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The fresh milk market is aided by the growing milk production globally. The global output in 2020 stood at over 837 million tonnes, rising by 2.1% from 2018. Production is expected to grow further in the forecast period of 2021-2026, to reach approximately 948 million tonnes in 2026.
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In the coming decade, the milk production is expected to witness an average annual increase of 1.8%. Majority of the milk and dairy products are consumed as fresh dairy products accounting for almost 50% of the total global production.
In the forecast period, Asia will account for 70% of the increase in the global production due to expanding population and increasing disposable incomes. Milk production in emerging economies is expected to rise annually by 3%, with the majority consumed as fresh and dairy products. Pakistan and India account for most of the projected increase in the global milk production in the forecast period. These two countries are expected to contribute more than one-quarter of the total global production in 2027. Most of the surplus production in these two countries is expected to be consumed as fresh milk and dairy products. In India, over 65% of the total production is consumed as fresh milk.
Europe and North America will be the other major milk producing regions in the forecast period. The growth in milk production is expected to be slow in the forecast period at less than 1% annually. Even though the herd size has been declining, the milk yields have been growing in these regions. The yield in the European Union is projected to grow by 1.2% per annum in the next five years. While the market share of European Union countries in terms of production is similar to that of India, India is expected to surpass the European Union in the coming years in terms of its total output.
Fresh milk can either be fresh whole/full-fat, low-fat, skim, modified, ultra-filtration, lactose reduced or lactose-free food, flavoured, and fortified. It contains multiple essential nutrients required for daily human consumption.
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The market in this EMR report is bifurcated into:
The report analyses the fresh milk market in North America, Latin America, Middle East and Africa, Europe, and Asia Pacific regions.
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The fresh milk market is being driven by the continuous expansion in the exports of fluid milk, which saw a 4% increase in 2017 after witnessing a robust growth of 16% in 2016. With rising health awareness among the consumers globally, its demand has been witnessing a growth in recent years. Retailers are coming up with innovative packaging solutions aimed at increasing the shelf life, which will, in turn, boost the sales in the forecast period. With a rising number of dairies transitioning into organic milk production, the fresh milk market is projected to grow further. In the US, organic milk accounted for 18% of the total sales. Currently, flavoured milk is the leading segment in the fresh milk market.
The fresh milk market has received impetus for its growth in the European Union due to the specialisation and restructuring of its production industry since the scrapping of the milk quotas in 2016. In the Americas, the rising population and growing milk production are aiding the growth of the market. Milk production in Latin America and the Caribbean region is projected to grow by 18% by 2027, although its market share in the global market is expected to remain stable. China, a major importer of dairy products, will increase its domestic production of milk in the coming years by 1.5% per annum. However, its contribution to the global milk production is expected to remain the same, as most of its production will be consumed domestically as fresh milk and dairy products. In developing countries, where the milk production is expected to grow faster than in developed countries, 85% of this increased production will be used in the production of fresh milk and dairy products. Globally, the consumption of fresh dairy is thus expected to grow faster than processed dairy products, growing annually by 2.1% in the forecast period.
The report gives a detailed analysis of the following key players in the global fresh milk market, looking into their capacity, market share, and latest developments like mergers and acquisitions, capacity additions, and plant turnarounds:
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces.
|Scope of the Report||Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region|
|Breakup by Type||Whole/Full-Fat, Reduced-Fat (2%), Low-Fat (1%), Fat-Free|
|Breakup by Application||Household, Commercial|
|Breakup by Region||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Market Dynamics||SWOT, Porter's Five Forces, EMR’s 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||Nestle SA, Lactalis Group, China Mengniu Dairy Company Limited, Arla Food Amba, Cooperativa Central Dos Produtores Rurais De Minas Gerais Ltda. (Itambe), Gujarat Cooperative Milk Marketing Federation Ltd. (Amul), Inner Mongolia Yili Industrial Group Co., Ltd, DMK Deutsches Milchkontor GmbH, Dairy Farmers of America|
|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.|
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global Fresh Milk Market Analysis
8.1 Key Industry Highlights
8.2 Global Fresh Milk Historical Market (2016-2020)
8.3 Global Fresh Milk Market Forecast (2021-2026)
8.4 Global Fresh Milk Market by Type
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2016-2020)
188.8.131.52 Forecast Trend (2021-2026)
8.4.2 Reduced-Fat (2%)
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2016-2020)
18.104.22.168 Forecast Trend (2021-2026)
8.4.3 Low-Fat (1%)
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2016-2020)
188.8.131.52 Forecast Trend (2021-2026)
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2016-2020)
18.104.22.168 Forecast Trend (2021-2026)
8.5 Global Fresh Milk Market by Application
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2016-2020)
188.8.131.52 Forecast Trend (2021-2026)
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2016-2020)
18.104.22.168 Forecast Trend (2021-2026)
8.6 Global Fresh Milk Market by Region
8.6.1 Market Share
22.214.171.124 North America
126.96.36.199 Asia Pacific
188.8.131.52 Latin America
184.108.40.206 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
220.127.116.11 United States of America
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
18.104.22.168 United Kingdom
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
22.214.171.124 Saudi Arabia
126.96.36.199 United Arab Emirates
188.8.131.52 South Africa
10 Market Dynamics
10.1 SWOT Analysis
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 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Regional Fresh Milk Price Analysis
12.1 North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.2 Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.3 Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.4 Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.5 Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13 Trade Data Analysis
13.1 Global Trade (HS Code-0402) Analysis
13.2 Major Exporting Countries
13.2.1 By Value
13.2.2 By Volume
13.3 Major Importing Countries
13.3.1 By Value
13.3.2 By Volume
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Nestle S.A
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
14.2.2 China Mengniu Dairy Company Limited
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
14.2.3 Arla Foods Group
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
14.2.4 Cooperativa Central Dos Produtores Rurais De Minas Gerais Ltda.
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
14.2.5 Gujarat Cooperative Milk Marketing Federation Ltd. (Amul)
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
15 Industry Events and Developments
List of Figures and Tables
1. Global Fresh Milk Market: Key Industry Highlights, 2016 and 2026
2. Global Fresh Milk Historical Market: Breakup by Type (USD Million), 2016-2020
3. Global Fresh Milk Market Forecast: Breakup by Type (USD Million), 2021-2026
4. Global Fresh Milk Historical Market: Breakup by Application (USD Million), 2016-2020
5. Global Fresh Milk Market Forecast: Breakup by Application (USD Million), 2021-2026
6. Global Fresh Milk Historical Market: Breakup by Region (USD Million), 2016-2020
7. Global Fresh Milk Market Forecast: Breakup by Region (USD Million), 2021-2026
8. North America Fresh Milk Historical Market: Breakup by Country (USD Million), 2016-2020
9. North America Fresh Milk Market Forecast: Breakup by Country (USD Million), 2021-2026
10. Europe Fresh Milk Historical Market: Breakup by Country (USD Million), 2016-2020
11. Europe Fresh Milk Market Forecast: Breakup by Country (USD Million), 2021-2026
12. Asia Pacific Fresh Milk Historical Market: Breakup by Country (USD Million), 2016-2020
13. Asia Pacific Fresh Milk Market Forecast: Breakup by Country (USD Million), 2021-2026
14. Latin America Fresh Milk Historical Market: Breakup by Country (USD Million), 2016-2020
15. Latin America Fresh Milk Market Forecast: Breakup by Country (USD Million), 2021-2026
16. Middle East and Africa Fresh Milk Historical Market: Breakup by Country (USD Million), 2016-2020
17. Middle East and Africa Fresh Milk Market Forecast: Breakup by Country (USD Million), 2021-2026
18. North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
19. Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
20. Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
21. Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
22. Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
23. Major Exporting Countries by Value
24. Major Importing Countries by Value
25. Major Exporting Countries by Volume
26. Major Importing Countries by Volume
27. Global Fresh Milk Market Structure
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