Market Research Report
Published: April 1, 2021
Global Industry Analysts, Inc.
Content info: 337 Pages
Delivery time: 1-2 business days
Global Milk Market to Reach 931.7 Million Tonnes by 2027
Amid the COVID-19 crisis, the global market for Milk estimated at 820.9 Million Tonnes in the year 2020, is projected to reach a revised size of 931.7 Million Tonnes by 2027, growing at a CAGR of 1.8% over the period 2020-2027.
The U.S. Market is Estimated at 223 Million Tonnes, While China is Forecast to Grow at 2.8% CAGR
The Milk market in the U.S. is estimated at 223 Million Tonnes in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 168.7 Million Tonnes by the year 2027 trailing a CAGR of 2.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.3% and 1.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.5% CAGR.
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