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).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.
Global Dairy Based Beverages Market Recent Developments
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In August 2021, Lactalis Group acquired the remaining stake in the Italian dairy brand Galbani, enhancing its presence in the dairy beverage segment.
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In December 2020, Nestlé launched a new dairy-based coffee drink, highlighting its push to expand in the coffee beverage sector.
Segment Analysis
Driven by increasing consumer demand for nutritious and convenient beverage options. The market is segmented by type into milk, yogurt, kefir, and other dairy-based drinks, each offering unique nutritional profiles and flavors to cater to diverse consumer preferences. Within categories, flavored drinks are expected to dominate, appealing to consumers seeking indulgent flavors and added functional benefits, while unflavored options attract those prioritizing natural ingredients.Distribution channels play a pivotal role, with supermarkets/hypermarkets leading the way due to their extensive product offerings and consumer convenience. Convenience stores and specialty stores also contribute significantly, offering convenient grab-and-go options and specialized products. The rapid adoption of online channels further enhances market accessibility, providing consumers with a platform for easy purchasing and home delivery. As health awareness grows globally, especially in regions like North America, Europe, and Asia-Pacific, the dairy-based beverages market is set to capitalize on these trends through innovation, sustainability initiatives, and strategic market expansions.
Global Dairy Based Beverages Segment Analysis
In this report, the Global Dairy Based Beverages Market has been segmented by Type, Category, Distibution Channel and Geography.
Global Dairy Based Beverages Market, Segmentation by Type
The Global Dairy Based Beverages Market has been segmented by Type into Milk, Yogurt, Kefir and Others.
The segmentation of the dairy-based beverages market by type into milk, yogurt, kefir, and other products underscores the diversity of offerings that cater to varying consumer preferences and nutritional needs. Milk remains a cornerstone of this market, valued for its essential nutrients such as calcium, protein, and vitamins. It serves as the base for many dairy beverages, including flavored and fortified varieties that appeal to a wide demographic, from children to adults seeking nutritional supplementation.Yogurt-based beverages leverage the popularity of yogurt's probiotic benefits and creamy texture, offering a refreshing alternative to traditional dairy drinks. These beverages often come in various flavors and are marketed for their digestive health benefits and protein content, appealing to health-conscious consumers seeking functional foods.
Kefir, known for its probiotic properties and tangy taste, has gained traction as a cultured dairy beverage that supports gut health. It often includes additional flavors or fruit infusions to enhance its appeal. Other dairy-based beverages encompass a range of products such as dairy-based smoothies, lactose-free options, and specialized formulations catering to specific dietary preferences and trends.As consumer awareness of the nutritional benefits of dairy expands and preferences for convenient, functional beverages grow, these segmented categories are expected to drive innovation and market growth within the dairy-based beverages industry globally.
Global Dairy Based Beverages Market, Segmentation by Category
The Global Dairy Based Beverages Market has been segmented by Category into Flavoured drink and Unflavored drink.
The segmentation of the dairy-based beverages market into flavored and unflavored drinks reflects the diverse preferences and dietary choices of consumers globally. Flavored drinks, which include a variety of fruit-infused, chocolate, vanilla, and other flavor combinations, appeal to consumers seeking indulgence and taste diversity in their beverages. These products often cater to those looking for enjoyable alternatives to plain milk or traditional dairy drinks, with added sweetness or unique flavor profiles.
On the other hand, unflavored dairy beverages cater to consumers who prioritize natural ingredients and minimal processing in their dietary choices. These products often highlight the inherent nutritional benefits of dairy, such as protein, calcium, and vitamins, without additional flavors or sweeteners. They appeal to health-conscious individuals and those with specific dietary needs, such as athletes or individuals following certain nutritional guidelines. Both categories contribute to the overall growth of the dairy-based beverages market, with flavored drinks driving innovation and consumer excitement through new flavor introductions and product variations. Meanwhile, unflavored drinks uphold the traditional values of dairy nutrition and purity, appealing to a segment of consumers focused on simplicity and wholesome ingredients. As consumer preferences evolve and health awareness increases, these categories will continue to shape product development and market strategies within the dairy-based beverages industry.
Global Dairy Based Beverages Market, Segmentation by Distibution Channel
The Global Dairy Based Beverages Market has been segmented by Distibution Channel into Supermarkets/hypermarkets, Convenience stores, Specialty Stores, Online Channels and Others.
The segmentation of the dairy-based beverages market by distribution channels reflects the diverse retail landscape catering to consumer preferences and convenience. Supermarkets and hypermarkets hold a significant share, offering a wide range of dairy beverages under one roof. These retail giants leverage their expansive store networks and promotional strategies to capture consumer attention and drive sales through bulk purchases and attractive discounts.
Convenience stores play a crucial role by providing on-the-go options for consumers seeking quick purchases of dairy-based beverages. Their strategic locations and extended operating hours cater to busy urban lifestyles, offering convenience and accessibility. Specialty stores, on the other hand, cater to niche markets, providing a curated selection of premium or specialized dairy beverages that appeal to discerning consumers looking for unique flavors or health-oriented products.The rise of online channels has revolutionized the market dynamics, allowing consumers to browse, compare, and purchase dairy beverages from the comfort of their homes. E-commerce platforms offer a wide assortment of products, personalized recommendations, and convenient delivery options, driving growth in online sales. As consumer preferences continue to evolve towards convenience and varied choices, these distribution channels are expected to play pivotal roles in shaping the future of the dairy-based beverages market globally.
Global Dairy Based Beverages Market, Segmentation by Geography
In this report, the Global Dairy Based Beverages Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Dairy Based Beverages Market Share (%), by Geographical Region, 2024
In the dynamic landscape of dairy-based beverages, regional trends highlight significant opportunities and challenges across key markets. The Asia Pacific region stands out with robust population growth and increasing disposable incomes driving higher consumption rates of dairy-based beverages. Rapid urbanization and evolving dietary preferences towards healthier options are fueling this demand surge, particularly in countries like India and China, where dairy beverage production meets substantial local consumption needs.
Conversely, North America is experiencing notable growth in its dairy-based beverages market, propelled by heightened consumer awareness of nutrition and wellness. There's a growing preference for convenient, nutrient-rich beverages among health-conscious consumers, driving innovation in dairy products like fortified milk and yogurt drinks. This trend is bolstered by a strong infrastructure for dairy processing and distribution, supporting the market's expansion and catering to diverse consumer tastes.In terms of global trade, the European Union countries have maintained a prominent position as major exporters of dairy products, leveraging advanced production technologies and stringent quality standards. The USA follows closely, benefiting from robust agricultural practices and efficient export infrastructure. Meanwhile, countries like India and China contribute significantly to dairy beverage production, driven by domestic demand and increasing exports, reflecting their pivotal roles in the global dairy market landscape. As these regional dynamics continue to evolve, strategic investments in production capacity, sustainability practices, and market innovations will be crucial for meeting growing consumer expectations and seizing market opportunities.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Dairy Based Beverages Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunities Analysis
Drivers:
- Changing Consumer Preferences
- Innovation in Product Development
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Rising Health Consciousness - Growing awareness about the nutritional benefits of dairy products is a significant driver fueling the demand for dairy-based beverages worldwide. Dairy beverages are valued for their rich content of essential nutrients such as calcium, protein, vitamins (like vitamin D and B vitamins), and minerals (such as potassium and phosphorus), which are crucial for maintaining bone health, muscle function, and overall well-being. This nutritional profile appeals to consumers seeking convenient and wholesome beverage options as part of a balanced diet.
dairy-based beverages are increasingly recognized for their role in supporting various dietary needs, including those of children, athletes, and individuals seeking protein-rich or calcium-fortified alternatives. The versatility of dairy ingredients allows for a wide range of product innovations, including lactose-free, low-fat, or probiotic-enriched options, catering to diverse consumer preferences and health goals.As nutritional science continues to underscore the benefits of dairy consumption, coupled with proactive marketing efforts by industry players highlighting these advantages, the demand for dairy-based beverages is expected to grow. This trend is particularly pronounced in regions where dairy products traditionally play a significant role in daily diets, as well as in emerging markets where rising disposable incomes and health-conscious behaviors are driving the adoption of nutritious beverage choices.
Restraints:
- Lactose Intolerance Concerns
- Regulatory Challenges
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Environmental Impact - Growing concerns over the environmental footprint of dairy production and packaging are becoming pivotal factors influencing consumer choices and industry practices within the dairy-based beverages market. Consumers are increasingly aware of the environmental impact associated with dairy farming, including issues such as greenhouse gas emissions, water usage, and land degradation. As a result, there is a rising demand for sustainable practices throughout the dairy supply chain, from farm to packaging.
In response to these concerns, many dairy beverage manufacturers are adopting sustainable practices such as sourcing milk from farms that prioritize animal welfare and environmental stewardship. Additionally, there is a shift towards eco-friendly packaging materials, such as recyclable or biodegradable options, reducing plastic waste and promoting circular economy principles. Brands are also investing in renewable energy sources and efficient production methods to minimize their carbon footprint across operations.Industry initiatives and regulatory frameworks promoting sustainability are further driving these changes, encouraging transparency and accountability within the dairy-based beverages sector. As consumer awareness continues to grow, companies that prioritize sustainability and innovate towards greener practices are likely to gain competitive advantage, meeting the evolving expectations of environmentally conscious consumers globally.
Opportunities:
- Emerging Markets
- Plant-Based Dairy Alternatives
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E-commerce Expansion - The increasing adoption of online retail channels has revolutionized the dairy-based beverages market, offering brands unprecedented opportunities to reach a broader global consumer base. Online platforms provide convenience and accessibility, allowing consumers to explore and purchase a wide variety of dairy beverages from the comfort of their homes or on the go. This shift towards online retail is particularly beneficial for niche or specialty products that may have limited availability in traditional brick-and-mortar stores.
Moreover, online retail channels facilitate targeted marketing strategies and personalized consumer engagement, enabling brands to gather valuable insights into consumer preferences and behaviors. This data-driven approach empowers companies to tailor their product offerings and promotional efforts more effectively, enhancing customer satisfaction and loyalty. Additionally, the scalability of online platforms allows brands to expand their market reach beyond geographical boundaries, tapping into emerging markets and engaging with diverse demographics globally.As e-commerce continues to evolve and integrate with technological advancements like mobile shopping and social media marketing, its role in the dairy-based beverages sector is poised to grow significantly. Brands that embrace digital transformation and leverage online retail channels strategically are well-positioned to capitalize on the expanding consumer demand for convenient, nutritious, and innovative dairy beverages worldwide.
Competitive Landscape Analysis
Key players in Global Dairy Based Beverages Market include.
- Nestle SA
- Arla Foods amba
- Morinaga Nutritional Foods, Inc.
- Chr Hansen
- Danone Groupe SA
- Chobani, LLC
- Pillars
- Schreiber Foods
- China Mengniu Dairy Company Limited
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Category
- Market Snapshot, By Distibution Channel
- Market Snapshot, By Region
- Global Dairy Based Beverages Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Changing Consumer Preferences
- Innovation in Product Development
- Rising Health Consciousness
- Restraints
- Lactose Intolerance Concerns
- Regulatory Challenges
- Environmental Impact
- Opportunities
- Emerging Markets
- Plant-Based Dairy Alternatives
- E-commerce Expansion
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Dairy Based Beverages Market, By Type, 2021 - 2031 (USD Million)
- Milk
- Yogurt
- Kefir
- Others
- Global Dairy Based Beverages Market, By Category, 2021 - 2031 (USD Million)
- Flavoured drink
- Unflavored drink
- Global Dairy Based Beverages Market, By Distibution Channel, 2021 - 2031 (USD Million)
- Supermarkets/hypermarkets
- Convenience stores
- Specialty Stores
- Online Channels
- Others
- Global Dairy Based Beverages Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Dairy Based Beverages Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Nestle SA
- Arla Foods amba
- Morinaga Nutritional Foods, Inc.
- Chr Hansen
- Danone Groupe SA
- Chobani, LLC
- Pillars
- Schreiber Foods
- China Mengniu Dairy Company Limited
- Company Profiles
- Analyst Views
- Future Outlook of the Market