Analysis of Flavored Milk Market: Major Regions Consumption Volume, Consumption Value and Growth Rate, Analyzed till 2022

Posted on 2018-08-01 by Mark Hub in Food & Beverage // 0 Comments

Fact.MR

Rockville, US, 2018-Aug-01 — /EPR Network/ — The rapidly expanding flavored milk market is the focus of a new report added to the market intelligence repository of Fact.MR. This 170-page broad study is headlined as “Flavored Milk Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” which noticeably examines the prospects of the global flavored milk industry till the end of 2022, using the market’s development trajectory in the recent past as the key indicator of actionable insights into the market’s growth pattern. A blend of primary & secondary research has been implemented for offering estimates and forecasts on the concerned market.

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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.

However, positive consumer perceptions regarding various health benefits associated with consumption of flavored milk are impacting its demand across the globe. Vendors of flavored milk are concentrating on expansion of their product portfolio by adopting key strategies such as introduction of new flavors in order to gain consumer interests. For instance – Lewis Road Creamery launched coffee & vanilla flavored milk in 2015, and Prairie Dairy Farms introduced two new flavored milk in March 2016. A good packaging results into longer shelf-life of products, while serving as a platform for marketing the products. Flavored milk producers are shifting their focus towards attractive packaging for increasing the visibility of their product, and leveraging consumer curiosity to attract their attention. Fonterra, a flavored milk producer, introduced triple layered bottles for packaging of its flavored milk. The inside and outside layers are opaque, and the middle layer is coated with black color for blocking radiations of light, which in turn enhances the shelf-life of flavored milk.

Competition Tracking

Key market players mentioned in Fact.MR’s report are Inner Mongolia Yili Industrial Group Co., Ltd., Danone, National Dairy Development Board, Nestlé S.A., Gujarat Cooperative Milk Marketing Federation Ltd., Fonterra Co-operative Group Limited, Morinaga Milk Industry Co., Ltd., China Mengniu Dairy Company Limited, Koninklijke Friesland Campina N.V., Dairy Farmers of America, Inc., Dean Foods Company, and Grupo Lala, S.A.B. de C.V.

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Table of Contents:

Global Flavored Milk Market – Executive Summary
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)
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

Continued……..

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