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.
Scope of the Report:In consumption market, North America and Europe are the mainly consumption regions due to the bigger demand of downstream applications. in 2019, 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 worldwide market for Evaporated Milk is expected to grow at a CAGR of roughly 1.8% over the next five years, will reach 9110 million US$ in 2026, from 8210 million US$ in 2020, according to a new study.
This report focuses on the Evaporated Milk in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers 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 Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Skimmed Evaporated Milk
Whole Evaporated Milk
Market Segment by Applications, can be divided into Infant Food
Dairy products
Bakeries
Confectionery
Others
The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Evaporated Milk product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Evaporated Milk, with price, sales, revenue and global market share of Evaporated Milk in 2018 and 2019.
Chapter 3, the Evaporated Milk competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Evaporated Milk breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, Evaporated Milk market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026.
Chapter 13, 14 and 15, to describe Evaporated Milk sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.