Chocolate Industry

Chocolate milk market, 30% of market growth will come from North America, increasing consumer disposable income to drive growth

NEW YORK, August 2, 2022 /PRNewswire/ — The chocolate milk market the size should increase by $10.23 billion at a CAGR of 4.34% over the forecast period, according to Technavio. The increase in consumer disposable income is notably driving the growth of the chocolate milk market.

Technavio has announced its latest <a class=market research report titled Chocolate Milk Market by Distribution Channel and Geography – Forecast and Analysis 2022-2026″ src=”https://s.yimg.com/ny/api/res/1.2/hkWBoe5WnThEtEQEqHpQPg–/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5Nw–/https://s.yimg.com/uu/api/res/1.2/pdJiHozDNFDKTSU3yqziAw–~B/aD0yMjU7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/4f2fdb537461928b757c3b17b24baab7″/>

Technavio has announced its latest market research report titled Chocolate Milk Market by Distribution Channel and Geography – Forecast and Analysis 2022-2026

The market is fragmented and the degree of fragmentation will accelerate over the forecast period. Arla Foods amba, Dairy Farmers of America Inc., Gujarat Cooperative Milk Marketing Federation, Inner Mongolia Yili Industrial Group Co. Ltd., Muller UK and Ireland Group LLP, Nestle SA, Royal FrieslandCampina NV, Saputo Inc., Sofina SA and La société Hershey. are among the major players in the market. The report offers up-to-date analysis to know the exact growth variance and YOY growth rate Request a sample report.

Rising consumer disposable income, growing demand for flavored dairy products and easy access to point of sale will provide immense opportunities for growth. However, the availability of substitutes, increasing cases of lactose intolerance and milk allergies, and fluctuating raw material prices will test the growth of market players.

Segmentation of the chocolate milk market

  • Distribution channel

  • Geographical

Increasing consumer disposable income has been instrumental in driving the growth of the market. However, the availability of substitutes might hamper the growth of the market.

North America will represent 30% of market growth. The two largest chocolate milk markets in North America are the United States and Canada. However, the expansion of the market in North America will be slower than on other continents. Download sample report

Chocolate Milk Market Vendor Analysis

We provide detailed chocolate industry analysis of approximately 25 vendors. Backed by competitive intelligence and benchmarking, our Chocolate Milk market research reports are designed to provide entry support, client profiling and mergers & acquisitions & go-to-market strategic support .

  • Arla Foods Embassy

  • Dairy Farmers of America Inc.

  • Cooperative Milk Marketing Federation of Gujarat

  • Inner Mongolia Yili Industrial Group Co. Ltd.

  • Muller UK and Ireland Group LLP

  • Nestlé SA

  • Royal FrieslandCampina NV

  • Saputo inc.

  • Sofina AG

  • The Hershey Company.

Chocolate Milk Market Highlights

  • CAGR of the market over the forecast period

  • In-depth information on factors that will contribute to the growth of the chocolate milk market over the next five years

  • Estimation of the chocolate milk market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the chocolate milk market

  • Market Competitive Landscape Analysis and Detailed Vendor Information

  • Comprehensive details of factors that will challenge the growth of the Chocolate Milk Market vendors

Contact our analysts for more personalized reports according to your needs. Talk to our analyst now!

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Chocolate Milk Market Scope

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 4.34%

Market Growth 2022-2026

$1.23 billion

Market structure

Fragmented

Annual growth (%)

3.91

Regional analysis

North America, Europe, APAC, South America and MEA

Successful market contribution

North America at 30%

Main consumer countries

United States, China, Germany, Canada and India

Competitive landscape

Leading Companies, Competitive Strategies, Consumer Engagement Reach

Profiled companies

Arla Foods amba, Dairy Farmers of America Inc., Gujarat Cooperative Milk Marketing Federation, Inner Mongolia Yili Industrial Group Co. Ltd., Muller UK and Ireland Group LLP, Nestle SA, Royal FrieslandCampina NV, Saputo Inc., Sofina SA and La société Hershey.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Status Analysis for the Forecast Period

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Search Technavio “Basic consumption“Research Reports

Contents:

Summary

Market landscape

  • Market ecosystem

  • Value chain analysis

Market sizing

Five forces analysis

  • The bargaining power of buyers

  • Bargaining power of suppliers

  • The threat of new entrants

  • The threat of substitutes

  • Threat of rivalry

  • Market state

Market segmentation by distribution channel

  • Market segments

  • Comparison by distribution channel

  • Supermarkets/Hypermarkets – Market size and forecast 2021-2026

  • Online – Market size and forecast 2021-2026

  • Convenience stores – Market size and forecast 2021-2026

  • Others – Market size and forecast 2021-2026

  • Market opportunity by distribution channel

Customer landscape

Geographic landscape

  • Geographic segmentation

  • Geographic comparison

  • North America – Market size and forecast 2021-2026

  • Europe – Market size and forecast 2021-2026

  • APAC – Market size and forecast 2021-2026

  • South America – Market size and forecast 2021-2026

  • MEA – Market size and forecast 2021-2026

  • Main leading countries

  • Market Opportunity by Geography

  • Market factors

  • Market challenges

  • Market trends

Supplier Landscape

  • Supplier Landscape

  • Landscape disturbance

Vendor analysis

  • Suppliers Covered

  • Positioning on the supplier market

  • Arla Foods Embassy

  • Dairy Farmers of America Inc.

  • Cooperative Milk Marketing Federation of Gujarat

  • Inner Mongolia Yili Industrial Group Co. Ltd.

  • Muller UK and Ireland Group LLP

  • Nestlé SA

  • Royal FrieslandCampina NV

  • Saputo inc.

  • Sofina AG

  • The Hershey Company.

Annex

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Manager
USA: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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