Abstract
Summary
The global milk-based drinks market is expected to reach USD 6,636,427.80 thousand by 2030 from USD 4,738,500.00 thousand in 2022, growing at a CAGR of 4.4% during the forecast period of 2023 to 2030.
Market Segmentation
Global Milk-Based Drinks Market, By Product (Animal-Based Milk and Plant-Based Milk), Flavor (Flavored and Unflavored/Plain), Nature (Organic and Conventional), Distribution Channel (Store Based Retailer and Non-Store Retailer), Country (U.S., Canada, Mexico, Germany, Italy, U.K., Spain, France, Belgium, Netherlands, Switzerland, Russia, Turkey, Rest of Europe, India, China, Japan, Australia & New Zealand, South Korea, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, South Africa, Egypt, Israel, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2030
Overview of Global Milk-Based Drinks Market Dynamics
Driver
• Growing popularity of convenience and fast-paced lifestyles
Restraint/Challenge
• Rising lactose intolerance and dairy allergies
Opportunity
• Increasing favorability of vegan and plant-based dietary choices
Market Players
Some of the key market players operating in the global milk-based drinks market are:
• Califia Farms, LLC
• MOOALA BRANDS, LLC.
• Chobani, LLC.
• Simple Foods Co., Ltd.
• TURM-Sahne GmbH
• Sanitarium
• Arla Foods amba
• RUDE HEALTH
• Danone S.A.
• Nestlé
• THE HERSHEY COMPANY
• Oatly Inc
• YEO HIAP SENG LTD
• Valsoia S.p.A.
• GCMMF
Table of Contents
1 INTRODUCTION 24
1.1 OBJECTIVES OF THE STUDY 24
1.2 MARKET DEFINITION 24
1.3 OVERVIEW 24
1.4 LIMITATIONS 25
1.5 MARKETS COVERED 25
2 MARKET SEGMENTATION 29
2.1 MARKETS COVERED 29
2.2 GEOGRAPHICAL SCOPE 30
2.3 YEARS CONSIDERED FOR THE STUDY 31
2.4 CURRENCY AND PRICING 31
2.5 DBMR TRIPOD DATA VALIDATION MODEL 32
2.6 MULTIVARIATE MODELING 35
2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 36
2.8 DBMR MARKET POSITION GRID 37
2.9 DBMR VENDOR SHARE ANALYSIS 38
2.10 SECONDARY SOURCES 39
2.11 ASSUMPTIONS 40
3 EXECUTIVE SUMMARY 41
4 PREMIUM INSIGHTS 43
5 MARKET OVERVIEW 44
5.1 DRIVERS 46
5.1.1 GROWING POPULARITY OF CONVENIENCE AND FAST-PACED LIFESTYLES 46
5.1.2 INCREASING CONSUMER CONSCIOUSNESS REGARDING HEALTH AND WELL-BEING 46
5.1.3 ONGOING PRODUCT INNOVATION AND THE EMERGENCE OF DISTINCTIVE AND EXOTIC FLAVORS 47
5.2 RESTRAINTS 48
5.2.1 RISING LACTOSE INTOLERANCE AND DAIRY ALLERGIES 48
5.2.2 SUPPLY CHAIN DISRUPTIONS DUE TO VARIOUS FACTORS 49
5.3 OPPORTUNITIES 50
5.3.1 INCREASING FAVORABILITY OF VEGAN AND PLANT-BASED DIETARY CHOICES 50
5.4 CHALLENGE 50
5.4.1 STRINGENT RULES AND REGULATIONS 50
6 GLOBAL MILK-BASED DRINKS MARKET BY GEOGRAPHY 52
6.1 OVERVIEW 52
6.2 ASIA PACIFIC 55
6.3 NORTH AMERICA 80
6.4 EUROPE 89
6.5 SOUTH AMERICA 114
6.6 MIDDLE EAST & AFRICA 122
7 GLOBAL MILK-BASED DRINKS MARKET: COMPANY LANDSCAPE 137
7.1 COMPANY SHARE ANALYSIS: GLOBAL 137
7.2 COMPANY SHARE ANALYSIS: EUROPE 138
7.3 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 139
7.4 COMPANY SHARE ANALYSIS: NORTH AMERICA 140
7.5 PARTNERSHIPS AND ACQUISITION 141
7.6 BUSINESS EXPANSION 141
7.7 NEW PRODUCT LAUNCH 142
8 SWOT ANALYSIS 143
9 COMPANY PROFILES 144
9.1 OATLY INC 144
9.1.1 COMPANY SNAPSHOT 144
9.1.2 REVENUE ANALYSIS 144
9.1.3 COMPANY SHARE ANALYSIS 145
9.1.4 PRODUCT PORTFOLIO 145
9.1.5 RECENT DEVELOPMENT 146
9.2 DANONE S.A 147
9.2.1 COMPANY SNAPSHOT 147
9.2.2 REVENUE ANALYSIS 147
9.2.3 COMPANY SHARE ANALYSIS 148
9.2.4 PRODUCT PORTFOLIO 148
9.2.5 RECENT DEVELOPMENTS 148
9.3 ARLA FOODS AMBA 149
9.3.1 COMPANY SNAPSHOT 149
9.3.2 COMPANY SHARE ANALYSIS 149
9.3.3 PRODUCT PORTFOLIO 150
9.3.4 RECENT DEVELOPMENT 150
9.4 NESTLÉ 151
9.4.1 COMPANY SNAPSHOT 151
9.4.2 REVENUE ANALYSIS 152
9.4.3 COMPANY SHARE ANALYSIS 152
9.4.4 PRODUCT PORTFOLIO 153
9.4.5 RECENT DEVELOPMENTS 153
9.5 GCMMF 154
9.5.1 COMPANY SNAPSHOT 154
9.5.2 COMPANY SHARE ANALYSIS 154
9.5.3 PRODUCT PORTFOLIO 155
9.5.4 RECENT DEVELOPMENTS 155
9.6 CALIFIA FARMS, LLC 156
9.6.1 COMPANY SNAPSHOT 156
9.6.2 PRODUCT PORTFOLIO 156
9.6.3 RECENT DEVELOPMENTS 156
9.7 CHOBANI, LLC 157
9.7.1 COMPANY SNAPSHOT 157
9.7.2 PRODUCT PORTFOLIO 157
9.7.3 RECENT DEVELOPMENTS 157
9.8 MOOALA BRANDS, LLC 158
9.8.1 COMPANY SNAPSHOT 158
9.8.2 PRODUCT PORTFOLIO 158
9.8.3 RECENT DEVELOPMENTS 159
9.9 RUDE HEALTH 160
9.9.1 COMPANY SNAPSHOT 160
9.9.2 PRODUCT PORTFOLIO 160
9.9.3 RECENT DEVELOPMENTS 160
9.10 SANITARIUM 161
9.10.1 COMPANY SNAPSHOT 161
9.10.2 PRODUCT PORTFOLIO 161
9.10.3 RECENT DEVELOPMENTS 162
9.11 SIMPLE FOODS CO., LTD 163
9.11.1 COMPANY SNAPSHOT 163
9.11.2 PRODUCT PORTFOLIO 163
9.11.3 RECENT DEVELOPMENTS 163
9.12 THE HERSHEY COMPANY 164
9.12.1 COMPANY SNAPSHOT 164
9.12.2 REVENUE ANALYSIS 164
9.12.3 PRODUCT PORTFOLIO 165
9.12.4 RECENT DEVELOPMENT 165
9.13 TURM-SAHNE GMBH 166
9.13.1 COMPANY SNAPSHOT 166
9.13.2 PRODUCT PORTFOLIO 166
9.13.3 RECENT DEVELOPMENTS 166
9.14 VALSOIA S.P.A 167
9.14.1 COMPANY SNAPSHOT 167
9.14.2 REVENUE ANALYSIS 167
9.14.3 PRODUCT PORTFOLIO 168
9.14.4 RECENT DEVELOPMENT 168
9.15 YEO HIAP SENG LTD 169
9.15.1 COMPANY SNAPSHOT 169
9.15.2 REVENUE ANALYSIS 169
9.15.3 PRODUCT PORTFOLIO 170
9.15.4 RECENT DEVELOPMENTS 170
10 QUESTIONNAIRE 171
11 RELATED REPORTS 173