Global Market For Flavored Milk Is Projected To Exceed Us$ 50,000 Mn In Revenues

 

The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.

The report offers actionable and valuable market insights of Flavored Milk. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Flavored Milk Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Flavored Milk market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Flavored Milk

 

This newly published and insightful report sheds light on Market Insights of Flavored Milk, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Flavored Milk Market.

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Fortified Dairy Products Market: Segmentation

FactMR’s study has done the segmentation of fortified dairy products market on the basis of product type, micronutrients, sales channel and region.

Product Type
  • Milk
  • Milk Powder and Formula
  • Flavoured Milk
  • Cheese
  • Dairy Based Yogurt
  • Other Products
Micronutrient
  • Vitamins
  • Minerals
  • Other Fortifying Nutrients
Sales Channel
  • Modern Trade
  • Convenience Stores
  • Departmental Stores
  • Drug Stores
  • Online Stores
  • Other Sales Channels
Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Japan
  • Middle East and Africa (MEA)
Fortified dairy products market is anticipated to witness a notable upsurge during the forecast period 2019 to 2026, conferring to a new Fact.MR study. The study promotes crucial trends that are presently determining the growth of
fortified dairy products market.
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Key Takeaways of Global Fortified Dairy Products Market

  • Milk powder and formula product type segment in fortified dairy products accounts for more than one third of market share and is expected to show significant growth in fortified dairy products market during period of forecast, owing to increased demand from milk powder and nutritional formula manufacturers across the globe.
  • Vitamins micronutrients in fortified dairy products is majorly contributing to the global fortified dairy products consumption and is projected to grow 1.5X over period of forecast, owing to increased demand in milk, milk powder and milk formula.
  • Fortified dairy products market in Asia Pacific excluding Japan holds around one third of the market share. However, increasing consumer inclination towards fortified dairy products is projected to grow at significant growth rate as compared to other regions.
  • Modern trade sales channels of fortified dairy products holds more than one third of market share. However, online stores are growing at a faster pace as compared to other sales channels of fortified dairy products.
  • Flavored Milk segment is projected to create an absolute $ opportunity of US$ 14.4 Bn during forecast period 2019 – 2026. Moreover, it will exhibit fastest growth among product type of fortified dairy products market.

Market Leaders Retain their Edge through R&D Initiatives

In recent years, manufacturers and food brands are expanding their research & development capabilities and planning to expand their portfolio to gain more share in global fortified dairy products market. To develop new applications of fortified dairy products, companies are investing money in research and development to strengthen their position in new application areas. For instance, in the year 2018, the company Nestle USA and Arlington, Va., launched Nesquik-SuperBreakfast protein breakfast milk drink. This has helped Nestle to boost its revenue with new offerings in the market.

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Key Question answered in the survey of Flavored Milk market report:

  • Sales and Demand of Flavored Milk
  • Growth of Flavored Milk Market
  • Market Analysis of Flavored Milk
  • Market Insights of Flavored Milk
  • Key Drivers Impacting the Flavored Milk market
  • Which are the Key drivers impacted by Flavored Milk market
  • Restraints Shaping Market Growth
  • Market Survey of Flavored Milk

More Valuable Insights on Flavored Milk Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Flavored Milk, Sales and Demand of Flavored Milk, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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