- The Hershey Co., America's No. 1 milk chocolate brand, and a2 Milk Co., a premium milk company, launched their new co-branded chocolate flavoured milk in 2022. This natural chocolate milk contains nutrition as well as flavour.
- In 2021, Parle Agro, an Indian beverage company, expanded its product line into the dairy category by launching Smoodh, a line of flavoured milk. This flavoured milk is said to be the first of its kind in the world, and it costs INR 10 for 85ml Tetra Pak cartons.
- Nestle will launch its new plant-based ready-to-drink beverage version of Nesquik in Europe in 2020. This plant-based drink is made from oats and peas and contains less sugar than regular Nesquik.
Frequently Asked Questions
The market is segmented based on Segmentation, By Flavours (Chocolate, Vanilla, Butterscotch, Coconut, Strawberry, Coffee, Hazelnut and Others), Packaging (Paper-Based Packaging, Plastic Packaging, Glass Packaging and Metal Packaging), Distribution Channel (Store-Based and Non Store-Based), – Industry Trends and Forecast to 2031.
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The Global Flavoured Milk Market size was valued at USD 42.29 USD Billion in 2023.
The Global Flavoured Milk Market is projected to grow at a CAGR of 5.4% during the forecast period of 2024 to 2031.
The major players operating in the market include Nestle, Danone, Arla Foods, Associated Milk Producers , Bright Food International Co. , Dairy Farmers of America , Dean Foods Company, FrieslandCampina NV, Grupo Lala S.A.B. de C.V., AMUL Industries Pvt Ltd, The Hershey Company, The Farmer's Cow, Meiji Holdings Co. Ltd, Hiland Dairy, Saputo .
The market report covers data from the U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Denmark, Sweden, Poland, Turkey, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Japan, Thailand, Indonesia, New Zealand, Vietnam, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, South Africa, Kuwait, Qatar, Oman, Saudi Arabia, U.A.E., and rest of the Middle East and Africa, Brazil, Argentina & rest of South America.
