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Dairy Based Beverages Market Share, Growth & Forecast [2031]
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Dairy Based Beverages Market Share, Growth & Forecast [2031]

Segments - Dairy-based Beverages Market by Categories (Unflavored Drinks and Flavored Drinks), Types (Yogurt, Milk, Kefir, and Others), and Distribution Channels (Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Channels, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

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Author : Anuradha B. More
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Fact-checked by : Vaibhav Chandola
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Editor : Shruti Bhat

Upcoming | Report ID :FB-2652 | 4.5 Rating | 68 Reviews | 109 Pages | Format : PDF Excel PPT

Report Description


The global dairy-based beverages market size is expected to register a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing demand for probiotic drinks by health-conscious consumers and growing awareness about functional properties of milk products.

Global Dairy Based Beverages Market Key Takeaways

Dairy-based beverages offer a naturally nutritious base at time and fulfills desire of healthy drinks. Product such as probiotic shots are made by using flavors, colors, and healthful bacteria. It makes straight milk more complex but with nutritious. Yogurt, buttermilk, powdered milk, and condensed milk are consumed on a daily basis. It is essential source of nutrition and energy. Dairy-based beverages are present in many flavors. Health conscious groups of people are increasingly demanding for dairy-based beverages with adequate amount of cholesterol and fats.

  • Growing demand for health-promoting benefits of dairy-based beverages is estimated to propel the market growth.
  • New product launch and the addition of more supplements is anticipated to spur the growth of the market.
  • Rising young population, rapid urbanization, and high birth rates are expected to contribute to the growth of the market.
  • Increasing demand of carbonated drinks can hamper the growth of the market.
  • The prevalence of lactose intolerance disease can hinder the market growth.
  • Government initiatives to boost the consumption of milk in low- and middle-income countries can create lucrative opportunities for the growth of the market.

Scope of the Report

The report on the global dairy-based beverages market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Dairy-Based Beverages Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Categories (Unflavored Drinks and Flavored Drinks), Types (Yogurt, Milk, Kefir, and Others), and Distribution Channels (Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Channels, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Chr. Hansen; Arla Foods; Danone Groupe SA; Nestle; and Morinaga Nutritional Foods, Inc.

 

Dairy-Based Beverages Market Segment Insights

Flavored drinks segment is anticipated to constitute a key market share

In terms of categories, the market is divided into unflavored drinks and flavored drinks. The flavored drink segment is expected to constitute a key share of the market during the forecast period due to rising demand for flavored milk along with various types of flavored milk beverages such as mango, chocolates, and vanilla. Growing awareness of adverse impacts of carbonated beverages is inclining the interest of young population toward healthy beverages. Flavored drinks have nutrients such as phosphorus, potassium, riboflavin, protein, niacin, calcium, and vitamins A, D, and B12.

Milk segment is projected to account for a significant market share

Based on types, the dairy-based beverages market is segregated into yogurt, milk, kefir, and others. The milk segment is estimated to grow at a rapid pace due to growing consumer focus toward health and rising disposable income. Additionally, growing awareness of nutritive benefits of healthy ready-to-drink milk beverages among customers is driving the segment growth. Milk beverages hold several necessary nutrients such as calcium, potassium, protein, and vitamin A. Furthermore, increasing hectic routines of employed population with the growing health consciousness is likely to drive the consumption of milk-based beverages.

Global Dairy Based Beverages Market Types

Asia Pacific is expected to dominate the market

On the basis of regions, the market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate the market in the coming years. Increasing disposable income, rising population, growing health concerns, and continuous increase in number of working women are driving the growth of the market in region.

Global Dairy Based Beverages Market Regions

Segments

The global dairy-based beverages market has been segmented on the basis of:

Categories

  • Unflavored Drinks
  • Flavored Drinks

Types

  • Yogurt
  • Milk
  • Kefir
  • Others

Distribution Channels

  • Supermarkets/hypermarkets
  • Specialty Stores
  • Convenience stores
  • Online Channels
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key players

  • Chr. Hansen
  • Arla Foods
  • Danone Groupe SA
  • Nestle
  • Morinaga Nutritional Foods, Inc.

Competitive Landscape

The market is very competitive in nature owing to the presence of many major players. Some of the major players competing in the global dairy-based beverages market are Chr. Hansen; Arla Foods; Danone Groupe SA; Nestle; and Morinaga Nutritional Foods, Inc.

Global Dairy Based Beverages Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Dairy-based Beverages Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Dairy-based Beverages Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Dairy-based Beverages Market - Supply Chain
  4.5. Global Dairy-based Beverages Market Forecast
     4.5.1. Dairy-based Beverages Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Dairy-based Beverages Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Dairy-based Beverages Market Absolute $ Opportunity
5. Global Dairy-based Beverages Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Dairy-based Beverages Market Size and Volume Forecast by Types
     5.3.1. Yogurt
     5.3.2. Milk
     5.3.3. Kefir
     5.3.4. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Dairy-based Beverages Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Dairy-based Beverages Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Dairy-based Beverages Demand Share Forecast, 2019-2026
7. North America Dairy-based Beverages Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Dairy-based Beverages Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Dairy-based Beverages Market Size and Volume Forecast by Types
     7.4.1. Yogurt
     7.4.2. Milk
     7.4.3. Kefir
     7.4.4. Others
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Dairy-based Beverages Demand Share Forecast, 2019-2026
8. Latin America Dairy-based Beverages Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Dairy-based Beverages Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Dairy-based Beverages Market Size and Volume Forecast by Types
     8.4.1. Yogurt
     8.4.2. Milk
     8.4.3. Kefir
     8.4.4. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Dairy-based Beverages Demand Share Forecast, 2019-2026
9. Europe Dairy-based Beverages Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Dairy-based Beverages Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Dairy-based Beverages Market Size and Volume Forecast by Types
     9.4.1. Yogurt
     9.4.2. Milk
     9.4.3. Kefir
     9.4.4. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Dairy-based Beverages Demand Share Forecast, 2019-2026
10. Asia Pacific Dairy-based Beverages Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Dairy-based Beverages Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Dairy-based Beverages Market Size and Volume Forecast by Types
     10.4.1. Yogurt
     10.4.2. Milk
     10.4.3. Kefir
     10.4.4. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Dairy-based Beverages Demand Share Forecast, 2019-2026
11. Middle East & Africa Dairy-based Beverages Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Dairy-based Beverages Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Dairy-based Beverages Market Size and Volume Forecast by Types
     11.4.1. Yogurt
     11.4.2. Milk
     11.4.3. Kefir
     11.4.4. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Dairy-based Beverages Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Dairy-based Beverages Market: Market Share Analysis
  12.2. Dairy-based Beverages Distributors and Customers
  12.3. Dairy-based Beverages Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Chr. Hansen
     12.4.2. Arla Foods
     12.4.3. Danone Groupe SA
     12.4.4. Nestle
     12.4.5. Morinaga Nutritional Foods, Inc.

Methodology

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