The global flavored milk market is forecasted to progress at a CAGR of 7% from 2023 to 2033. The market stands at US$ 42 billion in 2023 and is predicted to reach US$ 82 billion by 2033-end.
Milk in tins and cans is preferred among consumers due to the increasing demand for high-quality and high-shelf-life packaging solutions. Tins & cans are estimated to account for over 1/3 share of the global market by 2033.
Flavored milk vendors are expanding their product portfolio by introducing new flavors, to attract consumer interest. Leading companies are focusing more on attractive packaging to increase their product visibility, and leveraging the curiosity of consumers for attracting their attention.
Children enjoy fruit flavors, which has inspired producers to develop novel products. In addition, top businesses are releasing flavored milk types with improved functional qualities to meet consumer demand.
For instance :
Fonterra launched triple-layered bottles for its flavored milk products. The interior and exterior layers of these bottles are opaque, with black middle layers blocking out entire radiations of light, prolonging their shelf life.
Who are the key players in the Flavored Milk Market research report ?
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