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Global Toned Milk Market Size, Share, Growth, Forecast: By Type: Single Toned, Double Toned; By Product Type: Flavoured Milk, Unflavoured Milk; By Distribution Channels: Supermarkets or Hypermarkets, Convenience Stores, Speciality Stores, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Global Toned Milk Market Outlook
The global toned milk market is estimated to grow in the forecast period of 2024-2032 at a CAGR of 2.60%.
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The Asia Pacific Region Holding a Substantial Share in the Market for Toned Milk
The toned milk market in the Asia Pacific region is witnessing substantial growth on account of the growing young population and the rising production and consumption of dairy products in countries like China and India. The surging production of milk in India owing to the high import of European cows is boosting the market growth of toned milk in the region. The ongoing decades-long programme of sourcing milk from small farmers with the help of cooperatives, for instance, AMUL, is further propelling the market growth for toned milk in the Asia Pacific.
The changing lifestyles and rapid urbanisation, along with surging modernisation in countries like China and India, are driving the market growth of toned milk in the Asia Pacific region. The growing manufacturing of toned milk and the presence of key market players in the region are further supporting the market growth. The robust growth of the food industry is also bolstering the usage of milk and dairy products owing to their excellent nutritional profile, hence invigorating the toned milk market growth. Meanwhile, the market for toned milk in North America is expected to grow in the forecast period owing to the surging adoption of healthier lifestyles among consumers.
Market Segmentation
Toned milk refers to a dairy product that is made by adding skimmed milk powder and water to whole milk. This method is used to reduce the fat content while maintaining its nutritional component and is also cheaper than the other milk types. Toned milk posits benefits like promoting easy digestion, lowering blood pressure, protecting bones, controlling hunger, promoting better sleep, and facilitating weight loss, among others.
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The market for toned milk, by type, is divided into:
- Single Toned
- Double Toned
On the basis of product types, the market is categorised into:
- Flavoured Milk
- Unflavoured Milk
Based on distribution channel, the market is segmented into:
- Supermarkets or Hypermarkets
- Convenience Stores
- Speciality Stores
- Online
- Others
The EMR report looks into the regional markets of toned milk like Latin America, North America, Europe, the Asia Pacific, and the Middle East and Africa.
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Robust Growth of the Flavoured Milk Segment to Bolster the Market for Toned Milk
The flavoured milk segment of the toned milk market is expected to witness a significant growth in the coming years owing to its nutritional offerings. Flavoured toned milk contains less sugar than sports drinks and other juices, which is further propelling the consumption of milk among the health-conscious population. It also contains minerals and vitamins that help repair and build muscle, which is likely to fuel its demand in the forecast period. Additionally, the increasing awareness regarding health benefits of the product like easy digestion, high blood pressure reduction, and bone protection, among others, among the consumers is anticipated to propel the market growth in upcoming years.
With the increasing health consciousness among the young population, the consumption of toned milk owing to its antioxidant properties and other health benefits is growing, which is aiding the market. The consumption of toned milk offers almost the same nutritional components as conventional milk types while lowering the sugar content, which is further influencing consumer demand for toned milk across the globe. With the surging adoption of healthy lifestyles, the growing urbanisation, and changing tastes and preferences of consumers, the toned milk market is expected to grow robustly in the forecast period.
Key Players in the Global Market for Toned Milk
The report presents a detailed analysis of the following key players in the global toned milk market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Nestle S.A.
- Amul Dairy Company
- Danone S.A.
- Kwality Ltd.
- Mother Dairy Fruit & Vegetables Pvt. Ltd.
- Fonterra Co-operative Group Limited
- Others
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Product Type |
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| Breakup by Distribution Channels |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Toned Milk Market Analysis
8.1 Key Industry Highlights
8.2 Global Toned Milk Historical Market (2018-2023)
8.3 Global Toned Milk Market Forecast (2024-2032)
8.4 Global Toned Milk Market by Type
8.4.1 Single Toned
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Double Toned
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Toned Milk Market by Product Type
8.5.1 Flavoured Milk
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Unflavoured Milk
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Toned Milk Market by Distribution Channels
8.6.1 Supermarkets or Hypermarkets
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Convenience Stores
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Speciality Stores
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Online
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global Toned Milk Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Toned Milk Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Toned Milk Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Toned Milk Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Toned Milk Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Toned Milk Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis (HS Code-040120)
16.1 Major Exporting Countries
16.1.1 By Value
16.1.2 By Volume
16.2 Major Importing Countries
16.2.1 By Value
16.2.2 By Volume
17 Price Analysis
17.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Nestle S.A.
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Amul Dairy Company
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Danone S.A.
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Kwality Ltd.
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Mother Dairy Fruit & Vegetables Pvt. Ltd.
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Fonterra Co-operative Group Limited
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 Others
19 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Figures and Tables
1. Global Toned Milk Market: Key Industry Highlights, 2018 and 2032
2. Global Toned Milk Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Toned Milk Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Toned Milk Historical Market: Breakup by Product Type (USD Million), 2018-2023
5. Global Toned Milk Market Forecast: Breakup by Product Type (USD Million), 2024-2032
6. Global Toned Milk Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7. Global Toned Milk Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8. Global Toned Milk Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Toned Milk Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Toned Milk Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Toned Milk Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Toned Milk Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Toned Milk Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Toned Milk Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Toned Milk Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Toned Milk Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Toned Milk Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Toned Milk Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Toned Milk Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Major Importing Countries by Volume (2020)
21. Major Exporting Countries by Volume (2020)
22. Major Importing Countries by Value (2020)
23. Major Exporting Countries by Value (2020)
24. North America Historical Price Trends and Forecast 2018-2028
25. Europe Historical Price Trends and Forecast 2018-2028
26. Asia Pacific Historical Price Trends and Forecast 2018-2028
27. Latin America Historical Price Trends and Forecast 2018-2028
28. Middle East and Africa Historical Price Trends and Forecast 2018-2028
29. Global Toned Milk Market Structure
Key Questions Answered in the Report
The global toned milk market is assessed to grow at a CAGR of 2.60% between 2024 and 2032.
The major market drivers are increasing population, changing lifestyles, rapid urbanisation and the robust growth of the food and beverage industry.
The key market trends guiding the growth of the market include the growing food industry, the rising health consciousness, and the growing demand for flavoured toned milk owing to its superior nutritional and flavour profile.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various types of toned milk in the market include single toned and double toned.
The different product types of toned milk include flavoured milk and unflavoured milk.
The major distribution channels in the market are supermarkets or hypermarkets, convenience stores, speciality stores, and online, among others.
The major players in the market are Nestle S.A., Amul Dairy Company, Danone S.A., Kwality Ltd., Mother Dairy Fruit & Vegetables Pvt. Ltd., and Fonterra Co-operative Group Limited, among others.
Analyst Review
The global toned milk market is driven by the increasing disposable income and growing adoption of healthy lifestyles by the young population. Aided by the growing demand for flavoured toned milk owing to its superior nutrition and flavour profile, the market is expected to witness further growth in the forecast period of 2024-2032, growing at a CAGR of 2.60%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. The market for toned milk, by type, is divided into single toned and double toned. Based on product type, the market is segmented into flavoured milk and unflavoured milk. On the basis of distribution channel, the market is classified into supermarkets or hypermarkets, convenience stores, speciality stores, and online, among others. The major regional markets for toned milk are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Nestle S.A., Amul Dairy Company, Danone S.A., Kwality Ltd., Mother Dairy Fruit & Vegetables Pvt. Ltd., and Fonterra Co-operative Group Limited, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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