Market Size of Europe Flavored Milk Industry
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 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 | |||||||||
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Europe Flavored Milk Market Size Summary
The flavored milk market in Europe is experiencing significant growth, driven by increasing consumer interest in the health benefits of dairy products. Flavored milk, often enriched with vitamins and calcium, is popular among both adults and children, making it a staple in school canteens to promote healthy eating habits. The demand for flavored milk is further bolstered by its role as a complement to traditional European breakfasts, which typically include breads and pastries. Consumers are increasingly choosing flavored milk over regular yogurt due to its tastier and creamier profile, with chocolate milk being particularly favored by young children and those engaged in physical activities. This trend is supported by health professionals who recommend carbohydrate and protein-rich drinks like chocolate milk for post-exercise recovery.
In the United Kingdom, the demand for chocolate-based milk beverages is particularly strong, driven by new product launches and innovations. The market is witnessing a shift in consumer preferences, with some opting for dairy-free options while others seek natural products with minimal processing. The introduction of unique flavors and ingredients is expected to sustain demand in the coming years. The removal of VAT on chocolate milkshakes in the UK has further stimulated market growth. Leading manufacturers such as Nestle S.A. and Danone S.A. are expanding their facilities and product portfolios to meet the rising demand, focusing on innovative products that enhance flavor and health benefits.
Europe Flavored Milk Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Dairy Based
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2.1.2 Plant Based
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2.2 By Distribution Channel
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2.2.1 Supermarkets/Hypermarkets
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2.2.2 Convenience Stores
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2.2.3 Other Distribution Channels
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2.3 Geography
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2.3.1 Europe
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2.3.1.1 France
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2.3.1.2 Germany
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2.3.1.3 Italy
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2.3.1.4 United Kingdom
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2.3.1.5 Spain
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2.3.1.6 Russia
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2.3.1.7 Rest of Europe
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Europe Flavored Milk Market Size 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.