(Food-Beverage-News.Com, March 07, 2018 ) The Global Milk Market was worth USD xx billion in 2016 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2021. Milk is a white liquid which is produced by mammals in the mammary gland. It is the key source of nutrition in young mammals before they become capable of digesting other forms of food. Milk is consumed by about six billion people daily and about 750 million people in the world are employed in the milk industry alone.
Milk products are sold in a lot of varieties which is based on factors like age, additives, farming method, coagulation, fermentation, flavouring, fat content, homogenization and packaging among others. The composition of milk changes widely among various species in the parameters such as the amount of fats, sugars, proteins and various vitamins and minerals. Milk is known to be a wholesome diet which is known to offer various health benefits such as promotion of muscle growth and reduction of body fat, among others.
The Global Milk market is driven by factors like rising production of milk, rising awareness about healthy diets, rising population, growing disposable incomes and various flavours being available in the market among others. Some of the restraints which are faced by this market are perceived inhumane treatment of cattle in dairy farms and growing awareness about lactose intolerance. The Global Milk market is divided on the basis of customers into women, kids, youth, calorie conscious and health conscious segments. By type, the market is segmented into whole milk, toned milk, partly skimmed milk, skim milk, raw milk and others. By source, the market is categorized into cow, buffalo, goat, sheep, camel, donkey, horse, reindeer and yak. Cow segment is expected to have the largest market share.
The Global Milk market is divided based on geography into North America, Latin America, Asia-Pacific, Middle East and Africa and Europe. North America has the leading market for Milk in the world, which if followed by Asia Pacific and Europe regions. Asia Pacific region is expected to have the fastest growth rate during the forecast period owing to rising consumption in countries such as India, China and Japan. Globally, India is the largest producer and consumer of milk.
Some of the major players in the market include Amul, Arla Foods, Associated Milk Producers, Bright Food, Dairy Farmers of America, Darigold, Dean Foods, DMK Deutsches Milchkontor GmbH, FrieslandCampina, Groupe Even, Grupo Lala, Meg Milk Snow Brand, Meiji Dairies Corporation, Morinaga Milk Industry, Muller, Saputo, Sodiaal, Spoldzielnia Mleczarska Mlekovita, and Yili Group.
Market Segmentation Customers Women Kids Youth Calorie Conscious Health Conscious Type Whole Milk Toned Milk Partly Skimmed Milk Skim Milk Raw Milk Other Types Source Cow Buffalo Goat Sheep Camel Horse Donkey Reindeer Yak
The scope of the report provides: The evaluation of the current market for your product or services and the future implications of the market Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porters Five Forces The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence Equip you with the information providing with the investment opportunities in the industry
About Us: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
