A fresh study, covering “Flavored Milk Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been broadcasted to wide online repository of Fact MR, which presents deep focus on the Food & Beverages Market. This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the Flavored Milk Market.
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raditional Grocery Retailers will Remain Dominant in the Global Flavored Milk Market
On the basis of sales channel, although traditional grocery retailers are estimated to remain dominant in the global flavored milk market, sales of flavored milk in modern grocery retail segment will continue to register the highest CAGR through 2022. Non-grocery retailers are expected to be the second largest sales channel for flavored milk by 2022-end.
Tin and can packaging for flavored milk will remain preferred among consumers in the global market, with sales poised to reach nearly US$ 20,000 Mn in revenues by 2022-end. Tin and can packaging for flavored milk is estimated to account for over one-third share of the market during 2017 to 2022. PET bottles will remain the second most lucrative packaging for flavored milk. Sales of flavored milk packed in cartons are expected to register a comparatively higher CAGR than those packed in PET bottles through 2022.
Chocolate Flavored Milk to Remain Sought-after in the Market
Chocolate flavored milk are anticipated to remain sought-after in the global flavored milk market. Sales of chocolate flavored milk will surpass US$ 10,000 Mn in revenues by 2022-end. Between coffee, and vanilla flavored milk, revenues from vanilla flavored milk will remain higher, while sales of coffee flavored milk will register a faster expansion through 2022.
In terms of revenues, Europe is estimated to remain the most lucrative market for flavored milk, and is expected to account for over one-fourth share of the market during 2017 to 2022. Sales of flavored milk will register the fastest expansion in Asia Pacific excluding Japan (APEJ), to make APEJ the second largest market for flavored milk by 2022-end.
Key players mentioned in the global flavored milk market are Danone, Nestlé S.A., Fonterra Co-operative Group Limited, China Mengniu Dairy Company Limited, Dairy Farmers of America, Inc., Koninklijke Friesland Campina N.V., Dean Foods Company, Morinaga Milk Industry Co., Ltd., Gujarat Cooperative Milk Marketing Federation Ltd., National Dairy Development Board, Inner Mongolia Yili Industrial Group Co., Ltd., and Grupo Lala, S.A.B. de C.V.
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