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Milk with an attitude
The global flavoured milk industry is in its nascent stages, and is projected to grow at a compound annual growth rate (CAGR) of more than four percent in between 2016 and 2020 (Technavio).
In Pakistan, the liquid dairy market is primarily divided into four segments: plain dairy milk (72.8%), tea whiteners (22.3%), flavoured milk (2.4%), cream (1.7%), and low fat milk (0.8%) – Source: Researchgate.net. The main players within the flavoured milk segment, according to Dayfresh’s internal estimates are Pakola (60% market share), Dayfresh (20%), Oolala (Good Milk)and Milo (10% each).