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Flavored Milk Market Growth Analyzed in a New Study

by shrikantmandlik · November 26, 2019


By 2020-end, the global market for flavored milk is projected to exceed US$ 50 Cheap Mirza Teletovic Jersey ,000 Mn in revenues. The market is estimated to register a low single-digit CAGR through 2022. The global flavored milk market is at its nascent stage. Consumption of flavored milk is observed to be relatively lower than other drinks. However, the market will gain an uptick in the near future on the back of health benefits associated with flavored milk.

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A recent trend being witnessed around the world is the surge in vegan population. The vegan diet is being adopted by consumers as an ethical concern regarding animals. People with vegan diet oppose consumption of food items derived from animals including dairy products, eggs, and leather among others. Consumption of milk witnessed a decline of about 25% in Canada, owing to the hike in vegan population in 2015. This factor is expected to substantially impact growth of the global market for flavored milk.

Competitive Assessment


The Flavored Milk market report includes global as well as emerging players:
Danone, Nestl茅 S.A. Cheap John Henson Jersey , Fonterra Co-operative Group Limited, China Mengniu Dairy Company Limited, Dairy Farmers of America, Inc., Koninklijke Friesland Campina N.V., Dean Foods Company Cheap Tony Snell Jersey , Morinaga Milk Industry Co., Ltd., Gujarat Cooperative Milk Marketing Federation Ltd., National Dairy Development Board, Inner Mongolia Yili Industrial Group Co., Ltd. Cheap Malcolm Brogdon Jersey , and Grupo Lala, S.A.B. de C.V.

The insights for each vendor consists of: