Global Dairy Beverage Market to Witness Astonishing Growth by 2028

The global dairy beverage market is anticipated to grow at a considerable CAGR during the forecast period (2022-2028). The market is driven primarily by the importance of nutritious foods and the active properties of milk and the growing demand for probiotic drinks by health-conscious consumers. The recent introduction of new active flavor products has further boosted the global market. The demand for oral yogurt has been proven by a growing trend over the past few years due to its unique taste and its functional properties over other milk-based beverages. These drinks provide a rich amount of nutrients, such as vitamin D, calcium, potassium, magnesium, and vitamin A. Therefore, they can provide nutritious food and reduce malnutrition.

Leading dairy market players are focused on innovation in conventional dairy products and the expansion of areas as important strategies for gaining competition. The high demand for dairy products that are ready to be consumed worldwide, is followed by the performance of young players who are trying to use these strategies to expand their already established businesses. Global market players are investing in manufacturing facilities in domestic and international markets to introduce new and innovative products. All of these factors are likely to provide beneficial opportunities for marketing players in the coming years.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Category
  • By Distribution Channel
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape-Nestle SA, Arla Foods amba, Morinaga Nutritional Foods Inc., Chr Hansen, and Danone Groupe SA, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Dairy Beverage Market Report by Segment

By Type

• Milk
• Yogurt
• Kefir
• Others

By Category

• Flavored Drink
• Unflavored Drink

By Distribution Channel

• Supermarket
• Convenience Stores
• Specialty Stores
• Online Channels
• Others