Europe Flavored Milk Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.10 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Flavored Milk Market Analysis
Europe Flavored Milk Market is growing at a CAGR of 5.1% during the forecast period (2020- 2025).
- Growing consumer interest in the health benefits derived from the consumption of dairy products in Europe is driving the flavored milk market in Europe. Since flavored milk is often enriched with vitamins and calcium, as a result, these drinks have traditionally been targeted to both European adults and children and are kept in the school canteens, so as to inculcate healthy eating habits amongst them.
- As milk is a good supplement to be drunk with the traditional European breakfast which comprises of breads, pastries, etc., therefore the flavored milk demand among Europeans is bound to grow.
Europe Flavored Milk Market Trends
This section covers the major market trends shaping the Europe Flavored Milk Market according to our research experts:
Growing Demand For Chocolate Milk Flavor
The consumers are opting for plain and flavored milk over regular yogurt, as flavored milk, such as chocolate milk, are tastier and creamier. These factors are making it a popular option in the region. However, chocolate milk flavor is increasingly consumed by young children, which leads to an increased demand for chocolate milk in the country. People actively involved in physical activities are opting for chocolate milk over traditional sports drinks, as the products contain water, protein, and simple carbohydrates that replenishes the body post grueling physical exercise. Health professionals are also recommending carbohydrate and protein-rich drinks, such as chocolate milk flavor to individuals undergoing intense workout activities.
United Kingdom Driving The Demand For Chocolate Flavored Milk
The market across the United Kingdom is one of the front runners in driving the demand for chocolate-based milk beverages over the past few years. The factors, such as new product launches along with innovation in offerings are some of the key traits that reshaped the market. The consumer expectation towards milk witnessed a shift in preferences, as a small share among them prefer to go dairy-free and the others prefer natural products with minimum processing. While understanding the combination of both chocolate and milk demand across the United Kingdom, the novel products that are inclusive of unique flavors and ingredients are expected to have a significant demand over the coming years. As of 2018, the United Kingdom ruled out the chocolate milkshakes to be VAT free. This factor adds another momentum to the existing market to scale.
Europe Flavored Milk Industry Overview
Some of the leading manufacturers and suppliers of the flavored milk in Europe are Nestle S.A., Danone S.A., and others. These companies are focusing on the expansion of facilities and product portfolio, due to the growing demand for flavored milk in the beverage industry. Companies are actively involved in developing innovative products, which are encouraging these dairy companies, to make good use of the most preferred flavors among the customers, so as to enhance their product quality and increasing health benefits to consumers.
Major Players: Nestle S.A., Danone S.A., Dr. Oetkar, Fonterra Co-operative Group, Shamrock Foods Company, Uelzena Group, DML Group, The Edlong Corporation, DML Group and among others.
Europe Flavored Milk Market Leaders
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Nestle S.A
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Danone S.A.
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Dr. Oetkar
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Fonterra Co-operative Group
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Shamrock Foods Company
*Disclaimer: Major Players sorted in no particular order
Europe Flavored Milk Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
- 3.1 Market Overview
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Type
- 5.1.1 Dairy Based
- 5.1.2 Plant Based
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5.2 By Distribution Channel
- 5.2.1 Supermarkets/Hypermarkets
- 5.2.2 Convenience Stores
- 5.2.3 Other Distribution Channels
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5.3 Geography
- 5.3.1 Europe
- 5.3.1.1 France
- 5.3.1.2 Germany
- 5.3.1.3 Italy
- 5.3.1.4 United Kingdom
- 5.3.1.5 Spain
- 5.3.1.6 Russia
- 5.3.1.7 Rest of Europe
6. COMPETITIVE LANDSCAPE
- 6.1 Most Active Companies
- 6.2 Most Adopted Strategies
- 6.3 Market Share Analysis
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6.4 Company Profiles
- 6.4.1 Nestle S.A
- 6.4.2 Danone S.A.
- 6.4.3 Dr. Oetkar
- 6.4.4 Fonterra Co-operative Group
- 6.4.5 Shamrock Foods Company
- 6.4.6 DML Group
- 6.4.7 The Edlong Coperation
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityEurope Flavored Milk Industry Segmentation
The scope of the European flavored milk market is segmented by flavor type, as Chocolate, Fruit. The distribution channel is segmented as hypermarket/supermarkets, convenience stores, and other distribution channels. Chocolate flavor milk is one of the preferred flavors in Europe. In order to increase the customer base for flavored milk, companies are introducing chocolate flavored milk drinks as their primary flavor, so as to engage all the age groups towards it.
By Type | Dairy Based | |
Plant Based | ||
By Distribution Channel | Supermarkets/Hypermarkets | |
Convenience Stores | ||
Other Distribution Channels | ||
Geography | Europe | France |
Germany | ||
Italy | ||
United Kingdom | ||
Spain | ||
Russia | ||
Rest of Europe |
Europe Flavored Milk Market Research FAQs
What is the current Europe Flavored Milk Market size?
The Europe Flavored Milk Market is projected to register a CAGR of 5.10% during the forecast period (2024-2029)
Who are the key players in Europe Flavored Milk Market?
Nestle S.A, Danone S.A., Dr. Oetkar, Fonterra Co-operative Group and Shamrock Foods Company are the major companies operating in the Europe Flavored Milk Market.
What years does this Europe Flavored Milk Market cover?
The report covers the Europe Flavored Milk Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Flavored Milk Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Flavored Milk Industry Report
Statistics for the 2024 Europe Flavored Milk market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Flavored Milk analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.