Abstract
Summary
The Asia-Pacific milk-based drinks market is expected to reach USD 3,036,407.31 thousand by 2030 from USD 2,178,762.30 thousand in 2022, growing at a CAGR of 4.3% during the forecast period of 2023 to 2030.
Market Segmentation
Asia-Pacific 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 (India, China, Japan, Australia & New Zealand, South Korea, Singapore, Thailand, Indonesia, Malaysia, Philippines, and Rest of Asia-Pacific) - Industry Trends and Forecast to 2030
Overview of Asia-Pacific Milk-Based Drinks Market Dynamics
Driver
• Increasing consumer consciousness regarding health and well-being
Restraint/Challenge
• Supply chain disruptions due to various factors
Opportunity
• E-commerce and direct-to-consumer (DTC) sales
Market Players
Some of the key market players operating in the Asia-Pacific 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 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 OVERVIEW 13
1.4 LIMITATIONS 14
1.5 MARKETS COVERED 14
2 MARKET SEGMENTATION 18
2.1 MARKETS COVERED 18
2.2 GEOGRAPHICAL SCOPE 19
2.3 YEARS CONSIDERED FOR THE STUDY 20
2.4 CURRENCY AND PRICING 20
2.5 DBMR TRIPOD DATA VALIDATION MODEL 21
2.6 MULTIVARIATE MODELING 24
2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 25
2.8 DBMR MARKET POSITION GRID 26
2.9 DBMR VENDOR SHARE ANALYSIS 27
2.10 SECONDARY SOURCES 28
2.11 ASSUMPTIONS 29
3 EXECUTIVE SUMMARY 30
4 PREMIUM INSIGHTS 32
5 MARKET OVERVIEW 33
5.1 DRIVERS 35
5.1.1 GROWING POPULARITY OF CONVENIENCE AND FAST-PACED LIFESTYLES 35
5.1.2 INCREASING CONSUMER CONSCIOUSNESS REGARDING HEALTH AND WELL-BEING 35
5.1.3 ONGOING PRODUCT INNOVATION AND THE EMERGENCE OF DISTINCTIVE AND EXOTIC FLAVORS 36
5.2 RESTRAINTS 37
5.2.1 RISING LACTOSE INTOLERANCE AND DAIRY ALLERGIES 37
5.2.2 SUPPLY CHAIN DISRUPTIONS DUE TO VARIOUS FACTORS 38
5.3 OPPORTUNITIES 39
5.3.1 INCREASING FAVORABILITY OF VEGAN AND PLANT-BASED DIETARY CHOICES 39
5.4 CHALLENGE 39
5.4.1 STRINGENT RULES AND REGULATIONS 39
6 ASIA-PACIFIC MILK-BASED DRINKS MARKET BY GEOGRAPHY 41
6.1 ASIA PACIFIC 41
7 ASIA-PACIFIC MILK-BASED DRINKS MARKET: COMPANY LANDSCAPE 66
7.1 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 66
7.2 PARTNERSHIPS AND ACQUISITION 67
7.3 BUSINESS EXPANSION 67
7.4 NEW PRODUCT LAUNCH 68
8 SWOT ANALYSIS 69
9 COMPANY PROFILES 70
9.1 OATLY INC 70
9.1.1 COMPANY SNAPSHOT 70
9.1.2 REVENUE ANALYSIS 70
9.1.3 COMPANY SHARE ANALYSIS 71
9.1.4 PRODUCT PORTFOLIO 71
9.1.5 RECENT DEVELOPMENT 72
9.2 DANONE S.A 73
9.2.1 COMPANY SNAPSHOT 73
9.2.2 REVENUE ANALYSIS 73
9.2.3 COMPANY SHARE ANALYSIS 74
9.2.4 PRODUCT PORTFOLIO 74
9.2.5 RECENT DEVELOPMENTS 74
9.3 ARLA FOODS AMBA 75
9.3.1 COMPANY SNAPSHOT 75
9.3.2 COMPANY SHARE ANALYSIS 75
9.3.3 PRODUCT PORTFOLIO 76
9.3.4 RECENT DEVELOPMENT 76
9.4 NESTLÉ 77
9.4.1 COMPANY SNAPSHOT 77
9.4.2 REVENUE ANALYSIS 78
9.4.3 COMPANY SHARE ANALYSIS 78
9.4.4 PRODUCT PORTFOLIO 79
9.4.5 RECENT DEVELOPMENTS 79
9.5 GCMMF 80
9.5.1 COMPANY SNAPSHOT 80
9.5.2 COMPANY SHARE ANALYSIS 80
9.5.3 PRODUCT PORTFOLIO 81
9.5.4 RECENT DEVELOPMENTS 81
9.6 CALIFIA FARMS, LLC 82
9.6.1 COMPANY SNAPSHOT 82
9.6.2 PRODUCT PORTFOLIO 82
9.6.3 RECENT DEVELOPMENTS 82
9.7 CHOBANI, LLC 83
9.7.1 COMPANY SNAPSHOT 83
9.7.2 PRODUCT PORTFOLIO 83
9.7.3 RECENT DEVELOPMENTS 83
9.8 MOOALA BRANDS, LLC 84
9.8.1 COMPANY SNAPSHOT 84
9.8.2 PRODUCT PORTFOLIO 84
9.8.3 RECENT DEVELOPMENTS 85
9.9 RUDE HEALTH 86
9.9.1 COMPANY SNAPSHOT 86
9.9.2 PRODUCT PORTFOLIO 86
9.9.3 RECENT DEVELOPMENTS 86
9.10 SANITARIUM 87
9.10.1 COMPANY SNAPSHOT 87
9.10.2 PRODUCT PORTFOLIO 87
9.10.3 RECENT DEVELOPMENTS 88
9.11 SIMPLE FOODS CO., LTD 89
9.11.1 COMPANY SNAPSHOT 89
9.11.2 PRODUCT PORTFOLIO 89
9.11.3 RECENT DEVELOPMENTS 89
9.12 THE HERSHEY COMPANY 90
9.12.1 COMPANY SNAPSHOT 90
9.12.2 REVENUE ANALYSIS 90
9.12.3 PRODUCT PORTFOLIO 91
9.12.4 RECENT DEVELOPMENT 91
9.13 TURM-SAHNE GMBH 92
9.13.1 COMPANY SNAPSHOT 92
9.13.2 PRODUCT PORTFOLIO 92
9.13.3 RECENT DEVELOPMENTS 92
9.14 VALSOIA S.P.A 93
9.14.1 COMPANY SNAPSHOT 93
9.14.2 REVENUE ANALYSIS 93
9.14.3 PRODUCT PORTFOLIO 94
9.14.4 RECENT DEVELOPMENT 94
9.15 YEO HIAP SENG LTD 95
9.15.1 COMPANY SNAPSHOT 95
9.15.2 REVENUE ANALYSIS 95
9.15.3 PRODUCT PORTFOLIO 96
9.15.4 RECENT DEVELOPMENTS 96
10 QUESTIONNAIRE 97
11 RELATED REPORTS 99