Scope in Flavored Milk Market: Trends, Price, Revenue, Share, Growth and Forecast Until 2022

Fact.MR

Dublin 2, Ireland, 2018-Apr-05 — /EPR Network/ — The global market discussion on flavored milk industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Flavored Milk Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on flavored milk market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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By 2020-end, the global market for flavored milk is projected to exceed US$ 50,000 Mn in revenues. The market is estimated to register a low single-digit CAGR through 2022. The global flavored milk market is at its nascent stage. Consumption of flavored milk is observed to be relatively lower than other drinks. However, the market will gain an uptick in the near future on the back of health benefits associated with flavored milk. A recent trend being witnessed around the world is the surge in vegan population. The vegan diet is being adopted by consumers as an ethical concern regarding animals. People with vegan diet oppose consumption of food items derived from animals including dairy products, eggs, and leather among others. Consumption of milk witnessed a decline of about 25% in Canada, owing to the hike in vegan population in 2015. This factor is expected to substantially impact growth of the global market for flavored milk.

Chocolate Flavored Milk to Remain Sought-after in the Market

Chocolate flavored milk are anticipated to remain sought-after in the global flavored milk market. Sales of chocolate flavored milk will surpass US$ 10,000 Mn in revenues by 2022-end. Between coffee, and vanilla flavored milk, revenues from vanilla flavored milk will remain higher, while sales of coffee flavored milk will register a faster expansion through 2022.

In terms of revenues, Europe is estimated to remain the most lucrative market for flavored milk, and is expected to account for over one-fourth share of the market during 2017 to 2022. Sales of flavored milk will register the fastest expansion in Asia Pacific excluding Japan (APEJ), to make APEJ the second largest market for flavored milk by 2022-end.

Traditional Grocery Retailers will Remain Dominant in the Global Flavored Milk Market

On the basis of sales channel, although traditional grocery retailers are estimated to remain dominant in the global flavored milk market, sales of flavored milk in modern grocery retail segment will continue to register the highest CAGR through 2022. Non-grocery retailers are expected to be the second largest sales channel for flavored milk by 2022-end.

Tin and can packaging for flavored milk will remain preferred among consumers in the global market, with sales poised to reach nearly US$ 20,000 Mn in revenues by 2022-end. Tin and can packaging for flavored milk is estimated to account for over one-third share of the market during 2017 to 2022. PET bottles will remain the second most lucrative packaging for flavored milk. Sales of flavored milk packed in cartons are expected to register a comparatively higher CAGR than those packed in PET bottles through 2022.

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Table of Content:

1. Global Flavored Milk Market – Executive Summary

2. Global Flavored Milk Market Overview
2.1. Introduction
2.1.1. Global Flavored Milk Market Taxonomy
2.1.2. Global Flavored Milk Market Definition
2.2. Global Flavored Milk Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Flavored Milk Market Y-o-Y Growth
2.3. Global Flavored Milk Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Sourcing Strategy and Analysis
2.8. Trade Analysis
2.9. Key Participants Market Presence (Intensity Map by Region)

3. Global Flavored Milk Market Analysis and Forecast By Flavor
3.1. Global Flavored Milk Market Size and Forecast By Flavor, 2012-2022
3.1.1. Chocolate Flavored Milk Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Coffee Flavored Milk Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continued….

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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