Asia-Pacific Dairy-Based Beverages Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Asia-Pacific Dairy-Based Beverages Market Analysis and it is segmented by Type (Milk, Yogurt, Kefir, and Others), by Category (Flavored and Unflavored drinks); by Distribution Channel (Supermarkets/Hypermarkets, Convenience stores, Specialty Stores, Online Channels, and Others); and by Geography.

Asia-Pacific Dairy-Based Beverages Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Asia-Pacific Dairy-Based Beverages Market Size

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asia pacific dairy based beverages market overview
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 5.10 %
Market Concentration Medium

Major Players

asia pacific dairy based beverages market key players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Asia Pacific Dairy Based Beverages Market with other markets in Food & Beverage Industry

Beverages

Food

Food Ingredients and Food Additives

Food Supplements

Asia-Pacific Dairy-Based Beverages Market Analysis

The Asia Pacific Dairy Based Beverages Market is expected to register a CAGR of 5.1% during the forecast period.

  • The market is mainly driven by the value of nutrition and functional properties of milk, along with the rising demand for probiotic drinks by health-conscious consumers. Furthermore, recent launches of formulated functional products with new flavors have further fueled the global market, such as fortification of drinks with omega 3, collagen, aloe vera, plant sterols, and soy isoflavones. For instance, Morinaga Nutritional Foods Inc. launched a low-fat Japanese-style yogurt drink under its Alove brand in three flavors- original aloe vera, strawberry banana, and coconut in March 2018. Also, in 2018, Yakult Danone launched a new version of its signature probiotic drink in India.
  • However, rising demand for non-dairy based drinks and carbonated drinks due to lactose intolerance and other allergies is one of the factors restraining the global market for dairy-based beverages.

Asia-Pacific Dairy-Based Beverages Industry Overview

The Asia Pacific dairy-based beverages market is fragmented in nature owing to the presence of a large number of regional and domestic players. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. Key players dominating the country's market include GCMMF (Amul), Fonterra Co-operative Group, Bright Dairy & Food Co., Ltd., Yakult Honsha Co. Ltd, and Mother Dairy Fruit & Vegetable Pvt. Ltd., among others.

Asia-Pacific Dairy-Based Beverages Market Leaders

  1. GCMMF (Amul)

  2. Fonterra Co-operative Group

  3. Bright Dairy & Food Co., Ltd.

  4. Yakult Honsha Co. Ltd

  5. Mother Dairy Fruit & Vegetable Pvt. Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
GCMMF (Amul), Fonterra Co-operative Group, Bright Dairy & Food Co., Ltd., Yakult Honsha Co. Ltd, Mother Dairy Fruit & Vegetable Pvt. Ltd.
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Asia-Pacific Dairy-Based Beverages Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Type
    • 5.1.1 Milk
    • 5.1.2 Yogurt
    • 5.1.3 Kefir
    • 5.1.4 Others
  • 5.2 By Category
    • 5.2.1 Flavoured Drink
    • 5.2.2 Unflavored Drink
  • 5.3 By Distribution Channel
    • 5.3.1 Supermarkets/hypermarkets
    • 5.3.2 Convenience stores
    • 5.3.3 Specialty Stores
    • 5.3.4 Online Channels
    • 5.3.5 Others
  • 5.4 By Country
    • 5.4.1 China
    • 5.4.2 Japan
    • 5.4.3 Australia
    • 5.4.4 India
    • 5.4.5 Rest of Asia-Pacific

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Active Companies
  • 6.2 Most Adopted Strategies
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles
    • 6.4.1 GCMMF (Amul)
    • 6.4.2 Fonterra Co-operative Group
    • 6.4.3 Bright Dairy & Food Co., Ltd.
    • 6.4.4 Yakult Honsha Co. Ltd
    • 6.4.5 Mother Dairy Fruit & Vegetable Pvt. Ltd.
    • 6.4.6 Wadia Group (Britannia Industries Limited)
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Asia-Pacific Dairy-Based Beverages Industry Segmentation

The Asia Pacific dairy-based beverage market is segmented by type, category, and distribution channels. By type, the dairy beverage market is segmented into milk, yogurt, kefir, and others; and by category, into flavored and unflavored drinks. By distribution channel, the market has been segmented into supermarkets/hypermarkets, convenience stores, specialty stores, online channels, and others. Also, the study provides an analysis of the dairy-based beverage market in the emerging and established markets across the Asia Pacific, including China, Japan, Australia, India, and Rest of Asia Pacific.

By Type Milk
Yogurt
Kefir
Others
By Category Flavoured Drink
Unflavored Drink
By Distribution Channel Supermarkets/hypermarkets
Convenience stores
Specialty Stores
Online Channels
Others
By Country China
Japan
Australia
India
Rest of Asia-Pacific
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Asia-Pacific Dairy-Based Beverages Market Research FAQs

What is the current Asia Pacific Dairy Based Beverages Market size?

The Asia Pacific Dairy Based Beverages Market is projected to register a CAGR of 5.1% during the forecast period (2025-2030)

Who are the key players in Asia Pacific Dairy Based Beverages Market?

GCMMF (Amul), Fonterra Co-operative Group, Bright Dairy & Food Co., Ltd., Yakult Honsha Co. Ltd and Mother Dairy Fruit & Vegetable Pvt. Ltd. are the major companies operating in the Asia Pacific Dairy Based Beverages Market.

What years does this Asia Pacific Dairy Based Beverages Market cover?

The report covers the Asia Pacific Dairy Based Beverages Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia Pacific Dairy Based Beverages Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Asia-Pacific Milk-Based Beverages Industry Report

Statistics for the 2025 Asia Pacific Dairy Based Beverages market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia Pacific Dairy Based Beverages analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.