Global Evaporated Milk Market Growth 2023-2029

Global Evaporated Milk Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Evaporated Milk Industry Forecast” looks at past sales and reviews total world Evaporated Milk sales in 2022, providing a comprehensive analysis by region and market sector of projected Evaporated Milk sales for 2023 through 2029. With Evaporated Milk sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Evaporated Milk industry.
This Insight Report provides a comprehensive analysis of the global Evaporated Milk landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Evaporated Milk portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Evaporated Milk market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Evaporated Milk and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Evaporated Milk.
The global Evaporated Milk market size is projected to grow from US$ 5628.1 million in 2022 to US$ 7908.4 million in 2029; it is expected to grow at a CAGR of 7908.4 from 2023 to 2029.
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 presents a comprehensive overview, market shares, and growth opportunities of Evaporated Milk market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Skimmed Evaporated Milk
Whole Evaporated Milk
Segmentation by application
Infant Food
Dairy Products
Bakeries
Confectionery
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Evaporated Milk market?
What factors are driving Evaporated Milk market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Evaporated Milk market opportunities vary by end market size?
How does Evaporated Milk break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.