The global dry, condensed and evaporated milk market is expected to grow at a CAGR of 4.5% during the forecast period from 2021 to 2030. The growth of this market can be attributed to the increasing demand for dairy products in emerging economies such as China and India. The demand for dairy products is also increasing due to the growing awareness about their health benefits among consumers in developed countries such as North America and Europe.
The dry milk product segment accounted for the largest share of this market in 2018, followed by condensed milk product segment and evaporated milk product segment respectively. The food application accounted for the largest share of this market in 2018, followed by beverages application and intermediate products application respectively. Asia Pacific was estimated to account for the largest share of this market in 2018, followed by North America and Europe respectively.
Some Of The Growth Factors Of This Market:
- The global population is increasing and this will lead to an increase in the demand for milk products.
- The global population is aging and this will lead to an increase in the demand for milk products.
- There are more people living in urban areas than rural areas, which means that there is a higher demand for milk products from urban populations than from rural populations.
- Milk consumption has been declining in some countries due to health concerns about dairy products, such as lactose intolerance or allergies to dairy proteins, but these declines have been offset by increases in other countries where people are not as concerned about these issues or where they do not exist at all (e.g., China).
Industry Growth Insights published a new data on “Dry, Condensed and Evaporated Milk Market”. The research report is titled “Dry, Condensed and Evaporated Milk Market research by Types (Dry Milk Product, Condensed Milk Product, Evaporated Milk Product), By Applications (Food, Beverages, Intermediate Products, Condiments, Other), By Players/Companies Nestlé, The J.M. Smucker Company, GCMMF PVT, Magnolia, Goya Foods, DANA Dairy, Dairy Plants USA, Interfood, Alaska Milk, Amul, Arla, Fraser and Neave, Friesland Campina, Marigold, DMK GROUP, Eagle Family Foods, Holland Dairy Foods, GLORIA, Alokozay Group”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Dry, Condensed and Evaporated Milk Market Research Report
By Type
Dry Milk Product, Condensed Milk Product, Evaporated Milk Product
By Application
Food, Beverages, Intermediate Products, Condiments, Other
By Companies
Nestlé, The J.M. Smucker Company, GCMMF PVT, Magnolia, Goya Foods, DANA Dairy, Dairy Plants USA, Interfood, Alaska Milk, Amul, Arla, Fraser and Neave, Friesland Campina, Marigold, DMK GROUP, Eagle Family Foods, Holland Dairy Foods, GLORIA, Alokozay Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Dry, Condensed and Evaporated Milk Market Report Segments:
The global Dry, Condensed and Evaporated Milk market is segmented on the basis of:
Types
Dry Milk Product, Condensed Milk Product, Evaporated Milk Product
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Beverages, Intermediate Products, Condiments, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nestlé
- The J.M. Smucker Company
- GCMMF PVT
- Magnolia
- Goya Foods
- DANA Dairy
- Dairy Plants USA
- Interfood
- Alaska Milk
- Amul
- Arla
- Fraser and Neave
- Friesland Campina
- Marigold
- DMK GROUP
- Eagle Family Foods
- Holland Dairy Foods
- GLORIA
- Alokozay Group
Highlights of The Dry, Condensed and Evaporated Milk Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dry Milk Product
- Condensed Milk Product
- Evaporated Milk Product
- By Application:
- Food
- Beverages
- Intermediate Products
- Condiments
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dry, Condensed and Evaporated Milk Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dry, condensed and evaporated milk are all types of milk that have had some water removed. Dry milk is the least watered down, while evaporated milk is the most water removed. Condensed milk has had most of its water removed, while dry skimmed (or low-fat) milk has only a small amount of moisture left.
Some of the key players operating in the dry, condensed and evaporated milk market are NestlƒÂ©, The J.M. Smucker Company, GCMMF PVT, Magnolia, Goya Foods, DANA Dairy, Dairy Plants USA, Interfood, Alaska Milk, Amul, Arla, Fraser and Neave, Friesland Campina, Marigold, DMK GROUP, Eagle Family Foods, Holland Dairy Foods, GLORIA, Alokozay Group.
The dry, condensed and evaporated milk market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Dry, Condensed and Evaporated Milk Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Dry, Condensed and Evaporated Milk Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Dry, Condensed and Evaporated Milk Market - Supply Chain
4.5. Global Dry, Condensed and Evaporated Milk Market Forecast
4.5.1. Dry, Condensed and Evaporated Milk Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Dry, Condensed and Evaporated Milk Market Size (000 Units) and Y-o-Y Growth
4.5.3. Dry, Condensed and Evaporated Milk Market Absolute $ Opportunity
5. Global Dry, Condensed and Evaporated Milk Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Dry, Condensed and Evaporated Milk Market Size and Volume Forecast by Type
5.3.1. Dry Milk Product
5.3.2. Condensed Milk Product
5.3.3. Evaporated Milk Product
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Dry, Condensed and Evaporated Milk Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Dry, Condensed and Evaporated Milk Market Size and Volume Forecast by Application
6.3.1. Food
6.3.2. Beverages
6.3.3. Intermediate Products
6.3.4. Condiments
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Dry, Condensed and Evaporated Milk Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Dry, Condensed and Evaporated Milk Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Dry, Condensed and Evaporated Milk Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Dry, Condensed and Evaporated Milk Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Dry, Condensed and Evaporated Milk Demand Share Forecast, 2019-2026
9. North America Dry, Condensed and Evaporated Milk Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Dry, Condensed and Evaporated Milk Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Dry, Condensed and Evaporated Milk Market Size and Volume Forecast by Application
9.4.1. Food
9.4.2. Beverages
9.4.3. Intermediate Products
9.4.4. Condiments
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Dry, Condensed and Evaporated Milk Market Size and Volume Forecast by Type
9.7.1. Dry Milk Product
9.7.2. Condensed Milk Product
9.7.3. Evaporated Milk Product
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Dry, Condensed and Evaporated Milk Demand Share Forecast, 2019-2026
10. Latin America Dry, Condensed and Evaporated Milk Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Dry, Condensed and Evaporated Milk Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Dry, Condensed and Evaporated Milk Market Size and Volume Forecast by Application
10.4.1. Food
10.4.2. Beverages
10.4.3. Intermediate Products
10.4.4. Condiments
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Dry, Condensed and Evaporated Milk Market Size and Volume Forecast by Type
10.7.1. Dry Milk Product
10.7.2. Condensed Milk Product
10.7.3. Evaporated Milk Product
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Dry, Condensed and Evaporated Milk Demand Share Forecast, 2019-2026
11. Europe Dry, Condensed and Evaporated Milk Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Dry, Condensed and Evaporated Milk Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Dry, Condensed and Evaporated Milk Market Size and Volume Forecast by Application
11.4.1. Food
11.4.2. Beverages
11.4.3. Intermediate Products
11.4.4. Condiments
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Dry, Condensed and Evaporated Milk Market Size and Volume Forecast by Type
11.7.1. Dry Milk Product
11.7.2. Condensed Milk Product
11.7.3. Evaporated Milk Product
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Dry, Condensed and Evaporated Milk Demand Share, 2019-2026
12. Asia Pacific Dry, Condensed and Evaporated Milk Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Dry, Condensed and Evaporated Milk Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Dry, Condensed and Evaporated Milk Market Size and Volume Forecast by Application
12.4.1. Food
12.4.2. Beverages
12.4.3. Intermediate Products
12.4.4. Condiments
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Dry, Condensed and Evaporated Milk Market Size and Volume Forecast by Type
12.7.1. Dry Milk Product
12.7.2. Condensed Milk Product
12.7.3. Evaporated Milk Product
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Dry, Condensed and Evaporated Milk Demand Share, 2019-2026
13. Middle East & Africa Dry, Condensed and Evaporated Milk Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Dry, Condensed and Evaporated Milk Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Dry, Condensed and Evaporated Milk Market Size and Volume Forecast by Application
13.4.1. Food
13.4.2. Beverages
13.4.3. Intermediate Products
13.4.4. Condiments
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Dry, Condensed and Evaporated Milk Market Size and Volume Forecast by Type
13.7.1. Dry Milk Product
13.7.2. Condensed Milk Product
13.7.3. Evaporated Milk Product
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Dry, Condensed and Evaporated Milk Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Dry, Condensed and Evaporated Milk Market: Market Share Analysis
14.2. Dry, Condensed and Evaporated Milk Distributors and Customers
14.3. Dry, Condensed and Evaporated Milk Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Nestlé
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. The J.M. Smucker Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GCMMF PVT
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Magnolia
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Goya Foods
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DANA Dairy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dairy Plants USA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Interfood
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Alaska Milk
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Amul
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Arla
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Fraser and Neave
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Friesland Campina
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Marigold
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. DMK GROUP
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Eagle Family Foods
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Holland Dairy Foods
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. GLORIA
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Alokozay Group
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
