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Global Flavored Dairy Market By Type (Milk, Yogurt, Cheese), By Flavor Type (Chocolate, Vanilla, Rose And Saffron), By Form (Solid, Liquid And Semisolid), By End-Use Industry (Food & Beverage Industry, Confectionery Industry) and by Regional Analysis (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast (2022 – 2027)

Published: January, 2022
ID: 4172
Pages: 175

Flavored Dairy Market Growth and Forecast (2022 - 2027):

The Global Flavored Dairy Market size is valued at US$ 33.2 Billion in 2021 and is anticipated to increase at US$ 127.7 Billion by 2027, with a growing CAGR 25.1% of in the next six years. The global flavor dairy market is supposed to witness a significant CAGR during the same period.

Flavored Dairy Market

Market Overview:

Dairy products are produced from the milk of mammals like buffalo, goats, camels and others. Flavorings are used in dairy products to alter or improve the flavor by adding certain ingredients. Delicious dairy products are sources of calcium and vitamin D, vitamins B2, B3, and B12. The milk and cheese sector is expected to dominate overall in the product type segment of the flavor dairy market worldwide. Dairy flavorings are processed and manufactured from dairy products such as milk, butter, cheese, and cream. This flavor is specially designed to increase the flavor and strength of dairy products. In non-dairy ingredients and formulations, dairy flavors are used in conjunction with other natural flavoring agents to provide a better flavor to the final product. Milk flavors offer various flavor profiles, such as butter, cheese, cream, and many other sweet and savory flavors. Many manufacturers in the food and beverage industry choose dairy flavors at a reasonable cost, which is expected to drive growth in the flavored dairy market during the outlook period. In addition, the main providers offer customized solutions to their clients according to the application. Manufacturers mix dairy flavors with other natural flavors according to the specific parameters of each product.

Recent Developments in Flavored Dairy Industry:

  • Prairie Dairy Farms introduced two new flavored milk flavors: Strawberry Cream and Orange Cream.
  • Nestlé launched Fruit's Milk in the Delhi market. This product is an extension of Nestlé's dairy product portfolio and already has milk and UHT milk.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2027

Base Year

2021

Forecast Period

2022 - 2027

CAGR

5.23%

Segments Covered

By Type, Flavor Type, Form, End-User and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Nestlé, Danone, General Mills Inc, Unilever PLC, Mars, Inc, Kraft Heinz, Mother Dairy, Dean Foods, Mondelz International, The Whitewave Foods Company and Others.

Flavored Dairy Market Growth:

Demand for flavors, such as specialty dairy products, such as flavoring yogurt and feta cheese, is increasing demand for a variety of dairy flavors. This spice gives manufacturers the ability to enhance or provide a full flavor profile with a flavor that is tasty to consumers while reducing manufacturing costs.

Drivers:

The demand for dairy products is increasing rapidly worldwide as consumers recognize the taste, flavor and value of quality nutritional products. Changes in diet and population growth reduce the demand for whole milk and the increasing demand for functional dairy products creates a strong market position for the dairy industry. Despite the trend toward a healthy lifestyle, consumers still prefer flavor over nutrition and prefer the creamy flavor, but want to stay away from related fats. This is to boost the growth of dairy flavors during the forecast period. Leading dairy flavor manufacturers are launching a range of innovative products to maintain their market presence and appeal to consumers. Factors expected to drive demand are increased consumer disposable income and increased consumer awareness of the health benefits of scented dairy products. With the rising urge for flavors like chocolate, vanilla, and strawberry in dairy products among consumers is determined to dominate the global business in the future.

In contrast, the food and beverage industry is expected to occupy the largest share in terms of value and scale in the end-use industry. In addition, changes in consumers' lifestyle and taste preferences are expected to stimulate demand for flavored dairy products. Also, growth in the food and beverage sector across the world is deemed to raise the call for flavored dairy products. Increased health and wellness awareness are increasing the trend towards clean label products among consumers. This needs manufacturers in the dairy sector to offer organic products or ingredients to support the altering trends in the diet. Today, consumers have thrived on low-fat, low-calorie, and low-sugar products, providing a great opportunity to the dairy flavor market. To meet growing demand, manufacturers seek to invest in R&D, develop new products, and provide valuable products to consumers in line with the changing trend worldwide.

Restraints:

The decline in dairy trade in some countries in Argentina and Brazil is expected to limit the growth of the world dairy market.

Flavored Dairy Market Segmentation Analysis:

By Type:

  • Milk   
  • Yogurt         
  • Cheese        

By Flavor Type:

  • Chocolate    
  • Vanilla         
  • Rose  
  • Saffron        

By Form:

  • Solid  
  • Liquid
  • Semisolid     

By End-User:

  • Food & Beverage Industry 
  • Confectionery Industry     

Geographical Segmentation Analysis:

  • North America - the United States and Canada
  • Europe - United Kingdom, Spain, Germany, Italy, and France
  • The Asia Pacific - India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia
  • Latin America  - Brazil, Argentina, Mexico, and Rest of LATAM
  • The Middle East and Africa - Africa and Middle East (Saudi Arabia, UAE, Lebanon, Jordan, Cyprus)

Regional Analysis:

By region, the global flavored dairy market is spread across the regions of North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The flavored dairy market is expected to record the highest growth in total sales in North America. The area is experiencing high levels of milk consumption and, thanks to the prevalence of public schools, flavored dairy products in this area are in a prominent position. Furthermore, the world oil market in the Asia Pacific region is expected to post the fastest growth in terms of CAGR. The Asia-Pacific region is experiencing increasing demand for new dairy products due to increased disposable income in the region. The Asia-Pacific region is expected to take the largest market share in terms of sales by region as demand for flavored dairy products such as milk, yogurt, buttermilk, shrimp hand and rebound increases in India, China and Indonesia. The European fragrance dairy market is expected to witness a healthy CAGR as there are multiple dairy manufacturers in Switzerland, France, Germany and the UK, increasing disposable consumer incomes and increasing demand for flavored dairy products. North America is expected to grow favorably in the dairy flavors market due to increased R&D, production, and consumer demand for Canadian cheese and yogurt. The US dairy industry USA It is the sixth-largest in the world in terms of milk production, and is expected to contribute to the North American flavor dairy market. Latin America and MEA are also estimated to record steady growth rates during the anticipated period. This is due to an increase in knowledge of nutrition and knowledge of health and the demand for healthy food and changes in lifestyle in Brazil, the GCC countries and South Africa. The region has not had innovation for a long time, so it offers a great opportunity for players around the world and has a wide range to introduce new dairy flavors.

Key Players in the Market:

Major Key Players in the Global Flavored Dairy Market are

  • Nestlé         
  • Danone                 
  • General Mills Inc              
  • Unilever PLC          
  • Mars, Inc               
  • Kraft Heinz           
  • Mother Dairy         
  • Dean Foods           
  • Mondelz International                
  • The Whitewave Foods Company 

1. Introduction                         

          1.1 Market Definition                

          1.2 Scope of the report             

          1.3 Study Assumptions             

          1.4 Base Currency, Base Year and Forecast Periods            

2. Research Methodology                    

          2.1 Analysis Design                  

          2.2 Research Phases                 

                   2.2.1 Secondary Research

                   2.2.2 Primary Research    

                   2.2.3 Data Modelling       

                   2.2.4 Expert Validation    

          2.3 Study Timeline          

3. Report Overview                   

          3.1 Executive Summary             

          3.2 Key Inferencees                  

4. Market Dynamics                            

          4.1 Impact Analysis                  

                   4.1.1 Drivers         

                   4.1.2 Restraints    

                   4.1.3 Opportunities         

          4.2 Regulatory Environment                

          4.3 Technology Timeline & Recent Trends               

5. Competitor Benchmarking Analysis                     

          5.1 Key Player Benchmarking               

                   5.1.1 Market share analysis       

                   5.1.2 Products/Service    

                   5.1.3 Regional Presence   

          5.2 Mergers & Acquistion Landscape             

          5.3 Joint Ventures & Collaborations               

6. Market Segmentation                      

          6.1 Flavored Dairy Market, By Type               

                   6.1.1 Milk   

                   6.1.2 Yogurt

                   6.1.3 Cheese         

                   6.1.4 Market Size Estimations & Forecasts (2022 - 2027) 

                   6.1.5 Y-o-Y Growth Rate Analysis       

                   6.1.6 Market Attractiveness Index       

          6.2 Flavored Dairy Market, By Flavor Type               

                   6.2.1 Chocolate     

                   6.2.2 Vanilla

                   6.2.3 Rose  

                   6.2.4 Saffron        

                   6.2.5 Market Size Estimations & Forecasts (2022 - 2027) 

                   6.2.6 Y-o-Y Growth Rate Analysis       

                   6.2.7 Market Attractiveness Index       

          6.3 Flavored Dairy Market, By Form               

                   6.3.1 Solid  

                   6.3.2 Liquid 

                   6.3.3 Semisolid     

                   6.3.4 Market Size Estimations & Forecasts (2022 - 2027) 

                   6.3.5 Y-o-Y Growth Rate Analysis       

                   6.3.6 Market Attractiveness Index       

          6.4 Flavored Dairy Market, By End-User         

                   6.4.1 Food & Beverage Industry 

                   6.4.2 Confectionery Industry     

                   6.4.3 Market Size Estimations & Forecasts (2022 - 2027) 

                   6.4.4 Y-o-Y Growth Rate Analysis       

                   6.4.5 Market Attractiveness Index       

7. Geographical Landscape                            

          7.1 Global Identity Governance and Administration Market, by Region              

          7.2 North America - Market Analysis (2022 - 2027)         

                   7.2.1 By Country   

                             7.2.1.1 USA

                             7.2.1.2 Canada

                   7.2.2 By Type       

                   7.2.3 By Flavor Type       

                   7.2.4 By Form       

                   7.2.5 By End-User 

          7.3 Europe            

                   7.3.1 By Country   

                             7.3.1.1 UK

                             7.3.1.2 France

                             7.3.1.3 Germany

                             7.3.1.4 Spain

                             7.3.1.5 Italy

                             7.3.1.6 Rest of Europe

                   7.3.2 By Type       

                   7.3.3 By Flavor Type       

                   7.3.4 By Form       

                   7.3.5 By End-User 

          7.4 Asia Pacific               

                   7.4.1 By Country   

                             7.4.1.1 China

                             7.4.1.2 India

                             7.4.1.3 Japan

                             7.4.1.4 South Korea

                             7.4.1.5 South East Asia

                             7.4.1.6 Australia & NZ

                             7.4.1.7 Rest of Asia-Pacific

                   7.4.2 By Type       

                   7.4.3 By Flavor Type       

                   7.4.4 By Form       

                   7.4.5 By End-User 

          7.5 Latin America            

                   7.5.1 By Country   

                             7.5.1.1 Brazil

                             7.5.1.2 Argentina

                             7.5.1.3 Mexico

                             7.5.1.4 Rest of Latin America

                   7.5.2 By Type       

                   7.5.3 By Flavor Type       

                   7.5.4 By Form       

                   7.5.5 By End-User 

          7.6 Middle East and Africa         

                   7.6.1 By Country   

                             7.6.1.1 Middle East

                             7.6.1.2 Africa

                   7.6.2 By Type       

                   7.6.3 By Flavor Type       

                   7.6.4 By Form       

                   7.6.5 By End-User 

8. Key Player Analysis                         

          8.1 Nestlé             

                   8.1.1 Business Description        

                   8.1.2 Products/Service    

                   8.1.3 Financials     

                   8.1.4 SWOT Analysis       

                   8.1.5 Recent Developments       

                   8.1.6 Analyst Overview    

          8.2 Danone           

          8.3 General Mills Inc                 

          8.4 Unilever PLC              

          8.5 Mars, Inc                  

          8.6 Kraft Heinz               

          8.7 Mother Dairy             

          8.8 Dean Foods               

          8.9 Mondelz International          

          8.10 The Whitewave Foods Company             

9. Market Outlook & Investment Opportunities                            

Appendix                        

          List of Tables                  

          List of Figures                 

 
  1. Global Flavored Dairy Market By Region, From 2022 - 2027 ( USD Billion )
  2. Global Flavored Dairy Market By Type, From 2022 - 2027 ( USD Billion )
  3. Global Milk Market By Region, From 2022 - 2027 ( USD Billion )
  4. Global Yogurt Market By Region, From 2022 - 2027 ( USD Billion )
  5. Global Cheese Market By Region, From 2022 - 2027 ( USD Billion )
  6. Global Flavored Dairy Market By Flavor type, From 2022 - 2027 ( USD Billion )
  7. Global Chocolate Market By Region, From 2022 - 2027 ( USD Billion )
  8. Global Vanilla Market By Region, From 2022 - 2027 ( USD Billion )
  9. Global Rose Market By Region, From 2022 - 2027 ( USD Billion )
  10. Global Saffron Market By Region, From 2022 - 2027 ( USD Billion )
  11. Global Flavored Dairy Market By Form, From 2022 - 2027 ( USD Billion )
  12. Global Solid Market By Region, From 2022 - 2027 ( USD Billion )
  13. Global Liquid Market By Region, From 2022 - 2027 ( USD Billion )
  14. Global Semisolid Market By Region, From 2022 - 2027 ( USD Billion )
  15. Global Flavored Dairy Market By End-User, From 2022 - 2027 ( USD Billion )
  16. Global Food & Beverage Industry Market By Region, From 2022 - 2027 ( USD Billion )
  17. Global Confectionery Industry Market By Region, From 2022 - 2027 ( USD Billion )

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FAQ's

What is the Flavored Dairy Market estimated size?

The global market for Flavored Dairy is anticipated to be worth US$46.3 billion in 2022.

What is the segmentation in the Flavored Dairy Market?

By Flavor, By Packaging, By Distribution Channel

What are the three major participants in the Flavored Dairy Market?

Danone S.A., Nestle S.A., Dairy Farmers of America Inc.

What is the growth rate of the Flavored Dairy Market?

The Flavored Dairy Market is growing at a CAGR of 5.23%.

What is the forecasted size of the Flavored Dairy Market in the future?

The Flavored Dairy Market is expected to expand to US$69.7 billion by 2027.

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