Increasing health consciousness fueled by the prevalence of obesity and related diseases is one of the major factors driving the low-fat dairy beverages market growth. Health and wellness trend is gaining global popularity, especially among consumers in the 18 to 32 years age group. This is encouraging the consumption of food and beverages that are low in fat and calories. Consumers are also willing to pay premium prices for products with various functional benefits. Consequently, the purchase volume of low-fat dairy products and beverages is growing.
The introduction of new flavors is one of the key low-fat dairy beverages market trends that can positively influence the growth of the global low-fat dairy beverage market. The trend of experimenting with new flavors is raising the demand for new and innovative flavors. This has encouraged market players to come up with new flavors for their products. The launch of new flavors also helps in keeping the market from reaching maturity. The low-fat dairy beverages market forecast predicts that fueled by these factors, the market will grow at a CAGR of over 3% during the forecast period.
Top low-fat dairy beverages companies covered in this market research report
The low-fat dairy beverages market is moderately fragmented with the market open to opportunities. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this low-fat dairy beverages industry analysis report is designed to aid clients to identify new growth opportunities and make informed business decisions.
The report offers a complete analysis of various companies including:
THE COCA-COLA COMPANY
Low-fat dairy beverages market segmentation based on geographic regions
The global low-fat dairy beverages market analysis reveals that the APAC region will lead the low-fat dairy beverages market share during the forecast period. Growing health consciousness, rising milk production, surging disposable incomes are some of the primary reasons behind APAC’s dominance.
Low-fat dairy beverages market segmentation based on products
Low-fat yogurt drinks
Other low-fat dairy beverages
The low-fat milk segment will dominate the low-fat dairy beverages market share and account for the highest low-fat dairy beverages market growth during the forecast period. Additionally, the report will also provide an accurate prediction of the contribution of the various product segments to the growth of the low-fat dairy beverages market size.
Key highlights of the global low-fat dairy beverages market for the forecast years 2018-2022:
CAGR of the market during the forecast period 2018-2022
Detailed information on factors that will accelerate the growth of the low-fat dairy beverages market during the next five years
Precise estimation of the global low-fat dairy beverages market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the low-fat dairy beverages industry across the Americas, APAC, and EMEA
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive details on the factors that will challenge the growth of the low-fat dairy beverages companies
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch