Dairy Based Beverages Market - Growth, Trends and Forecast (2019 - 2024)

Dairy Based Beverages Market - Growth, Trends and Forecast (2019 - 2024)

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Market Overview

Global dairy based beverage market is projected to register a CAGR of 6.1% during the forecast period, 2019-2024.

  • Dairy drinks are ideal for adding value in terms of nutrition and functional additives. They are naturally high calcium content, they are perceived by consumers as nutritious, ‘good for me’ products.
  • The growing demand for healthy dairy beverage has led key players such as Co-cola, Pepsi, Danone, Yakult and Kerry Foods are constantly focusing on new product launches of dairy beverage which meets customer requirements.

 

Scope of the Report

The global dairy beverage market is segmented by type, packaging, and distribution channels. By type the dairy beverage market is segmented into standard white milk, flavored milk, drinking yogurt, functional milk, and others. Standard white milk holds the highest share in the global dairy beverage market. By packaging type, the dairy based beverage market has been categorized into can,bottle, pouch, and others, while by distribution channel, the dairy- market has been segmented into convenience stores, supermarkets/hypermarkets, grocery stores, online, and others. Moreover, the study provides an analysis of the dairy beverages market in the emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

By Type
Standard White Milk
Flavoured Milk
Drinking Yogurt
Functional Milk
Others
By Packaging
Can
Bottle
Pouch
Others
By Distribution Channel
Supermarkets/Hypermarkets
Convenience stores
Grocery Stores
Online
Others
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
United Kingdom
Germany
France
Russia
Italy
Spain
Rest of Europe
Asia-Pacific
India
China
Japan
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
UAE
Saudi Arabia
Rest of MEA

Key Market Trends

Increasing Demand for Dairy Based Beverages

Dairy based beverages are available in the variety of flavors, increasing demand in the global market. Nowadays, whey-based drinks and yogurts are preferred by consumers, the reason being their nutritional quantity and contain less amount of fat. Dairy based beverages are useful in bakery, confectionaries, and dairy products manufacturing, increasing its overall consumption. The health-conscious customers prefer dairy based beverages with the limited amount of fats and cholesterol, which are also available in a wide range of products. Also, dairy based beverages are available in a wide variety of flavors, packets, and other supplements which are beneficial for health as well as cost-effective. Hence, an increase in consumer awareness is boosting the new product launch and the addition of more supplements to the dairy products. 

trend 1

Asia-Pacific Remains the Fastest Growing Market

North America and Europe holds a major market share in the global dairy beverage market. Asia-Pacific is the fastest growing market due to growing health concern issues, increase in disposable income level, increasing number working women population, and rising population are the key issues which lead to boost the market. Probiotics, functional dairy and natural colors combined with Asia’s rapidly changing lifestyle and health needs are among the top factors driving industry growth in the region.

trend 2

Competitive Landscape

The global dairy beverage market is fragmented with small and large manufacturers. The market is highly competitive and dominated by major players. The market players in this market compete on the basis of added health benefits, product differentiation, category extension, and innovation in product and application. Some of the major companies operating in the global dietary supplements market are Nestle, Arla foods, Krafts foods group inc., BASF, Chr Hansen, Danone and Eden Foods Inc.

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Force Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Standard White Milk

      2. 5.1.2 Flavoured Milk

      3. 5.1.3 Drinking Yogurt

      4. 5.1.4 Functional Milk

      5. 5.1.5 Others

    2. 5.2 By Packaging

      1. 5.2.1 Can

      2. 5.2.2 Bottle

      3. 5.2.3 Pouch

      4. 5.2.4 Others

    3. 5.3 By Distribution Channel

      1. 5.3.1 Supermarkets/Hypermarkets

      2. 5.3.2 Convenience stores

      3. 5.3.3 Grocery Stores

      4. 5.3.4 Online

      5. 5.3.5 Others

    4. 5.4 Geography

      1. 5.4.1 North America

        1. 5.4.1.1 United States

        2. 5.4.1.2 Canada

        3. 5.4.1.3 Mexico

        4. 5.4.1.4 Rest of North America

      2. 5.4.2 Europe

        1. 5.4.2.1 United Kingdom

        2. 5.4.2.2 Germany

        3. 5.4.2.3 France

        4. 5.4.2.4 Russia

        5. 5.4.2.5 Italy

        6. 5.4.2.6 Spain

        7. 5.4.2.7 Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. 5.4.3.1 India

        2. 5.4.3.2 China

        3. 5.4.3.3 Japan

        4. 5.4.3.4 Australia

        5. 5.4.3.5 Rest of Asia-Pacific

      4. 5.4.4 South America

        1. 5.4.4.1 Brazil

        2. 5.4.4.2 Argentina

        3. 5.4.4.3 Rest of South America

      5. 5.4.5 Middle East & Africa

        1. 5.4.5.1 UAE

        2. 5.4.5.2 Saudi Arabia

        3. 5.4.5.3 Rest of MEA

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Blue Diamond Growers Inc

      2. 6.4.2 Eden Foods Inc

      3. 6.4.3 Living Harvest Foods Inc

      4. 6.4.4 Krafts foods group inc.

      5. 6.4.5 Arla foods

      6. 6.4.6 BASF

      7. 6.4.7 Herbal Life

      8. 6.4.8 Tata Global Beverages

      9. 6.4.9 Chr. Hansen

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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