Market Size of Asia-Pacific Sour Milk Drinks Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.82 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Sour Milk Drinks Market Analysis
Asia-Pacific sour milk drinks market is projected to grow, witnessing a CAGR of 5.82% during the forecast period (2020 - 2025).
- Sour milk drinks are the traditional fermented dairy beverage in Asia-Pacific, which is consumed on a regular basis among the household. It is considered healthier beverage options compared to soft drinks, which have attracted consumer demand.
- Consumer preference for varied flavors such as fruit flavor mixed with sour milk is quite popular in the region. Bioactive components, flavor, nutritional value, and convenience are the various factors accelerating the demand for sour milk drinks across Asia-Pacific.
- The sour milk market includes packaged fermented milk products, such as Kefir, Lassi, Ayran, Doogh, Laban, buttermilk, and whey drinks. Notably, India accounts for a suitable market share in the region owing to the high popularity of buttermilk, and chaas/lassi in the country.
