Global Evaporated Milk Market Insights, Forecast to 2025

Evaporated milk, known in some countries as unsweetened condensed milk, is a shelf-stable canned milk product with about 60% of the water removed from fresh milk.

Evaporated milk can be made from whole milk or skim milk. In either case, the milk is homogenized and then the water is removed by gently heating it. The evaporated milk product is sealed in cans which are then heated to kill any bacteria in the milk. Thus evaporated milk is actually sterile, which, combined with the fact that it is stored in airtight cans, gives it an extremely long shelf life.
In consumption market, North America and Europe are the mainly consumption regions due to the bigger demand of downstream applications. In 2017, these two regions occupied 47.14% of the global consumption volume in total.
Evaporated milk has two types, which include skimmed evaporated milk and whole evaporated milk. And each type has different application people and places relatively. Whole evaporated milk is purchased primarily by the confectionery industry while skimmed evaporated milk is commonly used as a source of milk solids in dairy applications and in the manufacture of ice cream, frozen yogurt and other frozen desserts. With nutrition value of evaporated milk, the downstream application industries will need more evaporated milk products. So, evaporated milk has a huge market potential in the future, especially in South America and Asia-Pacific.
The major raw material for evaporated milk is milk. Fluctuations in the price of the upstream product will impact on the production cost of evaporated milk. The production cost of evaporated milk is also an important factor which could impact the price of evaporated milk.
The global Evaporated Milk market is valued at 8210 million US$ in 2018 and will reach 9040 million US$ by the end of 2025, growing at a CAGR of 1.2% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Evaporated Milk market based on company, product type, end user and key regions.

This report studies the global market size of Evaporated Milk in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Evaporated Milk in these regions.
This research report categorizes the global Evaporated Milk market by top players/brands, region, type and end user. This report also studies the global Evaporated Milk market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Nestle
Arla
Fraser and Neave
Friesland Campina
Marigold
DMK GROUP
Eagle Family Foods
O-AT-KA Milk Products
Holland Dairy Foods
GLORIA
Alokozay Group
DANA Dairy
Delta Food Industries FZC
Yotsuba Milk Products
Nutricima
Senel Bv
Zhejiang Panda Dairy
Envictus
Alaska Milk

Market size by Product
Skimmed Evaporated Milk
Whole Evaporated Milk
Market size by End User
Infant Food
Dairy products
Bakeries
Confectionery
Others

Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa

The study objectives of this report are:
To study and analyze the global Evaporated Milk market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Evaporated Milk market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Evaporated Milk companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Evaporated Milk submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Evaporated Milk are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Evaporated Milk market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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