Global Flavored Milk Market to Reach USD 40.14 Billion by 2024

flavoured milk industryNew York, USA, 2018-May-09 — /EPR Network/ —According to Goldstein Research, global flavoured milk market is expected to reach USD 40.14 billion by 2024 from USD 29.33 billion in 2016, growing at a CAGR of 4.0% over the forecast period 2016-2024. Rising urbanization and growing trend of a healthy diet is increasing the consumer’s interest towards ready-to-drink products tends to drive the growth of global flavored milk market. Flavored milk market segmentation has been carried out on the basis of flavors type, packaging type and distribution channel. By distribution channel, offline channel occupies largest revenue share of flavored milk market as maximum revenue is generated from supermarkets, hypermarkets and retail stores and the segment is expected to dominate during the forecast period. Moreover, carton packaging accounted for 65.0% market share of flavored milk packaging.

Global flavored milk market is dominated by China valued at  USD 16.92 billion in 2016, with China leading the market followed by India.

Market Segmentation

On the basis of our in-depth analysis, Global Flavored Milk Market can be segmented as follows:

Based on Flavors

  • Chocolate
  • Vanilla
  • Butterscotch
  • Strawberry
  • Others ( Coffee, Hazelnut)

Based on Packaging

  • Paper-based (cartons) Packaging
  • Plastic Packaging
  • Glass Packaging
  • Metal Packaging

Based on Distribution Channel

  • Online Channel
  • Offline Channel

 By Region

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

 

Download Exclusive Sample Report: Flavoured Milk Market Report Sample

“Global Flavored Milk Market Outlook 2024” contains a detailed overview of the global flavored milk market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by flavors type, by packaging type and by distribution channel.

Further, for the in-depth analysis, Global Flavored Milk Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Danone, Amul, China Mengniu Dairy Company Limited, Kraft Foods Group, Nestlé S.A., etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global flavored milk market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

Browse Full Report: https://www.goldsteinresearch.com/report/global-flavored-milk-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on food and beverages industry trends reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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