Nestlé S.A., Danone SA, Arla Foods amba, Müller Group, and Dana Dairy Group Ltd, among others, are the major players in the flavoured milk market in Europe.
As per the analysis by Expert Market Research, the Europe flavoured milk market is expected to grow at a CAGR of 4.2% over the forecast period of 2022-2027, driven by a rise in demand for healthy snacks.
High per capita income and well-developed distribution channels makes Europe a significant market for the flavoured milk industry. The United Kingdom has the highest demand for flavoured milk due to the presence of key players in the region and new product launches that offer a variety in taste and nutritional values.
As the demand for the healthy snacks is growing rapidly, this industry is seeing a boost in Europe. Added taste as compared to plain milk also makes it an attractive option among consumers. The Europe flavoured milk market is further expanding due to the rising household consumption of flavour-enhanced milk as a result of intensive newspaper and television advertising by the major companies. Due to growing health and fitness concerns, there has been an increase in the demand for low sugar alternatives recently. The market for flavour-enhanced milk is also expanding since it makes a great beverage addition to the typical European breakfast.
In May 2021, Nestle invested USD 220 million in a new beverage factory in Indonesia. It will produce BEAR BRAND liquid milk and ready to drink beverages MILO and NESCAFÉ to fulfil the growing demands for nutritious products by their consumers.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Nestle is a Swiss multinational food and beverage processing corporation which has footprint in 191 countries. It is one of the largest food companies of the world having more than 2,000 brands. Nescafe, Maggi, KitKat, Milkmaid are world famous brands of the company. In recent years, company has introduced new products like milk, slim milk, and curd.
Danone is a significant provider of food and beverages, with its four core businesses being medical nutrition, vital dairy, plant-based goods, and water. With the creation of first yogurt in Barcelona, fresh dairy products are their first line of business. Through dairy and plant-based products, they offer delicious choices and tasty treats for any special moment.
|Headquarters:||Mid Jutland, Denmark|
Arla is global food company that focus on dairy categories. Milk and milk powder, milk-based beverages, cheese spread, speciality cheese mozzarella, yoghurt, butter, and spreads, are some of its products using brand names Arla, Lurpak, and Castello. Arla holds a strong market position in Northern Europe, Middle East and China. Some famous brands of Arla group are Arla natura, Cocio Milex, and Arla Buko, among others.
Muller is a multinational producer of dairy products. It is one of the best-selling yoghurt brands in the United Kingdom. The Muller UK and Ireland Group consists of 3 business units: Muller Milk and Ingredients, Muller Yoghurt and Desserts, and Milk and More. Their business covers areas like yoghurt, butter, desserts, milk, ingredients, with options for delivery service and e-commerce.
Dana is a major producer and provider of various milk products. They provide UHT milk, sweetened condensed milk, various types of milk powders, including baby milk powder, and many other dairy items to its customers. Danalac infant formula is their flagship product and other baby nutritional cereals cater directly to the baby food industry. The milk drinking generation is attracted by its great tasting UHT milk in beautifully designed small plastic bottles. World renowned Danayo yoghurt fruit mix comes in four different flavours and has real fruits.
Also Read@ https://www.expertmarketresearch.com/pressrelease/europe-flavoured-milk-market
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.