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

North America Flavored Milk Market is segmented by Type into Dairy-based and Plant-based; by Distribution Channel into Supermarket/ Hypermarkets, Convenience Stores, Specialist Stores, Online Retail Stores, and Other Distribution Channels; and by Geography

Market Snapshot

Market Snapshot
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 4.4 %
Fastest Growing Segment: Chocolate Flavor

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Market Overview

North America Flavored Milk Market is growing at a CAGR of 4.4% during the forecast period (2020- 2025).

  • An increasing interest in nutritious and healthy beverages along with changing eating habits are strengthening the demand for flavored milk in North America.
  • The North American children and adolescents can enhance the quality of their diets by consuming milk such as flavored milk, which can be easily included in their diets. Children are significantly consuming more flavored milk as compared to unflavored milk.
  • In the recent hectic work-life schedules, consumers lack the time for a wholesome breakfast and seek out convenient drink alternatives, like flavored milk, that keep them full and nourished while on-the-go. This opens up lucrative opportunities for value-added, fortified, ready-to-drink flavored milk products that fulfill the consumers’ need for nutritional breakfast.

 

Scope of the Report

North America Flavored Milk Market is segmented by Type into Dairy-based and Plant-based; by Distribution Channel into Supermarket/ Hypermarkets, Convenience Stores, Specialist Stores, Online Retail Stores, and Other Distribution Channels; and by Geography

By Type
Dairy Based
Plant Based
By Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
Specialist Stores
Online Retail Stores
Other Distribution Channels
Geography
North America
United States
Canada
Mexico
Rest of North America

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Key Market Trends

Surge In Demand For Fortified Food And Beverages

There has been a considerable shift in the lifestyles and diet habits of people over the past two decades. Urbanization and consumerism drove this shift, leading to a rapid rise in the consumption of artificial and synthetic beverage products, which has resulted in an increased incidence of lifestyle diseases. With the fast-paced lifestyle, the consumer wants to consume those food products which not only have good tastes but it should also have greater nutrition value. Consumers are therefore preferring easy to make flavored milk drinking forms which can be readily mixed. North Americans are increasingly adopting the usage of powdered and premix flavored milk at their homes. These forms of flavored milk can give the best of milk and making it a good proposition to consume for every family member particularly during the breakfast when many Americans are facing the paucity of time due to their professional commitment.

Trend1

North America Flavored Milk Market Majorly Driven By United States

The North American flavored milk market is majorly driven by the United States, because of the developed and ever-rising demand for flavored milk and increasing health & nutrition concern among the Americans. Allowing reduced fat flavored milk in American schools recognizes shifting consumer preferences towards low-fat milk. To an extent, the reduced fat flavored milk sales to the schools will increase fluid milk consumption, thereby increasing the dairy farm income.

Trend2

Competitive Landscape

Some of the leading manufacturers and suppliers of the flavored milk in North America are Nestle, Hershey’s, The Farmer’s Cow, and Oakhurst. These companies are focusing on the expansion of facilities and product portfolio, due to the growing demand for flavored milk in the beverage industry. Companies are actively involved in developing innovative tastes, which is encouraging food and beverage manufacturer’s particularly dairy industry to make good use of the most preferred flavors among the customers, so as to enhance their product quality and increasing health benefits to consumers.

Major Players: Nestle S.A., Hershey’s, The Farmer’s Cow, Oakhurst, Dean Foods Company, Fairlife, LLC, Hiland Dairy, Borden Dairy Company, Saputo Inc., Agropur Dairy Cooperative and 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 Forces 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 Dairy Based

      2. 5.1.2 Plant Based

    2. 5.2 By Distribution Channel

      1. 5.2.1 Supermarkets/Hypermarkets

      2. 5.2.2 Convenience Stores

      3. 5.2.3 Specialist Stores

      4. 5.2.4 Online Retail Stores

      5. 5.2.5 Other Distribution Channels

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest 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 Nestle S.A

      2. 6.4.2 The Hershey Company

      3. 6.4.3 The Framer's Cow

      4. 6.4.4 Oakhurst

      5. 6.4.5 Dean Food Company

      6. 6.4.6 Fairlife, LLC

      7. 6.4.7 Saputo Inc

      8. 6.4.8 Agropur Dairy Cooperative

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

**Subject to Availability

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Frequently Asked Questions

The North America Flavored Milk Market market is studied from 2016 - 2026.

The North America Flavored Milk Market is growing at a CAGR of 4.4% over the next 5 years.

The North America Flavored Milk Market is valued at Chocolate Flavor in 2026.

Nestle S.A, Dean Food Company, The Hershey Company, Saputo Inc, Borden Dairy Company are the major companies operating in North America Flavored Milk Market.

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