Industry Background:
Liquid milk is the most widely consumed dairy product and one of the vital sources to get essential nutrition. The Liquid Milk is expected to grow significantly in the forecasted period owing to the rapid increase in population and health consciousness among the consumers. The rise in demand for dairy products and changing consumption has upsurge market growth. According to the Food and Agriculture organization, the global milk output in 2018 is estimated at 843 million tonnes, an increase of 2.2 percent from 2017, driven by production expansions in India, Turkey, the European Union, Pakistan, the United States of America and Argentina, but partially offset by declines in China and Ukraine, among few others.
According to AMA Research, the market for Liquid Milk is expected to register a CAGR of 2.5% during the forecast period to 2030. This growth is primarily driven by Growing Demand For Liquid Milk in Emerging Countries
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | K Unit |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Consumer Packaged Goods sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Nestle (Switzerland), Dairy Farmers of America (United States), Danone (France), Amul (India), Friesland Campina (Netherlands), Fonterra (New Zealand), Arla Foods (Denmark), Parmalet (Italy), Lactalis (France), Yili (China), Mengniu (China), Bright Dairy & Food (China) and Sanyuan (China), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In February 2021, Freshways and Medina Dairy discussed a potential merger to create a viable, long-term, fresh liquid milk business.
In June 2022, Provilac launched lactose-free cow milk in India, aiming to capture an increased market share with specialized milk products.The Competitiveness in the liquid marker would relate to the cost of production, the productivity of animals etc. The demand for quality dairy products is rising and production is also increasing in emerging countries. The countries which are expected to benefit most from an increase in world demand for dairy products are those which have the low cost of production. Therefore, in order to increase the competitiveness of industries, the efforts have been made to reduce the cost of production. Increasing productivity of cows with better health care and breeding facilities can reduce the cost of milk production.
Regulatory Insights:
The Shatringent Rules and Regulations by USDA has been provided such as Federal Milk Order, Country origin labelling and others. “Federal Milk Marketing Orders are Federal rules requested by industry to stabilize conditions for fluid milk. They make the buying and selling of fluid milk an orderly, dependable process for dairy farmers, milk dealers and consumers.”
Influencing Trend:
Increasing Adoption among Health Conscious People
Market Growth Drivers:
Growing Demand For Liquid Milk in Emerging Countries, Changing Dairy Product Consumption Pattern and Increasing Use of Liquid Milk Owing to Health Benefits Associated With its Use
Challenges:
Quality of Liquid Milk Needs To Be Maintained
Restraints:
Growing Market for Counterfeit
Opportunities:
Adoption to Shifting Consumer Preferences
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Liquid Milk Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Liquid Milk Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Liquid Milk players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Liquid Milk Study Sheds Light on
The Liquid Milk Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Liquid Milk industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Liquid Milk industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.