Global
demand for milk and cream is forecast to expand 1.9% p.a. between 2016 and 2020.
Brazil, China, Egypt, India and the United States are
considered the highest potential markets in the coming years.
According to recently
published research conducted by a leading international market research company,
Publisher, the expansion of the global milk and cream industry is forecast to reach
1.9% p.a. in the coming years. Between 2009 and 2015 the market increased with
an average annual growth of 6.8%. Currently, milk (not concentrated, not sweetened, less than 1% fat) accounts for 1.9% of the global demand while the
remaining market share is divided between milk
(not concentrated, not sweetened, 1-6% fat) (11.4%), milk (not concentrated, not
sweetened, more than 6% fat) (5.8%), milk powder (less than 1.5% fat) (43.3%), milk
and cream powder (unsweetened, more than 1.5% fat) (29.1%), milk and cream
powder (sweetened, more than 1.5% fat) (1.7%), milk and cream (unsweetened,
concentrated) (3.2%) and other milk and cream (3.7%).
Brazil, China, Germany, India and the United States represent the largest milk and cream markets while the
strongest annual growth is forecast to occur in Egypt (12.0%), Tanzania (10.4%),
Bangladesh (9.8%), India (9.4%) and Vietnam (8.7%).
Based on in-house analysis and
an advanced model which takes into consideration the actual market size, trends,
forecast market growth, and changes in the market environment, Publisher
calculates the Market Potential Rates, the predicted market potential of the
country in the coming years. The larger the Market Potential Rate, the more
potential the market has in the coming years; and conversely, the smaller the rate,
the less potential the market is considered to have in the future. Based on these
Market Potential Rates, the top 20 highest potential milk and cream markets in
the coming years are:
Ranking |
Country |
Market Potential Rate |
1 |
United States |
0.38 |
2 |
China |
0.34 |
3 |
India |
0.18 |
4 |
Egypt |
0.13 |
5 |
Brazil |
0.12 |
6 |
Tanzania |
0.10 |
7 |
Bangladesh |
0.10 |
8 |
Vietnam |
0.10 |
9 |
Germany |
0.09 |
10 |
Ecuador |
0.08 |
11 |
France |
0.08 |
12 |
Yemen |
0.07 |
13 |
Sri Lanka |
0.07 |
14 |
Kenya |
0.07 |
15 |
Philippines |
0.07 |
16 |
Malaysia |
0.06 |
17 |
Bolivia |
0.06 |
18 |
Italy |
0.06 |
19 |
Mexico |
0.06 |
20 |
Panama |
0.06 |
The market information is
based on new industry data reports recently published by Publisher. The reports
offer the most up-to-date industry
data on the actual market situation, trends, and future outlook for milk and
cream in the world and individually for the following countries:
Albania,
Argentina, Armenia, Australia, Austria, Azerbaijan, Bangladesh, Belgium,
Bolivia, Botswana, Brazil, Bulgaria, Burundi, Cameroon, Canada, Chile, China,
Colombia, Cyprus, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Ethiopia,
Finland, France, Georgia, Germany, Ghana, Greece, Hungary, India, Indonesia,
Iran, Ireland, Israel, Italy, Japan, Jordan, Kazakhstan, Kenya, Kuwait, Kyrgyzstan,
Latvia, Lebanon, Lithuania, Macedonia, Madagascar, Malawi, Malaysia, Mexico,
Moldova, Mongolia, Morocco, Namibia, Nepal, Netherlands, New Zealand, Norway,
Oman, Panama, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Romania,
Russia, Rwanda, Senegal, Singapore, Slovakia, Slovenia, South Africa, South
Korea, Spain, Sri Lanka, Sudan, Sweden, Tanzania, Thailand, Trinidad and
Tobago, Turkey, Ukraine, United Kingdom, United States, Uruguay, Vietnam, Yemen
The reports
include historic data from 2009 to 2015 and forecasts until 2020 which makes
the reports an invaluable resource for industry executives, marketing, sales
and product managers, consultants, analysts, and other people looking for key
industry data in readily accessible and clearly presented tables and graphs.
The reports help answer the
following questions:
- What is the current size of the
milk and cream market in the world and in different countries?
- How is the milk and cream market divided into different product segments?
- How are the overall market and different product segments growing?
- How is the market predicted to develop in the future?
- What is the market potential compared to other countries?
The latest
industry data included in these reports:
- Overall milk and cream market
size, 2009-2020
- Milk and cream market size by product segment, 2009-2020
- Growth rates of the overall market and different product segments, 2009-2020
- Shares of different product segments of the overall market, 2009, 2015 and 2020
- Market potential rates of the overall market and different product segments
The market data is given for the
following product segments:
Milk (not concentrated, not
sweetened, less than 1% fat)
Milk (not concentrated, not sweetened, 1-6% fat)
Milk (not concentrated, not sweetened, more than 6% fat)
Milk powder (less than 1.5% fat)
Milk and cream powder (unsweetened, more than 1.5% fat)
Milk and cream powder (sweetened, more than 1.5% fat)
Milk and cream (unsweetened, concentrated)
Other milk and cream