The dairy based beverages market is forecasted to grow by USD 52.3 bn during 2023-2028, accelerating at a CAGR of 6.57% during the forecast period. The report on the dairy based beverages market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising adoption of healthy food habits, rapid growth in urbanization coupled with increasing consumption of dairy based beverages, and increasing awareness of health benefits of dairy based beverages.
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
5.73%
CAGR
6.57%
Incremental Value
$52.3 bn
Technavio's dairy based beverages market is segmented as below:
By Type
Milk
Yogurt
Kefir
Others
By Distribution Channel
Supermarkets or Hypermarkets
Convenience stores
Online retail
Others
By Geographical Landscape
Europe
North America
APAC
South America
Middle East and Africa
This study identifies the rising importance of organic dairy based beverages as one of the prime reasons driving the dairy based beverages market growth during the next few years. Also, innovation in dairy based beverage products and rising demand for online retail will lead to sizable demand in the market.
The report on the dairy based beverages market covers the following areas:
Dairy based beverages market sizing
Dairy based beverages market forecast
Dairy based beverages market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading dairy based beverages market vendors that include 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., Danone SA, Fonterra Cooperative Group Ltd., General Mills Inc., Interfood Corp., Kerry Group Plc, KKR and Co. Inc., Morinaga Milk Industry, Nestle SA, Organic Valley, Schreiber Foods Inc., The Kraft Heinz Co., The Wadia Group, and Uelzena Group. Also, the dairy based beverages market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ billion)
Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Dairy Based Beverages Market 2018 - 2022
Historic Market Size - Data Table on Global Dairy Based Beverages Market 2018 - 2022 ($ billion)