Global Dairy Based Beverages Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Milk, Yogurt, Kefir and Others.

By Category;

Flavored drink and Unflavored drink.

By Distribution Channel;

Supermarkets/hypermarkets, Convenience stores, Specialty Stores, Online Channels and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn769509673 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Dairy Based Beverages Market (USD Million), 2021 - 2031

In the year 2024, the Global Dairy Based Beverages Market was valued at USD 85,995.10 million. The size of this market is expected to increase to USD 122,830.51 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.

The global dairy-based beverages market encompasses a diverse range of products derived from milk and dairy ingredients, catering to consumer preferences for nutritious and flavorful drinks. These beverages often include milkshakes, yogurt drinks, flavored milk, and dairy-based smoothies, among others. The market is driven by increasing consumer demand for convenient and healthy beverage options, supported by the nutritional benefits of dairy proteins, vitamins, and minerals.

In recent years, there has been significant innovation in this market, with manufacturers focusing on product differentiation through flavor variety, functional enhancements, and packaging innovations to attract a wider consumer base. Health-conscious trends have spurred the development of low-fat, lactose-free, and fortified dairy-based beverages, catering to specific dietary needs and preferences. Moreover, the growing popularity of on-the-go consumption and the rise of urbanization have further boosted the demand for ready-to-drink dairy beverages globally.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Category
    3. Market Snapshot, By Distibution Channel
    4. Market Snapshot, By Region
  4. Global Dairy Based Beverages Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Changing Consumer Preferences
        2. Innovation in Product Development
        3. Rising Health Consciousness
      2. Restraints
        1. Lactose Intolerance Concerns
        2. Regulatory Challenges
        3. Environmental Impact
      3. Opportunities
        1. Emerging Markets
        2. Plant-Based Dairy Alternatives
        3. E-commerce Expansion
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Dairy Based Beverages Market, By Type, 2021 - 2031 (USD Million)
      1. Milk
      2. Yogurt
      3. Kefir
      4. Others
    2. Global Dairy Based Beverages Market, By Category, 2021 - 2031 (USD Million)
      1. Flavoured drink
      2. Unflavored drink
    3. Global Dairy Based Beverages Market, By Distibution Channel, 2021 - 2031 (USD Million)
      1. Supermarkets/hypermarkets
      2. Convenience stores
      3. Specialty Stores
      4. Online Channels
      5. Others
    4. Global Dairy Based Beverages Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Nestle SA
      2. Arla Foods amba
      3. Morinaga Nutritional Foods, Inc.
      4. Chr Hansen
      5. Danone Groupe SA
      6. Chobani, LLC
      7. Pillars
      8. Schreiber Foods
      9. China Mengniu Dairy Company Limited
  7. Analyst Views
  8. Future Outlook of the Market