Global Evaporated Milk Market Size, Share & Industry Trends Analysis Report By Type (Whole and Skimmed), By Distribution Channel (Offline and Online), By Regional Outlook and Forecast, 2022 - 2028

Global Evaporated Milk Market Size, Share & Industry Trends Analysis Report By Type (Whole and Skimmed), By Distribution Channel (Offline and Online), By Regional Outlook and Forecast, 2022 - 2028

The Global Evaporated Milk Market size is expected to reach $6.2 billion by 2028, rising at a market growth of 3.3% CAGR during the forecast period.

Evaporated milk is fresh milk that has been compressed, till its 60% of water content is removed. Consumers also enjoy unsweetened condensed milk, which is made from evaporated milk. Due to its widespread use in numerous end-use food goods and beverages, including coffee, shakes, and others, evaporated milk demand is rising in the milk market.

Evaporated milk, often known as dehydrated milk, is healthier than ordinary milk in many ways. All other nutritious benefits are kept even though this product's preparation removes about 60% of the water content of milk. The substance is then sterilized, homogenized, and added vitamins like vitamin D to make it stronger. In addition to calcium, iron, and vitamins C and A, evaporated milk is more nutrient-denser than fresh, powdered, or condensed milk.

Demand for milk in nations where the product supply is inadequate and of poor quality is also credited with driving market expansion. If refrigeration is not available in the area, evaporated milk is a useful substitute for ordinary milk because users do not have to worry about deterioration or disease, which is commonly caused by consuming dairy products that have expired. The evaporated varieties are preferred by both consumers and food service operators because they are more affordable than dairy whiteners.

Evaporated milk is also useful for hiking, camping, and traveling. In general, this product has a significantly longer shelf life and doesn't require refrigeration. Additionally, because it is light, clean, and doesn't need any specific packaging for containers, it is simpler to transport. However, since evaporated milk is a by-product of ordinary milk, any changes in the cost of the upstream good will have an impact on the price of evaporated milk production. This may significantly impede market expansion.

COVID-19 Impact Analysis

Nearly every business has been impacted by the unmatched public health emergency known as COVID-19, and the long-term impacts are expected to influence industry growth throughout the forecast period. To assure the incorporation of underlying COVID-19 concerns and potential future directions, the continuous study expands the on research approach. The paper provides information on COVID-19 considering changes in consumer demand and behavior, buying habits, supply chain rerouting, dynamics of contemporary market forces, and significant government initiatives. The supply chain for raw materials, the transit of finished goods, and interrupted processes all experienced significant disruptions that affected the milk business.

Market Growth Factors

Growing Consumption Of Evaporated Milk In Food And Drinks

The demand for evaporated milk in domestic applications is rising in the market for evaporated milk. In the food and beverage sector, there is a rising demand for evaporated milk. Additionally, the bakery and confectionery industries have seen a notable rise in demand for evaporated milk. Evaporated milk is primarily used in the food and beverage industries to process food and create milk-based beverages. It is additionally utilized in baby food. The demand for evaporated milk in bakery goods and milk-based confections is rising in the bakery and confectionery sector.

Demand For Low Cholesterol Diet Foods Is Growing

Food manufacturers internationally are working to provide food products that meet consumers' expectations for both taste and health advantages as they seek healthier foods. When making curry and rendang, evaporated full milk works perfectly in place of coconut milk. Without sacrificing flavor, evaporated full milk is a better substitute that is cholesterol-free. Because milk is regularly consumed, the market would undoubtedly expand once such milk with so many health advantages is introduced.

Market Restraining Factors

Harmful Effects On Diabetes And Heart Patients

Sweetened condensed milk is high in calories, but it's also high in saturated fat, which is dangerous for people with diabetes and heart problems. The levels of LDL cholesterol and insulin may rise as a result of a diet high in saturated fats, according to studies. Cardiovascular problems are more likely to occur when LDL cholesterol levels are high. As a result, the body may be unable to break down the sugar that causes type 2 diabetes. Additionally, it may result in a rise in insulin resistance. Type 2 diabetes has been much more common during the past 3 decades in nations of all levels of income.

Type Outlook

Based on type, the evaporated milk market is bifurcated into Skimmed and Whole. The whole segment acquired the highest revenue share in the evaporated milk market in 2021. It is because the candy business uses this variation frequently. Because it has a creamy texture and flavor without the sweetness of condensed milk, it is frequently used in quiches, soups, béchamel sauce, gravies, and other goods.

Distribution Channels Outlook

On the basis of distribution channels, the evaporated milk market is categorized into Online and Offline. The online segment registered a substantial revenue share in the evaporated milk market in 2021. It is because evaporated milk sales online are being fueled by elements like a rise in consumer awareness of businesses' online presence, the international adoption of the internet, the accessibility of a variety of discounts and offers, and access to product details, specs, and usage guides.

Regional Outlook

Region-wise, the evaporated milk market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Europe region garnered the highest revenue share in the evaporated milk market in 2021. It is due to a rise in the popularity of low-fat and sugar dairy products. This is a result of the British Retail Consortium's mandated limitations on unhealthy food. The U.K. accounted for about 12.0 percent of the market in 2018, making it the largest and quickest market in the area.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Royal FrieslandCampina N.V., Nestle S.A., Arla Foods Amba, Fraser and Neave, Limited, Premier Foods PLC, DANA Dairy Group Ltd., Delta Food Industries FZC, Eagle Family Foods Group LLC, Yotsuba Milk Products Co., Ltd., and Alokozay Group of Companies.

Scope of the Study

Market Segments covered in the Report:

By Type

  • Whole
  • Skimmed
By Distribution Channel
  • Offline
  • Online
By Geography
  • North America
US

Canada

Mexico

Rest of North America
  • Europe
Germany

UK

France

Russia

Spain

Italy

Rest of Europe
  • Asia Pacific
China

Japan

India

South Korea

Singapore

Malaysia

Rest of Asia Pacific
  • LAMEA
Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA

Companies Profiled
  • Royal FrieslandCampina N.V.
  • Nestle S.A.
  • Arla Foods Amba
  • Fraser and Neave, Limited
  • Premier Foods PLC
  • DANA Dairy Group Ltd.
  • Delta Food Industries FZC
  • Eagle Family Foods Group LLC
  • Yotsuba Milk Products Co., Ltd.
  • Alokozay Group of Companies
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Evaporated Milk Market, by Type
1.4.2 Global Evaporated Milk Market, by Distribution Channel
1.4.3 Global Evaporated Milk Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Evaporated Milk Market by Type
3.1 Global Whole Market by Region
3.2 Global Skimmed Market by Region
Chapter 4. Global Evaporated Milk Market by Distribution Channel
4.1 Global Offline Market by Region
4.2 Global Online Market by Region
Chapter 5. Global Evaporated Milk Market by Region
5.1 North America Evaporated Milk Market
5.1.1 North America Evaporated Milk Market by Type
5.1.1.1 North America Whole Market by Country
5.1.1.2 North America Skimmed Market by Country
5.1.2 North America Evaporated Milk Market by Distribution Channel
5.1.2.1 North America Offline Market by Country
5.1.2.2 North America Online Market by Country
5.1.3 North America Evaporated Milk Market by Country
5.1.3.1 US Evaporated Milk Market
5.1.3.1.1 US Evaporated Milk Market by Type
5.1.3.1.2 US Evaporated Milk Market by Distribution Channel
5.1.3.2 Canada Evaporated Milk Market
5.1.3.2.1 Canada Evaporated Milk Market by Type
5.1.3.2.2 Canada Evaporated Milk Market by Distribution Channel
5.1.3.3 Mexico Evaporated Milk Market
5.1.3.3.1 Mexico Evaporated Milk Market by Type
5.1.3.3.2 Mexico Evaporated Milk Market by Distribution Channel
5.1.3.4 Rest of North America Evaporated Milk Market
5.1.3.4.1 Rest of North America Evaporated Milk Market by Type
5.1.3.4.2 Rest of North America Evaporated Milk Market by Distribution Channel
5.2 Europe Evaporated Milk Market
5.2.1 Europe Evaporated Milk Market by Type
5.2.1.1 Europe Whole Market by Country
5.2.1.2 Europe Skimmed Market by Country
5.2.2 Europe Evaporated Milk Market by Distribution Channel
5.2.2.1 Europe Offline Market by Country
5.2.2.2 Europe Online Market by Country
5.2.3 Europe Evaporated Milk Market by Country
5.2.3.1 Germany Evaporated Milk Market
5.2.3.1.1 Germany Evaporated Milk Market by Type
5.2.3.1.2 Germany Evaporated Milk Market by Distribution Channel
5.2.3.2 UK Evaporated Milk Market
5.2.3.2.1 UK Evaporated Milk Market by Type
5.2.3.2.2 UK Evaporated Milk Market by Distribution Channel
5.2.3.3 France Evaporated Milk Market
5.2.3.3.1 France Evaporated Milk Market by Type
5.2.3.3.2 France Evaporated Milk Market by Distribution Channel
5.2.3.4 Russia Evaporated Milk Market
5.2.3.4.1 Russia Evaporated Milk Market by Type
5.2.3.4.2 Russia Evaporated Milk Market by Distribution Channel
5.2.3.5 Spain Evaporated Milk Market
5.2.3.5.1 Spain Evaporated Milk Market by Type
5.2.3.5.2 Spain Evaporated Milk Market by Distribution Channel
5.2.3.6 Italy Evaporated Milk Market
5.2.3.6.1 Italy Evaporated Milk Market by Type
5.2.3.6.2 Italy Evaporated Milk Market by Distribution Channel
5.2.3.7 Rest of Europe Evaporated Milk Market
5.2.3.7.1 Rest of Europe Evaporated Milk Market by Type
5.2.3.7.2 Rest of Europe Evaporated Milk Market by Distribution Channel
5.3 Asia Pacific Evaporated Milk Market
5.3.1 Asia Pacific Evaporated Milk Market by Type
5.3.1.1 Asia Pacific Whole Market by Country
5.3.1.2 Asia Pacific Skimmed Market by Country
5.3.2 Asia Pacific Evaporated Milk Market by Distribution Channel
5.3.2.1 Asia Pacific Offline Market by Country
5.3.2.2 Asia Pacific Online Market by Country
5.3.3 Asia Pacific Evaporated Milk Market by Country
5.3.3.1 China Evaporated Milk Market
5.3.3.1.1 China Evaporated Milk Market by Type
5.3.3.1.2 China Evaporated Milk Market by Distribution Channel
5.3.3.2 Japan Evaporated Milk Market
5.3.3.2.1 Japan Evaporated Milk Market by Type
5.3.3.2.2 Japan Evaporated Milk Market by Distribution Channel
5.3.3.3 India Evaporated Milk Market
5.3.3.3.1 India Evaporated Milk Market by Type
5.3.3.3.2 India Evaporated Milk Market by Distribution Channel
5.3.3.4 South Korea Evaporated Milk Market
5.3.3.4.1 South Korea Evaporated Milk Market by Type
5.3.3.4.2 South Korea Evaporated Milk Market by Distribution Channel
5.3.3.5 Singapore Evaporated Milk Market
5.3.3.5.1 Singapore Evaporated Milk Market by Type
5.3.3.5.2 Singapore Evaporated Milk Market by Distribution Channel
5.3.3.6 Malaysia Evaporated Milk Market
5.3.3.6.1 Malaysia Evaporated Milk Market by Type
5.3.3.6.2 Malaysia Evaporated Milk Market by Distribution Channel
5.3.3.7 Rest of Asia Pacific Evaporated Milk Market
5.3.3.7.1 Rest of Asia Pacific Evaporated Milk Market by Type
5.3.3.7.2 Rest of Asia Pacific Evaporated Milk Market by Distribution Channel
5.4 LAMEA Evaporated Milk Market
5.4.1 LAMEA Evaporated Milk Market by Type
5.4.1.1 LAMEA Whole Market by Country
5.4.1.2 LAMEA Skimmed Market by Country
5.4.2 LAMEA Evaporated Milk Market by Distribution Channel
5.4.2.1 LAMEA Offline Market by Country
5.4.2.2 LAMEA Online Market by Country
5.4.3 LAMEA Evaporated Milk Market by Country
5.4.3.1 Brazil Evaporated Milk Market
5.4.3.1.1 Brazil Evaporated Milk Market by Type
5.4.3.1.2 Brazil Evaporated Milk Market by Distribution Channel
5.4.3.2 Argentina Evaporated Milk Market
5.4.3.2.1 Argentina Evaporated Milk Market by Type
5.4.3.2.2 Argentina Evaporated Milk Market by Distribution Channel
5.4.3.3 UAE Evaporated Milk Market
5.4.3.3.1 UAE Evaporated Milk Market by Type
5.4.3.3.2 UAE Evaporated Milk Market by Distribution Channel
5.4.3.4 Saudi Arabia Evaporated Milk Market
5.4.3.4.1 Saudi Arabia Evaporated Milk Market by Type
5.4.3.4.2 Saudi Arabia Evaporated Milk Market by Distribution Channel
5.4.3.5 South Africa Evaporated Milk Market
5.4.3.5.1 South Africa Evaporated Milk Market by Type
5.4.3.5.2 South Africa Evaporated Milk Market by Distribution Channel
5.4.3.6 Nigeria Evaporated Milk Market
5.4.3.6.1 Nigeria Evaporated Milk Market by Type
5.4.3.6.2 Nigeria Evaporated Milk Market by Distribution Channel
5.4.3.7 Rest of LAMEA Evaporated Milk Market
5.4.3.7.1 Rest of LAMEA Evaporated Milk Market by Type
5.4.3.7.2 Rest of LAMEA Evaporated Milk Market by Distribution Channel
Chapter 6. Company Profiles
6.1 Royal FrieslandCampina N.V.
6.1.1 Company Overview
6.1.1 Financial Analysis
6.1.2 Segmental and Regional Analysis
6.1.3 Research & Development Expense
6.1.4 Recent strategies and developments:
6.1.4.1 Product Launches and Product Expansions:
6.1.4.2 Acquisition and Mergers:
6.1.4.3 Geographical Expansions:
6.2 Nestle S.A.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.2.5 Recent strategies and developments:
6.2.5.1 Geographical Expansions:
6.3 Arla Foods Amba
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.4 Fraser and Neave, Limited (TCC Assets (Thailand) Co., Ltd.)
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.5 Premier Foods PLC (Premier Foods Group Services Ltd.)
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expense
6.6 DANA Dairy Group Ltd.
6.6.1 Company Overview
6.7 Delta Food Industries FZC
6.7.1 Company Overview
6.8 Eagle Family Foods Group LLC (Kelso & Company)
6.8.1 Company Overview
6.9 Yotsuba Milk Products Co., Ltd.
6.9.1 Company Overview
6.10. Alokozay Group of Companies
6.10.1 Company Overview

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