The Dairy-Based Beverages Industry sales study offers a comprehensive analysis on diverse features including production capacities, Dairy-Based Beverages demand, product developments, sales revenue generation and Dairy-Based Beverages market outlook across the globe.
market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Dairy-Based Beverages market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size of various end-use segments
The milk segment is anticipated to cross a valuation of USD 331.80 billion by end of this year 2023. The market is further likely to grow with a CAGR of 6% in the duration of 2023-2027. The average volume of milk consumption is expected to account 30.3Kg per person in 2023.
The readability score of the Dairy-Based Beverages market demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Dairy-Based Beverages market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Dairy-Based Beverages along with key stakeholders as well as emerging players associated with the manufacturing of product.
The Key trends Analysis of Extended Dairy-Based Beverages market also provides dynamics that are responsible for influencing the future sales and demand of over the forecast period.
Regional Insights
The regions with more population are expected to experience more demand in the upcoming years, as consumption is increasing, such as the Asia Pacific. The North American dairy-based beverages market is expected to have significant growth as per the increasing consumer demand for nutritious food. Dairy-based beverages, due to increasing awareness among consumers regarding health, expect high consumption rates.
The European Union countries accounted for a major share in terms of exports of dairy products in the year 2021. The USA accounted for the second-highest exports after Europe followed by India and China. Asian countries like India and China owe a significant share in terms of the production of dairy beverages due to high demand from the population.
Competitive Landscape
The global dairy sector is highly competitive due to major local and international brands’ presence. The level of competition, production shares, the yearly average compound growth rate of milk production, the cost of milk production, and trends in the level of competition in milk production have all been looked at in the global milk market. The industrialized world has the highest cost of milk producers due to relatively high milk prices and direct government backing.
India mostly uses a smallholder production strategy for its dairy farming. Indian farmers often have a herd of two to three dairy species (cows and buffalo). More than 40% of agricultural households in India produce milk since it is a livestock business they can start up relatively easily to increase their income. India’s dairy industry is expanding at a demand-driven, inclusive, and poor-friendly rate.
Large, specialized commercial farms are the norm for dairy farms in Europe. The milk producers’ organizations make use of their collective bargaining strength, and contracts and business connections in the supply chain are highly developed. In India, the production, processing, and distribution of milk are still dominated by the unorganized sector. Dairy markets are typically fragmented, traditional, and unorganized. Manufacturers are likely to have opportunities in developing regions for organized dairy sector growth in the forecast period.
Segmentation
- By Product Type :
- Yogurt
- Buttermilk
- Flavored milk
- Smoothies
- Shakes
- Raw milk
- Whey
- By Packaging Type :
- Can
- Pouch
- Bottle
- Cup
- Tetra pack
- By Region :
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
- Japan
- Middle East and Africa
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