The flavoured milk market in India is forecast to increase by USD 5.13 billion at a CAGR of 14.95% between 2023 and 2028. The market is experiencing significant growth due to changing consumer preferences for nutritious, convenient, and indulgent beverage options. The demand for premium flavoured milk is particularly driving this trend, with consumers increasingly choosing ready-to-drink, nutrient-rich beverages that offer a combination of convenience and taste. The market is also being reshaped by the rise of eco-friendly packaging, which aligns with the growing preference for sustainable and environmentally-conscious choices among consumers. Additionally, flavoured milk variants, often fortified with calcium and vitamin D, are gaining popularity among coffee and tea drinkers.
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The flavoured milk market has witnessed significant growth, driven by evolving consumer preferences for dairy beverages that combine taste with nutritional benefits. The rise of health-conscious beverages has spurred demand for low-sugar flavoured milk and organic flavoured milk, catering to consumers seeking healthier alternatives. Popular variants such as chocolate milk, mango flavoured milk, and strawberry milk continue to dominate, especially among younger demographics, reinforcing the importance of flavoured milk for kids. Additionally, probiotic milk drinks are gaining traction due to their digestive health benefits. Urban areas have seen a surge in ready-to-drink milk consumption, reflecting broader trends in urban dairy consumption, while the rural milk market remains vital for expanding distribution networks. Innovations in flavoured milk packaging also play a crucial role in enhancing convenience and shelf life, contributing to overall dairy market growth.
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The flavoured milk industry is undergoing rapid transformation, with beverage innovation driving new product developments and market expansion. Companies are increasingly focusing on nutritional milk alternatives to cater to diverse dietary needs while ensuring sustained growth in the flavoured milk retail sector. The rising popularity of dairy-based nutrition is influencing purchasing decisions, particularly in urban markets where convenience and health benefits are primary considerations. Additionally, the growing demand for street-food-inspired dairy beverages is influencing regional preferences, further shaping flavoured milk trends. With advancements in processing technologies and evolving consumer behavior, the sector is poised for continuous expansion, leveraging both traditional and modern retail channels.
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