The global market for Milk is estimated at 958.2 Million Tonnes in 2023 and is projected to reach 1.1 Billion Tonnes by 2030, growing at a CAGR of 2.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the dairy milk market is driven by several factors. Technological advancements in dairy farming, such as automated milking systems and improved herd management techniques, have increased milk production efficiency and quality. The rising demand for high-protein and nutrient-dense foods has bolstered dairy milk`s popularity among health-conscious consumers. Furthermore, the expanding use of dairy milk in the food and beverage industry, particularly in products like cheese, yogurt, and butter, has sustained its market relevance. Consumer behavior trends, including the preference for natural and minimally processed foods, have also contributed to the growth of the dairy milk market. As the industry continues to innovate and adapt to changing consumer preferences, dairy milk remains a vital and resilient component of the global food market.
The growth in the dairy milk market is driven by several factors. Technological advancements in dairy farming, such as automated milking systems and improved herd management techniques, have increased milk production efficiency and quality. The rising demand for high-protein and nutrient-dense foods has bolstered dairy milk`s popularity among health-conscious consumers. Furthermore, the expanding use of dairy milk in the food and beverage industry, particularly in products like cheese, yogurt, and butter, has sustained its market relevance. Consumer behavior trends, including the preference for natural and minimally processed foods, have also contributed to the growth of the dairy milk market. As the industry continues to innovate and adapt to changing consumer preferences, dairy milk remains a vital and resilient component of the global food market.
Regional Analysis
Gain insights into the U.S. market, estimated at 258.5 Million Tonnes in 2023, and China, forecasted to grow at an impressive 3.4% CAGR to reach 210.3 Million Tonnes by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Milk Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Milk Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Milk Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Almarai Company, Arla Foods Amba, Armor Proteines SAS, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 227 Featured):
- Almarai Company
- Arla Foods Amba
- Armor Proteines SAS
- Dairy Farmers of America
- Fonterra Co-operative Group Ltd.
- Foremost Farms USA
- Glanbia PLC
- Groupe Lactalis
- Gujarat Cooperative Milk Marketing Federation (AMUL)
- Hangzhou Wahaha Group Co., Ltd.
- HP Hood LLC
- Inner Mongolia Yili Industrial Group Co., Ltd.
- Kerry Group PLC
- Lifeway Foods, Inc.
- MILEI GmbH
- Morinaga Milk Industry Co., Ltd.
- Namyang Dairy Products Co., Ltd.
- Nestle SA
- Saputo, Inc.
- Valio Oy
- Want Want China Holdings Ltd.
- Warrnambool Cheese & Butter Factory Company Holdings Ltd.
- Wimm-Bill-Dann Foods OJSC
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
Companies Mentioned
- Almarai Company
- Arla Foods Amba
- Armor Proteines SAS
- Dairy Farmers of America
- Fonterra Co-operative Group Ltd.
- Foremost Farms USA
- Glanbia PLC
- Groupe Lactalis
- Gujarat Cooperative Milk Marketing Federation (AMUL)
- Hangzhou Wahaha Group Co., Ltd.
- HP Hood LLC
- Inner Mongolia Yili Industrial Group Co., Ltd.
- Kerry Group PLC
- Lifeway Foods, Inc.
- MILEI GmbH
- Morinaga Milk Industry Co., Ltd.
- Namyang Dairy Products Co., Ltd.
- Nestle SA
- Saputo, Inc.
- Valio Oy
- Want Want China Holdings Ltd.
- Warrnambool Cheese & Butter Factory Company Holdings Ltd.
- Wimm-Bill-Dann Foods OJSC