Global Chocolate Milk Market 2024-2028
Chocolate Milk Market 2024-2028
The chocolate milk market is forecasted to grow by USD 1025.1 mn during 2023-2028, accelerating at a CAGR of 3.7% during the forecast period. The report on the chocolate milk market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing consumer disposable income, rising demand for flavored dairy products, and easy access to retailer outlets.
Technavio's chocolate milk market is segmented as below:
By Distribution Channel
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the development of sugar-free organic chocolate milk as one of the prime reasons driving the chocolate milk market growth during the next few years. Also, increasing adoption of vegan diet and growing awareness about health benefits of dark chocolate in dairy products will lead to sizable demand in the market.
The report on the chocolate milk market covers the following areas:
- Chocolate Milk Market sizing
- Chocolate Milk Market forecast
- Chocolate Milk Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading chocolate milk market vendors that include Arla Foods amba, Britannia Industries Ltd., Dairy Farmers of America Inc., Drums Food International Pvt. Ltd., FrieslandCampina, Gujarat Cooperative Milk Marketing Federation Ltd., Heritage Foods Ltd., Inner Mongolia Yili Industrial Group Co. Ltd., Maryland and Virginia Milk Producers Cooperative Association Inc., MilkyMist Dairy Food Pvt. Ltd., Muller UK and Ireland Group LLP, National Dairy Development Board, Nestle SA, Punjab Sind Foods (India) Pvt. Ltd., Saputo Inc., Simpl Innovative Brands Pvt. Ltd., Snackstar, Sofina SA, The Hershey Co., and Veganarke Enteprises Pvt. Ltd.. Also, the chocolate milk market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.