Food And Beverage INDUSTRY IS CHANGING because of the change in Global Flavoured Milk Market that are happening due to some key players and brands who are dominating the market in the forecast period of 2019 to 2026.This report is a window to the Global Flavoured Milk Market which explains what market definition, classifications, applications, engagements and market trends are. The report also contains the drivers and restrains for the Global Flavoured Milk Market that are derived from SWOT analysis, and also shows what all the recent developments, product launches, joint ventures, merges and accusations by the several key players and brands that are driving the market are by systemic company profiles.
Global flavoured milk market is expected to rise from its initial estimated value of USD 23.6 billion in 2018 to an estimated value of USD 34.6 billion by 2026, registering a CAGR of 4.9% during the forecast period of 2019-2026. This rise in market value can be attributed to the rising need of plant protein amid a rising amount of health concerns and veganism worldwide.
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Key Market Competitors: Global Flavoured Milk Market
Few of the major competitors currently working in the flavoured milk market are Danone, The Kraft Heinz Company, Yili Industrial Group Company Limited, China Mengniu Dairy ompany Limited, Mother Dairy Fruit & Vegetable Pvt. Ltd., Nestlé, Fonterra Co-operative Group, Lactalis International, Dean Foods, Hiland, Umang Daries Pvt. Ltd., DAIRY FARMERS OF MERICA, FrieslandCampina, Arca Continental S.A.B. de C.V., Derechos reservados. LALA BRANDED RODUCTS, LLC, Arla Foods amba, Associated Milk Producers Inc., MORINAGA MILK INDUSTRY CO.,LTD., Haldiram Snacks Pvt. Ltd., ITC Limited.
Global Flavoured Milk Market, By Flavors (Chocolate, Vanilla, Butterscotch, Coconut, Strawberry, Coffee, Hazelnut, Others), Packaging (Paper-based Packaging, Plastic Packaging, Glass Packaging, Metal Packaging), Distribution Channel (Online Channel, Offline Channel), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Competitive Analysis: Global Flavoured Milk Market
Global flavoured milk market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of rice protein market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Reasons to Purchase this Report
· Current and future of Global Flavoured Milk Market outlook in the developed and emerging markets
· The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
· Regions/countries that are expected to witness the fastest growth rates during the forecast period
· The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report
· The report includes the complete segmentation displayed above across all above mentioned countries
Market Definition: Global Flavoured Milk Market
Flavoured milk is processed ready to drink milk and is incorporated with flavours such as chocolate, orange, banana, vanilla and others. The flavoured milk is rich in the nutrients and is processed in such a way that can store for the longer period due to the pasteurization process. Flavoured milk is also available in traditional flavours such as chocolate, strawberry, vanilla, mocha and root beer. The flavoured milk is highly demanded by the children in school which meets the nutritional value and also available for the population who are diet concerned in terms of sugar and fats.
Key Insights in the report:
- Competitive analysis of key competitors involved in the market
- Complete analysis of Market Segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
- Market Drivers and Restraints analysis along with the analysis of the market structure
- Demand of the flavoured milk with the enhanced micronutrients
- Hectic schedule and disturbed eating pattern of the working population leads the consumption of flavoured packaged milk
- Research and development towards the incorporation of nutritional values of flavoured milk growing the market
- Growing number of vegan population restraining the growth of the flavoured milk market
- Development of the carbohydrate milks
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Segmentation: Global Flavoured Milk Market
- By Flavors
- By Packaging
- By Distribution Channel
- By Geography
- North America
- South America
- Middle East & Africa
Key Developments in the Market:
- In March 2018, Haldiram Snacks Pvt. Ltd. announced the launch of flavoured milk in the tetra pack, which is incorporated with the Classic Lassi, Kesar Badam Milk, Mango Lassi and Matka Jhatka Masala Chaas.
- In October 2018, ITC Limited announced the expansion of their product portfolio with the launch of Aashirvaad Svasti, which is flavoured pouched milk and curd.
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