India Milk-Based Beverages Market– Opportunities & Forecast, 2019-2026
Milk-based beverages are RTD (ready to drink) products which provides an essential source of nutrition to consumers. It is one of the most active functional drink that offers all major nutrients similar to unflavoured milk such as protein, calcium, vitamin D, vitamin A, vitamin B12, potassium, phosphorus, riboflavin and niacin. Milk-based beverages are further classified into flavoured milk beverages and fermented milk beverages. The India milk-based beverages market is projected to reach USD 5,273.9 million by the end of 2026, growing at a CAGR of 25.5 % during the forecast period 2019-2026. The key factors propelling the market growth include increasing consumer focus towards health coupled with rising disposable income. Furthermore, increasing awareness of nutritional benefits of healthy ready-to-drink milk-based beverages among consumers will boost the India milk-based beverages market. Milk-based beverages contain various essential nutrients such as protein, calcium, vitamin A...