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Flavored Milk Price Trend

In the global flavoured milk industry, new improvements in tastes and packaging have been seen, with companies introducing locally-preferred varieties. Furthermore, children have a preference for fruit flavours, which has prompted producers to develop new products. To meet the needs of the population, producers are also introducing flavoured milk types with improved functional features. Companies are introducing on-the-go flavoured milk to grow their offers and client base, recognising the opportunity presented by busier lifestyles and the need for convenience.

Following price hikes by other milk producers, companies like Namyang Dairy Products and Binggrae raised the price of dairy products in November 2021.
Strawberry and chocolate flavoured milk costs increased by an average of 1.6 percent.
Raw milk prices rose by an average of 21 KWR/L in August, resulting in an overall increase in production costs such as raw ingredient costs, distribution costs, and labour costs.

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Procurement Resource provides latest prices of Flavored Milk. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Chart Description: 

Procurement Resource provides Flavored Milk prices for several regions around the globe, which are as follows:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

About Flavored Milk: 

Flavored Milk is a well-known sweetened dairy drink made with milk, sugar, food colourings and artificial or natural flavourings. Flavored milk is generally pasteurised by utilising ultra-high-temperature (UHT) treatment, that provides it a longer shelf-life than plain milk.

Industrial Uses: 

  • Confectionaries
  • Desserts
  • Food and beverages

Production Process:

  • Production of Flavored Milk via Processing.

It is produced by standardising the milk to the desired fat and SNF percent. After the former step, the resultant is heated, homogenised, and clarified/purified to obtain Flavored Milk, which is then especially filled into sterile packaging material and stored in cold storage.

Supplier Database:

  • Arla Foods amba
  • Dairy Farmers of America Inc.
  • Nestlé SA
  • Danone
  • Yili Group
  • Dean Foods Company
  • Westland Milk Products

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Methodology: 

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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