Flavoured Milk Market in India 2024-2028

Description

List of Tables

The flavoured milk market in India is forecasted to grow by USD 5.13 bn during 2023-2028, accelerating at a CAGR of 14.95% during the forecast period. The report on the flavoured milk market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for premium flavored milk, high nutritional value and high shelf life of flavored milk, and growing focus on regional flavors and local sourcing among vendors.

Technavio's flavoured milk market in India is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	13.8%
CAGR	14.95%
Incremental Value	$5.13bn

By Flavor

Chocolate
Fruit
Vanilla
Others

By Distribution Channel

Offline
Online

By Type

Dairy-based
Plant-based

This study identifies the emergence of eco-friendly packaging for flavored milk as one of the prime reasons driving the flavoured milk market in India growth during the next few years. Also, growing demand for plant-based alternatives and new product launches in flavored milk market in India will lead to sizable demand in the market.

The report on the flavoured milk market in India covers the following areas:

Flavoured milk market in India sizing
Flavoured milk market in India forecast
Flavoured milk market in India industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading flavoured milk market in India vendors that include Adisoy Foods and Beverages Pvt. Ltd., Arla Foods amba, CavinKare Pvt. Ltd., G.K. Dairy and Milk Products Pvt. Ltd., Government of Karnataka, Gujarat Cooperative Milk Marketing Federation Ltd., Gujarat Food Web, Heritage Foods Ltd., Inner Mongolia Yili Industrial Group Co. Ltd., Kwality Ltd., Meiji Holdings Co. Ltd., Mother Dairy Fruit and Vegetable Pvt. Ltd., Nestle SA, Parag Milk Foods Ltd., Purisons Group, The Hershey Co., and The Tamil Nadu Dairy Development Corp. Ltd.. Also, the flavoured milk market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR71539

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Flavor
Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 12: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 13: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 14: Chart on India: Year-over-year growth 2023-2028 (%)
Exhibit 15: Data Table on India: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Flavoured milk market in India 2018 - 2022
Exhibit 16: Historic Market Size - Data Table on flavoured milk market in India 2018 - 2022 ($ billion)
4.2 Flavour Segment Analysis 2018 - 2022
Exhibit 17: Historic Market Size - Flavour Segment 2018 - 2022 ($ billion)
4.3 Distribution Channel Segment Analysis 2018 - 2022
Exhibit 18: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
4.4 Type Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Type Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 20: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 23: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 24: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 25: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 26: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Flavor

6.1 Market segments
Exhibit 27: Chart on Flavor - Market share 2023-2028 (%)
Exhibit 28: Data Table on Flavor - Market share 2023-2028 (%)
6.2 Comparison by Flavor
Exhibit 29: Chart on Comparison by Flavor
Exhibit 30: Data Table on Comparison by Flavor
6.3 Chocolate - Market size and forecast 2023-2028
Exhibit 31: Chart on Chocolate - Market size and forecast 2023-2028 ($ billion)
Exhibit 32: Data Table on Chocolate - Market size and forecast 2023-2028 ($ billion)
Exhibit 33: Chart on Chocolate - Year-over-year growth 2023-2028 (%)
Exhibit 34: Data Table on Chocolate - Year-over-year growth 2023-2028 (%)
6.4 Fruit - Market size and forecast 2023-2028
Exhibit 35: Chart on Fruit - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Data Table on Fruit - Market size and forecast 2023-2028 ($ billion)
Exhibit 37: Chart on Fruit - Year-over-year growth 2023-2028 (%)
Exhibit 38: Data Table on Fruit - Year-over-year growth 2023-2028 (%)
6.5 Vanilla - Market size and forecast 2023-2028
Exhibit 39: Chart on Vanilla - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Data Table on Vanilla - Market size and forecast 2023-2028 ($ billion)
Exhibit 41: Chart on Vanilla - Year-over-year growth 2023-2028 (%)
Exhibit 42: Data Table on Vanilla - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
Exhibit 43: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 45: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 46: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Flavor
Exhibit 47: Market opportunity by Flavor ($ billion)
Exhibit 48: Data Table on Market opportunity by Flavor ($ billion)

7 Market Segmentation by Distribution Channel

7.1 Market segments
Exhibit 49: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibit 50: Data Table on Distribution Channel - Market share 2023-2028 (%)
7.2 Comparison by Distribution Channel
Exhibit 51: Chart on Comparison by Distribution Channel
Exhibit 52: Data Table on Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2023-2028
Exhibit 53: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibit 55: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibit 56: Data Table on Offline - Year-over-year growth 2023-2028 (%)
7.4 Online - Market size and forecast 2023-2028
Exhibit 57: Chart on Online - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
Exhibit 59: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibit 60: Data Table on Online - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Distribution Channel
Exhibit 61: Market opportunity by Distribution Channel ($ billion)
Exhibit 62: Data Table on Market opportunity by Distribution Channel ($ billion)

8 Market Segmentation by Type

8.1 Market segments
Exhibit 63: Chart on Type - Market share 2023-2028 (%)
Exhibit 64: Data Table on Type - Market share 2023-2028 (%)
8.2 Comparison by Type
Exhibit 65: Chart on Comparison by Type
Exhibit 66: Data Table on Comparison by Type
8.3 Dairy-based - Market size and forecast 2023-2028
Exhibit 67: Chart on Dairy-based - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on Dairy-based - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on Dairy-based - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on Dairy-based - Year-over-year growth 2023-2028 (%)
8.4 Plant-based - Market size and forecast 2023-2028
Exhibit 71: Chart on Plant-based - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on Plant-based - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on Plant-based - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Plant-based - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Type
Exhibit 75: Market opportunity by Type ($ billion)
Exhibit 76: Data Table on Market opportunity by Type ($ billion)

9 Customer Landscape

9.1 Customer landscape overview
Exhibit 77: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 78: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 79: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 80: Overview on factors of disruption
11.4 Industry risks
Exhibit 81: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 82: Vendors covered
12.2 Market positioning of vendors
Exhibit 83: Matrix on vendor position and classification
12.3 Adisoy Foods and Beverages Pvt. Ltd.
Exhibit 84: Adisoy Foods and Beverages Pvt. Ltd. - Overview
Exhibit 85: Adisoy Foods and Beverages Pvt. Ltd. - Product / Service
Exhibit 86: Adisoy Foods and Beverages Pvt. Ltd. - Key offerings
12.4 Arla Foods amba
Exhibit 87: Arla Foods amba - Overview
Exhibit 88: Arla Foods amba - Business segments
Exhibit 89: Arla Foods amba - Key offerings
Exhibit 90: Arla Foods amba - Segment focus
12.5 CavinKare Pvt. Ltd.
Exhibit 91: CavinKare Pvt. Ltd. - Overview
Exhibit 92: CavinKare Pvt. Ltd. - Product / Service
Exhibit 93: CavinKare Pvt. Ltd. - Key offerings
12.6 G.K. Dairy and Milk Products Pvt. Ltd.
Exhibit 94: G.K. Dairy and Milk Products Pvt. Ltd. - Overview
Exhibit 95: G.K. Dairy and Milk Products Pvt. Ltd. - Product / Service
Exhibit 96: G.K. Dairy and Milk Products Pvt. Ltd. - Key offerings
12.7 Government of Karnataka
Exhibit 97: Government of Karnataka - Overview
Exhibit 98: Government of Karnataka - Product / Service
Exhibit 99: Government of Karnataka - Key offerings
12.8 Gujarat Cooperative Milk Marketing Federation Ltd.
Exhibit 100: Gujarat Cooperative Milk Marketing Federation Ltd. - Overview
Exhibit 101: Gujarat Cooperative Milk Marketing Federation Ltd. - Product / Service
Exhibit 102: Gujarat Cooperative Milk Marketing Federation Ltd. - Key offerings
12.9 Gujarat Food Web
Exhibit 103: Gujarat Food Web - Overview
Exhibit 104: Gujarat Food Web - Product / Service
Exhibit 105: Gujarat Food Web - Key offerings
12.10 Heritage Foods Ltd.
Exhibit 106: Heritage Foods Ltd. - Overview
Exhibit 107: Heritage Foods Ltd. - Business segments
Exhibit 108: Heritage Foods Ltd. - Key offerings
Exhibit 109: Heritage Foods Ltd. - Segment focus
12.11 Inner Mongolia Yili Industrial Group Co. Ltd.
Exhibit 110: Inner Mongolia Yili Industrial Group Co. Ltd. - Overview
Exhibit 111: Inner Mongolia Yili Industrial Group Co. Ltd. - Product / Service
Exhibit 112: Inner Mongolia Yili Industrial Group Co. Ltd. - Key offerings
12.12 Kwality Ltd.
Exhibit 113: Kwality Ltd. - Overview
Exhibit 114: Kwality Ltd. - Product / Service
Exhibit 115: Kwality Ltd. - Key offerings
12.13 Meiji Holdings Co. Ltd.
Exhibit 116: Meiji Holdings Co. Ltd. - Overview
Exhibit 117: Meiji Holdings Co. Ltd. - Business segments
Exhibit 118: Meiji Holdings Co. Ltd. - Key news
Exhibit 119: Meiji Holdings Co. Ltd. - Key offerings
Exhibit 120: Meiji Holdings Co. Ltd. - Segment focus
12.14 Mother Dairy Fruit and Vegetable Pvt. Ltd.
Exhibit 121: Mother Dairy Fruit and Vegetable Pvt. Ltd. - Overview
Exhibit 122: Mother Dairy Fruit and Vegetable Pvt. Ltd. - Product / Service
Exhibit 123: Mother Dairy Fruit and Vegetable Pvt. Ltd. - Key offerings
12.15 Nestle SA
Exhibit 124: Nestle SA - Overview
Exhibit 125: Nestle SA - Business segments
Exhibit 126: Nestle SA - Key news
Exhibit 127: Nestle SA - Key offerings
Exhibit 128: Nestle SA - Segment focus
12.16 Parag Milk Foods Ltd.
Exhibit 129: Parag Milk Foods Ltd. - Overview
Exhibit 130: Parag Milk Foods Ltd. - Product / Service
Exhibit 131: Parag Milk Foods Ltd. - Key offerings
12.17 Purisons Group
Exhibit 132: Purisons Group - Overview
Exhibit 133: Purisons Group - Product / Service
Exhibit 134: Purisons Group - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 135: Inclusions checklist
Exhibit 136: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 137: Currency conversion rates for US$
13.4 Research methodology
Exhibit 138: Research methodology
Exhibit 139: Validation techniques employed for market sizing
Exhibit 140: Information sources
13.5 List of abbreviations
Exhibit 141: List of abbreviations