Enjoy complimentary customisation on priority with our Enterprise License!
The chocolate milk market size is forecast to increase by USD 1.03 billion at a CAGR of 3.7% between 2023 and 2028. The market is experiencing significant growth due to several key factors. Consumers' increasing health consciousness has led to the demand for sugar-free and organic chocolate milk options. Moreover, the rise of vegan and nutritional preferences have fueled the growth of non-dairy chocolate milk alternatives. Convenience stores have emerged as major distribution channels for these products, catering to consumers' demand for on-the-go snacks. Fortified dairy products, including chocolate milk, are gaining popularity due to their health benefits. Ingredient innovation continues to drive the market, with companies introducing new flavors and functional ingredients to differentiate their offerings. As a result, the market is witnessing the introduction of low-sweetener and sugar-free alternatives. The use of natural cocoa and nutrients in production further adds to its appeal. The market analysis report provides an in-depth examination of these trends and growth factors, along with the challenges posed by the availability of substitutes.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.