Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Flavoured Milk are the processed ready to drink milk beverage with many varieties and options of flavoured added. These flavoured milk are prepared using toned milk, double toned milk or skimmed milk. The advantages of flavoured milk are it has all the essential nutrients, such as calcium, phosphorus, magnesium, potassium, protein, riboflavin, niacin and vitamins A, B12 and D, which are not found in unflavored milk. It contributes only 3% of the sugars added to children's diets between 2 and 18 years of age. In addition, children who drink milk, either flavoured or white, have higher nutrient intakes and body weights than non-milk drinkers. Hence these flavoured milk are rich in different micronutrients and nutrients like Calcium, potassium, vitamins, phosphorus, protein and have enhance taste with levels according to different flavours. The flavoured milk is trending among the young children to consume different flavour milk and in other age groups.
Rising demand and health consciousness among consumer is fueling the growth of the market. Besides factor driving the flavoured milk market is rise in disposable income. Furthermore changing lifestyle and taste preference is expected to drive the demand for flavoured milk products. For instance, According to the United States Department of Agriculture data 66% of milk chosen by children in schools is flavoured, most of which is low-fat (1%) or fat-free. Studies have shown that the strong nutritious drink of choice for children is low-fat flavoured milk, whether or not it is lactose-free. Moreover, new development of flavoured milk are observed to be trending in the market hence companies are investing and introducing new flavours in the market for the market growth. Furthermore, companies are witnessed to introduce flavoured milk varieties with enhanced nutritional value. For instance, in June 2020 Mother Dairy launches butterscotch flavoured haldi milk to boost immunity of consumers. Also, Prairie Dairy farms launched two new flavoured milk namely strawberry creme and orange creme. Flavoured milk are well liked by all age people and health professional who support the intake of this beverage. However, lactose intolerant and vegan population are restraining the market growth.
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the flavoured milk market. In addition, complete analysis of changes on the flavoured milk expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. Flavoured milk play an essential role as the demand is rising healthy products providing with different micronutrients and nutrients .Moreover changing preference and additional nutritional, immunity benefits in flavoured milk has made a positive growth of flavoured milk market in pandemic.
The flavoured milk market is segmented based on by flavor, Packaging type, Distribution channel and geography
The flavoured milk market has different flavor types like chocolate, vanilla, strawberry, butterscotch, coffee and hazelnut.
Chocolate flavoured is sweetened milk flavoured with chocolate or cocoa which gives the dark chocolate flavour to milk. Sugar and cocoa powder are used to flavour the milk and carrageenan is used as a stabilizer in chocolate flavoured milk that helps to keep flavourings the suspension. Vanilla is one of the commonly used flavours in the food industry, as it plays an important role in flavoured milk and in other dairy products, there is a potential for expansion as it majorly used flavour. Vanilla flavoured milk is made from vanilla extract or vanilla ice cream to have the required vanilla taste. Strawberry is another of those classic flavours, and it can be found from a number of different suppliers in a variety of different types of milk products. Strawberry flavoured milk is prepared using full cream milk, strawberry syrup, natural colour and flavour to provide the authentic taste in the flavoured milk.
Flavored milk is supplied by packaging in bottles & Jars, cans.
Flavored milk is packaged in bottles and jars to keep the taste of the flavoured milk the same and keep it fresh for a long time. Another factor include to keep the product safe from leakage and contamination. The cans packaging offers benefit including the protection from contamination to the product.
The flavoured milk are distributed by the various channel like supermarkets/hypermarkets, convenience store, specialist stores, online retail stores.
The stored based include supermarket/hypermarket, convenience store and specialist store as majorly flavoured milk distribution is done through channel. The online retail store also a demand due to accessibility of smartphone and interest.
Geographically the flavoured milk market have market in North America, Europe, Asia-Pacific and Rest of the World (Row).
North America is expected the highest growth in the flavoured dairy market as the major consumption of flavoured milk is observed in the region by the kids. Another factor drive the market growth is increasing in R & D, production. In Europe the increasing adoption of advanced system for performing intelligence, surveillance is expected to boost the demand for the flavoured milk. Asia-Pacific region is expected to witness increasing demand due to rise in disposable income and also due to unique in its consumption and Rest of the World are projected to witness a significant growth due to steady rise in demand.
The major key player in flavoured milk market are Nestle S.A. (Switzerland), Danone (France), Arla Foods Amba (Denmark),Associated Milk Producers, Inc. (Us),Bright Food (Group) Co., Ltd (China), Dairy Farmers Of America, Inc. (Us), Dean Foods Company (Us), Frieslandcampina Nv (Netherlands),The Hershey Company (Us),Hiland Dairy (Us),Saputo Inc. (Canada), Yili Industrial Group Company Limited, China Mengniu Dairy Company Limited, Gujarat Cooperative Milk Marketing Federation Limited, Mother Dairy Fruit And Vegetable Private Limited., Derechos Reservados., Lala Branded Products, Llc, Morinaga Milk Industry Co.,Ltd., Grupo Lala, S.A.B. De C.V. (Mexico), Amul Industries Pvt Ltd (India), The Kraft Heinz Company and Mengniu Dairy Company Limited among others.
December 2020: The UK, the dairy company Muller has launched a new program to provide farmers with tools and support to help improve supply chain collaboration, herd health and environmental impact reductions.
August 2018: Kraft Heinz Shakes Up Whipped Toppings with Launch of Hershey’s Milk Chocolate and Reese’s Peanut Butter Cup Flavors. Partnership with the Hershey Company adds Iconic Flavors into the Sector
The report analyses the global Flavoured milk market based on by flavor, Packaging type, Distribution channel and geography. The flavoured milk market has different flavor types like Chocolate, Vanilla, Strawberry, Butterscotch, Coffee and Hazelnut. Supplied by packaging in bottles & Jars, cans. The flavoured milk are distributed by channel like Supermarkets/hypermarkets, convenience store, specialist stores, online retail stores. Geographically the flavoured milk market have market in North America, Europe, Asia-Pacific and Rest of the World.
The major key player in flavoured milk market are Nestle S.A. (Switzerland), Danone (France), Arla Foods Amba (Denmark),Associated Milk Producers, Inc. (Us),Bright Food (Group) Co., Ltd (China), Dairy Farmers Of America, Inc. (Us), Dean Foods Company (Us), Frieslandcampina Nv (Netherlands),The Hershey Company (Us), Hiland Dairy (Us),Saputo Inc. (Canada), Yili Industrial Group Company Limited, China Mengniu Dairy Company Limited, Gujarat Cooperative Milk Marketing Federation Limited, Mother Dairy Fruit And Vegetable Private Limited., Derechos Reservados. Lala Branded Products, Llc, Morinaga Milk Industry Co.,Ltd., Grupo Lala, S.A.B. De C.V. (Mexico), Amul Industries Pvt Ltd (India), The Kraft Heinz Company and Mengniu Dairy Company Limited among others.
Why to buy this report:
