According to IMARC Group’s latest report, titled “Fluid Milk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the fluid milk market share.
The global fluid milk market size reached US$ 176.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 202 Billion by 2027, exhibiting a growth rate (CAGR) of 2.32% during 2022-2027. Fluid milk refers to any form of milk or milk products that are available in the liquid form. It is characterized by a pleasantly sweet flavor without any distinctive aftertaste. It is a rich source of calcium, proteins, fats, carbohydrates, minerals, riboflavin and biological enzymes. It is often fortified with vitamin A and D to improve the nutritional content of the milk. As a result, its regular consumption is widely associated with improving bone strength, boosting immunity and maintaining blood pressure levels. It is also essential in improving skin health, preventing respiratory problems and minimizing the chances of developing cancer.
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Fluid Milk Market Trends:
The market is primarily driven by the growing utilization of fluid milk in numerous food preparations across the globe. It forms an integral part of the staple diets in various developing regions, including China and India, and in numerous bakery and confectionary preparations. Additionally, milk is considered to be a complete food in itself and offers multiple health benefits on regular consumption. This, coupled with increasing health consciousness among the masses and inflating per capita income levels, is facilitating the uptake of fluid milk on the global level. The market is further driven by the introduction of a vast array of product variants, such as skim milk, ultrafiltered skim milk, and condensed whole milk, which are widely gaining preference among the masses. The launch of specialized plant-based and lactose-free milk products is also acting as a major growth-inducing factor. This is further facilitated by the increasing demand for these milk variants from consumers suffering from lactose intolerance. Other factors, such as technological advancements enabling improvements in homogenization, pasteurization, standardization, aseptic processing and packaging operations and the growing automation in the dairy sector, are also contributing to the market growth.
Fluid Milk Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the fluid milk market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Lactalis International
- Nestlé S.A.
- Fonterra Co-operative Group Limited
- Royal FrieslandCampina N.V.
- Danone S.A.
- Dairy Farmers of America Inc.
- Arla Foods amba
- Dean Foods Company
- DMK Deutsches Milchkontor GmbH
- Saputo Inc.
- Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF)
- Yili Group
Key Market Segmentation:
The report has segmented the global fluid milk market on the basis of type, packaging material, distribution channel and region.
Breakup by Type:
- Whole
- Reduced Fat
- Low Fat
- Fat Free
- Organic
- Others
Breakup by Packaging Material:
- Paper
- Plastic
- Glass
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Food Stores
- Online Retail
- Others
Breakup by Region:
- Asia
- European Union
- North America
- Eastern Europe
- Latin America
- Oceania
- Others
Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/fluid-milk-market
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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Article source: https://article-realm.com/article/Finance/39671-Fluid-Milk-Market-Size-Share-Industry-Overview-Trends-Latest-Insights-and-Forecast-to-2027.html
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