Flavored Milk Market Outlook 2024 by Goldstein Market Intelligence
According to Goldstein Market Intelligence, global flavored 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 through 2024. Rising urbanization and growing trend of 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 (%)}
Request for Sample Report: Flavoured Milk Market Report Sample
“Global Flavored Milk Market Outlook 2024” by Goldstein Market Intelligence contains detailed overview of the global flavored milk market in terms of market segmentation by flavors type, by packaging type and by distribution channel.
Further, 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.
The Report is Available at: https://www.goldsteinresearch.com/report/global-flavored-milk-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024
About Goldstein Market Intelligence
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