Dairy Based Beverages Market to grow by USD 41.95 billion from 2022 to 2027, the market is segmented by Type, Distribution Channel, and Geography

NEW YORK, Oct. 12, 2023 /PRNewswire/ — The dairy based beverages market size is expected to grow by USD 41.95 billion from 2022 to 2027, according to Technavio. In addition, the growth momentum of the market will progress at a CAGR of 5.66% during the forecast period. The rising adoption of healthy food habits is notably driving the dairy-based beverages market. However, factors such as the availability of alternatives may impede market growth. The market is segmented by type (milk, yogurt, kefir, and others), distribution channel (supermarkets/hypermarkets, convenience stores, online retail, and others), and Geography (Europe, North America, APAC, South America, and Middle East and Africa). Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format

Key Segment Analysis

The market share growth by the milk segment is significant during the forecast period. One of the main sources of f vitamins and nutrients, including calcium, vitamin B12 (riboflavin), iodine, potassium, phosphorus, and vitamin B2. is the milk segment. As a result, many nutritionists and doctors recommend women consume milk as they are more vulnerable to developing bone diseases, such as osteoporosis, due to the hormonal changes in their bodies. The rapid growth in urbanization, the increasing prevalence of osteoporosis among women, the increasing awareness of healthy food habits, the rising availability of organic milk, and the increasing presence of the global market players of milk are some of the factors which are signficantly contributing to the growth of this segment. Hence, such factors are expected to fuel the growth of this segment which in turn will drive the market growth during the forecast period.

To know additional highlights and key points on various market segments and their impact in coming years, View FREE PDF Sample Report.

Geographical Market Analysis

The region offering significant growth opportunities to market players is Europe. The growing urbanization, the rising adoption of healthy food habits to reduce the chances of developing bone diseases, increasing awareness about organic products, the growing demand for online shopping of dairy products, and the presence of prominent market players are significantly contributing to the growth of the market in the region. In addition, there is a higher chance of developing osteoporosis in women. As a result, a significant percentage of the female population drives the consumption of dairy products to ensure proper calcium intake, which, in turn, is fuelling the growth of the market in Europe.

Company Insights

The dairy-based beverages market is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market’s competitive landscape and offers information on several market companies, including:

Agri Mark Inc., Agropur Dairy Cooperative, Arla Foods amba, Calidad Pascual SAU, Chobani Global Holdings LLC, Chr Hansen Holding AS, Dairy Farmers of America Inc., Fonterra Cooperative Group Ltd., General Mills Inc., Interfood Corp., Kerry Group Plc, KKR and Co. Inc., Morinaga Milk Industry Co. Ltd., Nestle SA, Organic Valley, Schreiber Foods Inc., The Kraft Heinz Co., The Wadia Group, Uelzena Group, and Danone SA

View FREE PDF Sample Report to find additional highlights on the growth strategies adopted by companies and their product offerings.

Related Reports:

The energy drinks market size is estimated to grow at a CAGR of 8% between 2022 and 2027. The market size is forecast to increase by USD 40.04 billion.

The non carbonated soft drinks market size is estimated to grow at a CAGR of 7.11% between 2022 and 2027. The market size is forecast to increase by USD 71.14 billion.

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Type

Market Segmentation by Distribution Channel

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com