Market Summary
Research Methodology on Flavoured Milk Market
This research report on the flavoured milk market is an in-depth analysis of the industry in terms of market sizing, market dynamics, market trends, and competitive landscape. The research methodology used for the report is comprehensive and is based on primary and secondary sources.
Primary Research
To collect insights from industry experts, primary research is conducted for this report. Primary research sources included interviews with industry stakeholders, both in the industry and with consumers. Interviews were conducted with subject matter experts around the globe, including market intelligence managers, vendors, and consultants. Data collected via primary research includes insights into the size of the flavoured milk market, its growth outlook, pricing trends, and regional demand.
Secondary Research
Secondary research is used as a source of data collection in this report. Sources of secondary research include various published industry reports, trade and industry journals, company databases, and structured online databases. The secondary research also included a review of government and association reports, market research studies related to flavoured milk, and an analysis of other relevant research.
Data Analysis
The data obtained through the research has been analyzed and represented in the form of figures, tables, pie charts, and bar graphs for the sake of a better understanding of the market. Data has been aggregated and analyzed from various sources and sources such as surveys, interviews, historical data, and industry experts. A strict process of data triangulation and validation has been followed to arrive at reliable conclusions. The key trends of the flavoured milk market are identified through the use of quantitative and qualitative analysis, which is based on rigorous primary and secondary research.
Market Estimation
The market values have been calculated by considering the average selling prices of the various flavours of flavoured milk products, and the CAGR of the market. The numbers used in the calculations are based on a combination of primary and secondary sources and are verified using advanced research tools. The market size estimates and forecasts are provided for the entire period of review and the period thereafter.
Market Size & Forecast
Report Attribute/Metric | Details |
Market Size 2024 | USD 4.8 billion |
Market Size 2023 | USD 5.0 billion |
Market Size 2032 | USD 6.5 billion |
Compound Annual Growth Rate (CAGR) | 4.6% (2024-2032) |
Base Year | 2023 |
Market Forecast Period | 2024-2032 |
Historical Data | 2019 - 2022 |
Market Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Type, Packaging Type, Distribution Channel and Region |
Geographies Covered | North America, Europe, Asia Pacific, and Rest of the World |
Countries Covered | The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled | Nestle S.A. (Switzerland), Danone (France), Arla Foods Amba (Denmark), Associated Milk Producers Inc. (US), Bright Food (Group) Co. Ltd (China), Dairy Farmers of America Inc. (US), Dean Foods Company (US), FrieslandCampina NV (Netherlands), Grupo Lala S.A.B. de C.V. (Mexico), Amul Industries Pvt Ltd (India), The Hershey Company (US), The Farmer's Cow (US), Meiji Holdings Co. Ltd (Japan), Hiland Dairy (US), Saputo Inc. (Canada), and Others. |
Key Market Opportunities | Growing popularity of e-commerce and online retail channels, offering new avenues for sales and distribution. |
Key Market Dynamics | Growing consumer demand for healthier and more convenient food and beverage options Rising disposable incomes and changing lifestyles in emerging economies |
Major Players
Flavored Milk Market Segmentation
Global Flavored Milk, By Type (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
Global Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
Global Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
Global Flavored Milk Regional Outlook (USD Billion, 2019-2030)
- North America Outlook (USD Billion, 2019-2030)
- North America Flavored Milk, By Type Outlook (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
- North America Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
- North America Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
- US Outlook (USD Billion, 2019-2030)
- US Flavored Milk, By Type Outlook (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
- US Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
- US Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
- Canada Outlook (USD Billion, 2019-2030)
- Canada Flavored Milk, By Type Outlook (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
- Canada Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
- Canada Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
- Europe Outlook (USD Billion, 2019-2030)
- Europe Flavored Milk, By Type Outlook (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
- Europe Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
- Europe Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
- Germany Outlook (USD Billion, 2019-2030)
- Germany Flavored Milk, By Type Outlook (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
- Germany Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
- Germany Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
- France Outlook (USD Billion, 2019-2030)
- France Flavored Milk, By Type Outlook (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
- France Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
- France Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
- UK Outlook (USD Billion, 2019-2030)
- UK Flavored Milk, By Type Outlook (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
- UK Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
- UK Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
- Italy Outlook (USD Billion, 2019-2030)
- Italy Flavored Milk, By Type Outlook (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
- Italy Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
- Italy Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
- Rest of Europe Outlook (USD Billion, 2019-2030)
- Rest of Europe Flavored Milk, By Type Outlook (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
- Rest of Europe Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
- Rest of Europe Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
- Asia-Pacific Outlook (USD Billion, 2019-2030)
- Asia-Pacific Flavored Milk, By Type Outlook (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
- Asia-Pacific Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
- Asia-Pacific Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
- China Outlook (USD Billion, 2019-2030)
- China Flavored Milk, By Type Outlook (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
- China Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
- China Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
- India Outlook (USD Billion, 2019-2030)
- India Flavored Milk, By Type Outlook (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
- India Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
- India Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
- Japan Outlook (USD Billion, 2019-2030)
- Japan Flavored Milk, By Type Outlook (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
- Japan Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
- Japan Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
- South Korea Outlook (USD Billion, 2019-2030)
- South Korea Flavored Milk, By Type Outlook (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
- South Korea Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
- South Korea Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
- Australia Outlook (USD Billion, 2019-2030)
- Australia Flavored Milk, By Type Outlook (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
- Australia Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
- Australia Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
- Rest of Asia-Pacific Outlook (USD Billion, 2019-2030)
- Rest of Asia-Pacific Flavored Milk, By Type Outlook (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
- Rest of Asia-Pacific Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
- Rest of Asia-Pacific Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
- Rest of the World Flavored Milk, By Type Outlook (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
- Rest of the World Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
- Rest of the World Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
- Middle East & Africa Outlook (USD Billion, 2019-2030)
- Middle East & Africa Flavored Milk, By Type Outlook (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
- Middle East & Africa Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
- Middle East & Africa Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
- South America Outlook (USD Billion, 2019-2030)
- South America Flavored Milk, By Type Outlook (USD Billion, 2019-2030)
- Chocolate
- Vanilla
- Strawberry
- Other
- South America Flavored Milk, By Packaging Type (USD Billion, 2019-2030)
- Bottles & Jars
- Cans
- Other
- South America Flavored Milk, By Distribution Channel (USD Billion, 2019-2030)
- Store-Based
- Non-Store-Based
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