The global flavored milk market to grow at a CAGR of 10.16% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global flavored milk market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of flavored milk products to individual consumers. The report also includes a discussion of the key vendors operating in this market.
Flavored milk is made with milk, sugar, colorings, and artificial or natural flavorings. Flavored milk provides the same essential nine nutrients as plain white milk. The demand for flavored milk is expected to increase during the forecast period mainly due to the fact that flavored milk is increasingly being preferred as a drink to be consumed after workout sessions. Researches have shown that chocolate milk contains the perfect ratio of carbohydrate to protein to hasten the recovery after an intense workout.
One of latest trends in the market is new flavors. Another trend emerging in the market is the launch of products with new flavors. Vendors are expanding their flavor portfolio by releasing new flavors of the products to keep the interest of consumers alive in the market. In March 2016, Prairie Dairy Farms launched two new flavors for its Peeps flavored milk.
The two new flavors offered by the vendor are strawberry créme and orange créme. In September 2015, Lewis Road Creamery introduced two new flavors, coffee and vanilla, for its flavored milk. In September 2014, Natrel introduced new flavors in its flavored milk segment such as maple, caramel latte, and dark chocolate. In September 2014, Nestlé added two limited edition flavors, thin mint and caramel coconut, to its Girl Scout flavored milk products.
- China Mengniu Dairy
- Inner Mongolia Yili Industrial Group
Other prominent vendors
- Arla Foods
- Associated Milk Producers
- Bright Food
- Dairy Farmers of America
- Dean Foods
- Grupo Lala
- Morinaga Milk Industry
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product type
Part 07: Market segmentation by distribution channel
Part 08: Geographical segmentation
Part 09: Key leading countries
Part 10: Market drivers
Part 11: Impact of drivers
Part 12: Market challenges
Part 13: Impact of drivers and challenges
Part 14: Market trends
Part 15: Vendor landscape
Part 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/nd9zmx/global_flavored