Title: Global Flavored Milk Market Share, Size, Price Trends and Forecast 2018-2023
1 Global Flavored Milk Market Catalyzed by
Innovative Packaging
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3Report Description and Highlights
Report Description
Global Flavoured Milk Market Catalysed by
Innovative Packaging The global flavoured milk
marketing is witnessing a positive growth. This
can be highly accredited to the efforts made by
manufacturers in terms of new product varieties
and attractive packaging. Flavoured milk is
produced using milk, sweeteners, added flavours,
colourings and preservatives, in order to enhance
the taste. It is recognized as the second most
acceptable dairy product worldwide and contains
vital nutrients like calcium, protein, vitamins,
etc. In addition to this, it comes in different
variants as well as disparate milk types, such as
fat-free, low-fat, etc. A new research report by
IMARC Group, titled Flavoured Milk Market
Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2018-2023, estimates
that the market reached a volume of 21.7 Billion
Litres in 2017. The report further anticipates
the market to reach approximately 28 Billion
Litres by 2023, at a projected CAGR of around
4.5 over the forecast period.
4Report Description and Highlights
Report Description
- Market Drivers/Constraints
- Currently, more than a half of the demand for
flavoured milk comes from developing countries
where the market is expanding constantly. Thus,
manufacturers are shifting their focus towards
emerging markets. - Continuous introduction of innovative packaging
and new product variants with enhanced
nutritional value as well as new and unique
flavours has attracted a large section of
consumers. This represents another factor
bolstering the market growth. - Moreover, the factors that have been proactive in
maintaining the growth of the global flavoured
milk market include hectic schedules and
disturbed eating patterns which have increased
the global demand for convenient food and
beverages such as flavoured milk. - However, there are several factors that imped the
market growth. Flavoured milk stands in a great
competition to carbonated beverages. Further, a
rise in the vegan population acts as another
obstacle for the market growth. -
- Read full report _at_ https//www.imarcgroup.com/flav
oured-milk-market
5Report Description and Highlights
Report Description
- Regional Insights
- On a geographical front, Asia-Pacific represents
the leading market for flavoured milk, accounting
for the majority of the market share. Within
Asia-Pacific, China represents the largest
consumer. Asia-Pacific is followed by Africa,
Eastern Europe, Latin America, North America and
Western Europe. - Competitive Landscape
- The market is highly fragmented with the presence
of numerous small and large manufacturers who
compete in terms of prices and quality. There is
an intense competition in the market which makes
it difficult for small players to survive. Some
of the leading players operating in the market
are - Danone
- Arla Foods
- Dean Foods
- China Mengniu Dairy
- Amul, Lactalis Parmalat
- Yili Industrial Group.
-
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6Report Description and Highlights
Report Description
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a
7Report Description and Highlights
Report Description
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