Flavored Dairy Market

Global Flavored Dairy Market Size (2024 To 2032)

The size of the global flavored dairy market is expected to be worth USD 51.96 billion in 2024 and grow at a CAGR of 25.10% from 2024 to 2032 to achieve USD 311.69 billion by 2032. The global flavor dairy market is supposed to witness a significant CAGR during the same period.

Dairy products are produced from the milk of mammals like buffalo, goats, camels and others. Flavorings are used in dairy products to alter or improve the flavor by adding certain ingredients. Delicious dairy products are sources of calcium and vitamin D, vitamins B2, B3, and B12. The milk and cheese sector is expected to dominate overall in the product type segment of the flavor dairy market worldwide. Dairy flavorings are processed and manufactured from dairy products such as milk, butter, cheese, and cream. This flavor is specially designed to increase the flavor and strength of dairy products. In non-dairy ingredients and formulations, dairy flavors are used in conjunction with other natural flavoring agents to provide a better flavor to the final product. Milk flavors offer various flavor profiles, such as butter, cheese, cream, and many other sweet and savory flavors. Many manufacturers in the food and beverage industry choose dairy flavors at a reasonable cost, which is expected to drive growth in the flavored dairy market during the outlook period. In addition, the main providers offer customized solutions to their clients according to the application. Manufacturers mix dairy flavors with other natural flavors according to the specific parameters of each product.

Demand for flavors, such as specialty dairy products, such as flavoring yogurt and feta cheese, is increasing demand for a variety of dairy flavors. This spice gives manufacturers the ability to enhance or provide a full flavor profile with a flavor that is tasty to consumers while reducing manufacturing costs.

MARKET DRIVERS

The demand for dairy products is increasing rapidly worldwide as consumers recognize the taste, flavor and value of quality nutritional products.

Changes in diet and population growth reduce the demand for whole milk and the increasing demand for functional dairy products creates a strong market position for the dairy industry. Despite the trend toward a healthy lifestyle, consumers still prefer flavor over nutrition and prefer the creamy flavor, but want to stay away from related fats. This is to boost the growth of dairy flavors during the forecast period. Leading dairy flavor manufacturers are launching a range of innovative products to maintain their market presence and appeal to consumers. Factors expected to drive demand are increased consumer disposable income and increased consumer awareness of the health benefits of scented dairy products. With the rising urge for flavors like chocolate, vanilla, and strawberry in dairy products among consumers is determined to dominate the global business in the future.

In contrast, the food and beverage industry is expected to occupy the largest share in terms of value and scale in the end-use industry. In addition, changes in consumers' lifestyle and taste preferences are expected to stimulate demand for flavored dairy products. Also, growth in the food and beverage sector across the world is deemed to raise the call for flavored dairy products. Increased health and wellness awareness are increasing the trend towards clean label products among consumers. This needs manufacturers in the dairy sector to offer organic products or ingredients to support the altering trends in the diet. Today, consumers have thrived on low-fat, low-calorie, and low-sugar products, providing a great opportunity to the dairy flavor market. To meet growing demand, manufacturers seek to invest in R&D, develop new products, and provide valuable products to consumers in line with the changing trend worldwide.

MARKET RESTRAINTS

The decline in dairy trade in some countries in Argentina and Brazil is expected to limit the growth of the world dairy market. 

REPORT COVERAGE

REGIONAL ANALYSIS

By region, the global flavored dairy market is spread across the regions of North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The flavored dairy market is expected to record the highest growth in total sales in North America. The area is experiencing high levels of milk consumption and, thanks to the prevalence of public schools, flavored dairy products in this area are in a prominent position. Furthermore, the world oil market in the Asia Pacific region is expected to post the fastest growth in terms of CAGR. The Asia-Pacific region is experiencing increasing demand for new dairy products due to increased disposable income in the region. The Asia-Pacific region is expected to take the largest market share in terms of sales by region as demand for flavored dairy products such as milk, yogurt, buttermilk, shrimp hand and rebound increases in India, China and Indonesia. The European fragrance dairy market is expected to witness a healthy CAGR as there are multiple dairy manufacturers in Switzerland, France, Germany and the UK, increasing disposable consumer incomes and increasing demand for flavored dairy products. North America is expected to grow favorably in the dairy flavors market due to increased R&D, production, and consumer demand for Canadian cheese and yogurt. The US dairy industry USA It is the sixth-largest in the world in terms of milk production, and is expected to contribute to the North American flavor dairy market. Latin America and MEA are also estimated to record steady growth rates during the anticipated period. This is due to an increase in knowledge of nutrition and knowledge of health and the demand for healthy food and changes in lifestyle in Brazil, the GCC countries and South Africa. The region has not had innovation for a long time, so it offers a great opportunity for players around the world and has a wide range to introduce new dairy flavors.

KEY PLAYERS IN THE GLOBAL FLAVORED DAIRY MARKET

Major Key Players in the Global Flavored Dairy Market are Nestlé, Danone, General Mills Inc, Unilever PLC, Mars, Inc, Kraft Heinz, Mother Dairy, Dean Foods, Mondelz International, The Whitewave Foods Company and Others.

RECENT HAPPENINGS IN THE MARKET

• Prairie Dairy Farms introduced two new flavored milk flavors: Strawberry Cream and Orange Cream.
• Nestlé launched Fruit's Milk in the Delhi market. This product is an extension of Nestlé's dairy product portfolio and already has milk and UHT milk.

DETAILED SEGMENTATION OF THE GLOBAL FLAVORED DAIRY MARKET INCLUDED IN THIS REPORT

This research report on the global flavored dairy market has been segmented and sub-segmented based on type, flavor type, form, end-user, and region.

By Type

• Milk   
• Yogurt         
• Cheese        

By Flavor Type

• Chocolate    
• Vanilla         
• Rose  
• Saffron        

By Form

• Solid  
• Liquid
• Semisolid     

By End-User

• Food & Beverage Industry 
• Confectionery Industry     

By Region

• North America
• Europe
• The Asia Pacific
• Latin America
• The Middle East and Africa