India Flavored Milk Market Overview, 2028
India Flavored milk, with its enticing combination of taste and nutritional benefits, has gained immense popularity among both children and adults. The flavored milk market in India is driven by several factors. Initially, the changing lifestyles and dietary preferences of the Indian population have led to an increased demand for convenient and nutritious beverages. Flavored milk perfectly fits the bill, providing a balance of taste, essential nutrients, and hydration in a single package. In addition, the rising awareness about the importance of maintaining a healthy lifestyle has prompted consumers to seek out products that offer both indulgence and well-being. Flavored milk, enriched with vitamins, minerals, and proteins, is seen as a guilt-free treat that can be enjoyed as a part of a balanced diet. Furthermore, the influence of Western culture and the increasing exposure to international brands have played a significant role in shaping the flavored milk market in India. The younger generation, in particular, has embraced the concept of flavored milk as a trendy and fashionable beverage choice.
According to the research report ""Italy Flavored Milk Market Overview, 2028,"" published by Bonafide Research, The India Flavored Milk Market is expected to grow at above 15.06% CAGR from 2023 to 2028. The Indian flavored milk market is characterized by a diverse range of flavors, catering to varied taste preferences. Traditional flavors like rose, saffron, cardamom, and almond have long been cherished in Indian cuisine, and these have found their way into the flavored milk market, offering a touch of nostalgia and familiarity. Additionally, innovative flavors such as chocolate, strawberry, vanilla, mango, and coffee have been introduced, appealing to a wider audience and capturing the imagination of the youth. Both established players and new entrants are actively competing in this market, driving innovation and product development. Many dairy companies have launched their own lines of flavored milk, leveraging their expertise in milk processing and distribution networks. Moreover, collaborations between dairy manufacturers and popular food and beverage brands have resulted in exciting partnerships, bringing novel flavors and unique marketing campaigns to the forefront. Several leading companies have made their mark in the flavored milk market in India. Some prominent players Amul, Mother Dairy, Nestlé India, Danone, Britannia Industries, Heritage Foods, Parag Milk Foods, Kwality.
The flavored milk market in India is subject to various government regulations and guidelines to ensure consumer safety, product quality, and fair trade practices. Some key regulations governing the flavored milk market in India are Food Safety and Standards Authority of India (FSSAI) is the primary regulatory body responsible for ensuring food safety and standards in India. FSSAI sets guidelines and standards for the manufacturing, labeling, packaging, and distribution of flavored milk products. It establishes regulations regarding permissible ingredients, additives, labeling requirements, nutritional information, and maximum residue limits for contaminants. In addition, Prevention of Food Adulteration Act (PFA Act) is an important legislation in India that aims to prevent the adulteration of food products. It prohibits the sale of adulterated or misbranded food items, including flavored milk. The act provides guidelines to prevent the use of harmful substances, maintain product quality, and protect consumer health. Another, The Bureau of Indian Standards (BIS) sets product standards for flavored milk to ensure consistency, quality, and safety. These standards cover aspects such as the composition of milk, permissible additives, minimum milk solids content, and maximum limits for contaminants. Moreover, The Advertising Standards Council of India (ASCI) monitors and regulates the advertising and marketing practices of flavored milk brands. ASCI ensures that advertisements are truthful, not misleading, and adhere to ethical standards. It also monitors claims related to health benefits and nutritional content, ensuring they are supported by scientific evidence. Also, The government mandates that flavored milk products clearly indicate their vegetarian or non-vegetarian status through appropriate labeling. This is to cater to the dietary preferences and religious beliefs of consumers.
To meet the increasing demand, the flavored milk market has witnessed significant investments in production facilities, distribution networks, and marketing initiatives. The availability of flavored milk has expanded beyond traditional retail outlets, with the emergence of specialized milk bars, online delivery platforms, and even dedicated sections in supermarkets. The flavored milk market in India has experienced a remarkable growth trajectory, blending tradition with innovation, taste with nutrition, and convenience with quality. With a wide array of flavors to choose from, coupled with a growing health-consciousness among consumers, the future of flavored milk in India looks bright, promising exciting opportunities for both manufacturers and consumers alike.
Recent Developments
some recent developments from key companies in the flavored milk market in India:
• Amul, a leading dairy cooperative in India, has a strong presence in the flavored milk segment. They have been expanding their flavored milk offerings and introducing new flavors regularly. Amul Kool, their flagship brand for flavored milk, has introduced flavors like Kesar Elaichi, Rose, Mango, and Chocolate. Amul has also been focusing on product innovation by introducing low-fat and sugar-free variants of flavored milk to cater to health-conscious consumers.
• Mother Dairy is another major player in the Indian dairy industry. They have a range of flavored milk products under their brand name ""Dailycious."" Mother Dairy has been expanding its flavored milk portfolio with new flavors and variants. They have introduced flavors like Kesar Elaichi, Vanilla, Strawberry, and Coffee. Mother Dairy has also emphasized the use of natural ingredients and the nutritional value of their flavored milk products.
• Nestlé is a multinational food and beverage company that operates in various markets, including India. They have a presence in the flavored milk market through their brand ""Nestlé Milo."" Nestlé Milo is a popular chocolate-flavored malted milk drink. While Nestlé focuses on the malted milk segment, they have also introduced other flavored milk products, such as Nesquik, which is a chocolate-flavored milk powder that can be mixed with milk.
• Danone, a global food company, has a range of dairy products, including flavored milk, in the Indian market. Their brand ""Danone Smoothie"" offers flavored milk products with flavors like Mango, Strawberry, Vanilla, and Chocolate. Danone has been focusing on promoting the nutritional benefits of their flavored milk products, highlighting the use of real fruit and milk ingredients.
• Parle Agro, a prominent Indian beverage company, has a flavored milk brand called ""Smoodh."" Smoodh offers a range of flavored milk products in flavors such as Chocolate, Strawberry, and Vanilla. Parle Agro has been expanding its distribution network and investing in marketing initiatives to increase the visibility and reach of their flavored milk products.
Considered in this report
• Geography: India
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028
Aspects covered in this report
• India flavored milk market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
By Product type
• Dairy-based
• Plant-based
By Capacity
• Chocolate
• Fruit
• Vanilla
• Others
By Packaging
• Plastic Packaging
• Paper Based Packaging
• Glass Packaging
• Metal Packaging
By Distribution Channel
• Supermarket and Hypermarket
• Convenience Stores
• Speciality Stores
• Online
• Others
The approach of the report:This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources.
Intended audienceThis report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to flavored milk industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.