Reports
Global Fluid Milk Market: By Type: Whole, Reduced Fat, Low Fat, Fat Free, Organic, Others; By Packaging Material: Paper, Plastic, Glass; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Manufacturing Process; Project Economics; Competitive Landscape; Industry Events and Developments
Global Fluid Milk Market Outlook
The global fluid milk market size reached a volume of about 228 million tons in 2020. The market is further expected to grow at a CAGR of nearly 1.6% in the forecast period of 2023-2028 to reach a volume of approximately 251 million tons by 2026.
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The Asia Pacific is the leading market for fluid milk, followed by Europe and North America. There are currently many factors driving the North America fluid milk market like consumers' increased awareness of the importance of nutrition, and balanced milk products have expanded the consumer base. Food and beverage products have been produced to meet different nutritional requirements of a large consumer base in the area through rapid innovation in the dairy industry. These beverages contain lactose-reduced, lactose-free milk, and acidophilus milk that is appropriate for lactose intolerant or maldigested customers. In addition, the easy availability of fluid milk in hypermarkets, supermarkets, specialty shops, and grocery stores have led to the region's market expansion.
Properties and Applications
Fluid milk, especially in developing countries including India and China, represents an important food commodity. Highly nutritious riboflavin and water-soluble vitamins are present in the product. It is also abundant in carbohydrates, fats, proteins, minerals, and minerals. Such nutrients in liquid milk help boost bone strength, to smoothen the skin, to strengthen the immune system, and also, to avoid hypertension, ageing, dehydration, breathing issues, obesity, osteoporosis, and some cancers.
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Based on type, the fluid milk market can be categorised as follows:
- Whole
- Reduced Fat
- Low Fat
- Fat Free
- Organic
- Others
On the basis of packaging material, the industry can be segmented as follows:
- Paper
- Plastic
- Glass
- Others
Based on distribution channel, the market can be divided into the following:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Food Stores
- Online Retail
- Others
The regional markets for fluid milk include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Market Analysis
A variety of value-added goods are provided by fluid milk, for instance, ice-pumpkin milk, condensed milk, formula for children, meat, chocolate, cheese, yoghurt, sauces, candy, as well as candies. Enhanced exposure to the range of milk products has improved the global demand for milk. In addition, milk varieties with fortified vitamins A and D are developed by market leading player to reduce both infants' and adults' incidence of rickets. A2, lactose-reduced, lactose-free, and acidophilus variants are also being introduced in order to meet consumers' specific nutritional needs. They are using advanced methods for extending milk's shelf life and allowing it to be kept in the room temperature, including ultra-pasteurisation and aseptic treatment. These factors are propelling the growth of the global fluid milk market further.
Competitive Landscape
The report gives a detailed analysis of the following key players in the global fluid milk market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Lactalis Group
- Nestlé S.A.
- Fonterra Co-operative Group
- Saputo Inc.
- Arla Foods amba
- Dairy Farmers of America
- Others
EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Packaging Material, Distribution Channel, 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 | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Lactalis Group, Nestlé S.A., Fonterra Co-operative Group, Saputo Inc., Arla Foods amba, Dairy Farmers of America, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Fluid Milk Market Analysis
8.1 Key Industry Highlights
8.2 Global Fluid Milk Historical Market (2018-2022)
8.3 Global Fluid Milk Market Forecast (2023-2028)
8.4 Global Fluid Milk Market by Type
8.4.1 Whole
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Reduced Fat
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Low Fat
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Fat Free
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Organic
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
8.4.6 Others
8.5 Global Fluid Milk Market by Packaging Material
8.5.1 Paper
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Plastic
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Glass
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Fluid Milk Market by Distribution Channel
8.6.1 Supermarkets and Hypermarkets
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Convenience Stores
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Specialty Food Stores
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Online Retail
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Others
8.7 Global Fluid Milk Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
13 Trade Data Analysis
13.1 Major Importing Countries
13.1.1 By Volume
13.1.2 By Value
13.2 Major Exporting Countries
13.2.1 By Volume
13.2.2 By Value
14 Manufacturing Process
14.1 Overview
14.2 Detailed Process Flow
14.3 Operations Involved
15 Project Details, Requirements and Costs Involved
15.1 Land, Location, and Site Development
15.2 Construction
15.3 Plant Machinery
15.4 Cost of Raw Material
15.5 Packaging
15.6 Transportation
15.7 Utilities
15.8 Manpower
15.9 Other Capital Investment
16 Loans and Financial Assistance
17 Project Economics
17.1 Capital Cost of the Project
17.2 Techno-Economic Parameters
17.3 Product Pricing and Margins Across Various Levels of the Supply Chain
17.4 Taxation and Depreciation
17.5 Income Projections
17.6 Expenditure Projections
17.7 Financial Analysis
17.8 Profit Analysis
18 Competitive Landscape
18.1 Market Structure
18.2 Key Players
18.3 Company Profiles
18.3.1 Lactalis Group
18.3.1.1 Company Overview
18.3.1.2 Product Portfolio
18.3.1.3 Demographic Reach and Achievements
18.3.1.4 Certifications
18.3.2 Nestlé S.A.
18.3.2.1 Company Overview
18.3.2.2 Product Portfolio
18.3.2.3 Demographic Reach and Achievements
18.3.2.4 Certifications
18.3.3 Fonterra Co-operative Group
18.3.3.1 Company Overview
18.3.3.2 Product Portfolio
18.3.3.3 Demographic Reach and Achievements
18.3.3.4 Certifications
18.3.4 Saputo Inc.
18.3.4.1 Company Overview
18.3.4.2 Product Portfolio
18.3.4.3 Demographic Reach and Achievements
18.3.4.4 Certifications
18.3.5 Arla Foods amba
18.3.5.1 Company Overview
18.3.5.2 Product Portfolio
18.3.5.3 Demographic Reach and Achievements
18.3.5.4 Certifications
18.3.6 Dairy Farmers of America
18.3.6.1 Company Overview
18.3.6.2 Product Portfolio
18.3.6.3 Demographic Reach and Achievements
18.3.6.4 Certifications
18.3.7 Others
19 Industry Events and Developments
List of Key Figures and Tables
1. Global Fluid Milk Market: Key Industry Highlights, 2018 and 2028
2. Global Fluid Milk Historical Market: Breakup by Type (Million Tons), 2018-2022
3. Global Fluid Milk Market Forecast: Breakup by Type (Million Tons), 2023-2028
4. Global Fluid Milk Historical Market: Breakup by Packaging Material (Million Tons), 2018-2022
5. Global Fluid Milk Market Forecast: Breakup by Packaging Material (Million Tons), 2023-2028
6. Global Fluid Milk Historical Market: Breakup by Distribution Channel (Million Tons), 2018-2022
7. Global Fluid Milk Market Forecast: Breakup by Distribution Channel (Million Tons), 2023-2028
8. Global Fluid Milk Historical Market: Breakup by Region (Million Tons), 2018-2022
9. Global Fluid Milk Market Forecast: Breakup by Region (Million Tons), 2023-2028
10. North America Fluid Milk Historical Market: Breakup by Country (Million Tons), 2018-2022
11. North America Fluid Milk Market Forecast: Breakup by Country (Million Tons), 2023-2028
12. Europe Fluid Milk Historical Market: Breakup by Country (Million Tons), 2018-2022
13. Europe Fluid Milk Market Forecast: Breakup by Country (Million Tons), 2023-2028
14. Asia Pacific Fluid Milk Historical Market: Breakup by Country (Million Tons), 2018-2022
15. Asia Pacific Fluid Milk Market Forecast: Breakup by Country (Million Tons), 2023-2028
16. Latin America Fluid Milk Historical Market: Breakup by Country (Million Tons), 2018-2022
17. Latin America Fluid Milk Market Forecast: Breakup by Country (Million Tons), 2023-2028
18. Middle East and Africa Fluid Milk Historical Market: Breakup by Country (Million Tons), 2018-2022
19. Middle East and Africa Fluid Milk Market Forecast: Breakup by Country (Million Tons), 2023-2028
20. North America Historical Price Trends and Forecast 2018-2028
21. Europe Historical Price Trends and Forecast 2018-2028
22. Asia Pacific Historical Price Trends and Forecast 2018-2028
23. Latin America Historical Price Trends and Forecast 2018-2028
24. Middle East and Africa Historical Price Trends and Forecast 2018-2028
25. Major Importing Countries by Volume
26. Major Exporting Countries by Volume
27. Major Importing Countries by Value
28. Major Exporting Countries by Value
29. Global Fluid Milk Market Structure
Key Questions Answered in the Report
In 2020, the global fluid milk market attained a volume of nearly 228 million tons.
The market is projected to grow at a CAGR of 1.6% between 2021 and 2026.
The market is estimated to grow in the forecast period of 2023-2028 to reach about 251 million tons by 2026.
The major drivers of the industry, such as rising disposable incomes, growing innovation in the dairy industry, increasing awareness regarding the intake of balanced milk products, rising demand from the developing regions, and growing retail industry, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the introduction of enhanced variants of lactose-free milk and acidophilus milk for lactose intolerant or maldigested customers, and growing R&D activities by the manufacturers.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest market share.
Whole, reduced fat, low fat, fat free, and organic, among others, are the major types of the product in the industry.
Paper, plastic, and glass, among others, are the significant packaging materials used for the product.
The major distribution channels in the industry include supermarkets and hypermarkets, convenience stores, specialty food stores, and online retail, among others.
The major players in the industry are Lactalis Group, Nestlé S.A., Fonterra Co-operative Group, Saputo Inc., Arla Foods amba, and Dairy Farmers of America, among others.
Analyst Review
The global fluid milk market attained a volume of 228 million tons in 2020, driven by the growing health consciousness and growth of the retail sector. Aided by the launch of lactose-free and acidophilus milk variants, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 1.6%. The fluid milk market is projected to reach 251 million tons by 2026.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the fluid milk industry can be segmented into whole, reduced fat, low fat, fat free, and organic, among others. On the basis of packaging material, the industry is divided into paper, plastic, and glass, among others. On the basis of distribution channels, the industry is categorised into supermarkets and hypermarkets, convenience stores, specialty food stores, online retail, and others. The major regional markets for fluid milk are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the market. The key players in the above market include Lactalis Group, Nestlé S.A., Fonterra Co-operative Group, Saputo Inc., Arla Foods amba, and Dairy Farmers of America, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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