Market Overview:
The North America flavoured milk market size reached 3.1 Billion Litres in 2023. Looking forward, IMARC Group expects the market to reach 4.8 Billion Litres by 2032, exhibiting a growth rate (CAGR) of 4.9% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
3.1 Billion Litres |
Market Forecast in 2032
|
4.8 Billion Litres |
Market Growth Rate 2024-2032 |
4.9% |
Flavoured milk refers to the milk that contains added artificial or natural flavours, food coloring and sugar. It is pasteurized using ultra-high-temperature (UHT) treatment, which gives flavoured milk a longer shelf-life than regular milk. Flavoured milk has high nutritional value and contains carbohydrates, sodium, calcium, and vitamins, such as vitamin A and D. Owing to this, some flavoured milk products are formulated and distributed as dietary supplements with additional vitamins or minerals. This has led to a rise in its demand across the globe.
The North America flavoured milk market is being driven by several factors. Rising awareness amongst consumers regarding the high calcium and protein content of flavoured milk has catalyzed its demand in the region. Furthermore, with increasing cases of lifestyle diseases due to the unhealthy diets, consumers are shifting towards flavoured milk, as a healthier alternative to other ready-to-drink beverages. Additionally, unlike regular milk, flavoured milk can be consumed directly without boiling and adding other supplements. On account of this, it has become an ideal solution for on-the-go lifestyles of consumers. Moreover, the availability of flavoured milk in various flavours, such as chocolate, vanilla, mango and strawberry, has catered to different tastes and preferences of consumers, thereby propelling the demand. Furthermore, flavoured milk is being offered in the schools and college cafeterias to meet the daily milk intake of students, which has also contributed to the market growth in the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America flavoured milk market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on flavour, packaging and distribution channel.
- Key Regions Analysed
- Analysis for Each Country
- Market by Flavour
- Chocolate
- Fruit
- Vanilla
- Others
- Market by Packaging
- Paper Based
- Plastic Based
- Glass Based
- Metal Based
- Market by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Stores
- Others
- Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
Billion Litres |
Segment Coverage |
Flavour, Packaging, Distribution Channel, Country |
Countries Covered |
United States, Canada |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the North America flavoured milk market performed so far and how will it perform in the coming years?
- What are the key regions in the North America flavoured milk market?
- What has been the impact of COVID-19 on the North America flavoured milk market?
- What is the breakup of the North America flavoured milk market on the basis of flavour?
- What is the breakup of the North America flavoured milk market on the basis of packaging?
- What is the breakup of the North America flavoured milk market on the basis of distribution channel?
- What are the various stages in the value chain of the North America flavoured milk industry?
- What are the key driving factors and challenges in the North America flavoured milk industry?
- What is the structure of the North America flavoured milk industry and who are the key players?
- What is the degree of competition in the North America flavoured milk industry?
- What are the profit margins in the North America flavoured milk industry?