North America Flavoured Milk Market 2021-2026: Share, Size, Growth, Key Players, Challenges, and Forecast - IMARC Group

in flavouredmilk •  3 years ago  (edited)

According to the latest report by IMARC Group, titled “North America Flavoured Milk Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the North America flavoured milk market reached a volume of 3.27 Billion Litres in 2020. Looking forward, IMARC Group expects the North America flavoured milk market to grow at a CAGR of around 4% during 2021-2026. Flavored milk is a form of milk that contains added artificial or natural flavors, food coloring and sugar. It is pasteurized using ultra-high-temperature (UHT) treatment, which provides flavored milk a longer shelf-life than the regular milk. Flavored milk has high nutritional value and is rich in carbohydrates, vitamins, such as A and D, sodium, calcium, etc. As a result, flavored milk is gaining wide traction, especially among the children.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Market Trends:

The North America flavored milk market is primarily driven by the increasing awareness among consumers regarding the high protein and calcium content of flavored milk. Additionally, due to the rising cases of lifestyle diseases, there is a significant shift towards the intake of nutritional and ready-to-drink beverages, which in turn is augmenting the demand for flavored milk across the region. Moreover, several regional manufacturers are introducing numerous innovative flavors, such as vanilla, chocolate, coffee, mango, strawberry, etc., to expand their consumer base. Besides this, flavored milk is increasingly being offered in the schools and college cafeterias to meet the daily milk intake of students, which is expected to further propel the demand for flavored milk in North America over the forecasted period.

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/north-america-flavoured-milk-market

Key Market Segmentation:

Breakup by Flavour:
• Chocolate
• Fruit
• Vanilla
• Others

Breakup by Packaging:
• Paper Based
• Plastic Based
• Glass Based
• Metal Based

Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Stores
• Others

Breakup by Region:
• United States
• Canada

Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Key highlights of the Report:
• Market Performance
• Market Outlook
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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