Global Flavored Milk Industry Analysis by Market Research Future
The innovations in flavors introduced by the industry leaders have created avenues of growth in the flavored milk market. Market Research Future (MRFR) has revealed in its latest study that the global flavored milk market is projected to thrive steadily during the forecast period 2017 to 2023.
Increased count of product offerings as a response to the changing consumer preferences has retained the revenue creation for market participants over the years. The trend is likely to continue across the assessment period. The global flavored milk market is consolidated with the presence of national, regional, and international organizations competing to gain more traction.
Beverage industries are experiencing a substantial growth over the last few years. Dairy-based beverage products are gaining traction both in developed and developing economies. The increasing population coupled with the per capita disposable income is anticipated to fuel the sales of the dairy-based beverages in the upcoming decade.
Asia Pacific is the fastest growing region in the flavored milk market. India and China has shown huge potentials for the flavored milk market share during the review period, 2017-2023
Feb 2016 Coca-Cola India, one of the country’s leading beverage companies, has launched its flavored milk offering – VIO. The new offering further expands Coca-Cola’s existing portfolio of beverages, providing consumers more choice
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Nestle S.A. (Switzerland), Danone (France), Arla Foods Amba (Denmark), Associated Milk Producers, Inc. (U.S.), Bright Food (Group) Co., Ltd.(China), Dairy Farmers of America, Inc. (U.S.), Dean Foods Company (U.S.), Koninklijke Friesl and Campina NV (the Netherlands), Grupo Lala, S.A.B. de C.V. (Mexico), and Amul Industries Pvt Ltd. (India)
By flavor, the global is segmented into chocolate, vanilla, butterscotch, strawberry, and others. Among these, the chocolate segment is likely to remain highly lucrative throughout the review period trailed by the vanilla segment.
By packaging material, the flavored milk market has been segmented into plastic, glass, paper, metal, and others.
By distribution channel, the flavored milk market is segmented into store-based, and non-store based. The store-based segment will hold the maximum share of the market over the forecast period.
Browse the market data and information spread across 110 pages with 25 data tables and 15 figures of the report “Flavored Milk Market Research Report- Forecast till 2023” in-depth alongside table of content (TOC) at:
North America market can be characterized as a matured market and will exhibit steady growth over the next couple of years. The growth of flavored milk market in Europe can be ascribed to the rising count of health-conscious population and presence of key players.
Rest of the World is estimated to hold limited share in the market. However, certain regions in the RoW market will hold immense potential for growth during the projection period.
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