North America Dairy Beverages Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

North America dairy beverages market is segmented by Type (Standard White Milk, Flavored Milk, Drinking Yogurt, Functional Milk, and Others), Packaging (Can, Bottle, Pouch, and Others), Distribution Channel (Convenience Stores, Supermarkets/Hypermarkets, Grocery Stores, Online, and Others), and Geography.

Market Snapshot

market sum
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 6.23 %
Largest Market: United States

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Market Overview

North America dairy beverages market is expected to register a CAGR of 6.23%, during the forecast period of 2020-2025.

  • The demand of new flavored and nutrition rich dairy product gaining popularity, as the consumers are shifting to the vegan diet to fulfill their nutrition needs.  The market of flavored milk is the major focus for increasing the growth in this sector.
  • Increasing consumer awareness, especially for functional foods and dietary supplements, has been a major factor for market development in recent times.

 

Scope of the Report

North America 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 yoghurt, 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. On the basis of distribution channel, the market is segmented into convenience stores, supermarkets/hypermarkets, grocery stores, online, and others. Also, the study provides an analysis of the dairy beverages market in the emerging and established markets across the region, including United States, Mexico, Canada, and rest of the North America.

By Type
Standard White Milk
Flavored Milk
Drinking Yoghurt
Functional Milk
Others
By Packaging
Canned
Bottle
Pouch
Others
By Distribution Channel
Convenience stores
Supermarkets/hypermarkets
Grocery Stores
Online Retailer
Others
Geography
North America
United States
Mexico
Canada
Reat of North America

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Key Market Trends

Growing Demand for Probiotic Beverages

Consumers are looking for beverages that give an additional benefit other than quenching their thirst. The increasing amount of health conscious population is the major factor boosting the growth of the dairy-based probiotic beverage market. Probiotic beverages have additional nutritional benefits that may help to maintain the balance of the body, especially the gut. Many fruit and beverages companies are extending their product line by adding probiotic beverages to their portfolio, which includes functional beverages. Functional foods and probiotic drinks are a trending food habit all over the world. 

trend 1

Growing Demand for Functional Beverages

The market for dairy based beverage is increasing very rapidly, as consumers are paying more attention to health and well-being. In North American, beverages are no longer viewed solely as a quick refreshment. However, they have become more convenient nutrient and food supplement products. The region is strongly influenced by consumer focus on gut health augmenting the probiotic and functional drinks market. Dairy beverage manufacturers are marketing various probiotic and functional drinks by emphasizing on their good health benefits, greater accessibility, and the availability of multiple flavors. The consumer segments driving the growth of the market include ageing consumers looking for vitality, millennials who are willing to try new products with wellness benefits, and busy consumers seeking for ‘quick health’.

trend 2

Competitive Landscape

Some of the major players in the North America dairy beverages market are  Arla foods, BASF,  Blue Diamond Growers Inc, Kroger, Living Harvest Foods Inc, Nestle, Chr. Hansen, Dean Foods, and Danone, among others.

Table of Contents

  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 Flavored Milk

      3. 5.1.3 Drinking Yoghurt

      4. 5.1.4 Functional Milk

      5. 5.1.5 Others

    2. 5.2 By Packaging

      1. 5.2.1 Canned

      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 Convenience stores

      2. 5.3.2 Supermarkets/hypermarkets

      3. 5.3.3 Grocery Stores

      4. 5.3.4 Online Retailer

      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 Mexico

        3. 5.4.1.3 Canada

        4. 5.4.1.4 Reat of North America

  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 Kroger Company

      3. 6.4.3 Eden Foods Inc

      4. 6.4.4 Nestle

      5. 6.4.5 Arla Foods

      6. 6.4.6 Chr. Hansen

      7. 6.4.7 Dean Foods

      8. 6.4.8 Danone

      9. 6.4.9 Organic Valley

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

**Subject to Availability

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Frequently Asked Questions

The North America Dairy Beverages Market market is studied from 2016 - 2026.

The North America Dairy Beverages Market is growing at a CAGR of 6.23% over the next 5 years.

The North America Dairy Beverages Market is valued at United States in 2026.

Blue Diamond Growers Inc., Kroger Company, Living Harvest Foods Inc., BASF, Nestle are the major companies operating in North America Dairy Beverages Market.

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