Evaporated Milk Market is Witnessing a CAGR of 4.8% to Reach US$ 8019.1 Million During the Forecast Period of 2024-2030 | The Market Reports

Evaporated Milk Market is Witnessing a CAGR of 4.8% to Reach US$ 8019.1 Million During the Forecast Period of 2024-2030 | The Market Reports

“Evaporated Milk Market: $8019.1M, 4.8% CAGR to 2030”
The Evaporated Milk Market is on track to hit $8019.1 million by 2030, driven by its versatility in culinary applications and growing consumer demand for dairy alternatives. With a robust 4.8% CAGR, the market is poised for sustained growth.

Evaporated milk, known in some countries as unsweetened condensed milk, is a shelf-stable canned milk product with about 60% of the water removed from fresh milk.Evaporated milk can be made from whole milk or skim milk. In either case, the milk is homogenized and then the water is removed by gently heating it. The evaporated milk product is sealed in cans which are then heated to kill any bacteria in the milk. Thus evaporated milk is actually sterile, which, combined with the fact that it is stored in airtight cans, gives it an extremely long shelf life.

The global Evaporated Milk Market was valued at US$ 5753.2 million in 2023 and is anticipated to reach US$ 8019.1 million by 2030, witnessing a CAGR of 4.8% during the forecast period 2024-2030.

The industry’s main producers are Nestle, Arla, GLORIA, Fraser and Neave, Friesland Campina, etc. which accounted for 17.26%, 10.68%, 8.94%, 4.43% and 3.57% of revenues in 2019.

Europe has the highest share of income by region, at about 52.72%.

This report aims to provide a comprehensive presentation of the global market for Evaporated Milk, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Evaporated Milk.

Report Scope

The Evaporated Milk market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Evaporated Milk market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Evaporated Milk manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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Market Segmentation

By Company

  • Nestle
  • Arla
  • Fraser and Neave
  • Friesland Campina
  • Marigold
  • DMK GROUP
  • Eagle Family Foods
  • O-AT-KA Milk Products
  • Holland Dairy Foods
  • GLORIA
  • Alokozay Group
  • DANA Dairy
  • Delta Food Industries FZC
  • Yotsuba Milk Products
  • Nutricima
  • Senel Bv
  • Zhejiang Panda Dairy
  • Envictus
  • Alaska Milk

 

Segment by Type

  • Skimmed Evaporated Milk
  • Whole Evaporated Milk

 

Segment by Application

  • Infant Food
  • Dairy Products
  • Bakeries
  • Confectionery
  • Others

 

Consumption by Region

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

 

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Evaporated Milk manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Sales, revenue of Evaporated Milk in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 9: The main points and conclusions of the report.

Read More Related Research Reports:

Dry, Condensed and Evaporated Milk Market: https://www.themarketreports.com/report/global-dry-condensed-and-evaporated-milk-market-research-report

Dairy Free Evaporated Milk Market: https://www.themarketreports.com/report/global-dairy-free-evaporated-milk-market-research-report

Camel Milk Beverage Market: https://www.themarketreports.com/report/global-camel-milk-beverage-market-research-report

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