Global Flavoured Milk Market Overview
According to SPER Market Research, the Global Flavoured Milk Market is estimated to reach USD 128.77 billion by 2033 with a CAGR of 8.24%.
The global flavoured milk market refers to the market for milk beverages that have been flavoured with different ingredients such as chocolate, strawberry, vanilla, and other flavours. The demand for flavoured milk has been growing due to its taste, nutritional value, and convenience. Flavoured milk is considered a healthy alternative to carbonated drinks and has gained popularity among health-conscious consumers. The market is driven by increasing disposable incomes, changing lifestyles, and rising awareness of the health benefits of flavoured milk. The Asia-Pacific region is expected to dominate the market due to a large population and increasing demand for flavoured milk products.
Exploring the Growth Drivers of the Global Flavoured Milk Market.
The global flavoured milk market has experienced significant growth in recent years due to several factors. One of the primary drivers is the increasing demand for healthy and convenient beverages among consumers. Flavoured milk is considered a healthier alternative to carbonated drinks, and its convenience has made it a popular choice among consumers. The growing popularity of on-the-go beverages and the expanding retail sector have also contributed to the growth of the market. Moreover, the availability of different flavours and packaging options has made flavoured milk more appealing to a wider range of consumers. Finally, the rising disposable incomes and changing lifestyles of consumers have also led to an increase in demand for flavoured milk products globally.
What challenges does the Global Flavoured Milk Market face?
The global flavoured milk market faces several challenges that may impact its growth. One of the main challenges is the increasing demand for healthier and more sustainable packaging options. Consumers are becoming more conscious of their environmental impact, and therefore, are looking for packaging options that are recyclable and biodegradable. Another challenge is the fluctuation in the prices of raw materials, such as milk and flavours, which can impact the pricing of flavoured milk products. Additionally, the intense competition in the market has made it challenging for companies to differentiate their products and gain market share. Finally, the changing regulations and standards in different regions may also pose a challenge for companies operating in the global flavoured milk market.
In what ways has the COVID-19 pandemic affected Global Flavoured Milk Market?
The COVID-19 pandemic has had a significant impact on the global tea bag packaging market. With the implementation of lockdowns and restrictions on movement, the demand for tea bags has increased as more people stayed at home and consumed more tea. This increase in demand has led to a surge in tea bag packaging sales. However, the pandemic has also led to supply chain disruptions, which have resulted in delays in the production and delivery of tea bag packaging products. Moreover, the pandemic has led to an increased focus on hygiene and safety, which has resulted in a need for tea bag packaging companies to implement more stringent health and safety protocols in their production facilities.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Flavour, By Packaging, By Distribution Channel
|
| Regions covered | North America, Europe, Asia Specific, Middle East and Africa, South America, Others
|
| Companies Covered | Arla Foods amba, Danone SA, Fonterra Co-Operative Group, Gujrat Cooperative Milk Marketing Federation Ltd, Molkerei Alois Müller Gmbh & Co. Kg, Nestle S.A., Saputo Inc, The Hershey Company, Others
|
Key Target Audience:
- Consumers
- Food and Beverage Manufacturers
- Distributors
- Retailers
Global Flavoured Milk Market Segmentation:
1. By Flavour:
- Global Flavoured Milk Market Value Share and Forecast, By Flavour, 2023-2033
- Chocolate
- Fruits
- Vanilla
- Others
2. By Packaging:
- Global Flavoured Milk Market Value Share and Forecast, By Packaging, 2023-2033
- Paper Based
- Glass Based
- Metal Based
3. By Distribution Channel:
- Global Flavoured Milk Market Value Share and Forecast, By Distribution Channel, 2023-2033
- Supermarket and Hypermarket
- Convenience Stores
- Speciality Stores
- Online
- Others
4. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:- Global Flavoured Milk Market Size (FY’2023-FY’2033)
- Overview of Global Flavoured Milk Market
- Segmentation of Global Flavoured Milk Market By Flavour (Chocolate, Fruits, Vanilla, Others)
- Segmentation of Global Flavoured Milk Market By Packaging (Paper based, Glass based, Metal based, Others)
- Segmentation of Global Flavoured Milk Market By Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online, Others)
- Statistical Snap of Global Flavoured Milk Market
- Growth Analysis of Global Flavoured Milk Market
- Problems and Challenges in Global Flavoured Milk Market
- Competitive Landscape in the Global Flavoured Milk Market
- Impact of COVID-19 and Demonetization on Global Flavoured Milk Market
- Details on Recent Investment in Global Flavoured Milk Market
- Competitive Analysis of Global Flavoured Milk Market
- Key Players in the Global Flavoured Milk Market
- SWOT Analysis of Global Flavoured Milk Market
- Global Flavoured Milk Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Flavoured Milk Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Flavoured Milk Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Flavoured Milk Market
7. Global Flavoured Milk Market, By Flavour (USD Million)
7.1. Global Flavoured Milk Market Value Share and Forecast, By Flavour, 2023-2033
7.2. Chocolate
7.3. Fruits
7.4. Vanilla
7.5. Others
8. Global Flavoured Milk Market, By Packaging (USD Million)
8.1. Global Flavoured Milk Market Value Share and Forecast, By Packaging, 2023-2033
8.2. Paper Based
8.3. Glass Based
8.4. Metal Based
8.5. Others
9. Global Flavoured Milk Market, By Distribution Channel (USD Million)
9.1. Global Flavoured Milk Market Value Share and Forecast, By Distribution Channel, 2023-2033
9.2. Supermarket and Hypermarket
9.3. Convenience Stores
9.4. Speciality Stores
9.5. Online
9.6. Others
10. Global Flavoured Milk Market Forecast, 2019-2033 (USD Million)
10.1. Global Flavoured Milk Market Size and Market Share
11. Global Flavoured Milk Market, By Flavour, 2019-2033 (USD Million)
11.1. Global Flavoured Milk Market Size and Market Share By Flavour (2019-2026)
11.2. Global Flavoured Milk Market Size and Market Share By Flavour (2027-2033)
12. Global Flavoured Milk Market, By Packaging, 2019-2033 (USD Million)
12.1. Global Flavoured Milk Market Size and Market Share By Packaging (2019-2026)
12.2. Global Flavoured Milk Market Size and Market Share By Packaging (2027-2033)
13. Global Flavoured Milk Market, By Distribution Channel, 2019-2033 (USD Million)
13.1. Global Flavoured Milk Market Size and Market Share By Distribution Channel (2019-2026)
13.2. Global Flavoured Milk Market Size and Market Share By Distribution Channel (2027-2033)
14. Global Flavoured Milk Market, By Region, 2019-2033 (USD Million)
14.1. Global Flavoured Milk Market Size and Market Share By Region (2019-2026)
14.2. Global Flavoured Milk Market Size and Market Share By Region (2027-2033)
14.3. Asia-Pacific
14.3.1. Australia
14.3.2. China
14.3.3. India
14.3.4. Japan
14.3.5. South Korea
14.3.6. Rest of Asia-Pacific
14.4. Europe
14.4.1. France
14.4.2. Germany
14.4.3. Italy
14.4.4. Spain
14.4.5. United Kingdom
14.4.6. Rest of Europe
14.5. Middle East and Africa
14.5.1. Kingdom of Saudi Arabia
14.5.2. United Arab Emirates
14.5.3. Rest of Middle East & Africa
14.6. North America
14.6.1. Canada
14.6.2. Mexico
14.6.3. United States
14.7. Latin America
14.7.1. Argentina
14.7.2. Brazil
14.7.3. Rest of Latin America
15. Company Profile
15.1. Arla Foods amba
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Danone SA
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Fonterra Co-Operative Group
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Gujrat Cooperative Milk Marketing Federation Ltd
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Molkerei Alois Müller Gmbh & Co. Kg
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Nestlé S.A.
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Saputo Inc
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. The Hershey Company
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
