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Chocolate Milk Market by Distribution Channel and Geography - Forecast and Analysis 2022-2026

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR71402
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The chocolate milk market share is expected to increase by USD 1.23 billion from 2022 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.34%.

This chocolate milk market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by distribution channel (supermarket/hypermarkets, online, convenience stores, and others) and geography (North America, Europe, APAC, South America, and MEA). The chocolate milk market report also offers information on several market vendors, including Arla Foods amba, Dairy Farmers of America Inc., Gujarat Cooperative Milk Marketing Federation, Inner Mongolia Yili Industrial Group Co. Ltd., Muller UK and Ireland Group LLP, Nestle SA, Royal FrieslandCampina NV, Saputo Inc., Sofina SA, and The Hershey Co. among others.

What will the Chocolate Milk Market Size be in 2022?

Chocolate Milk Market Size

Download the Free Report Sample to Unlock the Chocolate Milk Market Size for 2022 and Other Important Statistics

 

Chocolate Milk Market: Key Drivers and Trends

The increasing consumer disposable income is notably driving the chocolate milk market growth, although factors such as the availability of substitutes may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the chocolate milk industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

This chocolate milk market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Chocolate Milk Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Arla Foods amba
  • Dairy Farmers of America Inc.
  • Gujarat Cooperative Milk Marketing Federation
  • Inner Mongolia Yili Industrial Group Co. Ltd.
  • Muller UK and Ireland Group LLP
  • Nestle SA
  • Royal FrieslandCampina NV
  • Saputo Inc.
  • Sofina SA
  • The Hershey Co.

 

This statistical study of the chocolate milk market encompasses successful business strategies deployed by the key vendors. The chocolate milk market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The chocolate milk market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Chocolate Milk Market?

Chocolate Milk Market Market segmentation by region

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30% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for chocolate milk in North America. However, the market growth in North America will be slower than the growth of the market in other regions.

This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Distribution Channel Segments in the Chocolate Milk Market?

Chocolate Milk Market Segmentation

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The chocolate milk market share growth by the supermarket/hypermarkets segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the chocolate milk market size and actionable market insights on post COVID-19 impact on each segment.

 

Chocolate Milk Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.34%

Market growth 2022-2026

$ 1.23 billion

Market structure

Fragmented

YoY growth (%)

3.91

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 30%

Key consumer countries

US, China, Germany, Canada, and India

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

Arla Foods amba, Dairy Farmers of America Inc., Gujarat Cooperative Milk Marketing Federation, Inner Mongolia Yili Industrial Group Co. Ltd., Muller UK and Ireland Group LLP, Nestle SA, Royal FrieslandCampina NV, Saputo Inc., Sofina SA, and The Hershey Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Factors Covered in this Chocolate Milk Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive chocolate milk market growth during the next five years
  • Precise estimation of the chocolate milk market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the chocolate milk industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of chocolate milk market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Distribution channel

    • Market segments
    • Comparison by Distribution channel
    • Supermarket/hypermarkets - Market size and forecast 2021-2026
    • Online - Market size and forecast 2021-2026
    • Convenience stores - Market size and forecast 2021-2026
    • Others - Market size and forecast 2021-2026
    • Market opportunity by Distribution channel

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2021-2026
      • Europe - Market size and forecast 2021-2026
      • APAC - Market size and forecast 2021-2026
      • South America - Market size and forecast 2021-2026
      • MEA - Market size and forecast 2021-2026
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Arla Foods amba
      • Dairy Farmers of America Inc.
      • Gujarat Cooperative Milk Marketing Federation
      • Inner Mongolia Yili Industrial Group Co. Ltd.
      • Muller UK and Ireland Group LLP
      • Nestle SA
      • Royal FrieslandCampina NV
      • Saputo Inc.
      • Sofina SA
      • The Hershey Co.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your sample now!
      Chocolate Milk market growth will increase by $1231.65 million during 2021-2026.
      The chocolate milk market is expected to grow at a CAGR of 4.34% during 2021-2026.
      Technavio has segmented the chocolate milk market by distribution channel (Supermarket/hypermarkets, Online, Convenience stores, and Others) and geographic (North America, Europe, APAC, South America, MEA, North America, Europe, APAC, South America, and MEA).
      Arla Foods amba, Dairy Farmers of America Inc., Gujarat Cooperative Milk Marketing Federation, Inner Mongolia Yili Industrial Group Co. Ltd., Muller UK and Ireland Group LLP, Nestle SA, Royal FrieslandCampina NV, Saputo Inc., Sofina SA, The Hershey Co. are a few of the key vendors in the chocolate milk market.
      North America will register the highest growth rate of 30.08% among the other regions. Therefore, the chocolate milk market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      • US
      • China
      • Germany
      • Canada
      • India
      The key factors driving the chocolate milk market growth are:
      • Increasing consumer disposable income
      The chocolate milk market vendors should focus on grabbing business opportunities from the supermarket/hypermarkets segment as it accounted for the largest market share in the base year.
      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?
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      • Details on the market shares of various regions
      • Five-force market analysis

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