MARKET INTRODUCTION
Fluid milk is a terminology used in the dairy industry to denote processed milk used as beverages. Most of the fluid milk is pasteurized with a high-temperature short time (HTST) continuous process at temperatures of 161?F for 15 seconds. It may also be fortified with essential nutrients, minerals and vitamins such as Vitamin A and Vitamin D. Over the years, the dairy industry has developed specialty fluid milk drinks to cater to the diverse nutritional requirements of consumers. Fluid milk includes a range of products from ultrafiltered skim milk, condensed whole milk, cream, and skim milk to customized fluid milk drinks.
MARKET DYNAMICS
Innovations and technological advancements in fluid milk processing industries include considerable improvements in pasteurization, homogenization, standardization, and packaging operations. These innovations have led to more efficient and cost-effective processes for producing fluid milk on an industrial scale. The automation and industrialization of dairy industries have resulted in mass production of milk and milk products at affordable prices. Increasing consumption of dairy products in the form of milk, flavored milk, and milk products such as yogurt, cream, ice cream, and buttermilk has been a significant factor behind the growth of the fluid milk market. The development of specialized fluid milk products such as lactose-free milk products to cater to consumers suffering from lactose intolerance is expected to further propel the sales of fluid milk products in the forecast period. The rising concern about the unethical treatment of farm animals and the growing trend of people adopting vegan or plant-based diets is anticipated to restrain the growth of the fluid milk markets.
MARKET SCOPE
The "Global Fluid Milk Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fluid milk market with detailed market segmentation by source, type, application, distribution channel, and geography. The global fluid milk market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fluid milk market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fluid milk market is segmented on the basis of source, type, application, and distribution channel. On the basis of source, the fluid milk market is segmented into, cow milk, ship milk, goat milk, and buffalo milk. On the basis of type, the market is bifurcated into, whole milk, low-fat milk, reduced-fat milk, skim-milk, cultured buttermilk, lactose-free milk, flavored milk. Based on application, the global fluid milk market is segmented into, fortified milk, flavored dairy drinks, yogurts, cheese, creams, and frozen desserts. On the basis of distribution channel, the market is bifurcated into, hypermarkets, supermarkets, food specialty stores, convenience stores, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fluid milk market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fluid milk market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the fluid milk market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the fluid milk market in these regions.
MARKET PLAYERS
The reports cover key developments in the fluid milk market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fluid milk market are anticipated to lucrative growth opportunities in the future with the rising demand for fluid milk in the global market. Below mentioned is the list of few companies engaged in the fluid milk market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fluid milk market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AGROPUR
- BERKELEY FARMS INC.
- COUNTRY FRESH LLC
- DAIRY FARMERS OF AMERICA INC.
- DANONE, SA
- FONTERRA CO-OPERATIVE GROUP LIMITED
- KONINKLIJKE FRIESLANDCAMPINA NV
- LACTALIS GROUP
- MAYFIELD DAIRY FARMS, INC.
- NESTLE S.A.
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