Milk has long been regarded as an essential beverage, lauded for its high levels of calcium and other health benefits. Today, milk manufacturers are working to innovate milk in order to increase its consumption, specifically targeting youth. This has led to the development of flavored milks, which can be enjoyed on their own or integrated into a variety of recipes. According to analysts at Technavio, the global flavored milk market, which was valued at $21.87 billion in 2015, will reach $26.88 billion by 2020, growing at a CAGR of 4.21%.
Key vendors in the global flavored milk market
China Mengniu Dairy
China Mengniu Dairy Company Limited and its subsidiaries manufacture and distribute quality dairy products in China. It is one of the leading dairy product manufacturers in China, with MENGNIU as its core brand. Mengniu’s diversified products range includes liquid milk products (such as UHT milk, milk beverages and yogurt), ice cream, milk formula and other dairy products. By the end of December 2015, the Group’s annual production capacity reached 8.68 million tons.
Danone
Danone is a French multinational food-products corporation based in Paris. It has four business lines: Fresh Dairy products, Waters, Early Life Nutrition and Medical Nutrition. In the United States it is marketed as the Dannon Company. Danone is present in over 130 markets and generated sales of €22.4 billion in 2015, with more than half in emerging countries. In 2015, Fresh dairy products represented 50% of the group’s total sales. .
Amul
Amul is an Indian dairy cooperative based in India. Formed in 1946, Amul is managed by a cooperative body, the Gujarat Co-operative Milk Marketing Federation Ltd. (GCMMF), which today is jointly owned by 3.6 million milk producers in Gujarat. Amul spurred India’s White Revolution, which made the country the world’s largest producer of milk and milk products. In the process, Amul became the largest food brand in India and has ventured into markets overseas.
Inner Mongolia Yili Industrial Group
Yili Group is a privately owned company of dairy industry in China. It is engaged in the processing and manufacturing of milk products, including ice cream, powdered milk, milk tea powder, sterilized milk and fresh milk under “Yili” brand. It is headquartered in Hohhot, Inner Mongolia. The company was an official sponsor of the 2008 Beijing Olympics.
Nestlé
Nestlé S.A. is a Swiss transnational food and drink company headquartered in Switzerland. It is the largest food company in the world measured by revenues. Nestlé’s products include baby food, medical food, bottled water, breakfast cereals, coffee and tea, confectionery, dairy products, ice cream, frozen food, pet foods, and snacks. Nestlé has 447 factories, operates in 194 countries, and employs around 339,000 people. It is one of the main shareholders of L’Oreal, the world’s largest cosmetics company.
Other prominent vendors
Arla Foods
Arla Foods is an international cooperative based in Denmark, and the largest producer of dairy products in Scandinavia. Arla Foods was formed as the result of a merger between the Swedish dairy cooperative Arla and the Danish dairy company MD Foods in 2000. Arla Foods is the seventh largest dairy company in the world measured by turnover. Arla Foods has three major brands: Arla, Lurpak, and Castello cheeses, which are sold worldwide.
Associated Milk Producers
Associated Milk Producers, Inc., a dairy marketing cooperative, produces and sells cheese, butter, and powdered dairy products to foodservice, retail, and food ingredient customers in the United States. The company was founded in 1969 and is based in New Ulm, Minnesota.
Bright Food
The Bright Food Group is a large-scale food industry group based in Shanghai. The group specialises in modern agriculture, food processing, production and distribution, and has over 500 retail outlets in China via its NGS Supermarket division. With annual sales of 76 billion RMB, Bright Food also owns property and many other raw food material production plants around China. It has four companies listed on the China A-share market, which include Bright Dairy, Jingfeng Wine, Shanghai Maling and Shanghai Haibo.
Dairy Farmers of America
Dairy Farmers of America Inc. (DFA) is a national milk marketing cooperative in the United States. It is owned by and serves nearly 15,000 dairy farmer-members representing more than 9,000 dairy farms in 48 states. DFA markets members’ raw milk and sells milk and derivative products to wholesale buyers. Headquartered in Kansas City, Missouri, DFA is divided into seven geographical areas.
Dean Foods
Dean Foods is an American food and beverage company specializing in dairy products. The company maintains plants and distributors in the United States and the United Kingdom. Dean Foods has 100 facilities located in 35 American states as well as five manufacturing plants in the countries of Belgium, France, the United Kingdom, and the Netherlands.
FrieslandCampina
FrieslandCampina is a Dutch dairy cooperative. It is the result of a merger between Royal Friesland Foods and Campina in 2008. FrieslandCampina is the world’s largest dairy co-operative and one of the top 5 dairy companies in the world. The company comprises of four business groups: Consumer Products Europe, Consumer Products International, Cheese & Butter and Ingredients. Its product range consists of consumer milk, milk in powder and concentrated form, dairy drinks, yoghurts, desserts, cream, coffee creamers, baby and infant food, cheese, butter and ingredients.
Grupo Lala
Grupo Lala is a Mexican dairy company, founded in 1950. It is the only dairy company that operates nationwide in Mexico. It expanded into the United States in 2008, acquiring a manufacturing plant in Omaha, Nebraska, and in 2009, it acquired National Dairy, Farmland Dairies and Promised Land and is now the largest dairy company in Latin America.
Land O’ Lakes
Land O’Lakes, Inc. is a member-owned agricultural cooperative based Minnesota and focusing on the dairy industry. It has about 3,600 direct producer-members, 1,000 member-cooperatives, and about 10,000 employees who process and distribute products for about 300,000 agricultural producers, handling 12 billion pounds of milk annually.
Morinaga Milk Industry
Morinaga Milk Industry Co., Ltd. is a milk products and sweets company located in Tokyo, Japan. It has been in operation since 1917. The company’s products include milk products, drinks, candy, confectioneries, and infant formula. Morinaga has distribution agreements with Kraft Foods and is an affiliate company of Morinaga & Company.
Müller
Müller is a multinational producer of dairy products, with headquarters in Fischach in the German state of Bavaria. Müller has a turnover of €5 billion. It is one of the UK’s best selling yogurt brands and has 21,000 employees.
Want to know which region is leading the flavored milk market?
