Global Flavoured Milk Market to Grow at 5.72% During 2025-2033, Spurred by Increasing Popularity of Ready to Drink Beverages

January 07, 2025 | Food & Beverages

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According to the latest report by IMARC Group, titled "Flavoured Milk Market Report by Flavour (Chocolate, Fruit, Vanilla, and Others), Packaging (Paper Based, Plastic Based, Glass Based, Metal Based), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online Stores, and Others), and Region 2025-2033," the global flavoured milk market reached a value of USD 60.3 Billion in 2024. Flavoured milk refers to a sweetened dairy drink that has a longer shelf life than conventional milk products. It consists of milk, sugar, sweeteners, preservatives, food colorings, and numerous artificial or natural flavours, such as mango, vanilla, chocolate, coffee and butterscotch. It is widely available as a pasteurized, refrigerated product or ultra-high-temperature (UHT) treated flavoured variant. It is rich in essential nutrients, including niacin, calcium, potassium, phosphorous, protein, riboflavin and vitamins A, D and B12. It is convenient to use and characterized by an appealing taste due to which it is gaining widespread popularity, especially among children.

Global Flavoured Milk Market Trends:

The market is primarily driven by the growing health-consciousness among consumers. The numerous health benefits offered by the regular consumption of flavoured milk and the limited concentration of sugar present in it have facilitated its uptake. Multiple variants with low-calorie sweeteners are also available in the market, which are gaining widespread preference among consumers. Apart from this, the rising trend of on-the-go lifestyle led by individuals, supported by inflating disposable incomes and shifting lifestyle preferences, has led to an increase in the consumption of ready-to-drink beverages. Growing awareness regarding the importance of maintaining a healthy diet among the consumers has led them to substitute high-calorie and carbonated soft drinks with organic flavoured milk variants, which, in turn, is creating a positive outlook for the market. The introduction of lactose-free flavoured milk in the market is acting as another major growth-inducing factor. This, along with advancements in production technology and the increasing demand for refrigerated milk products, is expected to drive the market further. Looking forward, the market value is projected to reach USD 102.1 Billion by 2033, expanding at a CAGR of 5.72% during 2025-2033.

Market Summary:

Based on the flavour, the market has been divided into chocolate, fruit, vanilla and others, wherein chocolate represents the most preferred flavoured milk variant.
On the basis of the packaging, the market has been classified into paper, plastic, glass and metal.
Based on the distribution channel, the market has been categorized into supermarkets and hypermarkets, convenience stores, specialty stores, online stores, and others. At present, supermarkets and hypermarkets exhibit a clear dominance in the market.
On the geographical front, Asia Pacific holds the leading position in the market. Other major markets include North America, Latin America, Western Europe, Africa and Eastern Europe.
The competitive landscape of the market has been examined in the report with the detailed profiles of the key players. Some of these players are Nestlé S.A., Danone S.A., Arla Foods amba, Yili Industrial Group Co. Ltd., Dairy Farmers of America, Inc., and China Mengniu Dairy Co., Ltd.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion Litres, Billion USD
Segment Coverage	Flavour, Packaging, Distribution Channel, Region
Region Covered	Asia Pacific, North America, Latin America, Western Europe, Africa, Eastern Europe
Companies Covered	Nestle S.A., Danone S.A., Arla Foods amba, Yili Industrial Group Co. Ltd., Dairy Farmers of America, Inc. and China Mengniu Dairy Co., Ltd.
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Flavoured Milk Market to Grow at 5.72% During 2025-2033, Spurred by Increasing Popularity of Ready to Drink Beverages

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