IMARC’s latest study “Flavoured Milk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” provides a techno-commercial roadmap for setting up a flavoured milk manufacturing plant. According to the report, the global flavoured milk market grew at a CAGR of 4.5% during 2011-2018 and reached a volume of 22.8 Billion Litres in 2018. There are a number of key factors that are driving the demand of flavoured milk globally. It is a ready-to-drink beverage and suits on-the-go lifestyle of the people. It comes in a large variety of flavours which appeal the most to the young consumers. Added nutrients in the flavoured milk attract the consumers who have a desire for more nutritious and healthy food. Urbanization and increasing disposable incomes also fuel the eagerness of the consumers to try new tastes. This report provides historical volume, value and price trends of flavoured milk during 2011-2018 and forecasts till 2024.
On a regional level, the report has analyzed the flavoured milk market in the following regions – Asia-Pacific, Western Europe, North America, Latin America, Eastern Europe, Africa. According to the report, Asia-Pacific is currently the biggest market of flavoured milk followed by North America, Latin America, Western Europe, Africa and Eastern Europe. For each of the regions, this report provides both historical (2011-2018) and future (2019-2024) trends in the flavoured milk market. Other important market engineering aspects such as the competitive landscape, margin analysis, porters five forces analysis, value chain analysis, etc. have also been thoroughly evaluated in this report.
The report also provides a detailed technical insight on setting up and operating a flavoured milk manufacturing plant. This includes the manufacturing process, machinery requirements, land requirements, labour requirements, packaging requirements, transportation requirements, power requirements, incomes, expenditures, profit margins, NPV, IRR, etc. In order to provide a clearer picture, the report has also presented this information in the form of a dynamic excel model where users can analyze the entire information and also change various inputs according to their requirements.
The study, which has been done by one of the world’s leading research and advisory firms, covers all the requisite aspects of the global flavoured milk industry. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the flavoured milk industry in any manner.
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