NA Milk-Based Drinks Market- Industry Trends and Forecast to 2034

Abstract

Summary

The North America milk-based drinks market is expected to reach USD 1,484,244.40 thousand by 2030 from USD 1,010,248.20 thousand in 2022, growing at a CAGR of 5.0% during the forecast period of 2023 to 2030. Market Segmentation North America 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, and Mexico) - Industry Trends and Forecast to 2030 Overview of North America Milk-Based Drinks Market Dynamics Driver • Convenience and on-the-go consumption of milk-based drinks Restraint/Challenge • Sustainability and ethical sourcing Opportunity • E-commerce and direct-to-consumer (DTC) sales Market Players Some of the key market players operating in the North America 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

1 INTRODUCTION 10
- 1.1 OBJECTIVES OF THE STUDY 10
- 1.2 MARKET DEFINITION 10
- 1.3 OVERVIEW 10
- 1.4 LIMITATIONS 11
- 1.5 MARKETS COVERED 11
2 MARKET SEGMENTATION 15
- 2.1 MARKETS COVERED 15
- 2.2 GEOGRAPHICAL SCOPE 16
- 2.3 YEARS CONSIDERED FOR THE STUDY 17
- 2.4 CURRENCY AND PRICING 17
- 2.5 DBMR TRIPOD DATA VALIDATION MODEL 18
- 2.6 MULTIVARIATE MODELING 21
- 2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 22
- 2.8 DBMR MARKET POSITION GRID 23
- 2.9 DBMR VENDOR SHARE ANALYSIS 24
- 2.10 SECONDARY SOURCES 25
- 2.11 ASSUMPTIONS 26
3 EXECUTIVE SUMMARY 27
4 PREMIUM INSIGHTS 29
5 MARKET OVERVIEW 30
- 5.1 DRIVERS 32
  - 5.1.1 GROWING POPULARITY OF CONVENIENCE AND FAST-PACED LIFESTYLES 32
  - 5.1.2 INCREASING CONSUMER CONSCIOUSNESS REGARDING HEALTH AND WELL-BEING 32
  - 5.1.3 ONGOING PRODUCT INNOVATION AND THE EMERGENCE OF DISTINCTIVE AND EXOTIC FLAVORS 33
- 5.2 RESTRAINTS 34
  - 5.2.1 RISING LACTOSE INTOLERANCE AND DAIRY ALLERGIES 34
  - 5.2.2 SUPPLY CHAIN DISRUPTIONS DUE TO VARIOUS FACTORS 35
- 5.3 OPPORTUNITIES 36
  - 5.3.1 INCREASING FAVORABILITY OF VEGAN AND PLANT-BASED DIETARY CHOICES 36
- 5.4 CHALLENGE 36
  - 5.4.1 STRINGENT RULES AND REGULATIONS 36
6 NORTH AMERICA MILK-BASED DRINKS MARKET BY GEOGRAPHY 38
- 6.1 NORTH AMERICA 38
7 NORTH AMERICA MILK-BASED DRINKS MARKET: COMPANY LANDSCAPE 47
- 7.1 COMPANY SHARE ANALYSIS: NORTH AMERICA 47
- 7.2 PARTNERSHIPS AND ACQUISITION 48
- 7.3 BUSINESS EXPANSION 48
- 7.4 NEW PRODUCT LAUNCH 49
8 SWOT ANALYSIS 50
9 COMPANY PROFILES 51
- 9.1 OATLY INC 51
  - 9.1.1 COMPANY SNAPSHOT 51
  - 9.1.2 REVENUE ANALYSIS 51
  - 9.1.3 COMPANY SHARE ANALYSIS 52
  - 9.1.4 PRODUCT PORTFOLIO 52
  - 9.1.5 RECENT DEVELOPMENT 53
- 9.2 DANONE S.A 54
  - 9.2.1 COMPANY SNAPSHOT 54
  - 9.2.2 REVENUE ANALYSIS 54
  - 9.2.3 COMPANY SHARE ANALYSIS 55
  - 9.2.4 PRODUCT PORTFOLIO 55
  - 9.2.5 RECENT DEVELOPMENTS 55
- 9.3 ARLA FOODS AMBA 56
  - 9.3.1 COMPANY SNAPSHOT 56
  - 9.3.2 COMPANY SHARE ANALYSIS 56
  - 9.3.3 PRODUCT PORTFOLIO 57
  - 9.3.4 RECENT DEVELOPMENT 57
- 9.4 NESTLÉ 58
  - 9.4.1 COMPANY SNAPSHOT 58
  - 9.4.2 REVENUE ANALYSIS 59
  - 9.4.3 COMPANY SHARE ANALYSIS 59
  - 9.4.4 PRODUCT PORTFOLIO 60
  - 9.4.5 RECENT DEVELOPMENTS 60
- 9.5 GCMMF 61
  - 9.5.1 COMPANY SNAPSHOT 61
  - 9.5.2 COMPANY SHARE ANALYSIS 61
  - 9.5.3 PRODUCT PORTFOLIO 62
  - 9.5.4 RECENT DEVELOPMENTS 62
- 9.6 CALIFIA FARMS, LLC 63
  - 9.6.1 COMPANY SNAPSHOT 63
  - 9.6.2 PRODUCT PORTFOLIO 63
  - 9.6.3 RECENT DEVELOPMENTS 63
- 9.7 CHOBANI, LLC 64
  - 9.7.1 COMPANY SNAPSHOT 64
  - 9.7.2 PRODUCT PORTFOLIO 64
  - 9.7.3 RECENT DEVELOPMENTS 64
- 9.8 MOOALA BRANDS, LLC 65
  - 9.8.1 COMPANY SNAPSHOT 65
  - 9.8.2 PRODUCT PORTFOLIO 65
  - 9.8.3 RECENT DEVELOPMENTS 66
- 9.9 RUDE HEALTH 67
  - 9.9.1 COMPANY SNAPSHOT 67
  - 9.9.2 PRODUCT PORTFOLIO 67
  - 9.9.3 RECENT DEVELOPMENTS 67
- 9.10 SANITARIUM 68
  - 9.10.1 COMPANY SNAPSHOT 68
  - 9.10.2 PRODUCT PORTFOLIO 68
  - 9.10.3 RECENT DEVELOPMENTS 69
- 9.11 SIMPLE FOODS CO., LTD 70
  - 9.11.1 COMPANY SNAPSHOT 70
  - 9.11.2 PRODUCT PORTFOLIO 70
  - 9.11.3 RECENT DEVELOPMENTS 70
- 9.12 THE HERSHEY COMPANY 71
  - 9.12.1 COMPANY SNAPSHOT 71
  - 9.12.2 REVENUE ANALYSIS 71
  - 9.12.3 PRODUCT PORTFOLIO 72
  - 9.12.4 RECENT DEVELOPMENT 72
- 9.13 TURM-SAHNE GMBH 73
  - 9.13.1 COMPANY SNAPSHOT 73
  - 9.13.2 PRODUCT PORTFOLIO 73
  - 9.13.3 RECENT DEVELOPMENTS 73
- 9.14 VALSOIA S.P.A 74
  - 9.14.1 COMPANY SNAPSHOT 74
  - 9.14.2 REVENUE ANALYSIS 74
  - 9.14.3 PRODUCT PORTFOLIO 75
  - 9.14.4 RECENT DEVELOPMENT 75
- 9.15 YEO HIAP SENG LTD 76
  - 9.15.1 COMPANY SNAPSHOT 76
  - 9.15.2 REVENUE ANALYSIS 76
  - 9.15.3 PRODUCT PORTFOLIO 77
  - 9.15.4 RECENT DEVELOPMENTS 77
10 QUESTIONNAIRE 78
11 RELATED REPORTS 80

NA Milk-Based Drinks Market- Industry Trends and Forecast to 2034 ‐ Food_Beverage_Agriculture Market

NA Milk-Based Drinks Market- Industry Trends and Forecast to 2034 ‐ Food_Beverage_Agriculture Market

Abstract

Summary

Table of Contents

1 INTRODUCTION 10

1.1 OBJECTIVES OF THE STUDY 10

1.2 MARKET DEFINITION 10

1.3 OVERVIEW 10

1.4 LIMITATIONS 11

1.5 MARKETS COVERED 11

2 MARKET SEGMENTATION 15

2.1 MARKETS COVERED 15

2.2 GEOGRAPHICAL SCOPE 16

2.3 YEARS CONSIDERED FOR THE STUDY 17

2.4 CURRENCY AND PRICING 17

2.5 DBMR TRIPOD DATA VALIDATION MODEL 18

2.6 MULTIVARIATE MODELING 21

2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 22

2.8 DBMR MARKET POSITION GRID 23

2.9 DBMR VENDOR SHARE ANALYSIS 24

2.10 SECONDARY SOURCES 25

2.11 ASSUMPTIONS 26

3 EXECUTIVE SUMMARY 27

4 PREMIUM INSIGHTS 29

5 MARKET OVERVIEW 30

5.1 DRIVERS 32

5.1.1 GROWING POPULARITY OF CONVENIENCE AND FAST-PACED LIFESTYLES 32

5.1.2 INCREASING CONSUMER CONSCIOUSNESS REGARDING HEALTH AND WELL-BEING 32

5.1.3 ONGOING PRODUCT INNOVATION AND THE EMERGENCE OF DISTINCTIVE AND EXOTIC FLAVORS 33

5.2 RESTRAINTS 34

5.2.1 RISING LACTOSE INTOLERANCE AND DAIRY ALLERGIES 34

5.2.2 SUPPLY CHAIN DISRUPTIONS DUE TO VARIOUS FACTORS 35

5.3 OPPORTUNITIES 36

5.3.1 INCREASING FAVORABILITY OF VEGAN AND PLANT-BASED DIETARY CHOICES 36

5.4 CHALLENGE 36

5.4.1 STRINGENT RULES AND REGULATIONS 36

6 NORTH AMERICA MILK-BASED DRINKS MARKET BY GEOGRAPHY 38

6.1 NORTH AMERICA 38

7 NORTH AMERICA MILK-BASED DRINKS MARKET: COMPANY LANDSCAPE 47

7.1 COMPANY SHARE ANALYSIS: NORTH AMERICA 47

7.2 PARTNERSHIPS AND ACQUISITION 48

7.3 BUSINESS EXPANSION 48

7.4 NEW PRODUCT LAUNCH 49

8 SWOT ANALYSIS 50

9 COMPANY PROFILES 51

9.1 OATLY INC 51

9.1.1 COMPANY SNAPSHOT 51

9.1.2 REVENUE ANALYSIS 51

9.1.3 COMPANY SHARE ANALYSIS 52

9.1.4 PRODUCT PORTFOLIO 52

9.1.5 RECENT DEVELOPMENT 53

9.2 DANONE S.A 54

9.2.1 COMPANY SNAPSHOT 54

9.2.2 REVENUE ANALYSIS 54

9.2.3 COMPANY SHARE ANALYSIS 55

9.2.4 PRODUCT PORTFOLIO 55

9.2.5 RECENT DEVELOPMENTS 55

9.3 ARLA FOODS AMBA 56

9.3.1 COMPANY SNAPSHOT 56

9.3.2 COMPANY SHARE ANALYSIS 56

9.3.3 PRODUCT PORTFOLIO 57

9.3.4 RECENT DEVELOPMENT 57

9.4 NESTLÉ 58

9.4.1 COMPANY SNAPSHOT 58

9.4.2 REVENUE ANALYSIS 59

9.4.3 COMPANY SHARE ANALYSIS 59

9.4.4 PRODUCT PORTFOLIO 60

9.4.5 RECENT DEVELOPMENTS 60

9.5 GCMMF 61

9.5.1 COMPANY SNAPSHOT 61

9.5.2 COMPANY SHARE ANALYSIS 61

9.5.3 PRODUCT PORTFOLIO 62

9.5.4 RECENT DEVELOPMENTS 62

9.6 CALIFIA FARMS, LLC 63

9.6.1 COMPANY SNAPSHOT 63

9.6.2 PRODUCT PORTFOLIO 63

9.6.3 RECENT DEVELOPMENTS 63

9.7 CHOBANI, LLC 64

9.7.1 COMPANY SNAPSHOT 64