Foods Amba, Saputo Inc., Hershey's and Fonterra Co-operative Group. The key players are observed to be launching flavoured milk varieties with enhanced functional properties. Moreover, the key players also offer low-sugar and fat-free varieties of flavoured milk products to penetrate the increased diabetic and health-conscious population. Companies are introducing on-the-go flavoured milk to increase their offerings and customer base, acknowledging the opportunity posed by busier lifestyles and the necessity for convenience.

This latest report “Flavoured Milk Market, Global Forecast By Type (Long-Life Flavoured Milk, Fresh Flavoured Milk and Other), Flavour (Chocolate, Fruit, Vanilla and Others), Application (Powder, Premix, Fresh and Others), Packing Type (Paper Based, Plastic Based, Glass Based, Metal Based and Others), Distribution Channel (Hypermarkets/Supermarket, Convenience Stores, Online and Others), Region (North America, Europe, Asia-Pacific, South America and Middle East & Africa), Key Players (Danone SA, Arla Foods Amba, Saputo Inc., Hershey's and Fonterra Cooperative Group)” provides a detailed analysis of Global Flavoured Milk Industry.

Type - Global Flavoured Milk Market has been covered from 3 viewpoints:


1. Long-Life Flavoured Milk
2. Fresh Flavoured Milk
3. Other

Flavour - Global Flavoured Milk Market has been covered from 4 viewpoints:


1. Chocolate
2. Fruit
3. Vanilla
4. Others

Application - Global Flavoured Milk Market has been covered from 4 viewpoints:


1. Powder
2. Premix
3. Fresh
4. Others

Packing Type - Global Flavoured Milk Market has been covered from 5 viewpoints:


1. Paper Based
2. Plastic Based
3. Glass Based
4. Metal Based
5. Others

Distribution Channel - Global Flavoured Milk Markethas been covered from 5 viewpoints:


1. Hypermarkets/Supermarket
2. Convenience Stores
3. Online
4. Others

Region - Global Flavoured Milk Market has been covered from 5 viewpoints:


1. North America
2. Europe
3. Asia-Pacific
4. South America
5. Middle East & Africa

Key Players Analysis


1. Danone SA
2. Arla Foods amba
3. Saputo Inc.
4. Hershey's
5. Fonterra Co-orperative Group
Frequently Asked Questions about the Global Flavoured Milk Market

What is the estimated value of the Global Flavoured Milk Market?

The Global Flavoured Milk Market was estimated to be valued at $34.6 Billion in 2020.

What is the growth rate of the Global Flavoured Milk Market?

The growth rate of the Global Flavoured Milk Market is 5.5%, with an estimated value of $50.4 Billion by 2027.

What is the forecasted size of the Global Flavoured Milk Market?

The Global Flavoured Milk Market is estimated to be worth $50.4 Billion by 2027.

Who are the key companies in the Global Flavoured Milk Market?

Key companies in the Global Flavoured Milk Market include Danone SA, Arla Foods amba, Saputo Inc., Hershey's and orperative Group.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Arla Foods amba
  • Danone SA
  • Hershey's
  • Saputo Inc.

1. Introduction2. Research & Methodology3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global Flavoured Milk Market
6. Market Share - Global Flavoured Milk
6.1 By Type
6.2 By Flavour
6.3 By Application
6.4 By Packing Type
6.5 By Distribution Channel
6.6 By Region
7. Type - Global Flavoured Milk Market
7.1 Long-Life Flavoured Milk
7.2 Fresh Flavoured Milk
7.3 Other
8. Flavour - Global Flavoured Milk Market
8.1 Chocolate
8.2 Fruit
8.3 Vanilla
8.4 Others
9. Application - Global Flavoured Milk Market
9.1 Powder
9.2 Premix
9.3 Fresh
9.4 Others
10. Packing Type - Global Flavoured Milk Market
10.1 Paper Based
10.2 Plastic Based
10.3 Glass Based
10.4 Metal Based
10.5 Others
11. Distribution Channel - Global Flavoured Milk Market
11.1 Hypermarkets/Supermarket
11.2 Convenience Stores
11.3 Online
11.4 Others
12. Region - Global Flavoured Milk Market
12.1 North America
12.2 Europe
12.3 Asia-Pacific
12.4 South America
12.5 Middle East & Africa
13. Key Players Analysis
13.1 Danone SA
13.1.1 Overview
13.1.2 Recent Development
13.1.3 Revenue
13.2 Arla Foods amba
13.2.1 Overview
13.2.2 Recent Development
13.2.3 Revenue
13.3 Saputo Inc.
13.3.1 Overview
13.3.2 Recent Development
13.3.3 Revenue
13.4 Hershey's
13.4.1 Overview
13.4.2 Recent Development
13.4.3 Revenue
13.5 Fonterra Co-orperative Group
13.5.1 Overview
13.5.2 Recent Development
13.5.3 Revenue
List of Figures:
Figure-01: Global Flavored Milk Market (Billion US$), 2016 - 2020
Figure-02: Forecast for - Global Flavored Milk Market (Billion US$), 2021 - 2027
Figure-03: Type - Long-Life Flavored Milk Market (Million US$), 2016 - 2020
Figure-04: Type - Forecast for Long-Life Flavored Milk Market (Million US$), 2021 - 2027
Figure-05: Type - Fresh Flavored Milk Market (Million US$), 2016 - 2020
Figure-06: Type - Forecast for Fresh Flavored Milk Market (Million US$), 2021 - 2027
Figure-07: Type -Other Flavored Milk Market (Million US$), 2016 - 2020
Figure-08: Type - Forecast for Other Flavored Milk Market (Million US$), 2021 - 2027
Figure-09: Flavored Types - Chocolate Flavor Market (Million US$), 2016 - 2020
Figure-10: Flavored Types - Forecast for Chocolate Flavor Market (Million US$), 2021 - 2027
Figure-11: Flavored Types - Fruit Flavor Market (Million US$), 2016 - 2020
Figure-12: Flavored Types - Forecast for Fruit Flavor Market (Million US$), 2021 - 2027
Figure-13: Flavored Types - Vanilla Flavor Market (Million US$), 2016 - 2020
Figure-14: Flavored Types - Forecast for Vanilla Flavor Market (Million US$), 2021 - 2027
Figure-15: Flavored Types - Others Flavor Market (Million US$), 2016 - 2020
Figure-16: Flavored Types - Forecast for Others Flavor Market (Million US$), 2021 - 2027
Figure-17: Application - Powder Market (Million US$), 2016 - 2020
Figure-18: Application - Forecast for Powder Market (Million US$), 2021 - 2027
Figure-19: Application - Premix Market (Million US$), 2016 - 2020
Figure-20: Application - Forecast for Premix Market (Million US$), 2021 - 2027
Figure-21: Application - Fresh Market (Million US$), 2016 - 2020
Figure-22: Application - Forecast for Fresh Market (Million US$), 2021 - 2027
Figure-23: Application - Others Market (Million US$), 2016 - 2020
Figure-24: Application - Forecast for Others Market (Million US$), 2021 - 2027
Figure-25: Packing Type - Paper Based Market (Million US$), 2016 - 2020
Figure-26: Packing Type - Forecast for Paper Based Market (Million US$), 2021 - 2027
Figure-27: Packing Type - Plastic Based Market (Million US$), 2016 - 2020
Figure-28: Packing Type - Forecast for Plastic Based Market (Million US$), 2021 - 2027
Figure-29: Packing Type - Glass Based Market (Million US$), 2016 - 2020
Figure-30: Packing Type - Forecast for Glass Based Market (Million US$), 2021 - 2027
Figure-31: Packing Type - Metal Based Market (Million US$), 2016 - 2020
Figure-32: Packing Type - Forecast for Metal Based Market (Million US$), 2021 - 2027
Figure-33: Packing Type - Others Market (Million US$), 2016 - 2020
Figure-34: Packing Type - Forecast for Others Market (Million US$), 2021 - 2027
Figure-35: Distribution Channel - Hypermarkets/Supermarket Market (Million US$), 2016 - 2020
Figure-36: Distribution Channel - Forecast for Hypermarkets/Supermarket Market (Million US$), 2021 - 2027
Figure-37: Distribution Channel - Convenience Stores Market (Million US$), 2016 - 2020
Figure-38: Distribution Channel - Forecast for Convenience Stores Market (Million US$), 2021 - 2027
Figure-39: Distribution Channel - Online Market (Million US$), 2016 - 2020
Figure-40: Distribution Channel - Forecast for Online Market (Million US$), 2021 - 2027
Figure-41: Distribution Channel - Others Market (Million US$), 2016 - 2020
Figure-42: Distribution Channel - Forecast for Others Market (Million US$), 2021 - 2027
Figure-43: North America - Flavored Milk Market (Million US$), 2016 - 2020
Figure-44: North America - Forecast for Flavored Milk Market (Million US$), 2021 - 2027
Figure-45: Europe - Flavored Milk Market (Million US$), 2016 - 2020
Figure-46: Europe - Forecast for Flavored Milk Market (Million US$), 2021 - 2027
Figure-47: Asia Pacific - Flavored Milk Market (Million US$), 2016 - 2020
Figure-48: Asia Pacific - Forecast for Flavored Milk Market (Million US$), 2021 - 2027
Figure-49: South America - Flavored Milk Market (Million US$), 2016 - 2020
Figure-50: South America - Forecast for Flavored Milk Market (Million US$), 2021 - 2027
Figure-51: Middle East and Africa - Flavored Milk Market (Million US$), 2016 - 2020
Figure-52: Middle East and Africa - Forecast for Flavored Milk Market (Million US$), 2021 - 2027
Figure-53: Danone SA - Global Revenue (Million US$), 2016 - 2020
Figure-54: Danone SA - Forecast for Global Revenue (Million US$), 2021 - 2027
Figure-55: Arla Foods Amba - Global Revenue (Million US$), 2016 - 2020
Figure-56: Arla Foods Amba - Forecast for Global Revenue (Million US$), 2021 - 2027
Figure-57: Saputo Inc. - Global Revenue (Million US$), 2016 - 2020
Figure-58: Saputo Inc. - Forecast for Global Revenue (Million US$), 2021 - 2027
Figure-59: Hershey's - Global Revenue (Million US$), 2016 - 2020
Figure-60: Hershey's - Forecast for Global Revenue (Million US$), 2021 - 2027
Figure-61: Fonterra Co-orperative Group - Global Revenue (Million US$), 2016 - 2020
Figure-62: Fonterra Co-orperative Group - Forecast for Global Revenue (Million US$), 2021 - 2027
List of Tables:
Table-01: Global - Flavored Milk Market Share by Type (Percent), 2016 - 2020
Table-02: Global - Forecast for Flavored Milk Market Share by Type (Percent), 2021 - 2027
Table-03: Global - Flavored Milk Market Share by Flavored Type (Percent), 2016 - 2020
Table-04: Global - Forecast for Flavored Milk Market Share by Flavored Type (Percent), 2021 - 2027
Table-05: Global - Flavored Milk Market Share by Application (Percent), 2016 - 2020
Table-06: Global - Forecast for Flavored Milk Market Share by Application (Percent), 2021 - 2027
Table-07: Global - Flavored Milk Market Share by Packing Type (Percent), 2016 - 2020
Table-08: Global - Forecast for Flavored Milk Market Share by Packing Type (Percent), 2021 - 2027
Table-09: Global - Flavored Milk Market Share by Distribution Channel (Percent), 2016 - 2020
Table-10: Global - Forecast for Flavored Milk Market Share by Distribution Channel (Percent), 2021 - 2027
Table-11: Global - Flavored Milk Market Share by Region (Percent), 2016 - 2020
Table-12: Global - Forecast for Flavored Milk Market Share by Region (Percent), 2021 - 2027
Note: Product cover images may vary from those shown
  • Danone SA
  • Arla Foods amba
  • Saputo Inc.
  • Hershey's
  • Fonterra Co-orperative Group
Note: Product cover images may vary from those shown

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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