The global fresh milk market to grow at a CAGR of 3.34% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global fresh milk market for the period 2016-2020. The market size and forecast provided in this report are calculated on the basis of revenue from retail sales of fresh milk products. The report also includes a discussion of the key vendors operating in this market.
An interesting trend emerging in the market is the increasing per capita consumption of milk worldwide. The per capita consumption of milk in New Zealand was about 210 pounds per person in 2012 and increased to about 238.4 pounds per person in 2015. Rising awareness about the benefits of milk products, increasing global population, and increasing production of milk are some of the reasons for the rising per capita consumption of milk around the globe. It is expected that the per capita consumption of milk around the globe will reach 262 pounds per person by 2030 from 240 pounds per person in 2014.
According to the report, one of the main factors contributing to the growth of the global fresh milk market is the increasing investments by vendors to increase their production capabilities and expand their distribution networks to reach more consumers.
Further, the report states that contamination poses a significant challenge to the growth of the global fresh milk market.
Fresh milk products are those products that do not contain added preservatives to maintain the freshness of the product. Fresh milk consumption is believed to offer numerous health benefits.
- Protection against infections, diarrhea, rickets, scurvy, tooth decay, and tuberculosis - Healthy bone development - Improved vitamins A, B6, and D absorption - Enhanced mineral assimilation due to the presence of lactobacilli in milk
- Groupe Lactalis - Nestle - Mengniu - CCPR/Itambé
Other prominent vendors
- 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 - Yili Group