Product Code: ETC13249275 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Dairy Based Beverages Market was valued at USD 21.5 Billion in 2024 and is expected to reach USD 32.3 Billion by 2031, growing at a compound annual growth rate of 8.70% during the forecast period (2025-2031).
The Global Dairy Based Beverages Market is experiencing significant growth driven by the increasing consumer preference for healthy and functional beverages. This market encompasses a wide range of products such as milkshakes, flavored milk, yogurt drinks, and dairy-based smoothies. Key factors contributing to market growth include rising disposable incomes, changing dietary preferences, and the growing awareness of the health benefits associated with dairy products. Additionally, the innovation in flavors, packaging, and formulations by manufacturers is attracting a wider consumer base. Geographically, emerging markets in Asia-Pacific and Latin America are showing substantial growth potential due to urbanization, westernization of diets, and the increasing adoption of convenience beverages. Overall, the Global Dairy Based Beverages Market is poised for continued expansion as companies focus on product diversification and catering to evolving consumer demands.
The Global Dairy Based Beverages Market is experiencing a shift towards healthier and functional products, driven by increasing consumer awareness of the health benefits of dairy ingredients. Plant-based alternatives are also gaining popularity among consumers seeking lactose-free and vegan options. Innovations in flavors, packaging, and added functional ingredients like probiotics and protein are driving growth in the market. The market is ripe with opportunities for companies to develop new product formulations that cater to evolving consumer preferences, such as reduced sugar content, clean label ingredients, and sustainable packaging solutions. Additionally, there is a growing demand for premium and indulgent dairy-based beverages, presenting opportunities for differentiation and premiumization strategies to target niche consumer segments. Overall, the Global Dairy Based Beverages Market is poised for continued growth and innovation in the coming years.
In the Global Dairy Based Beverages Market, challenges include changing consumer preferences towards plant-based alternatives, increasing competition from non-dairy products, concerns about lactose intolerance and dairy allergies, fluctuating prices of raw dairy ingredients, and strict regulations related to dairy production and processing. Additionally, the rising awareness about environmental sustainability and animal welfare issues is leading some consumers to shift away from traditional dairy products. Market players in the dairy based beverages sector must innovate to meet these challenges by developing new product formulations, improving production processes, investing in marketing strategies to educate consumers about the nutritional benefits of dairy beverages, and exploring opportunities in emerging markets to maintain a competitive edge in the industry.
The global dairy-based beverages market is primarily driven by the increasing consumer preference for healthy and nutritious drink options. The rising awareness about the health benefits of dairy products, such as their high protein content and calcium levels, is fueling the demand for dairy-based beverages. Additionally, the growing popularity of functional beverages with added vitamins, minerals, and probiotics is driving market growth. Changing dietary preferences, urbanization, and the availability of innovative product offerings from manufacturers are also key factors contributing to the expansion of the dairy-based beverages market globally. The convenience and on-the-go consumption trend further boost the market, as consumers seek convenient and nutritious beverage options in their busy lifestyles.
Government policies impacting the Global Dairy Based Beverages Market typically focus on regulations related to food safety, labeling requirements, trade agreements, and subsidies for dairy farmers. Many governments enforce strict quality control measures to ensure the safety and integrity of dairy products entering the market. Labeling regulations may include requirements for nutritional information, ingredient lists, and country of origin labeling. Trade agreements between countries can impact the import and export of dairy based beverages, affecting market dynamics. Additionally, some governments provide subsidies or support programs for dairy farmers to maintain a stable supply of raw materials for the industry. Overall, government policies play a crucial role in shaping the landscape of the Global Dairy Based Beverages Market by influencing production, distribution, and consumer trust in the products.
The Global Dairy Based Beverages Market is expected to witness steady growth in the coming years, driven by factors such as increasing consumer awareness about the nutritional benefits of dairy products, evolving dietary preferences, and the growing popularity of functional and fortified dairy beverages. The market is also likely to benefit from innovations in product formulations, packaging, and distribution channels, catering to changing consumer demands for convenience and health-conscious options. Furthermore, the rising disposable incomes in emerging markets, coupled with the expanding middle-class population, are anticipated to contribute to the market`s growth trajectory. However, challenges such as fluctuating raw material prices, regulatory constraints, and competition from plant-based alternatives may pose barriers to market expansion, necessitating strategic initiatives by key players to maintain a competitive edge in the evolving landscape.
In the Global Dairy Based Beverages Market, Asia is expected to witness strong growth due to increasing disposable incomes and changing dietary preferences towards healthier options. North America is a mature market with a high consumption of dairy-based beverages, driven by the popularity of products like flavored milk and yogurt drinks. Europe is also a key market, characterized by a high demand for organic and premium dairy beverages. The Middle East and Africa region is seeing growing interest in dairy-based beverages, particularly in countries with a rising middle class. In Latin America, the market is driven by the popularity of traditional dairy beverages like horchata and atol de elote, alongside the increasing consumption of modern dairy drinks among urban populations.
Global Dairy Based Beverages Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Dairy Based Beverages Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Dairy Based Beverages Market Revenues & Volume, 2021 & 2031F |
3.3 Global Dairy Based Beverages Market - Industry Life Cycle |
3.4 Global Dairy Based Beverages Market - Porter's Five Forces |
3.5 Global Dairy Based Beverages Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Dairy Based Beverages Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Dairy Based Beverages Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.8 Global Dairy Based Beverages Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Global Dairy Based Beverages Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Dairy Based Beverages Market Trends |
6 Global Dairy Based Beverages Market, 2021 - 2031 |
6.1 Global Dairy Based Beverages Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Dairy Based Beverages Market, Revenues & Volume, By Milk, 2021 - 2031 |
6.1.3 Global Dairy Based Beverages Market, Revenues & Volume, By Yogurt, 2021 - 2031 |
6.1.4 Global Dairy Based Beverages Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Dairy Based Beverages Market, Revenues & Volume, By Category, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Dairy Based Beverages Market, Revenues & Volume, By Flavored Drinks, 2021 - 2031 |
6.2.3 Global Dairy Based Beverages Market, Revenues & Volume, By Unflavored Drinks, 2021 - 2031 |
6.3 Global Dairy Based Beverages Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Dairy Based Beverages Market, Revenues & Volume, By Supermarkets/Hypermarkets, 2021 - 2031 |
6.3.3 Global Dairy Based Beverages Market, Revenues & Volume, By Convenience/Grocery Stores, 2021 - 2031 |
6.3.4 Global Dairy Based Beverages Market, Revenues & Volume, By Specialist Retailers, 2021 - 2031 |
6.3.5 Global Dairy Based Beverages Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Dairy Based Beverages Market, Overview & Analysis |
7.1 North America Dairy Based Beverages Market Revenues & Volume, 2021 - 2031 |
7.2 North America Dairy Based Beverages Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Dairy Based Beverages Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Dairy Based Beverages Market, Revenues & Volume, By Category, 2021 - 2031 |
7.5 North America Dairy Based Beverages Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8 Latin America (LATAM) Dairy Based Beverages Market, Overview & Analysis |
8.1 Latin America (LATAM) Dairy Based Beverages Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Dairy Based Beverages Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Dairy Based Beverages Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Dairy Based Beverages Market, Revenues & Volume, By Category, 2021 - 2031 |
8.5 Latin America (LATAM) Dairy Based Beverages Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9 Asia Dairy Based Beverages Market, Overview & Analysis |
9.1 Asia Dairy Based Beverages Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Dairy Based Beverages Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Dairy Based Beverages Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Dairy Based Beverages Market, Revenues & Volume, By Category, 2021 - 2031 |
9.5 Asia Dairy Based Beverages Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10 Africa Dairy Based Beverages Market, Overview & Analysis |
10.1 Africa Dairy Based Beverages Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Dairy Based Beverages Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Dairy Based Beverages Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Dairy Based Beverages Market, Revenues & Volume, By Category, 2021 - 2031 |
10.5 Africa Dairy Based Beverages Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11 Europe Dairy Based Beverages Market, Overview & Analysis |
11.1 Europe Dairy Based Beverages Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Dairy Based Beverages Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Dairy Based Beverages Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Dairy Based Beverages Market, Revenues & Volume, By Category, 2021 - 2031 |
11.5 Europe Dairy Based Beverages Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12 Middle East Dairy Based Beverages Market, Overview & Analysis |
12.1 Middle East Dairy Based Beverages Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Dairy Based Beverages Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Dairy Based Beverages Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Dairy Based Beverages Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Dairy Based Beverages Market, Revenues & Volume, By Category, 2021 - 2031 |
12.5 Middle East Dairy Based Beverages Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
13 Global Dairy Based Beverages Market Key Performance Indicators |
14 Global Dairy Based Beverages Market - Export/Import By Countries Assessment |
15 Global Dairy Based Beverages Market - Opportunity Assessment |
15.1 Global Dairy Based Beverages Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Dairy Based Beverages Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Dairy Based Beverages Market Opportunity Assessment, By Category, 2021 & 2031F |
15.4 Global Dairy Based Beverages Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
16 Global Dairy Based Beverages Market - Competitive Landscape |
16.1 Global Dairy Based Beverages Market Revenue Share, By Companies, 2024 |
16.2 Global Dairy Based Beverages Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |