Europe Flavoured Milk Market To Be Driven By Clinical And Functional Advantages In The Forecast Period Of 2021-2026 – Designer Women

The new report by Expert Market Research titled, ‘Europe Flavored Milk Market Report and Forecast 2021-2026’, gives an in-depth analysis of the Europe flavored milk market assessing the market based on its segments like flavour, packaging, distribution channel, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 3986 Million
  • Forecast CAGR (2021-2026): 4.2%

The high expenditure on food and beverage products by the European population and the properly developed distribution network for the product has been propelling the flavored milk demand in Europe. The active presence of key players in the region has been increasing the demand for the flavored milk. There have been regular announcements of new product development by the market players which has enriched the flavored milk market with variety in taste and healthier options. The United Kingdom had also ruled out valued added taxes for chocolate milk in 2018 which is leading to burgeoning of the demand in industry.

Industry Definition and Major Segments

Flavored milk is a sweetened dairy drink made with milk, sweeteners, or sugar and natural or artificial flavours. The pasteurization of flavored milk with ultra-high temperature technique can ensure longer lifespan of the product before expiring. Flavored milk has similar nutritional content to the traditional milk and preferred over the later by customers for taste reasons.

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On the grounds of flavour, the market can be segmented into:

  • Chocolate
  • fruits
  • vanilla
  • Others

Based on packaging, the flavored milk market can be classified into:

  • paper-based
  • Plastic Based
  • Glass Based
  • metal-based
  • Others

Based on distribution channels, industry can be categorized into:

  • Supermarket and Hypermarket
  • Convenience Stores
  • Specialty Stores
  • On-line
  • Others

The report also covers the regional markets for flavored milk in Europe like Germany, the United Kingdom, France, Italy, and Spain, among others.

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Market Trends

The health benefits of calcium, protein, and vitamin rich flavored milk has been increasing the demand for the market. The consumers have also been looking for healthy beverages which is leading to swift growth of low sugar variants of flavored milk. The exquisite taste of flavored milk has been capturing the young children demand from the traditional milk with plain taste. The regular European breakfast can be paired up with flavored milk to enhance the meal satisfaction. Health experts have also suggested the intake of flavored milk for people undergoing heavy workouts to satisfy their carbohydrate and protein requirements which is aiding the market growth.

Key Market Players

The major players in the market are Nestlé SA, Danone SA, Arla Foods amba, Müller Group, and Dana Dairy Group Ltd, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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